So does every AI agent such as Claude Code. I’ll take the privacy risk for the 10x increase in productivity. To help mitigate the security risk I will be encrypting environment files and rotating secrets far more often.

Yea, I feel the same. I'm basically a noob compared to most power users here, and while I do prioritize privacy in many other areas, warp has been super powerful for me. One of the things that I use it for it to find out old unused files on my system and ask it to examine them and suggest if they can be deleted. It's very convenient.