skysight-inc/HackerNews huggingface dataset:
7% on a bond is very good. 7.2% doubles every 10 years. For those of us getting older with lots of stock assets, we (conservative investors) want to transition to something safe so that smash-and-grab market fluctuation don't make us lose our money in retirement. Tiered bonds are something safe to do when you hit your mid 50's once the "thrill" of investing in what are today called "meme" stocks ("penny stocks" in the 80's/90's) has passed.

EDIT: S1 bonds apparently aren't fixed forever. Thanks Purple_ferret points out that part of the rate changes, as it is based on a fixed rate and the inflation rate. This is why I have an RIA to filter all my decisions.

From the web:

"Inflation rate

Unlike the fixed rate which does not change for the life of the bond, the inflation rate can and usually does change every six months.

We set the inflation rate every six months (on the first business day of May and on the first business day of November), based on changes in the non-seasonally adjusted Consumer Price Index for all Urban Consumers (CPI-U) for all items, including food and energy.

However, the change is applied to your bond every six months from the bond's issue date. (The dates for these changes might not be May 1 and November 1.) When does my bond change rates?
"
Yeah, it's not designed for mobile (if you can call "let's build a treemap of life" a design). Even on large 4k screen some entries won't fit text.

The reloading is a hack not to have to learn d3 chart reflowing. And a dirty one at that.
I Bonds are inflation protected bonds, so the context here is that the high yield on these bonds reinforces the reality that inflation (whether temporary or long-term) is here.
Leaving is the professional thing to do.
I bonds in particular cannot be cashed out before 12 months, and before 5 years there is a penalty. Bonds are not covered by FDIC insurance and can default (though less relevant for US Treasury bonds which can print USD and more relevant for corporate/foreign bonds).
I totally get it.

It's kind of like climate change, there's only so far that individual responsibility goes.

If you want to make a proper difference there would need to be a huge amount of legislation, and regulation. That doesn't stop people making choices about what fuel powers their car, or whether or not to recycle.
100B+..

Stocks usually trade multiples of their net worth and revenue and this is especially high for tech companies.

Also I cant imagine a more accurate index to put in your portfolio for tech startup exposure and when you consider the number of people who want exposure but is not accredited, its not a stretch to see a 100B+ market cap.

Not to mention the hype, prestige and track record of YC. Basically every investor attends demo day has a pretty good reason to buy some YC.
New sci-fi and fantasy books to check out this November
its a fraud if we dont for for the orange israelite Drumph
Typical inflation protected bonds pay maybe half this? Because, well, inflation was low.

Now that inflation is higher, returns are higher.
When it comes to voter ID, the devil is in the details. I'm a poll worker in Virginia and think our ID laws are pretty fair. We accept driver's licenses and passports, sure, but we also take employer photo ID, any current Virginia school ID, and even old Virginia driver's licenses up to a year after expiration. If a state gives affordances like these to make it easy for people to fulfill the ID requirement, I don't see what the problem is.

And I don't think fraud is a particularly good reason to be for voter ID. The ID requirement seems to speed the line along. We don't need people to spell out their names, especially for non-native English speakers with uncommon or foreign names. The security argument for voter ID strikes me as bogus, but it has a place for efficiency and accessibility.
I have no proof, just like you have no proof. I was talking about a possible state conspiracy, with the university being complicit in this particular case. Just because the university allowed it before doesn’t mean that the state hasn’t abused it’s power here, and that the university is too afraid to stand up to it.
Modern neural networks are probably more complicated than the Linux kernel
BSDs lost mindshare due to AT&T's litigation about the intellectual property of Unix.

https://en.wikipedia.org/wiki/UNIX_System_Laboratories,_Inc.....

Linux filled in the gap left by the litigation.

I don't know how "cathedral-like" the development of the BSDs is / was (vs. the "bazaar" of Linux.)
https://en.wikipedia.org/wiki/The_Cathedral_and_the_Bazaar may have some relevance.
I'm happy that FB is spending their money on this. It's an endless money pit that most likely will fizz out than prove revolutionary.

People won't pop in and out their Oculus to use the metaverse. A lot of people won't even be able to use it (motion sickness, etc). Contrast this with every other mobile. It's not a media that significantly adds an advantage to communication (see how 3D cinema died again)

The challenges the article pose are also interesting. Unlimited users? "Always on/fully stateful/etc" again, seems like a giant money pit and a Sisyphean task. For what? Second Life 2.0 with VR googles?

Compared to that, Elon's proposal of solving world hunger with 6Bi dollars seems outright doable.

And it seems Mark is more worried in "proving something" and has turned the hubris knob to 11
They may be obvious to you, but you'd be surprised at how many people out there are doing stuff without optimistic concurrency control, locking or transactions. I mean Mongo only added transactions for updating multiple documents relatively recently. Plus from what I remember they originally missed out the "D" due to only writing to disk intermittently.
I would love to see journal editors transition into more of a "curatorial" role. Journals as publishing outlets don't need to exist anymore. The arXiv and other preprint services (e.g., Open Science Framework) have solved the online publishing part of the equation. But you're right -- when anyone can publish anything, the bar gets really low, really fast. Journals could still play a valuable role as curators, by (a) providing peer review, and (b) creating curated lists of arXiv/OSF papers that meet their standards and interests. I really feel like what's missing are the second-layer solutions on top of arXiv that help to sift through the massive amounts of information -- that can include recommendation algorithms, but it could also include the experts that currently serve as editors for major journals. We don't need to cut out journals, we need to cut out the for-profit publishers.
Pretty much any app using bog standard winforms seems to suffer.
Does Linux also happen to control a major piece of hardware pretty much everyone uses, and used it to force BSD to adopt some new driver system they wanted to prioritize, which ended up being completely different by the time the dust had settled, and held back other important advancements in the meantime?

That is, it all depends on the full context. Competition is fine, but not anti-competitive behaviour. I maintain that we have had too much of the latter from Google, and that it is only increasing as folks intentionally look the other way and try to boil arguments away to mere deflections and other apologia.
He also said “build something small for a small audience” and that applies to the start of all the companies you mentioned. Even Google. Back then, the internet was small, and enthousiasts a small group (relative to the global population).
When you go to pull your money out and move it to somewhere offering a better deal.
You're talking about a niche within a niche employment-wise. I've worked dozens of jobs with great pay and benefits and I've never signed a single NDA. When I hear people sounding trapped like you, it makes me want to tell them about this amazing world outside VC-land Bay Area insanity.
Billionaires are wasting money on crap like Metaverse, which is slowly bringing down the society.

Would be great if they started investing in real world endeavors, such as fixing supply chain issues and improving manufacturing automation, so people in 3rd world countries will stop losing limbs while they're making us plastic crap we don't need.

We have behemoths paying bored (and mostly redundant) engineers to work on ads and meta-verses.

If they gave us engineers fun & real world problems to work on, our productivity would be significantly higher, and we would waste less time on things like HN.

I bet a team of 5 engineers working on a passion project would be 100x more productive than 500 engineers working on Meta.

But for now - we will continue collecting our paychecks to do dumb stuff while we're watching the world burn.
What? This isn’t correct, bonds have higher yields than CDs.
Inflation hawks are very excited that their stopped clock is finally on time.
New hobby: find a blog's definition of metaverse and find an existing application that fulfills it

In this case, I claim Discord does the job for most of the bullets except interoperability.

Discord is live and persistent. Many Discord servers are digital copies of meatspace orgs (e.g. schools, clubs, friend circles, interests, etc). I don't think paid Discord servers have a user cap (not sure). There are servers for buying / selling / trading, if that counts for functioning economy. Tons of user generated content, especially in the form of bots. Interoperability is the only lacking bullet, although it's not particularly clear what this even means (is the invention of a metaverse supposed to make Fortnite and Minecraft skins interoperable, when those games are outside the metaverse?)
Not via naming right. It’s garish, feels dystopian, and leads to misplaced incentives, where the building of projects of cultural benefit is affected by how useful their naming rights are for advertisers. Should we also try to auction off names for other large public projects? Dams? Power plants? Schools? Highways?

If we want the rich to finance large projects of cultural benefit, the appropriate mechanism for doing so is via taxation.
Why does being a public person imply that you can continue being a public person no matter what happens?

Maybe the whole idea of going into politics should be exactly the same as with many hyper-competitive finance firms. You fail only once, then you’re out.

This is the price you pay for being a leader.
ShadowStats writes for a specific audience: people who distrust official statistics in general, and inflation statistics in particular. As you can see in this thread (and likely also by talking to most people you know personally), this is a sizable group, so it's likely a pretty good, sustainable business, just like health/diet fads or self-help books. The story does fall apart under scrutiny, but the susceptible audience is replenished faster than the claims can be debunked.

Amusingly, highly educated people who are disdainful of anti-vaxers or Gwyneth Paltrow quackery can easily believe that inflation is an order of magnitude higher than officially reported, or that they the evil/incompetent bureaucrats leave out food, shelter, healthcare and/or energy costs from the calculation or some such.

As an academic economist turned machine learning/SWE, I'd say there are plenty of knowledgeable people around on HN, but on matters of economics and health, the signal-to-noise is definitely much lower than on anything related to computers.
Yes, and that's why templates are also often criticised as a poor design.
Learn Code with Marvel
Might be good to take a closer look at history.

#GOOGLE

Google started as a research project called BackRub. It only turned into Google and a mission after it started taking too much bandwidth on Stanford's servers

Source: https://inshorts.com/en/news/google-began-as-a-research-proj...

#AIRBNB

Airbnb began just so that the founders could make some extra money to pay rent. Not to disrupt an industry.

Source: https://www.businessinsider.com/how-airbnb-was-founded-a-vis...

#STRIPE

Stripe was just a small project so the founders could simplify getting paid for their other side projects.

Source: https://www.startupgrind.com/blog/the-collison-brothers-and-...
I Achieved My Goal of 6000 Views on YouTube:)
I don't get it, in the sense that, I don't get why I'd ever want to put on a VR helmet and go into the metaverse.

I've had plenty of electronic 3D experiences since Wolfenstein 3D. The technology to approximate a "metaverse" has been around for quite a few decades. There was even a "VR" version of HTML that flopped. (VRML, I think?). Second life was a great approximation of the metaverse, but it never really became a killer app.

Even when I've tried immersive VR, it's just not practical in a typical home. It requires a lot of open space with no clutter, and careful calibration. I smacked my arm into a physical wall because a sensor was miscalibrated by a few inches. A large, uncluttered open space for VR is a luxury that only people with large, empty homes have.

I don't think computers need to emulate the physical world in order to provide good communications or online experiences, nor do I think we need good VR for an online experience.
Down 3% since opening. Roblox still has not recovered. Might be a free fall if they have not recovered by mid week.
Jihadist attackers have a new target in Mali: telecom towers
For those of us who were confused (like me), this is not a treasury bond, but a real return bond. It pays interest based on a posted rate, plus additional interest to cover inflation for a period. The inflation rate will change twice a year based on inflation.
> Restricting ourselves to ASCII again and thus forcing English on everybody is not a solution.

Yet most programming languages force them to use English Arabic numbers.

Wouldn’t it be great to use Roman numerals?

And then images in source code are really difficult to handle. Wouldn’t it be nice to compile a word document with embedded images?

I think I wouldn’t mind staying with ASCII for source code, except for string literals (difficult enough).
> 0 bullshit and no internal political games

That's worth 20% for sure
There are counterexamples, sometimes the road to success is to bite the bullet and spend heavily. IBM spent five billion dollars to develop the IBM System/360 line, back when a billion was serious money. Neither Airbus nor Boeing would be where they are today without investing big sums up front. Making AAA games these days basically requires it, Google Stadia is floundering because Google shied away from putting enough money into their game studio to be competitive.
The technology isn't quite there yet. I don't think it's fair to use it as a litmus test for the greater metaverse and the advantages it creates.
Not responding; has HN DDOSed the US treasury?

Explainer from a different page: https://www.investopedia.com/best-savings-bonds-5196440 which had the rate of 3.54% as of August. Presumably it's shot up due to inflation estimates. In which case you should probably buy some immediately if you have spare cash and want a risk-free return and meet the other criteria.

I used to have the UK equivalent until the particular product was phased out, but it appears that a newer version is available.
I think you are correct here that this is a more a economic move than national security. The truth is Huawei networks switches and routers are equal to if not are better than equivalent Cisco devices. Cisco just cannot compete at this price point IMO.
It proves nothing of the sort. The method they use to calculate the current rate is simple and immediate.

Furthermore, because these are the direct rates (e.g. for new bonds purchased from US government offerings), they're whatever the US government decides (in this case, CPI calculated).

What you're probably confusing is post-issue market bond rates, which would be indicative of the market's opinion of future inflation.

> We set the inflation rate every six months (on the first business day of May and on the first business day of November), based on changes in the non-seasonally adjusted Consumer Price Index for all Urban Consumers (CPI-U) for all items, including food and energy.
I think one of the sentiments very prevalent in the comments but not explicitly pointed out is that a lot of people agree that dog ownership is not the problem, but that irresponsible dog ownership is the problem. If, then, that is the case, why do we make it incredibly easy as a society to walk down to the store and obtain one? Wouldn't better regulations around dog ownership, breeding and sale be a good first step towards resolving some of these ethical qualms?
These are zoning and policy issues, not tax or incentive issues.
Holding cash during inflationary periods doesn’t fight inflation. Your dollar becomes less valuable.
I don't think displayplacer is intended to create a virtual display, it seems to be a CLI to manipulate display modes and mirroring for existing display so these seem to be two different things entirely. I might be wrong of course.
> why that methodology is incorrect

A lot of people take issue with hedonic adjustments, substitution threshold, etc - but the specific methdology used is far less important than the fact that they're simply lying about the data.

For one example, the obvious elephant in the room is the shelter category. In the last year, rents are up 12%[1], and home prices have soared nearly 20%[2]

Yet, from your own source, the BLS is claiming 3.2% for the shelter category.

It's not so much that the methodology is wrong (although that argument could be made as well), but that they're flat out lying.

And then you have to contend with the Gell-Mann amnesia effect: if they're lying to your face about the shelter category, what makes you think the data in any of the other categories, for which you have less third party data to corroborate, are not also completely fabricated?

[1] https://www.apartmentlist.com/research/national-rent-data
[2] https://fred.stlouisfed.org/series/CSUSHPISA
I think you might be getting to the core of the reason these replies have gotten so crazy. Measures like CPI are meant to estimate the expenses of a typical middle-class family. HN is full of people who fancy themselves typical middle-class, but in fact are not.

So higher inflation in premium goods is seen as a crisis. Notwithstanding how fast we'd cook the planet if everyone demanded ribeye every week...
Yay! After 18 hours and 33 votes, I finally got one.
What stops you selling them to someone else?
Really? You were saying that the public university is subject to 1st amendment restrictions in this instance, that case says it could be otherwise.

From the note: "In a 5-to-4 decision authored by Justice Anthony Kennedy, the Supreme Court held that speech by a public official is only protected if it is engaged in as a private citizen, not if it is expressed as part of the official's public duties."
Maybe Facebook needs to find a company like Skype to buy for $8.5B
Proof of what? I didn't make any claim that can actually be proven.

My point is that the Smith in the article has been denied per UF's process, and has been approved twice by the same process to testify against the state.

There's no evidence of a conspiracy. There's no systematic approval or denial.
I played Planetside quite a bit when it came out in 2003. It supported FPS battles with hundreds of people participating. If this kind of scale was the most important thing for shooters then the subsequent trend would have been to increase that scale, but that's not what happened.

My assumption is that games optimize for fun, and scale isn't necessarily fun. Soccer (football) permits 11 players per side on the field at any one time. Why not make it 25? Why not make it 100?! Wouldn't that be more fun? Presumably not.
Tell HN: Solve your own problem with tech
Easiest way to get your first user!
There's always been a 'you're going to die from X' thing going on. the 80s have nukes and the cold war. Later you had aids, then terrorists and 9/11, now it's climate change. Climate change is actually a bit dire, and will actually affect everyone. So not complete hyperbole at least.
It is a treasury bond, in that it's issued by the US treasury and therefore has the risk-free property. It just pays more than the open market rate for t-bills because it's a special product to subsidise individual savers.
7% is likely a negative real rate at the moment.
1) 0.024%

2) 100% of what?
> why do they get public money at all?

Because we still believe there to be a societal benefit to an educated populace.
Beginners tend to obsess about the precise definitions of terms. Possibly because a lot of teaching is about learning definitions (because it is easy to test) or perhaps because in subject like math the definition really is the meaning.
See here: https://www.treasurydirect.gov/indiv/research/indepth/ibonds...
It's literally the only thing people are likely to put on their CV that's a possible indicator the person in question might not actually be a good fit for certain positions. Of course it's their business to ask.

There are perfectly good answers (which can include "it was a six month contract", although that stuff can be checked...) and there are even answers with the right amount of objectivity/detail which give the impression the reason why the employee left or wants to leave makes them a particularly good fit for this new job, but there's also a good chance the employee's answer raises red flags about their attitude/ability/expectations that they wouldn't give off in response to other questions.
Bonds are not guaranteed like CDs. Bonds can fail. You could lose your investment. Even though they are a lot more safer than stocks, but they are still a risky investment compared to CDs.
Oh, to be clear, the account is empty. I pulled out long ago. Traditional finance is dead to me. But your comment is great. You're spot on.
To answer the question posed by the title: Because the company vests all its decision-making power in one person, he has no oversight except from wacky SV VC, he is not someone with much business experience let alone life experience. Thus he can make crazy, immature decisions and no one can interfere. He is surrounded by yes-men and yes-women and other yes-people.

Someone submitted a keynote from John Carmack earlier today. He had a term for the type of developers who will likely work on building "The Metaverse". Astronaut architects or some such. He thinks they are lost in abstractions and fail to understand how things actually work. Don't take my word for it, go watch the video.

Also seems like Carmack is not too keen on the idea of strategically planned obsolescence. A programmer with both common sense and a conscience. Surprising he got mixed up with Facebook.
For quite a long time now money has been cheap and there has been a lack of investments with good returns; i.e. you could get very safe investments at 1% return or less. 7% is a relatively huge yield for safe bonds (the standard US treasury 12month security rate seems to be 0.12% now, much lower), so it seems a bit surprising.
Or just the kind of tone like you’re giving them a wet tissue.
CO2 levels are not the only factor that is beneficial to plant growth, you also need sunlight and water, and nutrients, and other things, it's hard to predict what regions of the Earth will have favorable conditions in the future and if crops will profit or not from this.
This is less newsworthy when you find out the government basically gifted telco's 2bn USD to do this.

https://www.zdnet.com/article/fcc-details-1-9-billion-progra...
The fact a broad idea has been tried before without success doesn't mean it can't be successful.

There were smartphones before the iPhone - like the Nokia Communicator, Compaq iPaq and Palm Treo. They were a niche product - not the market-defining success the iPhone was.
I’m not sure of that the rate is adjusted twice a year. Inflation was high in the previous 6 months so the rate is higher.

We will know in another 6 months.