TechCheck TechCheck Takes: AI is taking over and there are no guardrails 3/3/26
Mar 3, 2026
Alex Bores, former Palantir engineer turned New York state lawmaker who authored the RAISE Act and is running for Congress on AI regulation, talks about agentic AI doing real work. They cover market sell-offs across software and gaming, safety promises being abandoned, Anthropic and Pentagon tensions, state-level laws moving faster than federal policy, and proposals to fund an AI dividend.
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AI Agents Are Doing Real Work Now
- AI has entered an agentic phase that does real work, not just chat, enabling tasks like building polished presentations from two prompts.
- Deirdre Bosa demonstrated an agent taking over her computer to research, design, and revise a 10-slide executive deck without human edits.
Markets Are Pricing In AI Disruption Now
- Rapid agent integration into enterprise systems is amplifying market fear and indiscriminate sell-offs across software, legal, gaming, and cybersecurity stocks.
- The IGV software ETF dropped nearly 30% in two months as investors panic over AI replacing services companies.
Researchers Resigned Over Safety Concerns
- Several high-profile researchers resigned, warning of existential risks and corporate pressures.
- Anthropic's Safeguards research head and an OpenAI researcher both left, publishing alarmist letters about safety compromises.