How would gravity change on a planet rotating around itself very fast?

The apparent radial accelleration due to moving in a circle is ω2R. For earth, ω = 2π rad/24 h = 73 x 10-6 rad/s. Earth's radius is about 6.37 Mm. Therefore the upwards accelleration at the equator is 34 mm/s2. That's pretty small compared to the 9.8 m/s2 downwards accelleration due to gravity, so we generally ignore it. Then there is also the issue that the planet is deformed due to the spin, which effects surface gravity, but let's ignore that too.

If the same earth were spinning 10,000 times faster, ω would be 0.727 rad/s, and upwards accelleration at the equator due to the spin would be 3.4 Mm/s2. Obviously this is much more than the downward accelleration due to gravity, so this system wouldn't be stable and the ridiculous factor of 10,000x higher spin speed makes no sense.

What if the earth was only spinning 10x faster? Then ω would be 727 x 10-6 rad/s, and the centrifugal accelleration at the equator 3.4 m/s2. That's a significant fraction of the accelleration due to gravity, which you'd definitely notice on a human scale. Yes, you'd be able to jump higher than on the real earth.

However this still doesn't make sense in the context of real earth. Such a extreme rotational accelleration would greatly flatten the planet, reduce apparent gravity holding the atmosphere at the equator, and lots of other effects that would make the result unlike the real earth in many ways.