skysight-inc/HackerNews huggingface dataset:
> I know this is (was) downvoted a lot, but I understand this sentiment. If you read the comments above, it’s a “sky is falling” situation for many startups in the Silicon Valley sphere of influence. How is it that the silicon valley tech ecosystem could be in a position where one singular bank failure could wipe out so many startups?

From most accounts it seems to be a very tight ecosystem with a lot of close relationships between VCs, service providers, and serial founders. Very easy to see how it could develop high-impact dependencies that are very close to single points of failure.
I did not state anything about „problems“. Not sure what you refer to.
Most of the raw material used is available for free with no copyright on the internet, though. I have no desire to charge for my posts that are mainly for my own reference. Nor do the people who are answering on stackoverflow.

But when all those are harvested to cause mass redundances there's a difference. But, at least with those two cases above, essentially reference material and technical answers, I doubt there's a copyright problem.

What could regulators even do? Force the model owners to regurgitate source material references? Force the model owners to pay a small fee pemr post used? Difficult when most of the material is freely available online with ads.

Besides a lot of the material will come from third parties who have scraped the posts. A whole branch of regulation could appear to try to track the source material which has been put online for free. Or even scraped and then put online again sans copyright to be rescraped without the need to pay anyone.

Maybe we can ask ChatGPT to search its databases for its own sources to its own answers. And even check the source is the original. Problem solved I guess... Feed the overbrain and it'll throw you some pennies while it's used to do you out of a job.
If they are sitting on excess cash, they can lower interest rates on deposits.

The point is that when banks receive deposits, in the short term, their assets/liabilities doesn’t change.
> Nitrokey 3 claims that GPG smart card support is planned in an upcoming firmware update. once that's released I may bite the bullet on shipping costs and order one. 55€ shipping to the US for a 49€ key is cost-prohibitive for the most part.

They have been claiming many things. I pre-ordered a Nitrokey 1.5 years ago, still haven't received it, and apparently during this time they have not implemented much.

https://www.nitrokey.com/blog/2023/nitrokey-3-status-update-...
They can be highly fragmented and still have plenty of common ground (which is what they need to focus on, but the corporate State has been very adept at weaponizing identity politics to prevent this). Tankies are a tiny minority.
"Interpreted C?" (2019) <https://www.tuhs.org/pipermail/tuhs/2019-May/017790.html>

"The ups Debugger" <https://ups.sourceforge.net/>
Same can be said about the politicians... do what the people want, if you're unsure, hold a referendum, and people won't protest in the streets and you won't need bodyguards to go outside.

On the other hand, on a venn diagram of what creates violence and (anti government) terrorism, they're causing more and more overlap of ever larger circles.
As Michael O'Church often said, the VCs and (SV finance more generally) are the people who couldn't make it in investment banking or private equity

Mind you, the FT comment section is always full of people who predicted stuff like this, rather like the comments on breaches around here.
Do your own psychology homework.
We bank with SVB and our funds are now frozen. This is going to be an incredibly painful weekend of waiting for news. For anyone else impacted, wishing you the best - stay strong.
If your company is economically unviable, it's going to eventually fold anyway; that's not the workers' fault. But if it's profitable and just has fallen temporarily behind in payroll, then it's not like it has to pay back wages all at once, it can make arrangements to pay them back over a period of weeks or months. But what it can't do is just decide not to pay people for the work they have performed.

People are acting like there's some set of circumstances that makes wage theft reasonable. Situations where management forces the employees to work for free under threat of being fired are exactly why the corporate veil should be pierced in these matters.
I find it funny that the anti-human comments are paired with how amazing the future is going to be when we don't have to work anymore.
> But his main point is that debuggers distract developers from seeing the problem as a whole rather than just understanding what's going on the vicinity of that problematic line. So, the debugger incentivises small, targeted fixes rather than bigger solutions for more systematic problems.

Said differently by other old beards in this classic of Ken Thompson & Rob Pike: https://www.informit.com/articles/article.aspx?p=1941206

> When something went wrong, I'd reflexively start to dig in to the problem, examining stack traces, sticking in print statements, invoking a debugger, and so on. But Ken would just stand and think, ignoring me and the code we'd just written. After a while I noticed a pattern: Ken would often understand the problem before I would, and would suddenly announce, "I know what's wrong." He was usually correct. I realized that Ken was building a mental model of the code and when something broke it was an error in the model. By thinking about how that problem could happen, he'd intuit where the model was wrong or where our code must not be satisfying the model.
>beyond Chinas historical borders.

A civil war tends to be aggressive.
The antenna was fake anyway.
There is absolutely no evidence people above FDIC limits will recover “80-90% of the capital”. It’s a guess, a crapshoot, and it’s not taking into account historical loss rates for banks of this size that were seized by the FDIC. See also: IndyMac, WaMu, etc.

And whatever they do get back above FDIC limits, it will not be immediate. Months at a minimum.
Neither article mentions a "deputy gang". It just talks about ordinary police misconduct and corruption, which happens anywhere. It never mentions corrupt police forming a gang with an identifiable name, emblem, membership, etc – which is something I've never heard of outside of the US.
I feel like blockchain got a lot more real use than VR. Though both were aggressively pitched as solutions in nonsense ways.

ChatGPT is being used by common people in practical ways, not just going "wow." It's already proven itself.
Should really have saved that name for a concurrency library, so you could use Oxy-continuations.
I program in a hybrid of C/C++/Objective-C/Objective-C++/Swift and can use conditional breakpoints in all of those languages in lldb and Xcode. There's nothing special about conditional breakpoints that makes them not work in compiled or static languages.
Tan, Sacks, etc are basically practicing "never let a crisis go to waste"

They only want to rig the game in their favor. These people weren't advocating things like tougher bank regulations that would have prevented this. They just happen to be on the losing side now and want a bailout.
On the one hand, the author is correct that rent-seeking on Akzindenz (a font that predates Helvetica for godsake) is some crazy bullshit. On the other, modern typographers are some of the lowest paid graphic artists out there. Doing a gazillion glyphs, balancing weights, kerning … it’s a ridiculous amount of work
OK... so at best you wind up with 50 independent state ID systems (although probably fewer, some states will absolutely refuse), none of which have any value outside their respective states (although more likely some do and some don't,) and no political will to integrate them into a single Federal system, out of unreasonable fears the US government will hunt down gun owners and put Christians into re-education camps, and more reasonable fears they might do those things to anyone else. Then what?
This whole discussion around bonds makes me feel like I'm either too stupid or too smart, because it does not make sense to me that SVB would not have any sort of hedging around government bonds?

I don't know much about US bonds, but Brazil issues 3 types of bonds: fixed rate, inflation-indexed floating rates and interest-indexed floating rates. It's common sense between investors you need to hold a mix of the 3 to hedge against macroeconomic changes, that way the term does not really matter that much: if inflation skyrockets, it's likely the government will increase interest rates to compensate, and so on.

Is it that much different in the US or has SVB simply failed to choose the bonds they bought carefully?
One of the reasons I got a reMarkable. Effectively infinite pages. Writing can be copied and pasted or moved around. And I don’t have to worry if I’m wasting paper or ink.

I don’t think I’ve ever used the search feature.
You could basically say the same thing about any super power: the US, the UK, the USSR, etc.

None of those has the same longevity of empire as does China however.
Can you link to a 100% correct explanation?

Can be in any format.
> A mathematician named Kantor

Cantor. Georg Cantor.

> And that kind of infinity is called, well, countable or aleph sub(0). It's like O(n) in algorithms.

It's not really at all connected to O(n), and only tenuously connected to Big-O notation at all. Big-O notation works over integers or reals, or even some other (possibly finite) sets. It doesn't make sense to say O(n) is countable any more than it makes sense to say that the line "y = 2x + 7" is countable. What would that mean? Especially if x and y are real numbers?

> our favorite transcendental numbers, you know them, pi, e, psi, that lot, are not part of that. Neither are multiples, or fractions, of those numbers.

True for pi and e, but what is psi? Do you mean phi, the golden ratio? Or do you really mean psi, the sum of the reciprocals of the Fibonacci numbers (I had to look this one up)? The golden ratio (phi) is not transcendental: phi * (1 - sqrt(5)) is -2. It doesn't look like it's known whether psi is transcendental or not.

> At any rate, possible physical distances are uncountable.

There's no particular reason to believe this is true, and some reason to believe it's not. Look up the "Planck length"; below this length it's not clear whether the concept of "distance" is even meaningful.

> And living things with brains have a (probably) countable number of neuronal interconnections ...

Not just countable neuronal interconnections: literally finite. Neurons have finite size and your brain isn't infinitely large (sorry).

> ... each of which depends on uncountable physical distances.

Pseudoscientific mumbo jumbo. Not even wrong. Literal nonsense.

> My question: is this digital infinity countably infinite? Or does it go beyond that?

It is countably infinite by definition. It's isomorphic to the free monoid over the (finite) digits.

> Does this countability matter to our understanding?

No. Uncountability is a curious feature of our model of real numbers. All models are wrong, but some models are useful. There's no real evidence that the uncountability of reals is an actual useful feature of that model, and not just a curious edge-case artifact. Most likely there is no physical analogue to uncountably infinite sets (my opinion, obviously).

Am I nitpicking you? Details matter. You seem pretty careless with your facts here, which is a great way to accidentally spread disinformation. Maybe try to be more careful in the future.
Because corporate financial education isn't part of the YC curriculum and most small companies don't have CFOs.

Large companies and smart individuals keep cash reserves in pass-thru depository products like CDARS which do exactly what you describe. You have a virtual account at Bank A that shows your balance, but the actual money is stored across hundreds or thousands of other banks across the US - each holding less than the FDIC insurance maximum.
Cloud requires a giant team of people working on cost management for any none trivial project. You ain't saving headcount.
This gives me flashback of the Apple attempt at crack this nut. PDFs, PDFs everywhere.

> edit 2: does the background music not loading/working prevents the cook from cooking and the waiter from bringing food ?

The cook is busy fixing the Sonos system, your lasagna will have to wait.
The cops weren’t involved simply because of someone giving someone the finger.

The person was accused for making death threats and that’s what the arrest was about.
Programmers like a single source of truth — until duplicating data is necessary for reliability (redundancy) or performance (replication).

There is a reason why planes use 3+ CPUs running the same code, or why Google runs more than just one cluster of search.
> He’s actively pitching for government intervention and bailout.

FDIC takeover is a government intervention and bailout. One systematically programmed and under rules laid out in advance, but an intervention and bailout nonetheless.
> My kingdom for the ability

Then, for your kingdom, you will be able to afford building an app that plays YT videos only if matching some regular expression based on your whitelist. You can apparently stream YT videos through the ExoPlayer library or other tricks, see e.g.

https://stackoverflow.com/questions/29607104/how-to-play-you...
SVB (Parent of Silicon Valley Bank) Q4 2022 Investor Presentation [pdf]
Funny that in threads about crypto companies failing everyone cries about "this is why we have regulations and safety valves in the financial industry!" but now when these are in force people cry about the safety valves and regulations existing, and how the companies should just be allowed to fail
I was thinking of pre-Twitter Musk. I'm not sure what game the clown is playing now or even if it's a game at all anymore. It's so bad that it's almost like a trash artistic performance. GG Allin billionaire.
No, please do not even try to imply that this was the Fed's fault.

They did not raise "suddenly". The move away from ZIRP was well telegraphed. Once they did the first hike the only question was how fast and how far. Most in the market initially expected an end rate around 3% (ie, 100bp over their target inflation rate of 2%). As it became increasingly clear that the inflation was not just about supply chain disruptions that end rate target went to 4% and higher.

Further - every bank has a team with one responsibility - asset and liability management. They are responsible for not just the product choices (ie, MBS vs Treasuries, etc) but also matching durations. The Treasurer of the bank is also responsible for oversight, including whether or not any of these positions should be hedged and to what extent.

This is entirely on the bank staff and management.
420 with just a few extra zeros added on, eh? The hilarity just never stops, does it?
I'll do so but being honest my email provider is often understandably blocked due to its roots and affiliations with 4chan so I'm not usually surprised when it is blocked - but I found it ironic that I'd have to create a throwaway email to avoid using a throwaway email. :)

The game was pretty fun! I think I ended up finding a prompt that could be re-used to break every level but I wasn't able to figure out one that broke it from the start. :(
Just something to consider…

A casual look at the regional bank index ETF will show that starting about two weeks ago, the price started to steadily decline and then a sudden drop with SVB. I’m not sure if this decline is well correlated with the total market index over the same period, but if not, it suggests that some people “saw this coming” a couple of weeks ago and the other shoe may still need to drop. Was it just good analysis? Was there some whispering going on? If so, I hope the SEC is watching.
In SVB’s computer.
All this daily anti musk rhetoric veiled in pro science narratives and not one comment on every other entity milking academic budgets. There’s plenty of examples.
topology > continuity > calculus
I'll add on an extra layer of disguist: cash management accounts exist. They've existed for a long time. They serve literally to hedge against the risks of bank failures by automatically sweeping funds in them between multiple FDIC member banks to:

1. Increase the amount of funds covered by FDIC insurance

2. Reduce the potential for loss of funds by a bank failure

I get that it's a pain in the ass to manage a bunch of accounts, but any business with >$1mm in cash reserves really should have everything but their operational float in a CMA or manually move it around themselves into multiple banks. When I see comments about a startup that had $x million in cash with SVB I have to wonder what the hell the founder and their investors were thinking keeping all of that in a single place.
Copyright is about monopoly. That's the antithesis of freedom.

Copyleft is a hack that turns monopoly inside-out. All for one, and one for all.

Without copyright, copyleft would be fundamentally broken. But that isn't the whole picture: anything under a permissive license like MIT or Apache2 would see the same result they implement today. Those are part of "open source", too.

And we could certainly come up with a different system to maintain copyleft: we could make regulation that preserves a user's right to edit their software, and bans practices like DRM and intentional incompatibility. That's what I imagine the "open source movement" would look like if it were brought to an extreme logical conclusion.
To make the "junk DNA" argument for the laryngeal nerve is stretching credulity so much that you're clearly practicing motivated reasoning to argue backwards from a conclusion.

(I have to assume you must not know what the laryngeal nerve point is even about. Google "laryngeal nerve giraffe". Also try "blind spot why do octopus eyes not have it".)

Apply this type of thinking to anything else, and you'll never arrive at accurate or useful outcomes.

You're just deluding yourself.
Based on the article, it sounds like initial applications are possibly worn devices or other small devices that use rechargeable batteries. The mechanics of being worn, or possibly even creating air convection by lining a heat sink with this stuff, might allow it to access sufficient airflow.

That said, it'd be interesting to find larger structures that could take advantage of natural convection where wind turbines or solar panels might not be terribly suitable, but that's probably a bit of a pipe dream; I doubt this stuff can both work and be exposed to challenging environmental conditions (dust, snow, freeze / thaw cycles, rain, animals scurrying around on it, etc).
Its not a perfect utopia, but its not nearly as dire as you suggest.
Much of the Silicon Valley ecosystem are these sort of tight loops: VCs / law firms / banks / accounting firms / HR firms / marketing agencies / senior management / key hires / etc. It's a tight clique. If you're in with the right circles, you're in with all of it. For a community that prides itself on innovation and disruption, there's remarkably very little of it when it comes to operations. Much of it is herd mentality, from the investing decisions to even the structure of HR. C-level execs also float between these circle of companies, bringing the same decisions with them everywhere.
You normally have and you should have a fido2 pin, which is just a password. A thief would need your laptop, your security key, and the fido2 pin.

Here is an article (from yubico) about fido2 pins:
https://support.yubico.com/hc/en-us/articles/4402836718866-U...
If you are risk averse have your money at a big global systemic bank with a big customer base and therefore deposit base, not a bank focused on holding money for high-risk ventures.
It also sounded unmanageable the first time I heard the idea of consistently replicating databases across clusters in multiple availability zones, but ultimately the vast majority of tech companies nonetheless decide it's worth going through all that trouble to avoid existential risk in the event of a SPOF.

I'm curious about the calculus that makes this tradeoff non-worthwhile when it comes to squirreling away an emergency payroll fund in a backup bank. What about that is unmanageable?
Is this from personal experience? I can tell you a lot of East Coast, Southern US, non-Silicon Valley and non-US Startups have no problems finding banking partners outside of SVB. The adage that only SVB knows how to bank startups hasn't been true for decades.
Yeah, it's called the Bay Area.
And they say it's Microsoft that is bad at naming their products.
Given the timing one wonders if Silvergate had more impact on SVB. SVB claimed to have minimal crypto exposure, but one wonders what might come out as the FDIC digs deep into their books.

But mostly this was because they bet the farm on long duration bonds just before a period of rising interest rates. It's not like nobody saw that rising rates were on the horizon.
I disagree you can do that without much time investment. The time investment is in learning, not executing.

If you're a junior by definition you don't understand how to operate outside of code very well or at all, and you are still learning about operating in code.

Trying to learn multiple skills at the same time is always tricky. Most people struggle to get good at one thing at a time, let alone multiple.

Unless you are already becoming a more independent coder (I.e. 1-2 steps behind this point), stacking non-coding skills on top of that seems like a bad decision unless you are a very quick learner and can juggle multiple new skills.
BlockFi has $227M in Silicon Valley Bank
I'm building a new front end for my WordPress site in Next.js
SF payroll firm Rippling has to delay payouts after Silicon Valley Bank collapse
The Twitter Files come to mind.
You're on a site with "news" in its name. The word news can be defined as "information about things people did".
Judicial opinions are often colorful.
All analogies eventually break down and end up doing more harm than good. Just teach the topics well. Part of knowing something is being able to communicate it effectively to others.
> Middlebrow dismissal

...In Argument Theory. Not in the current context though, as the poster (hi there) expressed something quite different. Details around, if the original post does not suffice.
By the way I got a chance to try the soda, it's very good!
I don't see anything positive coming out of academia having access to the Twitter firehose.
Dogs Demonstrate Creativity, Too
naked swimmers.
So ... San Francisco USD has had payroll system issues for more than a year which have continued to cause staff to sometimes not be paid, and sometimes be underpaid. robbiet480 said that the _corporate_ veil is pierced and so manager and investors are personally on the hook for SVB-related payroll issues. Should school principals, the superintendent or London Breed be personally on the hook for making up shortfalls? Are they literally committing a crime every pay cycle that the bugs in the payroll system continue?

https://www.kron4.com/news/bay-area/sfusd-still-struggling-w...
> but these are _bonds_. You aren't suppose to lose anything.

If you hold them to maturity. If you sell them early, not so much.
To save people the math, that's 260 k$ in cash compensation (or ~mid FAANG L6 tier).

I am confident in saying there were not many making more than that.
I don't think I even knew back then (didn't care!) but from Wikipedia it's interesting!

> "The group was founded as Razor 2992 by Doctor No, Insane TTM and Sector9 in Norway in October 1985 as a Commodore 64 software cracking group. Shortly after, they changed from 2992 to 1911 which translates to 777 in hexadecimal."

Next question might be what is 2992? My best guess is it's b00b in little endian hex?
It's mainly the country "catching up". One would think development of China helped more than just a "few elites in their country".