skysight-inc/HackerNews huggingface dataset:
That's a really rough valuation heuristic that can lead you very far askew.

A P/E of 30 is appropriate for a value stock (steady earnings) at 3% interest rates. (How did I get that figure? P/E of 30 is about a 3% earnings yield, and if earnings are steady the stock is effectively equivalent to a bond at that rate.)

For a growth stock, you have to ask yourself "How much growth do I believe is left in this market?" A company that's growing at 20% annually but has only a year left before it plateaus (like FB or NFLX last year) should trade at about a 20% premium; that'd imply a P/E of 35. But a company that's growing at 20% annually and has a decade of growth left (like FB at IPO) should trade at about 6x that original multiple, for a P/E of 180. An earnings yield of 0.17% implies a P/E of about 600, which implies that earnings should grow 20x before the company reaches a steady state. That's a little high but not totally out of the ballpark for Coinbase (earnings: $3B, market cap $21B) if you assume its comps are companies like Bank of America (earnings: $32B, market cap $293B) or J.P. Morgan Chase (earnings: $48B, market cap $363B).

Also note the effect of interest rates on valuation. At 10% rates, a value stock should have a P/E of about 10. For a growth stock, the effect is much more pronounced, because in the decade that it takes for the company to start raking in serious cash, that bond will be worth 2.6x as much and the company's long-term earnings need to be discounted accordingly, on top of the lower steady-state P/E. That's the real reason why tech growth stocks shot up so high after the pandemic and now have crashed so hard. With higher rates, large cash flows in the future are worth relatively less because you can earn more with safe investments now.
It doesn't, not really. It ultimately just creates an illusion of agreement due to faster transmission.
Can you give a brief background what "spatial" means in this context? I do not see a map, or projections. Is it pure spatial-"math" (e.g. geometries) etc.?
> Writing HTML back then is very similar to writing it now

Not at all. The author may have gotten some minor details off, but all of that was present on some level in various quantities. I worked on enterprise software back then and it was a matter of editing HTML in ASPX to manually update your JS libraries. It was also a matter of manually linking your HTML tags to thousands of lines of CSS in typically a single file. It was a gigantic pain in the ass to do on a large code base with hundreds of pages and it meant acting like a human compiler/package manager, carefully grepping through to make sure you didn't miss something when you upgraded JQuery to version 2 or that your CSS class rule didn't accidentally cascade changes to some non-related context and throw your div 16px off-center. It was mind-numbingly dull and extremely error-prone.

It was back then that I realized that despite the fact that some of our web code was written in server-side C#, it by no means could keep up with the need to make dynamic fluid interfaces on the client-side. The lines of code in JS had grown higher than the lines of C# over many years. And yet the tooling was still treating JS as if it were an animated cursor plug-in. It did not have first-class tooling just yet, and JS was missing some critical features (like native modules) that would make it better to work with. This is at least part of why JS was hated so much back then and there's still quite a bit of hate that lingers from that era. It was very frustrating to work with.

It got dramatically better over the next few years, but there was a lot of churn between Bower, yarn, npm, webpack, etc. Even Node.js I believe split off into io.js back then until it re-merged. AngularJS was originally adopted because it solved a lot of these problems for devs with a kitchen sink solution, but it did so in a proprietary, non-scalable way. The JS ecosystem eventually surpassed Angular's capabilities and now we're able to freely move between React, Angular, Vue, Solid, etc while still using the same tooling.

Centering divs was still surprisingly difficult in 2012. Flash was already on life support, for sure, by then, but Flash websites were still out in the wild. Everyone was waiting on HTML5, but it took a couple of years for IE to get retired, for Edge to get released and for Safari to catch up to much of the spec. IE was still a significant market share then. CoffeeScript was at its peak in popularity probably in 2012. The author got a lot very correct in this article. The gist of what they're saying, though, absolutely true.
I wonder why they don't seem to attempt to deconvolve the image.
"Perpetual motion machines" are fun, is the universe and possibly life itself a perpetual motion machine?
“There is an art to flying, or rather a knack. The knack lies in learning how to throw yourself at the ground and miss. ... Clearly, it is this second part, the missing, that presents the difficulties.”
Apologies to Douglas Adams
I wish they had a video demo or at least an image of one burning.
Because it's not what the VC's who run this site want the narrative to be and do everything they can to keep tech bros on their side.
If we want water as a species, we need to reforest the land.

[https://www.youtube.com/watch?v=kKL40aBg-7E - The Biotic Pump] [https://forestecosyst.springeropen.com/articles/10.1186/s406... - The enduring link between forest cover and rainfall: a historical perspective on science and policy discussions] [https://www.nationalgeographic.com/animals/article/amazon-lo... - Amazon Losing "Flying Rivers," Ability to Curb Warming]

Cows & dairy is the problem.

[1] https://ourworldindata.org/land-use-diets [2] https://ourworldindata.org/grapher/land-use-kcal-poore
The "Complex multi-clause function" is debatable.

The refactored example forces the caller to use the specific function for each struct type which can be good or bad depending on the goal of the code.

Also due to syntax colouring I find the "bad code" actually more readable.
I started pitching the Cloud TPU program in 2016. Many, many people have contributed since then to build the products that are available today.

Google is a large and complicated place, but we're getting closer to providing the magical interactive supercomputing experience we've wanted for a long time.

The deep learning landscape is evolving very rapidly, and there is a lot of interest in scaling up further, so the next few years will be exciting.
I'm always curious about how different teams have "solved" whiteboarding with distributed teams, as they are normally then not whiteboarding but using a collaborative diagramming tool which is much too restrictive.

The closest I've found is making sure everyone has a decent sized tablet and using Google Jam.
https://youtu.be/X7odcV25sHg
> There was also a lot of stuff where unemployment paid more than working so there were perverse incentives to not work and make more money. I had a family member who normally made about$2k/month. He got $600/week in unemployment so took a long time to go back while making an extra $500 per month. Stupidly, he bought a car with the extra money (but he’s been able to keep making the payments).

On an instinctive level I prefer hearing a story like this to the kind of story that would have been more common/worse without the very broad aid that was given, but perhaps this sort of event is quite damaging as well. I'm not sure it's possible, but it would be interesting to see attempts at quantifying the difference.

> Just having some cap that paid 80% of your salary in unemployment would have been super simple to implement.

There is nothing super simple about government unemployment insurance programs, especially in recent years. What about Uber drivers, per diem nurses, people whose employer was dependent on events in Wuhan so their pay was cut?

Even if there are easy answers to these questions, UI is administered by the states so there are going to be more than 50 versions of each answer.
What indicators are you enjoying right now?
You could play it for real any night in WSM :)

Plus, if the tide was way out you could take your stolen motor down on the sands for some donuts. Not that I'd know anything about that....
Assuming an algorithmic stable coin could work reliably, wouldn’t it be strictly better than a stable coin backed by fiat? Getting it to work seems like it would be a real innovation.
Why is their name and logo so similar to the old TP-LINK logo? Are the companies related?
> This is precisely why I asked for an example of reputable reporting from the right.

Of course it exist, if the standard to compare with is Washington Post.

Here are some examples: Reason, WSJ, National Review and The Spectator all have the same Media Bias/Fact Check [1] rating as the Post. (or better)

> The Pulitzer board's bias (or lack of)

Let's agree (or disagree) on the facts instead of going on with the hypotheticals. Were you able to find a single right-winger on the board?

> validated by other reporters

Which again, are mostly liberals. We live in an era dominated by liberals, so we should be really skeptical about assertions like "truth has a liberal bias".

[1]: https://mediabiasfactcheck.com/
Is Open Source Free? – A Guide to Total Cost of Ownership of Open-Source
I'm working through a new codebase with a lot of code jumping and it can be tough to get an immediate picture of all the effects of a module. In my head, I am sort of copy-pasting code from one module to another to get the full picture.

Sometimes I wish editors had a feature to render an inline view when requested, however that is probably a close-to-impossible feature to add.
Thanks for sharing, this makes a lot of sense, it looks like peloton has another win in the interior department but clearly less of a moat in the hardware department.

I think you’re more of a power user (and willing to tolerate set up pain) than most of the customer base would be, but how easily you’ve found a solution and competitor that works well with your method has been eye opening
I've worked on an 'eventually consistent' system with read/write SQLite dbs on each host with a background worker that replayed the log into a central source of truth db and workers that made updates across each host instance of SQLite.

It could have been made a lot faster, I think the replication sla for the service was 10 minutes usually done in seconds. But our specific workflow only progressed in one direction, so replaying a step wasn't a huge issue now and again though that was quite rare. If you were to put a little more effort than we did into replication layer and tuning your master db, it could be a really effective setup.

One of the best parts is that when instances are stopped or isolated, they were also almost isolated from everything that used the service so if you go into a black box with your clients, you work as normal and when connection or other hosts are brought back up they replay the db before accepting connections. We could take entire availability zones offline and the workers and clients would keep humming and update neighbors later.
Then you have two solutions: apply for ML positions or learn a tech stack needed for other type of position. It shouldn't take more than a few months to learn .NET, Java, Python + frameworks and libraries up to the level needed to be a junior developer.

If you need help identifying a type of position and a learning path to put you on track towards a developer job, taking into consideration what you already know and are comfortable with and also the market, I can help with that.
Strange that you pick a minuscule—nay, pissant—cost, when you could point to other waste that is literally millions of orders of magnitude greater. The BS consulting fee cost you perhaps a hundred-thousandth of a penny. The unnecessary war in Iraq cost you tens of thousands of dollars. Billions in subsidies to oil companies that are earning record-breaking profits is costing you hundreds of dollars.

Don’t let clickbait distract you from the real pain.
> it is already as easy as it needs to be

Maybe it's just because I haven't sat down and spent a few days learning it front-to-back, but I hate CSS. It might as well be GridBagLayout. Just the alignment of elements is magical (or not) and feels like it relies on the way the wind is blowing when you write the code.

For example, something as simple as 'justify-content' in a grid is (from my limited experience) dependent on everything around it. Change something that seems unrelated and all of a sudden your justification breaks and you have to figure out what side effect caused it. Heck, typing 'align' into WebStorm shows me a bazillion possible completions. Why are there 50 different ways to align things in CSS?
I guess I am in minority here now but... Embedding an SQL database in the application is really missing the point of having RDBMS. The goal of RDBMS is not merely to persist application data but to _share_ data between different applications.

And while current trend is to implement sharing by applications I expect this to change in the future as it is much more economical to use RDBMS to share data.
Malboge, right?
Scientists Discover Unexplained Abundance of Rare Nuclear Fusion Fuel on Earth
5.76
imagine Rust is being introduced as the first language to teach students.....

Nothing is wrong with that
Teams gets really confusing with its channel based "click here to start a new thread which will bury all other existing conversations".

Not sure why, but I find it to be the worst way of communicating anything.
That bit was fabulous because video games were a total "boys" thing back then. I worked at a studio like DMA and the only two women who worked there were the receptionist and the office manager.

Smartphones made video gaming acceptable for girls. There has been a wholesale change in the gender breakdown of gamers in just the last 10 years, which is awesome to me.
Some relevant quotes from the guidelines:

> Please don't sneer, including at the rest of the community.

> Comments should get more thoughtful and substantive, not less, as a topic gets more divisive.

> Avoid unrelated controversies and generic tangents.

What you've done is complain about some general stuff that you seem to dislike about "the left" and completely fail to engage with the content of the actual article, which I was trying to bring the discussion back to. But hey, at least you acknowledge ignorance about what most people think. Perhaps you should try exiting your bubble and figure that one out instead of dwelling on what you hate about the fringe.
You could, but then where would you make money from? Why would you run a stable coin and all involved risk of actually holding either real money or handle your tokens. And why would I choose a stable coin that only has fees over real money?
Tether scam can and will go down, when is the billion dollar question.
By making the initial TOTP secret different for everyone.
Thanks, Frank! You personally helped more Cloud TPU and TRC users than I can count, and you always came through something needed to get done and fast. I really appreciated it!
I believe it was ~13 years before the nasdaq reached the same level as the peak of the dot com bubble. I also find it odd to use the peak as the primary reference point. It was a brief moment in time. For example, if you had invested in the nasdaq in Feb 99 or Nov 2001, instead of Nov 99, it recovered in 7 years. If you started in Aug 98 it recovered in ~5 years. There was rough a window of a year where it would have been really bad to invest, but that is why everyone recommends dollar-cost-averaging (https://www.investopedia.com/terms/d/dollarcostaveraging.asp) instead of investing a ton all at once.
"Crypto-Soros" is an excellent reference; I believe some of the Pound's fundamental weakness stemmed from a period of high inflation and low interest rates.
You're doing God's work. I do the same with old magazines.
Tell that to Levi's, Wells Fargo, American Express, Armour Meatpacking, Studebaker motors, Ghirardelli chocolates, and Mark Twain, all of which got their start in the California gold rush.
> We were supposed to have flying cars, and instead we pay people 3-5x salary of the average worker to make a screen display some text and pictures. But it's fancy text. It requires codes.

Are you aware of what magazine editors and newspaper editors/writers used to make in the heyday of print media (can probably add TV and radio too since the web has eaten that as well)? This is a ridiculous trope.

Flying cars turn out to be limited by laws of physics in a cost effective way and it also turns out that communication, storytelling, software services that automate processes (such as HR, sales pipelines, etc), search, etc are hugely valuable to humanity.
Yeah I don't disagree with you there (I don't own one)

A bit more of my very basic reasoning was that at current prices the company was being as if it hadn't shown progress at all in the last ~2 years. They have at least sold units, added subscribers, and that's gotta be worth something even if a bunch of it is pulled forward.

Actually for a SaaS service (we'll leave aside whether it's worth it or not :), this is one of the best things that could happen right? If possible you want that LTV to be pulled forward so you can try to reinvest it in the business or make moves earlier rather than later?
> I have to ask, how is it "logically inconsistent" to believe in scientists?

I said sciencism is logically inconsistent.

Sciencism pretends to the fact-finding authority of science while abandoning the scientific method. That’s the inconsistency.

If you want to promote a faith-based belief in scientists, or even even an enforced orthodoxy based on the same, that’s not internally inconsistent, but it’s also not a scientific belief system, and it’s subject to the same flaws (and prone to the same systemic abuses) of any faith-based belief system and orthodoxy.

If you want to further argue the value or validity of your faith-based orthodoxy with someone, then — again — you should find someone else.
Any benchmarks comparing this to regular Nvidia gpus?
It's not ignited, this is how airplane oxygen systems work. A phosphorus match provides the activation energy (as heat), which causes the decomposition of Sodium Chlorate (NaClO3) to Sodium Chloride (NaCl, table salt) and free oxygens. The oxygens combine to form atmospheric oxygen (O2).
I don't want to play 'guess what this means' when I read comments here. I'm too old to waste time figuring out if someone is talking about an eggplant or a phallus, etc.

Let other sites cater to people who want to post memes and emojis. I doubt their lack irritates people who like them nearly as much as their presence irritates people who do not.
Why don't you have to demonstrate that your device works to be granted patents, that the it actually does what you claim it does? (I know that's not how the patent system works; I'm asking if anyone knows what the reasons are for why it is the way it is.)
Average human: breathes approximately 7 liters per minute of air, give or take @ 21% oxygen. Maybe 22L of oxygen under normal respiratory demand. More if under stress of course.

At 100% oxygen that’s 105L of O2? So guesstimating almost 100% O2?

Source: am paramedic, not doctor or respiratory therapist.
> This brings up the hairy issue that all education should not be focused on eventual income generation.

Why would anyone in the middle or lower income class spend money on a college degree that was not geared toward increasing their income?

There is a reason that journalism graduates predominantly come from wealthy families.
I really like what Do Kwon is creating, the whole Terra project is amazing. I hope he doesn't get killed by the US criminal law system.
The music has already stopped.
What's your definition of a good company? If people could reliably predict which companies are and will remain good then they will be very rich. Most of us can only know in hindsight for the most part. This is why virtually no one picking individual stocks beat the S&P 500 index over the long run.
> bought at $390 I'm fairly sure. I don't regret a thing.

Which is the point. Gambling isn’t bad per se. People enjoy it. But the system should reallocate from those buying AMC at 390 to those who aren’t.(Full disclosure: I got talked into buying some Wish. So you’re in company, albeit a regrettable one.
We adopted Slack and I hate it but use daily. What I find so frustrating with Slack is that it's

1. Super terrible at threading. Threads are clearly discouraged and don't nest. This appears to be by design, but even Usenet handled threading better.

2. Slack is an information wastebasket - at least in my experience it's really hard to find information once there's a significant traffic in a deployment.

3. Too Much Notification! I have to mute channels that has a high rate of addressing the channel.

However there's no denying that it's popular. Seems like every place I go is using Slack. At least slack allows me to edit my typos.
Usually I have no problem understanding a text in English, but this one is hard to get the sense of even in the third attempt. What is it about (or maybe context) and why is it on HN? I’m not trying to gatekeep here, just curious.
I live in Chicago and signed up to the Chicago Public Library last year for a "virtual library card" and they didn't do anything to authenticate my location or existence. Just throwing that out there...
That sounds like fun. If the price stays lower than that level, I wonder will they get sued for losses beyond that point?
So in other words, banks reinvest in the next hot thing hoping to make a buck?

Seems analogous to what u say about crypto investing in the next hot new 'coin', which very well is just a proxy to people trying to build something of value.
Breathed air is diluted right, to some lower % of oxygen content, but it needs to be in the calculation.
I’m currently reading your book after the post. It’s well-written, I’m learning a lot, thanks.
Relevent xkcd: https://xkcd.com/303/
It's different with Google products. Every new iteration of Hangouts/Chat (or whatever it's called this week) is a bit more "unsolved" than what they're killing to introduce it.

It's less boring when your tools are getting shittier over time.
Curious what is the difficulty with GKE integration? From afar, it seems like the flavor of VM shouldn’t impact ability to run K8s.
> As a rule of thumb, the more open source you use, the more time you need to put all the content together. The initial development of this UI in a software product takes between 5 to 10 developer days based on two backlog refinement meetings I’ve been part of. I would estimate the maintenance of the content to take one developer day per year.

For a thing that shows the licenses you need 5-10 days? Weird estimation.

Add a item to a popover menu called "Licenses", make it open a window with textview in it or a listview of expanders for each component, done. Maybe two hours at worst

> You need to make the source code available either with the product or separately, which means you need to manage a repository where people can inspect and download the open-source code, depending on the open-source license sometimes even your own code. It would be best to create a workflow allowing people to request the open-source software, create and maintain a software repository where the relevant source code is available, and assign somebody responsible for this. [...] The development of the corresponding UI takes some 2 to 3 developer days.

The GPL does not require you to host it as a git repo, so a simple "Download"-Button should be ok, so it would only require adding a button to the website and uploading the file to a server, maybe adding a direct link to this file somewhere in your application. This shouldn't take more than 30 minutes