Asia-Pacific markets opened mostly lower on Friday on worries about U.S. artificial intelligence disruption S&P 500 Index Third consecutive day of losses.

Certain sectors of the U.S. stock market have been hit this year by the release of artificial intelligence tools that could replicate their businesses, or at least erode their profit margins.

Shares in multiple freight and logistics companies refuse out of fear New artificial intelligence tools could drastically reduce freight efficiency, thereby reducing demand for the industry’s services.

Real estate and financial stocks were also hit hard, with commercial real estate brokers expand losses For the second day in a row.

Although Taiwan, the most prominent market in artificial intelligence, is closed for the Lunar New Year holiday, Asian investors are still watching for any spillover effects.

Australian S&P/ASX 200 Index It fell 1.02% in early trading.

Japanese Nikkei 225 Index It fell 0.58% after briefly touching 58,000 points on Thursday. The Topix fell 0.58%. South Korea’s Kospi rose 0.35%, while the small-cap Kosdaq fell 1.36%.

Hong Kong Hang Seng Index futures were at 26,703 points, lower than the index’s last closing point of 27,032.54 points.