skysight-inc/HackerNews huggingface dataset:
I did answer your question.

There's a good reason that IQ works the way it does -- it's because IQ tests are affected by lots of things other than intelligence, and those things are not constant over time. How well you do on an IQ test is affected by societal factors, for instance.

This goes back to why I said that IQ tests are a poor proxy for intelligence at best. IQ test do not measure intelligence (there's not even any consensus on what "intelligence" actually is, and if you don't know what it is, it's pretty hard to measure). IQ tests measure competency in things that roughly orbit intelligence, but are also influenced by your cultural upbringing, your socioeconomic status, and even strange things like what type of thinking (not how good it is) your brain happens to engage in.

The one thing that IQ seems to correlate well to is how well you'll do in college. But even there, the correlation is pretty loose.
What makes Frostibuild different from other Infrastructure-as-Code solutions? What types of users do you think would benefit most from using your platform?
> It's quite possible that no depositor will end up taking a haircut.

It's possible that uninsured deposits will eventually be recovered at full value, but losing access to depository funds is itself a loss which often has a very real costs, and when the Depository Insurance National Bank taking SVBs place opens no later than Monday, uninsured depositors are going to only have a claim against the potential realized value of SVB assets beyond what is necessary to cover the insured deposits, while insured depositors will have access to actual money in actual deposit accounts in an actual (solvent) bank.
Covertly communicated hate speech: A corpus-assisted pragmatic study
That's unrelated. The FDIC isn't gonna renege on the $250k protection, even if they run out of money. The US government will step in.

The bank's continued existence isn't the FDIC's concern. Making the depositors whole is.
40 years ago is 1983. https://fred.stlouisfed.org/series/FEDFUNDS

Their risk management might have overeindexed on the post recession era but the bank itself lasted through some pretty wild rate shocks.
I doubt that a recording of everything I do in a hotel room would be valuable enough to pay for the room.

Pity really, I'd quite like to do some touring without having to pay!
Do you not notice the ratio is off?

I spot US letter-sized paper because it looks fatter/shorter than I'm used to.

Possibly it's easier to spot this outside North America, since the 1:√2 ratio is so widespread.
What kind of bank doesn't know about interest rate risk? That's their whole business.
It sounds like someone forgot that HTML and CSS are separate technologies, with one being born years before the other. In the beginning, the web was HTML.

Sure, CSS is useful. But a lot of it is over-designed. The web in general, is over-designed.

Sure, that's like, my opinion. But no, they're not "one thing".

> As long as the information's high quality, people will want to read it, right?

I do. Probably, there's a fundamental difference in what we consider readable. I don't think pure HTML as rendered by modern browsers is necessarily ideal, but it's generally readable. Most of the extra elements, styling, javascript, pictures etc. on modern pages distract from the actual content and make it harder for me to read it.
What guarantee do they make that their algorithm wont hallucinate away an important tumor or something?
So because some people don't want to work more than 8 hours a day we must prevent everybody from working more than 8 hours a day because it will inevitably spiral into a race to the bottom? That's rhetorically pretty loose. Do we have that problem in the US? No. I don't believe this race to the bottom actually exists. Companies need all sorts of labor. Diversity of labor is good.
For people leaning more towards the CS side of things, there is a description of the algorithms used and the weights used towards the end of it. As someone trying to build similar systems (not social media websites FWIW), it was quite instructive.
> but the market forced it to sell to raise cash.

Can you clarify this part?

I'm not super familiar with the intricacies of banking, so my guess is that this is simply due to part of it I don't know about, but...given all the "creative financial instruments" I've heard about since the runup to the 2008 crash, I have to wonder if this "market force" was at least partly due to something SVB was doing that wasn't terribly wise.
I think there's ample lived experience showing that larger groups of adolescent human beings can be hateful towards people who are different in any way.

In the past, young people were unable to escape this while at school, but once the school day was over they at least had a reprieve until the next school day.

With social media, there is no longer any down time. You are vulnerable to harassment all the time.
Potential contagion: https://imgur.com/a/Xh6Kudp

These are companies, sorted by PPP loan size who had SVB as their servicer.
> High rates of burnout and stress.

Not to mention an elevated rate of medical errors caused by tired and overworked hospital staff.
Dan, the person you originally replied to has been here for 10 years; I wasn't taking offense on my own behalf. I know you're busy, but I'm surprised that you wouldn't glance at the account status of to see who you're dealing with, or indeed have some sort of admin console that makes it easy to see.

As for slurs abounding—if you're seeing comments like that not getting moderated, overwhelmingly the likely explanation is that we didn't see them.

Statistically, this seems improbable, especially given the existence of your flamewar detector. It's super-easy to measure which threads are 'hot', and not much harder to guess or mechanically infer what the content/quality of the discourse is going to be on many hot button issues.
I don't understand why anyone would park any sum larger than, say, $5mm in a bank deposit for more than a minute.

It isn't hard to dump those funds into a money market fund backed by short-term commercial paper or even short-term Treasury bills. Or to just buy the Treasury bills outright. Such holdings are quite liquid and can be absolutely secure.

Use the bank account for clearing, keep a couple million in it and sell assets as needed to top-up the account or to prepare for known cash outflows.

I'm sure there are cost and complexity trade-offs. But "don't lose the cash" would seem to be priority #1 and worth some trouble.

I suppose the idea was that SVB managed all that for you. But one look at its financials shows the asset/liability term mismatch, and interest rate risk, so the risk of loss of cash was nonzero. So they were NOT managing maturity risk for these large depositors, and, well, now look where they are.
Just curious how does one build the tools you talked about? I'm referencing both hw and sw: hw part I guess is "on chip trace capabilities" and sw is "break on registers or peripheral access".

I'm not an embedded dev neither am I a debugger developer but I'm playing with toy OS dev so just curious.
There are lots of folding keyboards available. The problem is that they are made for using on a table. Phone doesn't work well on table.

It should be possible to make keyboard the size of a phone that can be used in the hands. The problem is how to hold it, maybe the iPhone magnets would make that possible. I think the main problem is that everyone is used to using touchscreen keyboard and wouldn't think to use keyboard.

I have an ancient Stowaway Bluetooth keyboard, one of the best folding keyboards made, and I have stopped bringing it along. I found that screen keyboard is fine for small amount of typing. And if I need to do actual work, then laptop or tablet is needed.
Wasn't their balance sheet before the panic what caused the panic? It wasn't some WSB meme that drove the bank run, they couldn't cover their normal day to day operations and started a bond fire sale and desperate equity raise.
You're describing the exact thing people do when logging onto a Mastodon instance. They're choosing to accept the moderation/federation policies of that instance.
praise the Lord
Looks like 2.7% of their deposits were > 250k. So yes, it seems relatively unique (there are only 5 banks on this list with <15%).

https://twitter.com/GRDecter/status/1634208652595699713?s=20
You can see a list of failed banks and who acquired them here. https://www.fdic.gov/bank/historical/bank/

Every one in the past few years looks like it was acquired.
What Are We Protecting Children from by Banning Books?
In some spaces - yes. We are looking back in a similar manner.

Limited TV screen time is strongly encouraged in basically all the literature for new parents (under 2 hours).

Gaming is seeing a strong push against some of the most egregious abuses targeted at children (micro-transactions and loot box gambling).
Auto-renewal is a standard feature. You normally don’t have to do anything to renew (other than continue paying the domain fees). You can transfer your domain to a different registrar at any time (for the standard TLDs). If your hosting facility catches fire, you can point your DNS (which should be a different provider, at least for one of primary or secondary DNS) to a new server restored from your backup, at a different hoster. This is usually possible in less than an hour. Email is robust, sender MTAs typically retry for days when your MX is down.
HN is mostly software devs, as someone in the bio sciences whenever I see comments about my field they're nearly always wrong unless another person in the field is commenting which isn't very often. It seems like software devs like to think they understand things when it's just barely surface level knowledge, I don't know why
His advice was good though. If you were one of the first to pull out funds you would have escaped with your money. The people who waited and didn't panic lost their money.
Them yes, but if Google wakes up...And realize they could move their Tik-Tok competitor YouTube Shorts...into a smaller, shorter attention, thread based "type" of Twitter they might be on to something. They could call it Yitter...
Behave like you are an owned pet, rather than a human with rights equal to those controlling you.
> was at least partly due to something SVB was doing that wasn't terribly wise.\\\

A startup-focused bank probably shouldn't have been investing into 10Y, 20Y, or 30Y US Treasuries, when their customers might only have 2 or 3 years worth of life in them.

So yeah, there's a bit of stupidity here for sure. But its the kind of stupid that I can imagine a lot of banks making.
Which Russian media has been banned in the US?
You think there are more victims from privacy infringement than victims from illegal drug trade? I’d like to see some data.
> national telecoms regulator Anatel has flagged the Flipper Zero as a device that serves illicit purposes, or facilitates a crime or misdemeanor

I wonder how much crime Anatel facillitates.

It's also very kind of the EFF to assume that the brazilian government needed proper justification to do this. The optimism implied by that always makes me smile.
Thanks for your interest!
Also thanks for the side note on the snippet, we just fixed it.
VC firms don't generally have tons of cash sitting around compared to their fund size. When you raise a fund, an LP does't just hand you $20 mil, then simply promise to send you up to $20 mil when you ask for it.
Then don't take a salary. Nobody is forcing you to work for a nice salary. If you want to be paid by the hour so that every hour is accounted for then go for it.
Why a company with VC backing for something so simple? I am confused why somebody would think this is so important, they would need funding. Anybody with 1-2 years development experience should be able to hack something up in redis or even just crontab and flag files.

I use postgraphile graphile-worker https://github.com/graphile/worker for this.

For example, every month we roll over credits. For each user, when they signed up, 30 days from that, check. If they are available for roll over, reset and email. Then we have drip campaigns for alerts like running low on credit.

Also, if you upgraded your account, then pause payment, it uses a worker to schedule the date they are paid up to run the SQL to downgrade. With a simple API called 'addJob' that looks for a JavaScript file in a folder called task.
A failure in “First Community Bank of Left Buttcheek, GA” is not the same as the failure of a $200B institution.
As someone who disabled transitions wherever noticable on all my operating systems and who avoids IE, sorry I mean chrome or any chromium derivatives, this isnt for me.

However, for users it will affect, can it be disabled.

Does this mean more code must be added to code to cater for browsers that do not implement this API can still the this feature?

How many chrome only APIs already exist and how often do they break sites on spending browsers. Genuine question as I use Firefox, but have never noticed a broken site so I wonder if these fail gracefully or maybe chrome only APIs are rarely used it I don't visit those types of sites....
Looking for Flynn effects in US adults: Examining shifts within the SAPA Project
Yes, most modern countries have between 35 and 40 hour work weeks.
I wouldn't trust it. Believe me, I learned the hard way.
Time to re-watch The Big Short again.
Your logo is awfully-close to sequoia capital's logo: https://www.sequoiacap.com/
Which one is it? :-)
>Capitalism doesn’t allow planning for the worst.

Governments bailing out banks is not capitalism.
I can't say specifically for tech startups, but a lot of times lenders will require you to use their banking services as a funding requirement.
Ban? Are you in the US? can you access this?
https://www.rt.com/
Exactly; this idea that we HAVE to overwork our medical professionals is just outdated, and especially since COVID, actively detrimental to our healthcare systems.

Hire more people, pay them more, and give them time off so they don't burn out or get sick themselves.
"Why is this obsession with decentralized?"

From a business perspective: absolution from liability. If it's decentralized then you can conveniently say you can't control it and you can't shut it down. All you can do is make money from it.
All this means is it is a powerful tool for many uses. Determining if it's a 'good' tool depends on what end of it you're on.
> You don't need conversion therapy to eliminate transgenderism; you just have to stop recognizing it at all, and treat people based on their biological sex. I'm not actually agreeing with this, but I do believe this is his position.

If that was limited to personal decisions made by individuals, fine, whatever. But what we're actually seeing in legislatures across the country is threats of prison for being/helping transgender people. Prison for doctors, prison for teachers, prison for parents, prison for bathroom-users, prison for 'performing' a non-sex-aligned gender in public. This is how the holocaust started: prisons. Right-wing pundits are appealing to plausible deniability when they're using words like ERADICATE. The German public fell for this once. Don't be a damned fool. It's not the 50s he's longing for, it's the 30s.
To qualify as "time-travelling" You should at a minimum be able to step and run backwards and inspect the values of variables at a previous point in time.

Ideally all debug features (breakpoints, watchpoints, tracepoints &c.) will work running both forwards and backwards. To meet the standard of the "perfect debugger" from the TFA intro, I would say you should be able to run backwards, modify a function, and run forwards again. I'm not aware of any debuggers that let you do this.
It's a missile with Peyronie's Disease - your tax dollars at work.
Visual Studio C++ did this in the 90s. I never understood why Unix devs preferred emacs/vim back then.
Cool ... I guess you could vlog about the precious metals and get 1%/yr from Youtube to make up for it ... Keep saying "my precious" and you'll probably get a few million followers on Tiktok
From reading the comments it's interesting how the failure seems to have occurred.

Not crypto hype, not bad loans, but long term bonds... It's sounds very conservative and responsible.
> > 97% of these MBS were 10+ year duration, with a weighted average yield of 1.56%.

But why didn't they just hold money at the Fed given that they are a bank and they can?

It's literally splitting hairs between what the Fed Fund Rate is and what they got on their MBS.

Explainer post says end of 2021 they made that trade, in March the Fed raised the Fed Fund Rate to 0.20%, and by April it was 0.77%.

Had they waited just 5 months they'd have got a better Risk adjusted return by just keeping the money at the Fed
Is there any reason the FDIC itself cant just hold onto the bonds until they mature? The federal government doesnt need liquidity the same way a bank does, they wouldn't need to sell them for less than face value.

Edit: this is actually a serious question, if someone knows the actual answer.

I understand that ideally the government wouldn't want to hold onto the bonds, but is there any statutory (or other real) reason why they would _have_ to sell them at less than face value? If you could guarantee 100% of deposits could be returned by just holding onto the bonds until maturity, that seems like a worthwhile trade.
One other thing in recent years: if you used Stripe Atlas to get incorporated, they made it very easy to get an SVB account.
meanwhile here we are discussing 4-days work week
If you use the same ID with multiple websites then it can easily be used to connect them, for better or worse.

Meanwhile, even if you somehow had secure, irrevocable ownership of some kind of identifying name or number, websites could still cancel your account with them for any reason and keep you from logging in with that ID. They can use the ID to more easily share reputation information, similar to credit scores. Your ID could be put on a list, similar to what happens with ad blockers and lists of spammers.

By itself, ownership of a name or number doesn’t get you much. If you use Google to log in to a website, what it’s really providing is a minimal kind of reputation, sort of like how a captcha vouches that you’re probably not a bot. For an ID to be useful, there needs to be reputation attached, and that isn’t something you can do yourself; other people or entities need to vouch for you. It’s also not permanent. Good reputations can go bad if people decide they don’t like you anymore.

Instead of centralizing using a single ID, there’s a lot to be said for having having multiple identities (alts) for when you don’t need reputation and you don’t want what you’re doing to affect unrelated activities.
Why? The upfront cost of a laser printer is higher.
Does the US and SVB have bail-in laws? There is a huge difference between a preferred creditor and being at the back of the line. As SVB has a rather low percentage of FDIC insured coverage at ~5.69% compared to a more normal 40-60% they can't rely on FDIC to get the more typical 90c on the dollar. But then again SVB might have been healthier than other banks so maybe the dilution won't be so bad. Historically depositors were first in line but bail-in laws (depending on how they're written) has the depositors balances converted to equity which is last in line. Such laws are totally crazy but didn't have an impact because few people knew about them so depositors were taking big risks and not knowing about it there by not demanding the interest rates needed to cover such risk. In effect it decreased the risk to the prefered debtors, preference shares, bonds, etc lowering the interest cost to the bank. Basically by transferring risk to those who don't know better the bank makes free money. The idea is sold as a win-win for taxpayers and bank health but only works as long as depositors stay ignorant. If SVB is bailed-in with conversion to equity then knowledge about that risk will spread quickly and the follow on effects could be very substantial. I think that can't be allowed to happen, which is probably why even with such laws depositors tend to be a bit blase. But if that does happen then holy shit look out.
> No tech company will pay all those salaries to run a free service, so realistically that place is going to the be the DMV or similar.

Or we legislate and make companies provide a minimum amount of service. You can't offload your operating expenses to the government.
That latter development is really, really annoying. I've started to order certain things from commercial suppliers like Uline (the advantage of having one local) simply because there's some things I don't want to deal with the thought process necessary to work out what is crap.
How many of those shifts does she work in a week?
My teenager bought their phone using gift cards accumulated through Christmas and birthdays. A phone plan through Ting costs them about $20/month.

By the way, do you know what they do with their friends in person? Sit around on their phones watching tiktoks and browsing instagram then making comments to each other about it. They have no idea how to socialize without their phones.

I mean look at the example they have to follow though, it's literally all around them. Adults do the same thing constantly. The social pressure to conform to it is ridiculously high and for an easily influenced teenager, astronomical. A child or teen that's outside of this norm is instantly visible and vulnerable; they are bullied relentlessly.
The V2 used baffles, too.
Sequoia: Up and to the right

Defer: Down and to the right

Not a good look. Calling it now.
That has to be an inflation adjusted yield, right? Why would anyone do anything remotely risky for such terrible returns? You can almost find government bonds with similar average yields.
You think banks would become less profitable by charging fees?

Retail banking is not some wildly lucrative enterprise, generally speaking - it's the boring, stable-ish segment of finance. They're gonna make roughly the same margin, whether through fees or spread.
Do you mean tricycles (human-powered), or some sort of three-wheeled motorbike?

I'd always assumed tricycles had the same legal status as bicycles in pretty much every country, and likewise an e-tricycle and e-bicycle.
I think you mean that the US banned Russian media companies that are controlled by the Kremlin. If there is something that we in the west would call a "free press" in Russia then those would not be banned. That's my take anyway.

https://www.cnn.com/2022/05/08/politics/us-russia-sanctions-...
The weird thing about all this to me is that the bank got sunk because they... Invested in very solid, predictable assets with guaranteed-except-for-apocalypse ROI.

They're not being punished for losing money; they're being punished for not having the money put somewhere it could grow faster.

I can't escape the feeling that America has lost its grip on what banks are supposed to be for.
but do you automatically get access to the insured part, or do you have to sit around and wait for a few months until FDIC hashes it out with whoever? it could be really a matter of life and death for some startups.

Update: yes, seems like the insurance part is pretty quick

https://twitter.com/MMikeMMa/status/1634245929481175040/phot...
It's how the FDIC does things. They pay what are called "dividends" on your previous deposits from the successor bank as they sell off assets.

But if you're curious, and want a layman no-jargon version the press release from the FDIC is pretty good.

I mean this in no uncertain terms. HN users know nothing about this and are regurgitating pure rubbish over and over again in this thread. If you're concerned, don't even trust me, but go read the press release. CA put out one too.

https://www.fdic.gov/news/press-releases/2023/pr23016.html
If you take an SVB loan you have to keep your money in SVB.
I'm not sure what I said to warrant the attitude from you but probably you can frame your arguments in a better way if you want to continue the discussion.