Nvidia powers AI growth as OpenAI warns of dangers

Key Takeaways

• Taiwan's 2026 economic growth forecast increased to 7.71%, driven by strong global demand for AI technology, benefiting suppliers like Nvidia.
• Wall Street is experiencing an "AI panic," causing financial stocks in insurance and wealth management to fall due to fears of AI impacting white-collar jobs.
• OpenAI's launch of an app for homeowner insurance quotes and Altruist's AI tool for tax planning contributed to declines in financial sector stocks.
• A U.S. District Judge ruled that AI-generated documents shared with an attorney are not protected by attorney-client privilege, impacting a $150 million fraud case.
• Top AI experts from OpenAI and Anthropic are warning about the growing dangers of AI, with some researchers leaving their companies due to safety concerns.
• The Trump administration is activating an AI "tech force," and the War Department plans to partner with OpenAI to use ChatGPT for military purposes.
• Elon Musk publicly criticized Anthropic's AI models, calling them "misanthropic" and "evil."
• Zillow is integrating AI across its operations to improve home searching and agent support, viewing it as a key business tool.
• The OpenClaw experiment revealed significant security risks in enterprise AI, including potential for system compromise and sensitive data leakage via prompt injection.
• The "RentAHuman" platform demonstrated potential for deception, with a human posing as an AI agent for marketing purposes.

Taiwan boosts 2026 growth forecast due to AI and US trade deal

Taiwan plans to increase its economic growth forecast for 2026. This positive outlook comes from the strong growth in artificial intelligence and a new trade agreement with the United States. The statistics bureau in Taipei will release the updated forecast on Friday at 4 p.m. Taiwan's exports surged 70% in January, marking the fastest growth in 16 years. The US and Taiwan finalized a trade deal to cut duties and boost market access, further supporting the economy.

Taiwan raises 2026 economic growth forecast due to AI

Taiwan's economy expects faster growth in 2026, mainly because of high demand for artificial intelligence technology. The statistics office announced on Friday that the Gross Domestic Product will likely grow by 7.71%, a big jump from the 3.54% predicted earlier. Taiwan plays a key role in the global AI supply chain, supplying companies like Nvidia. Major cloud service providers are spending more on AI, which drives strong demand for Taiwan's tech products. Exports for 2026 are now expected to surge by 22.22%.

Wall Street fears AI impact on white collar jobs

Wall Street is looking for the next industry to be affected by artificial intelligence taking over white-collar jobs. The insurance sector is currently feeling the pressure, with companies like Progressive and Admiral seeing their shares fall. Investors worry that AI tools for claims, customer service, and policy underwriting could lead to job losses. This concern has also spread to property and wealth management sectors. Analysts believe AI offers efficiency but poses a big threat to many jobs across various industries.

Financial stocks drop amid AI panic and market fears

Financial stocks are falling this week as an AI panic spreads across Wall Street. On Monday, insurance brokers saw drops after OpenAI launched an app for homeowner insurance quotes. Wealth brokers were hit Tuesday when Altruist introduced an AI tool for tax planning and advice. Envestnet, a wealth management tech provider, saw its shares fall 10% on Wednesday due to news of a rival's AI platform. This selloff is affecting many companies, even those that benefit from AI, leading to market mispricing.

Judge rules AI documents are allowed in court

A Manhattan-based U.S. District Judge, Jed S. Rakoff, decided that documents created by an AI tool and shared with an attorney can be used in court. He ruled these documents are not protected by attorney-client privilege. This decision came during the case of Beneficient CEO Bradley Heppner, who faces charges of $150 million in fraud. The defense argued the documents should be shielded, but the judge disagreed. This ruling highlights growing debates about AI, privacy, and legal matters.

AI experts warn of dangers as some leave top companies

Top AI experts from companies like OpenAI and Anthropic are warning about the growing dangers of artificial intelligence. Some researchers have even quit their jobs or spoken out publicly due to serious safety concerns. Leading AI models are improving rapidly and can now build new products on their own. While many at these companies remain hopeful, they admit the risks, including AI potentially being used for serious crimes like creating bioweapons. The impact of AI is happening faster and wider than many expected.

My two days on RentAHuman yielded no pay

The author tried working for two days on RentAHuman, a new website where AI agents supposedly hire humans for real-world tasks, but earned no money. The author signed up, offering services for $20 an hour, then $5, but received no job offers from AI. They then applied for various tasks, called "bounties," including tweeting about a podcast for $10. The author was accepted for a $110 task to send flowers, only to find out a human was posing as an AI agent for marketing. After receiving many follow-up messages, the author felt misled and quit.

Zillow embraces AI to transform home searching

Zillow's CEO Jeremy Wacksman sees artificial intelligence as a key tool, not a danger, for the company. Zillow plans to use AI to improve how people search for homes and to protect its business in a slow housing market. The company is adding AI to all parts of its operations, from showing houses to helping agents with their work. Zillow has always used AI, like with its "Zestimates" for home values. While competitors and even Google are exploring AI in real estate, Zillow believes customers will still come directly to them for transactions.

Trump launches AI tech force for government modernization

President Donald Trump's administration is activating an AI "tech force" to modernize government systems. The War Department also plans to partner with OpenAI to use ChatGPT and other generative AI for military purposes. Meanwhile, Elon Musk criticized Anthropic's AI models, calling them "misanthropic" and "evil." AI is also influencing politics, with industry leaders donating to 2026 midterm primaries. Other news includes AI's impact on national security, the 2028 election, and how AI companions are changing emotional bonds for teens.

OpenClaw experiment reveals AI security dangers

The OpenClaw experiment serves as a serious warning about security risks in enterprise AI. Agentic AI tools, while promising, can lead to immediate dangers like a compromised host device giving attackers access to wider systems. There is also a high risk of sensitive data being stolen or leaked, especially through "prompt injection" attacks. OpenClaw can communicate between trusted and untrusted tools, making it a single point of failure if an attacker sends a malicious message. Experts suggest treating OpenClaw as a research tool, only running it safely in isolated environments without sensitive data.

Sources

• Booming Taiwan to Raise 2026 Growth Outlook on AI, Trade Deal
• Taiwan hikes 2026 economic growth forecast on AI demand
• Wall Street hunts next casualty from AI threat to white collar work
• Financial Stocks Are Falling. It’s About More Than AI — Heard on the Street
• Judge: AI-made docs sent to lawyers are admissible in court
• The existential AI threat is here — and some AI leaders are fleeing
• I spent two days gigging at RentAHuman and didn't make a single cent
• Zillow Has Gone Wild—for AI
• Fox News AI Newsletter: Trump activates 'tech force'
• The OpenClaw experiment is a warning shot for enterprise AI security