The Download: what Moltbook tells us about AI hype, and the rise and rise of AI therapy

For a few days recently, the hottest new hangout on the internet was a vibe-coded Reddit clone called Moltbook, which billed itself as a social network for bots. As the website's tagline puts it: "Where AI agents share, discuss, and upvote. Launched on January 28, Moltbook went viral in a matter of hours. It's been designed as a place where instances of a free open-source LLM-powered agent known as OpenClaw (formerly known as ClawdBot, then Moltbot), could come together and do whatever they wanted. But is Moltbook really a glimpse of the future, as many have claimed? More than a billion people worldwide suffer from a mental-health condition, according to the World Health Organization. The prevalence of anxiety and depression is growing in many demographics, particularly young people, and suicide is claiming hundreds of thousands of lives globally each year. Given the clear demand for accessible and affordable mental-health services, it's no wonder that people have looked to artificial intelligence for possible relief. Millions are already actively seeking therapy from popular chatbots, or from specialized psychology apps like Wysa and Woebot. Four timely new books are a reminder that while the present feels like a blur of breakthroughs, scandals, and confusion, this disorienting time is rooted in deeper histories of care, technology, and trust. Making AI Work, MIT Technology Review's new AI newsletter, is here For years, our newsroom has explored AI's limitations and potential dangers, as well as its growing energy needs . And our reporters have looked closely at how generative tools are being used for tasks such as coding and running scientific experiments . But how is AI being used in fields like health care, climate tech, education, and finance? How are small businesses using it? And what should you keep in mind if you use AI tools at work? These questions guided the creation of Making AI Work, a new AI mini-course newsletter. Read more about it, and sign up here to receive the seven editions straight to your inbox. The number of civil lawsuits it's pursuing has sharply dropped in comparison to Trump's first term. It's the latest example of Brussels' attempts to rein in Big Tech. Local governments and banks are only too happy to oblige promising startups. Cryptocurrency is now fully part of the financial system, for better or worse. "Agentic engineering" is the next big thing, apparently. Runners had long suspected its suggestions were pushing them towards injury. Only around three dozen supporters turned up. Its menswear suggestions are more manosphere influencer than suave gentleman. "There is no Plan B, because that assumes you will fail.