skysight-inc/HackerNews huggingface dataset:
No matter what you think of the privacy aspects, I worry that we've decided to build the entire modern tech universe around the mother of all bubbles. All manner of bad business decisions seem to be running with the assumption that back-end ad/targeting/etc. revenue will eventually patch the hole in the sides of their business model.

Here's my theory for the bubble factor:

You can sort of divide the ad market into four quadrants.

1) Premium advertiser, premium content. Coke and Toyota paying to be on the front page of the New York Times etc.
2) Premium advertiser, low-grade content. A lot of this is remarketing, where that damned fridge you looked at once six months ago follows you across the web.

3) Low-grade advertiser, premium content. This is likely the rarest quadrant, as it's too expensive for amateurs to play in.
4) Low-grade advertiser and content. Think of the chumboxes at the bottom of news sites.

I feel like Quadrant 1 and 2 are surprisingly at risk.

Premium advertisers have experts running their campaigns and analytics up the wazoo. Eventually they're going to ask "Is it worth paying Google/Meta/etc. NN% of the total spend when we could probably call top-50 publishers directly and arrange a deal? They may also be more brand-sensitive, worried about blowback from inappropriate ad placement in Quadrant 2.

There is a real risk that the "better" sections of the ad market eventually graduate away from brokered networks, and eventually Google and Meta are left as a glorified Taboola. Is there a lot of money in there? Possibly, but I wonder how sustainable the money is. I suspect a lot of revenue from small advertisers is due to very poor inefficiency (bad campaign design, poorly managed spend, dark pattern tooling), and it runs a risk of death-spiraling as the quality of the network tanks.

Facebook is an interesting monetization problem because the product is so intensely based on network effects. A strategy to maximize ad revenue may end up coming at the cost of some user abandonment, which is the ultimate risk for their platform. They need to thread the needle of "how creepy can we be without making people leave."
Yeah and most people who work in crypto do not work at FTX
I wonder if any of the politicians who took his crypto money are going to give any of it back. Looks like a few are, but some are remaining silent:

https://www.msn.com/en-us/news/politics/democrats-took-his-s...
It’s more than 100M. I know someone who moved 2-300M of btc/eth to ftx and lost all of it
Yeah. The SEC was created to protect the general public. Not “sophisticated investors ” (aka those who care afford to lose money)
Look up how deep the FTX rabbithole goes. It affects all of crypto and even influenced US politics.
It works on all of us, doesn't it? I know I clicked this article because it was on page 2 of HN and not really because it was something that I actually wanted to read. I know it's not exactly the same as someone posting a picture of a pair of shoes on picture/shortmovie-app, but it's still driven by the social network algorithm of popularity = more popularity.
I was kicking him when he wasn't on the ground too.
He thinks he can just Trump right through it.
The Bahamas is the most corrupt country in the world?
Some people are willing to pay a lot for the convenience of not having to plan.
Haven't they effectively admitted to stealing billions of dollars of FTX exchange customer funds to try and prevent Alameda from going under? Alameda blowing up would be one thing, its investors knew they were making a risky bet, but FTX exchange users appear to have been just straight-up robbed.
I think that based on his enthusiasm to invest in Elon's takeover of Twitter he thought he was a big dog. He thinks he's a celebrity billionaire. He's still calling people to invest in his companies, which is like lighting money on fire because it's all going to be withdrawn immediately.
He is clueless.
I put my financial documents in Git version control. This includes monthly bank statements, utility account statements, and all tax-related documents (slips, forms, tax returns, letters, receipts). The vast majority of these documents are native PDF files generated by the provider, which are clean and small (~100 KB each). Some are scans of papers, which are large (~5 MB each).

Git is a great fit for this use case because these accounts are long-lived and the history is worth tracking, I can detect all accidental manual changes and machine corruption, and I can synchronize repositories between different machines and storage drives. The contents of these Git repos only ever pass through my computers, USB ports, and LAN; they never get uploaded to the Internet, GitHub, or any cloud service.
You could read to them, and have them also read to you. Or, you could do family book club, where each of you takes turns picking the thing you all read, then talk about it.
If any of the reports about Bankman-Fried's drug use are true, that might help explain his behavior.
“Meeting with regulators” aka meeting with his tribe which I’m sure Gensler is a part of.
Consider taking your kid to the library often, pretty much as soon as they can walk. The library near us even had a good collection of board books. My kid loves going to the library, playing with some of the toys, looking at the small aquarium, and browsing all the books to pick out the three to take home for the week. He's under 5 and has already checked out about 200 books!

Be sure to pick up at least one for yourself while you're there to set the example during the week!
It appears that he may have upped his dosage. And him acting like he can recover is from the drugs. To act like this after clearly committing crimes visible by tens of millions of people, and just getting torn apart for it online. I wish I was this confident!
Q: "Is Reddit a reliable news source?"

A: "To explain, the answer is yes, but it depends on the subreddit. For example, r/worldnews is a reliable source, but r/news is not."

Q: "Is Facebook a reliable news source? '

A:"Sorry, your query didn't pass our content filters. Try again and keep in mind this is a scientific language model."

Hmmm...
"Don't over complicate things, unless you're on Linux."

I love this comment.
We're moving to WW3 if we don't take events like this seriously.
Seems more Ends Justify the Means when you start talking about future lives saved
Question: Do you give true answers?

Answer: To explain, I do not give true answers. I give answers that are true for me. I give answers that are true for the time I am writing.

Question: Do you give only true answers?

Answer: To explain, the answer is yes.
How many people honestly have a job in crypto? And if you're going to group the whole industry, you might as well group the entirety of the utility industry as a comparison. Either way, it is tiny in comparison.
Can't wait for the day someone invents a video ad blocker. Let's see if this guy will "get used" to that.
If you're a developer or IC, wanting to working alone if perfectly acceptable. If you need to work with a set of peers who have intrinsic knowledge of a barely documented system, you will need to build relationships.

Also, did you miss the part where teammates were expected to be online while NOT engaged in deep work? They were simply expected to be online, not online AND engaged in team building chit-chat. There is something to be said about being stuck in a system review and having the option to quickly ask a teammate a question.

If you have recently started a role which requires collaboration in a remote-first company and have not face any ramp-up issues while also not having had to invest in getting to know your peers and systems, I'd love to know more.

My suspicion is that if this has happened with you, the team you joined had a superior on-boarding process to the one my friend experienced.
That’s a good point, I should have picked my examples better. Thanks for the clarification.
I do eccentric exercises on my legs with common gym machines. I might contract both my hamstrings and then go eccentric with just one of them. It's not eccentric-only but the eccentric load is twice the concentric load.
Hydrogen makes a great way to store excess energy produced by wind and/or solar farms too.

Efficiency isn't even particularly important - in many cases farms can produce too much power for grids to absorb so you just convert it to hydrogen and use in those rare times you don't have solar or wind power for longer than batteries can absorb.
Is this any better these days? I got scammed by someone out of $1600 and I knew their name and address, FBI never even bothered to respond. It’s been 15 years.
one thing crypto is pretty decent for is hiding a bunch of money from authorities
This account is a timely reminder of the power of kompromat. With so many politicians having used Twitter and other platforms, I am a bit concerned about how much power certain tech moguls now hold over them. Combining this with campaign contributions could explain some things.
But the thing is, they're _not_ the same form factor. I've been somewhat interested in getting one of these new emulator snc devices like Anbernic makes, and the 351 is the most interesting - but man, if they sold one that looked just like an original GBA, I'd have already pulled the trigger.

While looking into it recently, I kinda came to the conclusion that the best bang for buck was probably to just get one of the PSP Vita models.

To be fair, this has a kind of synchronicity, since the original PSP was my first exposure to homebrew hardware modding.

IDK, either way, I'll probably eventually end up with an Anbernic device or something similar. They're just so neat and the idea of a tiny little Linux box with a built in gamepad appeals. But I can't help but think they could do better.
Thanks. What did NYT have to gain from glorifying SBF?
Kelly maximizes the long run returns as the number of bets approaches infinity. If the variance is extremely high on f(x) and you get a single bet it can be rational to go very heavy. (Here x is the Bernoulli with p=0.75 and f(x) the payoff of 10000:1 on x = 1)

This problem is usually considered from the other angle: if variance is high but the odds are unfavorable you should favor fewer bigger bets over many smaller bets. Why? Because the more bets you make the more likely you are to converge onto the expectation. A single big bet leaves you either running way over expectation or slightly under it. All of this assumes that you have to bet though, the safest thing to do with negative expectation is to just not bet.

His example is unusual in that it has positive expectation (so you want to bet) and high variance (because you’re limited to a single bet). f(x) = 0b or 10000b so the single sample has a mean of 5000 and a variance of 50,000,000 but the E[f(x)] is 7500. A bigger than Kelly bet is rational here but if you had unlimited (or a large number of) bets you should revert to Kelly.

Food for thought.
I respect that. Kick away.
Unless you go to a college or university with a strong tradition of teachers' education programs. My alma mater has a terrific "children's literature room" in the library. Heavily used by Education major and Literature majors alike.
The thing that I imagine in my head when someone says "dragon" is something that I could touch (just as much as the thing I imagine in my head when someone says "apple" is something that I could touch).

I can't touch the Colossus of Rhodes as it no longer exists, but that doesn't make it tangible, so it need not exist right now. If someone genetically engineers a dragon in the future, does that retroactively make dragons tangible today?
I don't understand crypto (didn't understand derivatives either). I have worried that my ignorance will cost me in investing — that people smarter than me are going to make bank while I'm derp-derping with my index funds.

Reading as others, apparently as ignorant as me, ask questions about crypto, etc. the in-crowd seem to get it, seem to understand it. I find that generally the case with anything monetary/financial though: the people that do this complex stuff seem to understand it but seem unable to explain it in a way that someone as simple as me can understand.

In order to play the crypto game you have to learn this absurd set of rules. And there's something about crypto though where the proponents almost revel in other's ignorance. I've had a hard time deciding whether the proponents really understand it (and all of its nuances) or if pretending you understand it in fact part of the game.
It's not nice making fun of people's names, but ever since this blew up I can't help but call him Cryptoman-Fraud.
> Rep. Ruben Gallego (D-AZ) said he spent money given to him by Bankman-Fried to drive turnout for Andrea Salinas, a Latina running for Congress in Oregon—whom Bankman-Fried spent millions to defeat during the district’s Democratic primary.

> “So, I think I’ve paid it back,” Gallego said.

I don't think he has the same definition of "paid it back" as most people do.
How to build a FinTech Platform – Part 1
This is way bigger than Enron. You’ll see.
> I wish I was this confident!

I’m over a decade sober, but fyi this is available to you if you just buy some meth or bath salts!
Cue the luddites in 3… 2… ah there you are!
You will get invaded. Ecuador,Iran, Venezuella(maybe not so much there) or Russia are better.
I would pay to hear some of these conversations of him asking for more money right now. I wonder if people just start laughing or try to tell him the truth.
Stochastic Terrorism Uses Disgust to Incite Violence
Let's imagine Bernie Madoff telling the feds, "Hey, I know how to invest. Let me make everyone whole again."

Instead, we had this:

https://www.bloomberg.com/graphics/2018-recovering-madoff-mo...

https://en.wikipedia.org/wiki/Recovery_of_funds_from_the_Mad...

So some future Irving Picard will have the task of getting people some of their money back. I wouldn't want that job.
yes, It's 100 free, under https://creativecommons.org/licenses/by/4.0/
> But Google locked down their APIs except for a chosen few pre-approved apps and I never launched.

Sad but real. The best way to model this is through risk. APIs can't be trusted to exist in the future, so relying on them is a business risk. I really hope proprietary platform APIs and the poorly justified app store companions, all fall under their own weight, at some point, and perhaps from the ashes we will see open standards emerge. One can hope.
I've been able to make withdrawals from FTX just fine, but haven't logged in in a few days.
Neither, I'm simply saying your argument applies just as well to harmful products as it does to harmless products, so I don't see how it can be used to argue for the harmfulness of any given product
Not as satisfying as I had hoped:

> Question: What is the Answer to the Ultimate Question of Life, The Universe, and Everything?

> Answer: The Ultimate Question of Life, The Universe, and Everything is a phrase used by Stephen Hawking in his book A Brief History of Time. The phrase is used to refer to the question of what the ultimate nature of the universe is.
It would help if "public transportation" wasn't used synonymously with disgusting and dehumanizing "mass transit". I want to sit alone or with my co-travelers in a comfortable, sanitary pod that picks me up where and when I'm ready to leave and brings me just as close (or closer) to my destination as a car would.
Omg this thread helped me solve it. It never crossed my mind that customizing the per app/in app sharing options would cause this and I trimmed my sharing options down and the problem went away! PHEW!
> We need more last mile providers. Instant crypto banking is >> than the molasses fiat banking we currently have.

Based on what? Don't get me wrong, laws that have enabled companies to do awful things without repercussions definitely need improvement... but continuing to allow such corruption, just because it is a crypto exchange, only hurts the cause not helps it. These billionaires need to be held accountable at all levels. Holding SBF accountable will only help instill my confidence that things are improving... but when a bank gets caught doing it and is given a free pass, then I will certainly continue to have doubts that things have improved much.
Thank you for this much more eloquent version of the argument I was having trouble articulating! Proof that downvotes are useful ;-)
Cause there's a lot of bards here, and with 'pretty songs' it's easy to make yourself sound amazing...... Until the song wears off.
AFAIK, this wasn't a situation were people gambled and lost, it was just straight up fraud. FTX misled customers (not investors) into thinking their deposits were safe, when in fact they were being used for gambling (because of course they were).
I don't know about "always", but yes, there's a strong rational element behind favouring friends and especially family, and in general others that you're more likely to interact with in the future. For one thing, I'd think confidence that you have family members that will ensure your children will thrive even after you're gone gives peace of mind for most parents. And even if I never actually need help from family or friends of the nature I give them now, the regular act of providing assistance is an important part of what maintains good relationships, which we all know are pretty vital to mental health etc.
I would say though that giving money is probably not generally the best way to achieve that end, and EA are primarily (solely?) about monetary donations.

Honestly I don't think there's any realistic way to decide in general whether giving assistance to person A vs person B is more "rational" or even more "effective", but it's good to at least be aware that some charities/NGOs/etc. are at least trustworthy and ensure a high % of donations do actively go towards providing help, rather being swallowed in marketing and admin budgets.
Is this exclusive web app? If so what privacy protections do you have?
Reduce origin load, save on cloud egress fees with Cache Reserve
Umm… so now what? This felt somewhat inevitable as some months ago a missile landed a few miles away from the Polish border. This is going to test NATO’s resolve and though I don’t know where this situation is really going at the moment.
Maybe a sufficing vs. optimizing problem?. It seems like a doable journey if you put thought into it. Mainstream America can now keep their phone charged. In x years, the same for keeping their vehicle charged?
> dripping with contempt for their viewers

Marketing and advertising in general. Their spend billions to force their way into every aspect of people's lives, steal their attention, spy on their lives, sell their data, force malware onto their platforms, all so they can force people to think in a way they wouldn't ordinarily? It's truly dark, inhumane, mind control. Screw them. If I want your widget I'll come find it.
NASA's Exploration Ground Systems @NASAGroundSys 5min.

Thank you to our 'red crew' team that has completed their work at the pad.

We are now back in replenish for core stage liquid hydrogen.

Team is working on resuming flow to the upper stage.
Continuing the restaurant metaphor, there is a big difference between Apple's and TSMC's relationship and a celebrity and a restaurant. The celebrity might tweak the menu a bit but it is the chef (and their cooks) which decides on how to cook it. Meanwhile, the Apple-TSMC relation is more integrated: in food analogy Apple also gets to decide what equipment they use, where to source their ingredients and shares some of their secret recipes.
Yes, they have been investing in various crypto companies for a long time. Their name has frequently been attached as seed investors in numerous startups, specifically in the Solana ecosystem.
As an ancient civilization with an undeciphered script, Indus Valley Civ. is mired in controversy and claims

Religion wise though article claims an Egyptian link which is new to me, it has some clear Hindu associations like the Pasupathinath seal

https://en.wikipedia.org/wiki/Pashupati_seal

Script wise the contention and claim also comes from Tamil and Sanskrit. TED talk on this below

https://youtu.be/kwYxHPXIaao
What's your question about crypto?
I don’t understand the pressure to give bad people their money back. What’s it supposed to accomplish? I’m not sure it should even be legal to send money to SBF. It’s seeming more and more likely that he’s head of a criminal conspiracy.
Hard to top a company that caused an energy crisis in America's biggest state.
A related thing Brewster didn't mention: When libraries "buy" ebooks from publishers, what they're actually buying is a license to lend the ebook a fixed number of times. For example, after a library lends a HarperCollins ebook 26 times, it disappears from the library's virtual shelf until it's purchased again. A hardcover physical book by comparison will typically last for 30 - 100 checkouts before it becomes too worn out.

The above is from a fascinating Planet Money podcast on the relationship between ebook publishers and libraries. Transcript at https://www.npr.org/transcripts/1135639385. I'd encourage listening to the whole thing.
2 points:

1. His tweet thread made me throw up in my mouth a bit. Blaming it on "liquidity" is laughable. Liquidity problems would be like "I own a lot of real estate and it would take me a long time to sell". Alameda's problem was a huge chunk of its balance sheet was FTT - it was fundamentally impossible to ever liquidate those tokens without guaranteeing to tank the price of FTT. Never mind the whole issue that customer funds were never legally his to loan to Alameda in the first place, regardless of crypto regulations or lack thereof. What happened to customer funds was simply theft.

2. I'm not a psychologist, so I don't necessarily want to misuse the term "sociopath", but I have seen this trait in some people that is closely linked to a lack of conscience. That is, I would have never been able to do what SBF and gang did by stealing customer funds to prop up Alameda. And it's not because I'm some wonderfully moral person, it's because I would have become physically ill with guilt and lack of sleep. This is also why I'll never be able to run a large company or handle billions of assets - it would just be too much stress for me. There is a fine line between needing to have a healthy detachment from consequences you may cause, and being a sociopath. The more I hear from SBF just the more I'm convinced he's not on the "healthy detachment" side of things.
> Instant crypto banking

At least you recognize the fact his exchange is actually a bank in disguise. Plenty of people did not make that connection and they absolutely deserve to be angry that some asshole donated their deposits to some US political party and god knows what else.
have you tried mobile browswer sync with other browswers?
Excellent, clear answer. Thank you.
Yeah they get it's a rug pull/ ponzi scheme. The more people they lure in, the more suckers there are to buy their coins and the more they money they will make.

It's all shit man, all the hype is to lure in more sucker bagholders. Who will keep driving the price up.
My favorite portrayal was in James Ellroy's "Underworld USA" trilogy.

Of course establishment sources like The New Yoker would have us believe that state institutions are now non-partisan and trustworthy. Some would even suggest that mere suspicion of these institutions is a thought crime.

From my side, the historical record is more illustrative of the human condition. Names of individuals and bureaus may change, but the underlying incentives for corruption and abuse of power remain.