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Welcome to Tech Beat, your daily read on the stories shaping our digital world.
British MPs are pushing to treat social media platforms the way regulators treat dangerous toys — with real accountability for harm. A parliamentary committee says the evidence linking social media to serious damage, particularly to young people, is now strong enough to demand the same product-safety scrutiny applied to any other consumer risk.
That conversation about digital harm takes on a different dimension when artificial intelligence steps in to help rather than hurt. Claude, Anthropic's AI assistant, recently helped a Bitcoin owner recover nearly four hundred thousand dollars in lost cryptocurrency — by identifying a wallet backup the owner had completely forgotten about for more than a decade. It's a striking reminder that AI can serve as a kind of patient, methodical memory.
Meanwhile, a broader financial picture is giving analysts pause. The Shiller cyclically adjusted price-to-earnings ratio for American stocks is now approaching the levels last seen at the peak of the dot-com bubble in nineteen ninety-nine. Whether that signals a correction ahead or simply a new normal for a technology-heavy market remains the central question no one can quite answer.
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