People Are Turning to AI for Mental Health, California Wants It Banned
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OpenAI's new method may improve the quality of AI-powered mental health recommendations; pre-release simulation testing is crucial.
BlockBeats reported on July 2nd that OpenAI's "Pre-Deployment Simulation" method promises to improve the performance of generative AI in mental health advice. This method tests new, yet-to-be-released models using real-world user dialogue samples from already deployed models, reviewing and optimizing their responses to identify and correct potential issues before official release. The report states that as more users seek mental health advice using large language models such as ChatGPT, Claude, Gemini, and Grok, which are not specifically designed for mental health scenarios, certain risks exist. The article argues that conducting pre-deployment simulation training for mental health scenarios can help improve the safety and effectiveness of model recommendations and reduce the risk of potential misleading information. --------------------------------- Click the original link below to join the Beating · Lark AI news channel and monitor global AI hotspots and news 24/7.
Analysts: Stablecoin market capitalization shrinks by over $3 billion per month, Bitcoin's rebound lacks "fuel" support.
PANews reported on July 8th that CryptoQuant analyst Axel Adler Jr. stated that since mid-May, the stablecoin market has shifted from a source of liquidity to a source of liquidity depletion. The 30-day average inflow into stablecoin exchanges has fallen from $3.2 billion to $2.65 billion, 31% lower than the annual average of $3.86 billion; the combined market capitalization of USDT and USDC is shrinking at a rate exceeding $3 billion per month. The analyst points out that Bitcoin's 21% drop since mid-May is a direct consequence of this "fuel" shortage. Currently, the market is losing liquidity on two levels simultaneously: fewer new stablecoins are flowing into exchanges, and the dollar base itself is contracting. Improvement requires a reversal of both indicators—the 30-day average inflow returning above the annual average, and the monthly change in market capitalization returning to positive territory.
The Taiwan Affairs Office of the State Council responded to TSMC's plan to increase its capital investment in its US subsidiary by US$20 billion.
Mars Finance reports that the Taiwan Affairs Office of the State Council held a regular press conference on the morning of July 8. A reporter asked: "It is reported that TSMC will invest an additional $20 billion in its US subsidiary to build a 12-inch wafer fab and an advanced packaging plant. This is the sixth time the Taiwan Economic Affairs Department has approved TSMC's investment in its US subsidiary, bringing the total approved investment to date to $44 billion. This has further heightened concerns in Taiwan about TSMC becoming 'US TSMC.' What is your comment on this?" Chen Binhua, spokesperson for the Taiwan Affairs Office, replied: "The DPP authorities are using TSMC's investment in the US as a pledge of allegiance to 'seek independence by relying on the US,' shamelessly clinging to the US and actively cooperating with the US to seize Taiwan's advantageous industries. They are sacrificing their industrial foundation and interests in exchange for so-called 'support.' The further they go down the wrong path, the more the concerns of the Taiwanese people will become a reality." (Cailian Press)
Multiple factors drove a correction in South Korean stocks: profit-taking by Samsung and SK Hynix, collective withdrawal of foreign capital, and amplified concerns about oversupply risks and fundamentals.
According to BlockBeats, on July 6th, based on Bitget market data, the South Korean stock market has been experiencing a continuous downward correction recently. On July 2nd, the KOSPI index once plummeted by nearly 8%, triggering a trading halt, with SK Hynix falling by over 14% and Samsung by over 9%. On July 3rd, it fell by over 3% in the morning session before rebounding sharply. Today, the South Korean stock market continued its downward trend, falling by over 3% at one point, driven by multiple factors: Samsung and SK Hynix have excessively high weightings, leading to concentrated profit-taking. Currently, the weighting of Samsung Electronics and SK Hynix, two core AI memory stocks, in the KOSPI has risen to approximately 50%, meaning that fluctuations in the memory sector can cause significant volatility in the entire South Korean index. After a continuous surge in recent months, concentrated profit-taking has become the driving force behind the recent natural correction. US stock market correction sentiment spills over. In the global market, the recent collective correction in US semiconductor, memory chip, and optical communication sectors has triggered a global sell-off in technology stocks. Market concerns include the sustainability of AI capital expenditure and overvaluation. South Korean stocks are highly sensitive to sentiment in the US tech sector and are similarly affected by spillover effects from US market sentiment. The structural fragility of the South Korean market amplifies the decline. The assets of 2x leveraged products tracking Samsung and SK Hynix are enormous, far exceeding the average daily trading volume of the stocks themselves. Forced rebalancing during declines further fuels selling and exacerbates the fall. The high leverage of retail investors combined with margin trading creates a chain reaction, causing frequent extreme volatility in the South Korean stock market. Foreign capital is fleeing South Korea. Recently, foreign investors in South Korea net sold 7.7 trillion won (approximately US$4.98 billion) worth of KOSPI shares on Monday, setting a record for the largest single-day sell-off. Combined with factors such as pressure on the won's exchange rate, this further undermines foreign investor confidence. Oversupply risks raise fundamental concerns. Samsung and SK Hynix plan massive investments in new memory chip factories, totaling tens of billions of dollars. The market worries that a significant increase in future capacity will put downward pressure on memory prices. Meanwhile, demand from major customers such as Nvidia for higher-stack HBM chips has slowed, shaking market confidence in the sustainability of the "AI supercycle."
The "Beijing Digital Economy Development Report (2025-2026)" was released, predicting that the core artificial intelligence industry will reach approximately 450 billion yuan in scale by 2025.
According to Mars Finance, at the 2026 Global Digital Economy Conference results release conference yesterday, Lu Ya, Vice President of the Beijing Academy of Social Sciences, released the "Beijing Digital Economy Development Report (2025-2026)" blue book. The report shows that in 2025, Beijing's digital economy added value exceeded 2.4 trillion yuan, a year-on-year increase of 8.7%, accounting for 46.4% of GDP. It ranked second in the global digital economy benchmark city index evaluation, with a development index value of 0.770, firmly maintaining its position as a "global leading city." Lu Ya introduced that Beijing's status as the "No. 1 city for artificial intelligence" continues to be consolidated. In 2025, the core artificial intelligence industry scale was approximately 450 billion yuan, attracting over 2,500 related enterprises. As of April 2026, 225 large-scale models had been registered. Innovation and industry application of large-scale models are accelerating in both directions, rapidly empowering industrial upgrading, technological innovation, and public services. The market-oriented reform of data elements is being deepened, and breakthroughs have been achieved in the construction of "one zone and three centers." The trading volume of the Beijing International Big Data Exchange increased by 150% year-on-year, and the circulation of trusted data space is deepening around key areas such as healthcare and audiovisual media. (Cailian Press)
South Korean investors have bet $2.8 billion on Chinese AI stocks in just six months: A-share companies like North China Electronics and Cambricon have been snapped up.
According to data from Odaily Odaily, South Korean investors poured $2.819 billion into Chinese assets in the first half of the year through individual stocks and ETFs. A-share purchases surged 130.55% year-on-year, with North China Semiconductor and Cambricon leading the pack. In Hong Kong, SMIC and MiniMax were among the top buyers. Standard Chartered analysts stated that overseas funds' attitudes towards Chinese assets have "fundamentally changed." North China Semiconductor topped the list with approximately $33.94 million in purchases, followed by Cambricon ($27.28 million) and CATL ($12.54 million). Beyond semiconductors, South Korean investment is also spreading to a wider range of computing infrastructure, including servers, data centers, and power and network support. (Daily Economic News)