Neal Freiman

Now, he is a psychologist at NYU.

And in 2024, he released this book called The Anxious Generation, which proposed a ban on smartphones in schools and on social media for kids under the age of 16.

The wife of the South Australian premier was reading this book and telling her husband,

Yo, you gotta do something about this.

I'm reading about all these problems, according to Haight, that social media is inflicting on young people.

And he was the guy, this premier, that introduced the bill in Australia that eventually they became the first country to ban social media for kids.

under 16.

Now that blueprint is being adopted by France, by England, by Denmark, by all these countries around the world, not only banning social media for kids under 16, but also to take phones out of schools, which this France bill does as well.

So really, these ideas are what sparked a global moment here.

Companies are absolutely on the back foot.

Meta, TikTok, Snap and YouTube are the ones that were sued in this particular case.

But so this is the first case that will go to trial over personal injury related to social media addiction.

But there are 3000 lawsuits waiting in the wing in California alone and another 2000 are pending in federal court.

So this is going to be a landmark trial.

It's a new era for social media companies defending their algorithms and how this case goes, how the jury rules in this particular case will have a widespread impact on those thousands of cases that are pending.

Yeah, the companies are absolutely going to cite those papers, and they're also going to say that over the past decade, we've spent billions of dollars putting safety features in our social media platforms to protect kids.

We'll see what a jury finds, but it is absolutely a bellwether trial.

Moving on, the only thing climbing higher than Alex Honnold is gold.

Yesterday, the precious metal surged above $5,100 a troy ounce, just three months after it hit $4,000, a level most thought was unthinkable a few years ago.

And then there's silver, whose prices are going haywire.