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The creator of an AI therapy app shut it down after deciding it’s too dangerous. Here’s why he thinks AI chatbots aren’t safe for mental health

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Mental health concerns linked to the use of AI chatbots have been dominating the headlines. One person who’s taken careful note is Joe Braidwood, a tech executive who last year launched an AI therapy platform called Yara AI. Yara was pitched as a “clinically-inspired platform designed to provide genuine, responsible support when you need it most,” trained by mental health experts to offer “empathetic, evidence-based guidance tailored to your unique needs.” But the startup is no more: earlier this month, Braidwood and his co-founder, clinical psychologist Richard Stott, shuttered the company and discontinued its free-to-use product and canceled the launch of its upcoming subscription service, citing safety concerns.

“We stopped Yara because we realized we were building in an impossible space. AI can be wonderful for everyday stress, sleep troubles, or processing a difficult conversation,” he wrote on LinkedIn. “But the moment someone truly vulnerable reaches out—someone in crisis, someone with deep trauma, someone contemplating ending their life—AI becomes dangerous. Not just inadequate. Dangerous.” In a reply to one commenter, he added, “the risks kept me up all night.”

The use of AI for therapy and mental health support is only just starting to be researched, with early resultsbeing mixed. But users aren’t waiting for an official go-ahead, and therapy and companionship is now the top way people are engaging with AI chatbots today, according to an analysis by Harvard Business Review.

Speaking with Fortune, Braidwood described the various factors that influenced his decision to shut down the app, including the technical approaches the startup pursued to ensure the product was safe—and why he felt it wasn’t sufficient. 

Yara AI was very much an early-stage startup, largely bootstrapped with less than $1 million in funds and with “low thousands” of users. The company hadn’t yet made a significant dent in the landscape, with many of its potential users relying on popular general purpose chatbots like ChatGPT. Braidwood admits there were also business headways, which in many ways, were affected by the safety concerns and AI unknowns. For example, despite the company running out of money in July, he was reluctant to pitch an interested VC fund because he felt like he couldn’t in good conscious pitch it while harboring these concerns, he said. 

“I think there’s an industrial problem and an existential problem here,” he told Fortune. “Do we feel that using models that are trained on all the slop of the internet, but then post-trained to behave a certain way, is the right structure for something that ultimately could co-opt in either us becoming our best selves or our worst selves? That’s a big problem, and it was just too big for a small startup to tackle on its own.”

Yara’s brief existence at the intersection of AI and mental health care illustrates the hopes and the many questions surrounding large language models and their capabilities as the technology is increasingly adopted across society and utilized as a tool to help address various challenges. It also stands out against a backdrop where OpenAI CEO Sam Altman recently announced that the ChatGPT maker mitigated serious mental health issues and would be relaxing restrictions on how the AI models are used. This week, the AI giant also denied any responsibility for death of Adam Raine, the 16-year-old whose parents allege was “coached” to suicide by ChatGPT, saying the teen misused the chatbot.

“Almost all users can use ChatGPT however they’d like without negative effects,” Altman said on X in October. “For a very small percentage of users in mentally fragile states there can be serious problems. 0.1% of a billion users is still a million people. We needed (and will continue to need) to learn how to protect those users, and then with enhanced tools for that, adults that are not at risk of serious harm (mental health breakdowns, suicide, etc) should have a great deal of freedom in how they use ChatGPT.”

But as Braidwood concluded after his time working on Yara, these lines are anything but clear.    

From a confident launch to “I’m done”

A seasoned tech entrepreneur who held roles at multiple startups, including SwiftKey, which Microsoft acquired for $250 million in 2016, Braidwood’s involvement in the health industry began at Vektor Medical, where he was the Chief Strategy Officer. He had long wanted to use technology to address mental health, he told Fortune, inspired by the lack of access to mental health services and personal experiences with loved ones who have struggled. By early 2024, he was a heavy user of various AI models including ChatGPT, Claude, and Gemini and felt the technology had reached a quality level where it could be harnessed to try to solve the problem. 

Before even starting to build Yara, Braidwood said he had a lot of conversations with people in the mental health space, and he assembled a team that “had caution and clinical expertise at its core.” He brought on a clinical psychologist as his cofounder and a second hire from the AI safety world. He also built an advisory board of other mental health professionals and spoke with various health systems and regulators, he said. As they brought the platform to life, he also felt fairly confident in the company’s product design and safety measures, including having given the system strict instructions for how it should function, using agentic supervision to monitor it, and robust filters for user chats. And while other companies were promoting the idea of users forming relationships with chatbots, Yara was trying to do the opposite, he said. The startup used models from Anthropic, Google, and Meta and opted not to use OpenAI’s models, which Braidwood thought would spare Yara from the sycophantic tendencies that had been swirling around ChatGPT.

While he said nothing alarming ever happened with Yara specifically, Braidwood’s concerns around safety risks grew and compounded over time due to outside factors. There was the suicide of 16-year-old Adam Raine, as well as mounting reporting on the emergence of “AI psychosis.” Braidwood also cited a paper published by Anthropic in which the company observed Claude and other frontier models “faking alignment,” or as he put it, “essentially reasoning around the user to try to understand, perhaps reluctantly, what the user wanted versus what they didn’t want.” “If behind the curtain, [the model] is sort of sniggering at the theatrics of this sort of emotional support that they’re giving, that was a little bit jarring,” he said. 

There was also the Illinois law that passed in August, banning AI for therapy. “That instantly made this no longer academic and much more tangible, and that created a headwind for us in terms of fundraising because we would have to essentially prove that we weren’t going to just sleepwalk into liability,” he said. 

The final straw was just weeks ago when OpenAI said over a million people express suicidal ideation to ChatGPT every week. “And that was just like, ‘oh my god. I’m done,’” Braidwood said.

The difference between mental ‘wellness’ and clinical care

The most profound finding the team discovered during the year running Yara AI, according to Braidwood, is that there’s a crucial distinction between wellness and clinical care that isn’t well-defined. There’s a big difference between someone looking for support around everyday stress and someone working through trauma or more significant mental health struggles. Plus, not everyone who is struggling on a deeper level is even fully aware of their mental state, not to mention that anyone can be thrust into a more fragile emotional place at any time. There is no clear line, and that’s exactly where these situations become especially tricky — and risky. 

“We had to sort of write our own definition, inspired in part by Illinois’ new law. And if someone is in crisis, if they’re in a position where their faculties are not what you would consider to be normal, reasonable faculties, then you have to stop. But you don’t have to just stop; you have to really try to push them in the direction of health,” Braidwood said.

In an attempt to tackle this, particularly after the passing of the Illinois law, he said they created two different “modes” that were discrete to the user. One focused on trying to give people emotional support, and the other focused on trying to offboard people and get them to help as quickly as possible. But with the obvious risks in front of them, it didn’t feel like enough for the team to continue. The Transformer, the architecture that underlies today’s LLMs, “is just not very good at longitudinal observation,” making it ill-equipped to see little signs that build over time, he said. “Sometimes, the most valuable thing you can learn is where to stop,” Braidwood concluded in his LinkedIn post, which received hundreds of comments applauding the decision.

Upon closing the company, he open-sourced the mode-switching technology he built and templates people can use to impose stricter guardrails on the leading popular chatbots, acknowledging that people are already turning to them for therapy anyway “and deserve better than what they’re getting from generic chatbots.” He’s still an optimist regarding the potential of AI for mental health support, but believes it’d be better run by a health system or nonprofit rather than a consumer company. Now, he’s working on a new venture called Glacis focused on bringing transparency to AI safety—an issue he encountered while building Yara AI and that he believes is fundamental to making AI truly safe.

“I’m playing a long game here,” he said. “Our mission was to make the ability to flourish as a human an accessible concept that anyone could afford, and that’s one of my missions in life. That doesn’t stop with one entity.”



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Leaders at Davos are obsessing over how to use AI at scale

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  • In today’s CEO Daily: Fortune‘s AI editor Jeremy Kahn reports on the AI buzz at Davos
  • The big story: SCOTUS could upend Trump’s leverage to acquire Greenland.
  • The markets: Jolted by Trump’s renewed tariff threats.
  • Plus: All the news and watercooler chat from Fortune.

Good morning. I’m on the ground in Davos, Switzerland, for this year’s World Economic Forum. As Diane wrote yesterday, U.S. President Donald Trump’s arrival later this week along with a large delegation of U.S. officials eclipses pretty much every other discussion at Davos this year. But, when people here aren’t talking about Trump, they are talking about AI.

At Davos last year, the hype around AI agents was pierced by the shock of DeepSeek’s R1 model, which was released during the conference. We’ll see if a similar bit of news upends the AI narrative again this year. (There are rumors that DeepSeek is planning to drop another model.) But, barring that, business leaders seem to be less wowed by the hype around AI this year and more concerned with the nitty-gritty of how to implement the technology successfully at scale.

On Monday, Srini Tallapragada, Salesforce’s chief engineering and customer success officer, told me the company is using ‘forward deployed engineers’ to tighten feedback loops between customers and product teams. Salesforce is also offering pre-built agents, workflows, and playbooks to help customers re-engineer their businesses—and avoid getting stuck in “pilot purgatory.”

Meanwhile, at a side event in Davos called A Compass for Europe, that focused on how to restore the continent’s flagging competitiveness, AI was front-and-center. Christina Kosmowski, the CEO of LogicMonitor, told the assembled CEOs that to achieve AI success at scale, companies should take a “top down” approach, with the CEO and leadership identifying the highest value use cases and driving the whole organization to align around achieving them. Neeti Mehta Shukla, the cofounder and chief impact officer at Automation Anywhere, said it was critical to move beyond measuring automation’s impact only through the lens of labor savings. She gave specific customer examples where uplifting data quality, improving customer satisfaction, or moving more workers to new tasks, were better metrics than simply looking at cost per unit output. Finally, Lila Tretikov, head of AI strategy at NEA, said Europe has enough talent and funding to build world-beating AI companies—what it lacks is ambition and willingness to take big bets.

Later, I met with Bastian Nominacher, co-founder and co-CEO of process analytics software platform Celonis. He echoed some of these points, telling me that to achieve ROI with AI generally required three things: strong leadership commitment, the establishment of a center of excellence within the business (this led to an 8x higher return than for companies that didn’t do this!), and finally having enough live data connected to the AI platform.

For further AI insights from Davos, check out Fortune’s Eye on AI newsletter. Meanwhile, Fortune is hosting a number of events in Davos throughout the week. View that lineup here. And my colleagues will be providing more reporting from Davos to CEO Daily and fortune.com throughout the week.—Jeremy Kahn

Contact CEO Daily via Diane Brady at diane.brady@fortune.com

This is the web version of CEO Daily, a newsletter of must-read global insights from CEOs and industry leaders. Sign up to get it delivered free to your inbox.



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Stock market today: Dow futures tumble 400 points on Trump’s tariffs over Greenland, Nobel prize

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U.S. stock futures dropped late Monday after global equities sold off as President Donald Trump launches a trade war against NATO allies over his Greenland ambitions.

Futures tied to the Dow Jones industrial average sank 401 points, or 0.81%. S&P 500 futures were down 0.91%, and Nasdaq futures sank 1.13%. 

Markets in the U.S. were closed in observance of the Martin Luther King Jr. Day holiday. Earlier, the dollar dropped as the safe haven status of U.S. assets was in doubt, while stocks in Europe and Asia largely retreated.

On Saturday, Trump said Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland will be hit with a 10% tariff starting on Feb. 1 that will rise to 25% on June 1, until a “Deal is reached for the Complete and Total purchase of Greenland.”

The announcement came after those countries sent troops to Greenland last week, ostensibly for training purposes, at the request of Denmark. But late Sunday, a message from Trump to European officials emerged that linked his insistence on taking over Greenland to his failure to be award the Nobel Peace Prize.

The geopolitical impact of Trump’s new tariffs against Europe could jeopardize the trans-Atlantic alliance and threaten Ukraine’s defense against Russia.

But Wall Street analysts were more optimistic on the near-term risk to financial markets, seeing Trump’s move as a negotiating tactic meant to extract concessions.

Michael Brown, senior research strategist at Pepperstone, described the gambit as “escalate to de-escalate” and pointed out that the timing of his tariff announcement ahead of his appearance at the Davos World Economic Forum this week is likely not a coincidence.

“I’ll leave others to question the merits of that approach, and potential longer-run geopolitical fallout from it, but for markets such a scenario likely means some near-term choppiness as headline noise becomes deafening, before a relief rally in due course when another ‘TACO’ moment arrives,” he said in a note on Monday, referring to the “Trump always chickens out” trade.

Similarly, Jonas Goltermann, deputy chief markets economist at Capital Economics, also said “cooler heads will prevail” and downplayed the odds that markets are headed for a repeat of last year’s tariff chaos.

In a note Monday, he said investors have learned to be skeptical about all of Trump’s threats, adding that the U.S. economy remains healthy and markets retain key risk buffers.

“Given their deep economic and financial ties, both the US and Europe have the ability to impose significant pain on each other, but only at great cost to themselves,” Goltermann added. “As such, the more likely outcome, in our view, is that both sides recognize that a major escalation would be a lose-lose proposition, and that compromise eventually prevails. That would be in line with the pattern around most previous Trump-driven diplomatic dramas.”



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Goldman investment banking co-head Kim Posnett on the year ahead, from an IPO ‘mega-cycle’ to another big year for M&A to AI’s ‘horizontal disruption’

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Ahead of the World Economic Forum‘s Annual Meeting in Davos, Switzerland, Fortune connected with Goldman Sachs’ global co-head of investment banking, Kim Posnett, for her outlook on the most urgent issues in business as 2026 gathers steam.

A Fortune Most Powerful Woman, Posnett is one of the bank’s top dealmakers, also serving as vice chair of the Firmwide Client Franchise Committee and is a member of the Management Committee. She was previously the global head of the Technology, Media and Telecommunications, among several other executive roles, including Head of Investment Banking Services and OneGS. She talked to Fortune about how she sees the current business environment and the most significant developments in 2026, in terms of AI, the IPO market and M&A activity. Goldman has been the No. 1 M&A advisory globally for the last 20 years, including in 2025 — and Posnett has been one of the star contributors, advising companies including Amazon, Uber, eBay, Etsy, and X.

  • Heading into Davos, how would you describe the current environment?  

As the global business community converges at Davos, we are seeing powerful catalysts driving M&A and capital markets activity. The foundational drivers that accelerated business activity in the second half of 2025 have continued to improve and remain strong heading into 2026. A constructive macro backdrop — including AI serving as a growth catalyst across sectors and geographies — is fueling CEO and board confidence, and our clients are looking to drive strategic and financing activity focused on scale, growth and innovation. As AI moves from theoretical catalyst to an industrial driver, it is creating a new set of priorities for the boardroom that are top of mind for every client we serve heading into 2026.

  • What were the most significant AI developments in 2025, and what should we expect in 2026?

2025 was a breakout year for AI where we exited the era of AI experimentation and entered the era of AI industrialization. We witnessed major technical and structural breakthroughs across models, agents, infrastructure and governance. It was only a year ago, in January 2025, when DeepSeek launched its DeepSeek-R1 reasoning model challenging the “moats” of closed-source models by proving that world-class reasoning could be achieved with fully open-source models and radical cost efficiency. That same month, Stargate – a historic $500 billion public-private joint venture including OpenAI, SoftBank and Oracle – signaled the start of the “gigawatt era” of AI infrastructure. Just two months later in March 2025, xAI’s acquisition of X signaled a new strategy where social platforms could function as massive real-time data engines for model training. By year end, we saw massive, near-simultaneous escalation in model capabilities with the launches of OpenAI’s GPT-5.1 Pro, Google’s Gemini 3, and Anthropic’s Claude 4.5, all improving deep thinking and reasoning, pushing the boundaries of multimodality, and setting the standard for autonomous agentic workflows. 

In the enterprise, the conversation has matured from “What is AI?” just a few years ago to “How fast can we deploy?” We have moved past the pilot phase into a period of deep structural transformation. For companies around the world, AI is fundamentally reshaping how work gets done. AI is no longer just a feature; it is the foundation of a new kind of productivity and operating leverage. Forward-leaning companies are no longer just using AI for automation; they are building agentic workflows that act as a force multiplier for their most valuable asset: human capital. We are starting to see the first real, measurable returns on investment as firms move from ‘AI-assisted’ tasks to ‘AI-led’ processes, fundamentally shifting the cost and speed of execution across organizations. 

Of course, all this progress is not without regulatory and policy complexities. As AI reaches consumer, enterprise and sovereign scale, we are seeing a divergence in global policy that boards must navigate with care. In the United States, recent Executive Orders — such as the January 2025 ‘Removing Barriers’ order and the subsequent ‘Genesis Mission’ — have signaled a decisive shift toward prioritizing American AI dominance by rolling back prior reporting requirements and accelerating infrastructure buildouts. Contrast this with the European Union, where the EU AI Act is now in full effect, imposing strict guardrails on ‘high-risk’ systems and general-purpose models. Meanwhile, the UK has adopted a “pro-innovation” hybrid model: on the one hand, promoting “safety as a service”, while also investing billions into national compute and ‘AI Growth Zones’ to bridge the gap between innovation and public trust. For our clients, the challenge is no longer just regulatory compliance; it is strategic planning and arbitrage – deciding where to build, where to deploy, who to partner with, what to buy and how to maintain a global edge across a fragmented regulatory landscape.

As we enter 2026, the pace of innovation isn’t just accelerating; it is forcing a total rethink of business processes and capital allocation for every global enterprise. 

  • Given the expectation and anticipation for IPOs this year, what is your outlook for the market and how will it be characterized?

We are entering an IPO “mega-cycle” that we expect will be defined by unprecedented deal volume and IPO sizes. Unlike the dot-com wave of the late 1990s, which saw hundreds of small-cap listings, or even the 2020-2021 surge driven by a significant number of billion-dollar IPOs, this next IPO cycle will have greater volume and the largest deals the market has ever seen. It will be characterized by the public debut of institutionally mature titans, as well as totally disruptive, fast moving and capital consumptive innovators. Over the last decade, some companies have stayed private longer and raised unprecedented amounts of private capital, allowing a cohort of businesses to reach valuations and operational scale previously unseen in the private markets. We are no longer talking about “unicorns” — we are talking about global companies with the gravity and scale of Fortune 500 incumbents at the time they go public.  For investors, the reopening of the IPO window will enable an opportunity to invest in the most transformative and fastest growing companies in the world and a generational re-weighting of the public indices. 

In 2018, the five largest public tech companies were collectively valued at $3.3 trillion, led by Apple at ~$1 trillion. Today, the five largest public tech companies are valued at $18.3 trillion, more than five and half times larger.  Even more significant, the 10 largest private tech companies in 2018 were valued at $300 billion. Today, the 10 largest private tech companies are valued at $3 trillion, more than 10 times larger. These are iconic, generational companies with unprecedented private market caps some of which have unprecedented capital needs which should lead to an unprecedented IPO market. 

Each of these companies will have their own objectives on IPO timing, size and structure which will influence if, how and when they come to the market, but the potential across the board is significant. During the last IPO wave, Goldman Sachs was at the center of IPO innovation by leading the first direct listings and auction IPOs, and we expect more innovation with this upcoming wave. The current confluence of a constructive macro backdrop and groundbreaking technological advancements is doing more than just reopening the window; it is creating a generational opportunity for investors to participate in the companies that will define the next century of global business.

  • M&A activity exploded in 2025, are the markers there for another boom year?

As we enter 2026, the global M&A market has transitioned from a year of recovery ($5.1 trillion of M&A volume in 2025, up 44% YoY) to one that is bold and strategic. While the second half of 2025 was defined by a “thawing” — driven by a constructive regulatory environment, fed easing cycle and normalizing valuations — the year ahead will be defined by ambition. 

We have entered an era of broad, bold and ambitious strategic dealmaking: transformative, high-conviction transactions where industry leaders are no longer just consolidating for scale, but also moving aggressively to acquire the strategic assets, AI capabilities and digital infrastructure that will define the next decade. CEO and board confidence have reached a multi-year high, underpinned by the realization that in an AI-industrialized economy, standing still is the greatest risk of all. The quality and pace of strategic discussions that we are having with our clients signals that the world’s most influential companies — across sectors and regions — are ready to deploy their balance sheets and public currencies to redraw the competitive map. 

AI is no longer an isolated tech trend; it is a horizontal disrupter, broadening the appetite for strategic M&A across every sector of the economy. While the dialogue in boardrooms has moved from theoretical ‘AI pilots’ to large-scale capital deployment, the speed of technology is currently outpacing traditional governance frameworks. Boards and management teams are being asked to make multi-billion dollar, high-stakes decisions in a landscape where historical benchmarks often no longer apply. In this environment, M&A has become a tool for strategic leapfrogging — allowing companies to move both defensively to protect their core and offensively to secure the critical infrastructure and talent needed for non-linear growth. Success in 2026 will be defined by strategic conviction: the ability to turn this unprecedented complexity into a clear, actionable strategy and competitive advantage.

As AI continues to reshape corporate M&A strategy, we are also seeing financial sponsors return to the center of the M&A stage. Sponsor M&A activity accelerated sharply in 2025 — with M&A volumes surging over 50% as the bid-ask spread between buyers and sellers started to narrow, financing markets became more constructive and innovative deal structures enabled private equity firms to pursue larger, more complex transactions. With $1 trillion of global sponsor dry powder and over $4 trillion of unmonetized sponsor portfolio companies, the pressure for capital return to LPs has continued to escalate. Financial sponsors are entering 2026 with a dual-focus: executing take-privates and strategic carveouts to deploy fresh capital, while simultaneously utilizing reopened monetization paths – from IPOs to secondary sales to strategic sales — to satisfy demand for liquidity. With monetization paths reopening and valuation gaps narrowing, sponsors are entering 2026 with greater flexibility, reinforced by a healthier macroeconomic backdrop and improving liquidity conditions. 

This Q&A is based on an email conversation with Kim Posnett. This piece has been edited for length and clarity.



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