skysight-inc/HackerNews huggingface dataset:
The trouble with anyone trying to copyright their model weights is that it's likely to make legal arguments their model isn't a derivative work of copyrighted inputs harder to sustain. Successfully copyrighting model weights (like databases or maps or other non-creative representations of factual inputted data) would be a very favourable outcome for creators of NNs who exclusively use licensed or public domain content, but not so much for a lot of the existing state of the art ML models...
No, because if everyone else keeps their money in SVB and it avoids going under, there is no payoff for defecting - you simply disrupt your own operations for no reason by trying to switch banks.
Why aren’t most assets marked-to-market, at least in some regular fashion?
It could be interesting if we can create custom neural processors to excel at particular kinds of tasks.

Like temporarily, or permanently, allocate some part of the brain for a certain configuration, beyond what experts can do and closer to what a processor can do.
Except the ones that don't.
No, SVB invested in long term T-Notes or T-Bonds, not short term T-Bills. T-Bills have much less interest rate risk, because they have a maximum 52-week term.
> what will be paid on Monday will be paid out of SVB's funds

Possibly, but not necessarily. FDIC funds pay insured deposits before determinations about assets are made.
They had to chop the 30b and 65b models to 4-bit quantization which makes it significantly dumber.
There's a lot of things I don't like spending my tax money on but I am ok with it because largely I have benefited very much from living in the US
Good ref, I had no clue of bilious existence.

Yes, reality eventually back fires. It's not like the fed figured they should turn around because "inflation". It may simply be that they can't keep printing since it has become much harder to dump it anymore on (global) producers. See the geopolitics, Finance101 isn't enough to grasp the magnitude and seriousness of what's been going on lately.
It's simple enough: before the rise of front-end frameworks in the 2010s, web developers were indeed more of a single group ("full stack"). But even before the rise of Angular in 2011/12ish, there was already starting to be a specialisation in front-end vs back-end; some devs, I remember, worked almost wholly on the JS UIs of more front-end-heavy websites (they may have been more of web designers previously). Others concerned themselves more with the backend, databases, services, etc. As frontend technologies grew more complex (and mobile became of primary importance), the division grew.

Before Angular and co., "full stack" encompassed using HTML, CSS, and JS. What it can be fairly said to mean nowadays is debatable, but 10+ years ago, doing Rails with a bit of JS would definitely have counted.
It would just take too long. Modern space capsules travel at kilometers per second, and it would still take months to reach Mars. If were to travel there a 30km/h it would take centuries to get there.

... This is all ignoring the fact that orbital mechanics just wouldn't work if there was air resistance. The planets would quickly slow down and crash into the sun.
The amount of tech folks that don’t realize how much their jobs and lifestyles only exist because of the commercialization of the internet and “capitalism”…
Well the point of contention isn't the stances being discussed, but rather that a group of ostensibly top-law intellectuals behaving like a mob of room-temp-iq occupy wallst idiots. All feelz, devoid of thought.
> I'm pretty baffled to see so much of this on HN.

HN comment quality, thoughtfulness, and etc seems to drop off with higher visibility…. and sadly generally too.

The more visible the more comments resemble Reddit or the god awful knee jerk hot takes you get in local newspaper comment sections :(

It’s a bummer as I’ve enjoyed the generally high comment quality on HN for a long time.
You can’t see how one story makes them look much worse than the other, especially after a potential years-long cover up?
This was written by the "Antonin Scalia Chair in Constitutional Studies" at the Ethics and Public Policy Center, which is a think thank that describes itself thusly:

> Founded in 1976, the Ethics and Public Policy Center is Washington, D.C.’s premier institute working to apply the riches of the Judeo-Christian tradition to contemporary questions of law, culture, and politics, in pursuit of America’s continued civic and cultural renewal.

I have no doubt that a Stanford "DEI dean" would pull something like this but is there perhaps a less biased third party analysis of what happened? The above sounds like a culture war machine
The raptors that are CG in most of the shots that aren’t just their heads? Like the entire sequence where they chase the kids…

you’re also comparing things without considering how the process created them.

Avatar wouldn’t look any more real with practical work. It’s just not possible to make robotics today that can have that level of articulation and micro expression. the reason it doesn’t look “real” is because the film makers didn’t want it to look real. It’s meant to be fantastical.

You claim most CG is bad in films but I’d argue that you, like many others, glomp onto the bad CG and ignore all the fantastic CG that you don’t notice.

How many people do you think noticed that the entire environment they’re in isn’t real in these shots? https://youtu.be/V5mS7BHmZJI

Often what people consider “bad CG” is overly apparent CG. This can be down to three things:

1. Budget. Both money and time.

2. Deliberate Aesthetic choices

3. Directors often put CG more in your face than practicals

Practicals wouldn’t make a difference there because they’d fall prey to the exact same issues which is why they’re often replaced in post anyway.

Aesthetics are a big one. The visual style between the original Jurassic Park trilogy and the Jurassic World trilogy is different. The new trilogy is significantly more fantastical in style and lighting. This is why you can’t just randomly compare shots between different films. They’re created by different teams with different goals. You need to compare against the raptors etc in the same film or where similar choices were made.

When people say “I wish this was done with practicals”, what I think they mean is “I wish this was better” but ignore the why.
What do you mean offers the same functionality, what search options can it do locally? Genuinely curious
Which part is silly though? The JPM report is indeed essentially saying that they didn't properly hedge interest rate risk.

It just adds that SVB's situation was exacerbated by the fact that the health and size of the deposit base they had cultivated was also inversely correlated with interest rates (ie VC and startup activity declines with rising rates), which made their situation even more precarious than at other banks.
That definitely sucks but why should Americans who had nothing to do with the bank or sector fork over public tax dollars to provide a soft landing?
> the bank was never and is not insolvent

Yes, it was, as declared by its regulators. Its balance sheet balanced. But its liabilities were worth more than its assets. If it weren’t insolvent, SVB could have borrowed at the Fed’s discount window. It couldn’t.
The pragmatic thing is to stay glued to the typewriter and then escape our nested strings with Unix toothpicks everywhere.

> Ambiguity: They show when quotes start and end which is quite nice and we can have nested quotes. But these are things that are not critical to meaning and simply make it easier

Typographic conventions go further than that.

In Norwegian it’s `«»` for one level of nesting. For nested quotes you are supposed to use something else. Maybe `‘’` (single quotes) for the second level and then `“”` (American English double quotes).

Maybe American English uses `“”` and then `‘’`.

In my opinion that’s not necessary. At least for text storage.
Is it cheaper to let 9 more fail or give the green light to moral hazard for hundreds or thousands more?
I'm sure there will be some good books coming out about it in the next couple of years that will shed light on what actually happened.
So beautiful and horrific at the same time :D.
man just did another double on his roth IRA
The FDIC does this as a matter of course with LSAs though.
>If depositors with deposits above the FDIC insurance limit _are_ protected then there will be nothing stopping this from happening repeatedly in the future.

The fact that is stopping this - is the fact that only people who are earning money on risky strategies - shareholders - are being wiped the first.

Depositors are NOT investors and do not earn a premium on successful risky bank strategies.
It will never stop. Every time the hardware gets stronger, someone will turn the extra resources into a way to spend less on software development and consume them all.
Lack of any edit indicator, copied quote, or /s does make me wonder sometimes. Would prefer most humor be left to Reddit.
No, this wasn’t just a liquidity problem, the bank was insolvent. The bank run was a result not a cause.
This is the only place I've read the idea of SVB hoping VCs wouldn't want their books opened. Is it common when the FDIC comes in for them to be auditing for criminal behavior and not just looking at what balances are so they know how much money to give each account? Is there precedent?
Whether or not the film is subjectively bad has no relevance to whether or not the technical work on the film is amazing and worthy of discussion.

This is HackerNews not a film critique site after all.
That's true, I should've said that the market value of SVB's assets is likely lower than their deposits at the moment. Of course we don't know for sure, but if the market value of assets exceeded deposits, they wouldn't have had to close down.
It sounds like you're agreeing with me in many more words. I can't figure out where the "and no" part is. The bank getting too much cash isn't something that they can avoid. That's out of their control. What happens after that is in their control and putting them in treasury bills is a reasonable stance to take.
Members of the bar have professional responsibilities which require them, in certain circumstances, to maintain decorum in the face of people and situations they find distasteful. They even can be assigned as counsel to defendants they consider immoral and in that case must provide zealous representation.

If an incident during law school provides indications that a student might not be capable of controlling his or her feelings enough to carry out professional responsibilities, details of these incidents should be reported to the character and fitness committees of any bar those students apply to be admitted to.
And within epistemology and your process of "verifying" there are hundreds of contemporary schools of thought from Wittgenstein to Chbosky.
Is that how people are talking about it? At this point the thread of most conversations here seems to follow this pattern: lots of deposits > overallocated to interest-rate-sensitive long-term bonds > short-term withdrawal pressure forces SVB to sell assets at a loss and then attempt to sell itself > Thiel urges pawns to pull based on that knowledge (and possibly more) > word gets out, wider bank run > FDIC takeover. A potential issue become a concrete issue through panic.

The rationale presented alongside the urging to pull out doesn’t have to be fabricated, just hypothetical. That the risk become real as a consequence of being suggested is potentially interesting, but ya know.
Why should we care what nationality they are?
> a company still needs working cash in the bank account for payroll and to pay vendors

I also don't understand this. Why can't the working cash be a loan from the bank secured on the T-Bills? Then the depositor bears essentially no risk because they have no net balance with the bank. Essentially, why can't companies' working cash be overdraft? That way it's the bank that bears the risk rather than the companies. That's the whole point of the bank!

I guess one downside is that the bank will apply higher funding charges for that kind of arrangement. Well, the depositors should suck it up. You have to pay a price for resilience.

I guess there are other fine points of corporate finance that I have yet to grasp, but I'm learning a lot from the comments on HN. Thanks for your reply.
Yes that is what I am saying. And agree, could have expressed it in a more clear way.
A TMDS symbol is 10 bits long so a pixel clock of 25Mhz needs a DVI bitrate of 250Mhz. You can generate DVI with an overclocked RP2040[1], but even then you have to halve the horizontal resolution because the general TMDS encoding algorithm is expensive to perform in software. You could, however, replace the VGA resistor DAC with a dedicated DVI encoder IC like the TFP401.

[1] https://github.com/Wren6991/PicoDVI
It also heads off the big risk, additional bank runs.

If depositors see strong signs of support they won’t run. They may very well be saving other banks without even having to deal with them with this move. No bank can survive a bank run beyond a certain point.
Maybe @dang could accept monthly donations to pay for a couple moderators? Last I heard they were volunteers.

Anyway, the fact that the top-voted comment now complains about the low quality of answers shows that moderation + voting still help.
This is neat! Very useful to be able to pipe stdout to other tools like command-line summarization via LLMs.
demonizing shorts has been a thing for ages too. just obscure.
>Why does running around on a field have less intellectual value than doing make believe on a stage?

In a culture that asks this question seriously, "intellectual value" might not be needed in general (except in some specific niches)
Interplanetary Medium
Sure. And there are companies now that are training models on licensed data and those models are def 100% copyrightable without question (it’s a database)
So you think billion dollar companies are getting trickle up help? That is just very incorrect.
Edible drones open up new ways to save lives
I think the backlash against tech comes from many years of tech celebrating themselves and being celebrated as “disrupters” for a lot of bullshit startups. And the amounts of money made with companies hat have no real business is just astonishing. It would be nice if it went back to focusing on creating sustainable businesses that make useful products that benefit their users and aren’t just another vehicle for mass surveillance.
> we don't know for sure, but if the market value of assets exceeded deposits, they wouldn't have had to close down

They would have borrowed at the Fed’s discount window if it did. That’s the systemic solution to illiquidity. The FDIC is a fix for insolvency.
And then why shouldn’t be the whole banking system be nationalized? Businesses are capitalists by detonation (especially those based in the Bay), doing business comes with risks, managing risk is one of the basis of capitalism.
I thought it was really funny in the 1980s that people in medical imaging were really afraid to introduce image compression like JPEG because the artifacts might affect the interpretation of images but today I see article after article about neural image enhancement and it seems almost no concern that a system like that would be great at hallucinating both normal tissue and tumors.

So far as law and justice goes it is the other way around too. If it is known to be possible that cameras can hallucinate your identity, it won't be possible to use photographic proof to hold people to account.
How would punishing depositors disincentivize this behavior from executives?
On the Demise of Silicon Valley Bank
I'm perfectly fine with 8GB and can even make 4GB systems work fine. The key is to use an ad blocker as browser ads have just completely destroyed browsing 99% of the web. It is truly unbelievable the performance difference with ads on vs. off.

The other big thing is I never have more than 4-5 tabs open--anything beyond that just bookmark the sites and come back later, having hundreds of tabs open is just silly and a true anti pattern for research and thinking.
I think the understanding issue is that all banks are basically insolvent by design under any situation that differs from normal because the business model is to take in customer funds and then deploy them (lend them for mortgages, but mortgage backed securities and other bonds, buy stock, make loans, etc) and that will always involve a duration mismatch given that those customer funds can all be withdrawn on demand and whatever you deployed those customer funds into will not be able to be withdrawn on demand (and may have a multi year withdrawal limitation).

How this is managed is by making sure you have enough capital on hand or in assets you can liquidate immediately to cover customer withdrawals, which wasn't possible for SVB because 20-30% of their total customer deposits were leaving each day by the end. In that regard it is true that the bank run caused the failure. However, what caused the desire to get out is bad management at the bank and unrealized losses because the bank had a large portfolio of mortgage backed securities they weren't required to mark to market (thanks dumb regulators) and the loss on them from the sudden increase in interest rates was large. In addition they had a very large portfolio of loans to startups that were questionable given the massive shift in that market so there really is a big question mark on how many billions that portfolio would be down which makes it really questionable whether the bank was actually solvent or not and that drove the panic to get out.

So the correct answer here is the regulators screwed up allowing losses to not be marked to market, the bank management screwed up exposing themselves to a very risky duration mismatch and very risk asset mix and when the bank customers figured it out they caused the bank to officially fail by trying to protect their assets by moving them elsewhere.
From what's been reported, SVB had money tied up in mortgage backed securities and T-Bonds (not bills) which take years to mature.

T-Bills are different than T-Bonds. T-Bills mature in weeks up to 1 year (4, 8, 13, 26, 52 week terms). They're a good way to assign your money you can't risk (like next month's payroll) while still earning interest on it and having access to it when you need it.
1) in general most programmers only optimize once they perceive slowness, which means they only optimize when the hardware can't keep up with the application, which means as hardware gets more capable, things are less optimized

2) writing streaming code is harder
I appreciate all the flags, but why is wrong to ask for sources? What isn't choreographed about that president? He has multiple US based PR consultants, there's a behind the scenes for his AR addresses[1], they had a vogue photo shoot[2] all in the middle of a war.

They played air raid sirens for Biden[3], after Biden got assurances from the Kremlin for his visit[4], all the while even CNN reporters said that there were no signs of any strikes.

Why not just providing sources instead of slandering people that ask for them? Even if the person above is right, asking for sources and providing is the correct behaviour in an adult conversation on a platform that prides itself to be full of scientists.

[1] https://www.youtube.com/watch?v=zckV1bYrGdQ

[2] https://www.vogue.com/article/portrait-of-bravery-ukraines-f...

[3] https://www.youtube.com/watch?v=VfaCc1feMaM

[4] https://www.theguardian.com/us-news/2023/feb/20/how-biden-pu...
There is a lot of concern around SVB within the 90 days leading up to the event. But the timing is interesting. The day before? And the CEO dumping stock?

The difference here is likely insider information. It's obvious Mr. Thiel is well connected and so it's not likely he made this decision uniformed beyond the normal flow of chatter. The question is if he was tipped off and had insider information is that even illegal in this context?
So you can cheat taxes & take on excess debt?
It's ok that some content not be on the internet. The internet didn't have to become the epicenter of everything. Amateur content and communication was a fine outcome for what the internet could have been. Scholarly material could remain in journals.
they can fail all they want as long as you have less than 250K deposited. if you are using mercury as a transaction agent then you have no risk. you keep your deposits at a tbtf bank, then automate your transactions to run through mercury, so you pay lower transaction fees.
"There are three ways to make a living in this business: be first; be smarter; or cheat. Now, I don't cheat. And although I like to think we have some pretty smart people in this building, it sure is a hell of a lot easier to just be first."

-Margin Call
Yogurt consumption for improving immune health
Won't this get called back in as a preferential creditor if it turns out there are not enough funds to pay back all deposits?
Another thing to mention is that US Dollar is still world's reserve currency. Bailout (or government aids) could lead to unpredictable things. Last time Bitcoin was invented... This time I can't really imagine what would happen. Since entry barrier to Finance has became very low... Even I myself, became decentralised finance expert... I can't really imagine what would happen if this thing can't really managed well....
So he wrote all that for the typescript lsp to respond with the answer, but when it compiles down it's nothing? And we're using runes as variables just because?

That is pretty neat, and silly.

I also think it highlights my natural aversion to static type checking in dynamic languages. I know that I could get sucked into writing a bunch of code for the checker, instead of using my energy for making the application work.
I am noticing a lot of videos and images from this period are now gone...

The upside is people could redo the effects for a new crowd who may have heard about them without seeing them.
Totally true. And I'm not a serious audiophile. For me, having CDs is more about collecting and physically browsing when picking out what I want to listen to. Not for everybody!
For a little more on these with a focus on CSS and practical issues, I wrote an article a couple years back called Advanced Dashes: https://twos.dev/dashes.html
Supersonic flights need to make a big comeback—this is just stupid.
I remember reading the original version and thinking "Ah, this would be so much more grokkable if only I knew Haskell"... Delusions of grandeur are a marvelous thing!
Taxpayers arn't paying the 250k, the FDIC is funded by fees they charge the banks, not taxpayers.
The answer to (1) is plainly yes. Copyright is a human process. Things you think shouldn’t be copyrighted get copyright and vice versa.

Lawyers will consider how experts make decisions that affects and shapes the (sometimes far-) downstream representation of a valuable thing: thus an mp3 recording, a compiled executable, and, yes, a neural network’s model weights are all going to be in scope of copyright discussions.

As for “should”…I don’t know. I feel like the model I train to synthesise my own voice should be copyrightable. Meanwhile I’m wary of titanic foundation models destroying entire markets in part because of a copyright moat.
1. If synthetically crafted DNA can be patented, then why wouldn't weights be eligible for the same protection? Both are kind of similar in function, I think…

2. Definitely no. Copyright should only apply to things entirely crafted by hand IMO.
The troll in me wants to get a tattoo with one of these numbers on my forehead just to see what the consequences could feasibly be.