skysight-inc/HackerNews huggingface dataset:
Yup, and presumably they're a lot less worried. :)

If you use multiple banks, you have a higher risk of experiencing a bank failure, but it has less of a consequence on your operations, liquidity, and viability if it should happen.
Aramco: Saudi state-owned oil giant sees record profit of $161B
Many jobs that kids take (grocery bagger) are low productivity jobs that adults really shouldn’t be doing (and indeed, child labor laws have led to bag your own groceries being more the norm in many states).

Fast food is a good example. It went from a mostly teen job to a mostly adult one, are we really better off because of it?
I'm sorry I didn't use the word "reality" as to define some alternative interpretation or a better philosophical approach to valuation, but trying to see what you mean. We can even consider WeWork and a few other valuations on the edge, or of some obsolete past.

By reality here I meant that SVB caught itself having to liquidate positions to get, what I suppose is, enough liquidity to operate. Realised a significant loss, and the cashflow got aggravated when investors and depositors reacted to that information.

Reality that some (chief?) executive, based on perhaps unrelared reasons, sold a big bag of shares, and that information spread and caused further market pressure, followed later on by more run on the bank.

Reality that entering 2023 the fed continued to raise the interest rate and the tech sector saw further negative prospects, at least from the point of view of investors, aggravating SVB's situation. In particular when Moody
was about to downgrade the bank rating.

I don't have a crystal ball, neither did SVB, and its CFO surely is many folds better at strategic/tactical financing than I, but this series of events is although summarised the way it unfolded for them and I refer to reality calling back because, it doesn't matter how the books looked like or what philosophy was used in 2021, in September last year, or at the latest financial disclosure. Wires couldn't be honored and.. reality call happens. Not my reality. The reality, which i would call accountinglessly obvious.

About "the end" I don't see it that way at all. We certainly aren't dead. Death though already owns most of life and keeps growing relatively to the living. It doesn't imply we will necessarily all end up dead.

Lastly, back to the market and the demise of some major bank, or all of them if needs be, it matters very little to life. Not all that serious if you want my take on it.

Let's see what Monday morning got to say, reality is what it is.
China enters a new era as power centralizes around Xi
If you only deposited $1000 they are not going to give you $250k back.
> Is there any research or data about that?

Well, we’re probably 70+ years into a National experiment with it, and weights are only going up.
Bank regulation's job is not to create a magic world of unicorns and rainbows. It's to a) keep regular folks from losing their shirts due to the shenanigans of the rich, and b) to prevent systemic risk that could harm the wider economy.

Banks make money through risk. Sometimes those risks work out and people make money. Sometimes those risks don't work out and banks fail. This is capitalism 101, and to the extent banks are capitalist enterprises, there's no way around it. Government's job here is just to limit the damage.

If you want banks to be perfectly safe, then you are arguing for government-chartered, not-for-profit, non-capitalist banks. These are things that exist, but we don't have them here in the US. We could, if you really want people with millions in cash to have someplace perfectly safe to park their money, you can certainly argue for their creation.
How do I know if I have that?
They took their notebooks with them. That's why we need private models
To everyone talking about how they worked as a kid, the bill talks about industries with labor shortages, such as meat-packing and construction.

These are very difficult jobs and are also quite dangerous, it's not like being a store clerk. Working in a meat packing plant can bear a toll on your mental well being.

As a child, you can't be well aware of what you're getting into, and these industries can be predatory to their employees (big surprise as to why they are understaffed), by not respecting labor laws or pushing the limits of them.

Want your kids to work forced overtime attaching dead chickens to hooks in a fridge? I don't think it's as beneficial as working as a clerk. I wouldn't even be comfortable with kids working in kitchens, since these industries are predatory as well!
What choices were made by the thousands of employees who work for the startups who can no longer pay them?
> Ideally you should be a BMI 22, non smoking, non drinking, long distance runner living in the countryside eating a perfectly balanced diet.

I wonder what the attributes of the commenter are
1) If something is a TOTP application, does that mean it works with every TOTP application? I know that not all web sites work in all browsers, and not all USB-C cables work for every situation (and most SOAP servers seemingly didn't interoperate at all). I don't know and that search won't tell me.

2) Does GitHub focus on mobile phones because that hardware provides a unique id or some other feature that isn't available from other platforms? I don't know, and that search won't tell me.

3) I did that search just now, and the top links from Google were almost all for mobile (or paid ads). The main exception was https://en.wikipedia.org/wiki/Comparison_of_OTP_applications .

4) I start going through the list and see monthly fees, freemium model, one time payment license, and required hardware purchases. While others here pointed out a number of free solutions with licenses I'm already familiar with.

The Paradox of Choice is not my friend.
A head of cauliflower is not a meal
I also work at a startup. I have for much of my career.

I said in my OP that my view is that the startups themselves should be bailed out, saving jobs like yours and mine. The VCs should then forfeit their shares to the US govt, to be sold later, to offset the costs of the bailout.
What is the advantage over powershell?
> It turns out the majority of people are just incapable of empathy or logic.

This is an extremely solipsistic take if you actually believe it.
You summed up what dragged me from "Sure I'll learn to program a notepad or todo app so I can learn, but I won't" to "I can do anything if I think about what I want first, then how to get it!"
SVB did not put their deposits only in tbonds.

https://news.bloomberglaw.com/bankruptcy-law/svb-mbs-sales-m...
Reddit doesn't care, the average age of their user has decreased significantly over the past few years, which coincidentally also means a large part of the user base has no idea what it looked like before the redesign. The new users are happy with the instagram-style, image-based, infinite scrolling design.
Amen amen amen. I had always hated open offices. I was even ridiculed for my hatred for them. Heck il take offices if I could but I know I can't get too greedy! How did we ever start buying into it as developers? Was it just Stockholm syndrome. "Tech is the savior so everything we do must be the greatest"? Hope this trend continues to other companies too. I do wonder what startups are gonna do here. They do have cost issues and they didn't mind copying the fangs so it worked out back then.
I would argue that holding long duration treasuries in a rising rate environment and capitalizing before marking to market are two very risky ways to run a bank.
Extending the logic further, if housework is work, then is the workplace a home? In a home, the parents genuinely care about the 10 year old. Like if the kid is sick, the parents will allow unlimited time off for the kid to get better. If the kid needs to spend more time on education, the parents will once again let the kid take unlimited time off from work and pursue that. And so on. In a home, the kid's future takes precedence over housework.

Work is inherently exploitative. A parent-child relationship is not (most of the time. I know exceptions exists). That's why it doesn't make any sense to compare work and housework.
After halfway through 2022 according to the article's chart. Earlier, the chart shows that they were doing very poorly, like the UK (another country that tried the do-nothing approach before walking it back), until they also instituted control measures. https://www.aa.com.tr/en/europe/facing-covid-passport-mandat...
“ not that LLMs are anything close to intelligence.”

Well, that’s ridiculous out of hand. What makes you say something like that? If they feel intelligent, pass intelligence benchmarks and are designed to be intelligent— why not ascribe to them intelligence? Is it because they aren’t wet?
> So the risk to workers' livelihoods is being way overblown.

If the company you work for suddenly goes bankrupt, you're much more concerned about finding yourself unemployed in a not-great tech job market than collecting your last paycheck.

Don't forget how systemic this is. If your company goes bankrupt, it's likely a lot of similar tech companies also went bankrupt.
I think we're about 5 years away, maybe less, until company towns come back, as a "new and modern" solution to living costs crisis, you just have to sign a contract saying you will never leave the town unless you pay the debts to the company(and somehow your rent, groceries and medical bills are tiny bit more than what you are paid a month)
> about obesity like alcohol consumption: not "healthy", but potentially part of a sustainable approach to life

I would not classify alcoholism as a sustainable approach to life. Obesity, like alcoholism, isn’t sustainable because it accelerates death and disease. I equate “sustainable” with “not unhealthy”, which does not cover obesity.

What I have witnessed isn’t that those folks call it “healthy” but that they describe it as “not unhealthy”. This is incorrect and dangerous, as it deludes others into believing the same.
> they can change it.

Can they?

We agree that some fat people can change their weight to become thin. But do we agree that not all fat people can? For example what about people who have become fat as a result of side effects from medication that is treating other health conditions. Hopefully you accept that's not something those people can realistically change. Should they also feel bad about their bodies? I would say no. Now how do we tell which fat people we think should feel bad about their bodies and which shouldn't? Do we have a little health background interview with each one first? Or maybe we could just accept people for who they are, and don't make anyone feel bad for what their body looks like.

As for contagiousness, idk. I know thin kids of fat parents, and I know fat kids of thin parents. I suspect there's a lot more at play than a simple "fat adults make kids fat".
Body building at a professional level is extremely unhealthy because everyone is on an elephant dose of steroids and growth hormones. It’s probably the worst life outlook of profesional sports - much worse than just playing video games at home
FWIW - this is extremely common among other credit card point systems. Including airline miles, etc.

Not sure if this is really news or if it’s just another credit card company doing what credit card companies do.
this is why i love ts when not working for a megacorp. when the ts gets too cray i just nope out. throw an any or as in there and get on with my day. wouldn't pass a code review but i don't care
What's the advantage of this over PowerShell?
Brother, weight lifters literally eat sweet potatoes to put on weight
> They're not helped, but they're not hurt.

Sorry, despite your nice exposition I still don't believe it. If you really think a blue screen doesn't negatively impact acting performance then it would require some kind of scientific experiment to convince me.
JP Morgan's report addresses this (assuming it's comprehensive)

>SIVB was in a league of its own: a high level of loans plus securities as
a percentage of deposits, and very low reliance on stickier retail deposits as a share of total deposits.

https://am.jpmorgan.com/content/dam/jpm-am-aem/global/en/ins...
The creation of money should be a government function though. The weird hybrid system we have where we privatize the gains and socialize the loses is what causes these kinds of disruptions. With how much control China exercises over the banks, it is essentially almost a government function. I would be for getting rid of bank money creation. It just makes too many problems and creates the boom bust cycle.
> No one ever got fat eating only vegetables. But you can't eat only vegetables and get all the necessary nutrients(at least not easily).

Throw some eggs or lean chicken meat into the mix and you've got a complete diet that would be very difficult to become fat on.
half a million connections is about 500 times more connections than there are in a 6502, so structure clearly matters a lot
There aren't that many libertarians in tech compared to other areas, in my experience.

The difference is that some of the libertarians are very noisy about their politics, whereas most people in tech don't make that much public noise about politics.

When you combine that dynamic with The NY Times deciding that it has to denigrate tech as an industry and take it down a few pegs (a literal mandate from their editors!), the jerks gain prominence, and tech looks the worse for it. And I would say that the PayPal mafia's sins aren't so much being libertarian as just being awful people that are super easy to hate. For example, musk calling that one guy a pedo, or taking pleasure in firing people.

This assholery has now become synonymous with tech, but it is completely counter to my experiences in tech, but maybe I've just been lucky.
I don't see a lot of high school students (you can work at 16 with a work permit) working as it is. What makes them think they'll find a lot of kids under 16 who will want to work? On the otherhand, yesterday I filled up the car and the attendant who put the gas in (I live in Oregon, no self-serve) must have been about 80 years old. Pretty sure she was not well either based on the raspyness of her voice.
Touche ;)

It would be more accurate to say, the expertise and relationships that come with SVB, and the access to the market that SVB served... are worth something. Even if all of these are damaged.
The FDIC is looking to sell (actually give away) the business whole with the minimum possible contribution, they aren't differentiating between deposit classes, unless the buyer specifies that as a part of their bid, which is unlikely in the case of SVB.
> “This is a bailout”. It would be if shareholders were to get their money back

It would be a bailout of SVB shareholders if shareholders got their money back. But its a bailout of someone in any case.
One extra rich tea biscuit a day (100kcal) is 10lbs in a year. You don't know what you are talking about.
it's merely a different way to lay down the explanations.

it's not "in fact" like you say; you merely provide an alternative way to understand what's going on and to describe it.

it's incorrect to claim that either is wrong because of the other.

in the end, we gotta learn to have multiple ways to explain the same things and it's best to shift between these 'theories' of what is going on as it serves our purposes. It's stupid to have this alternatives "fighting each other"; see? I just have agency to the ways to conceptualize, understand, and explain phenomena.
So many of you are missing the point.

Children should not have full-time jobs, nor should they compete with the adults in the job market.

Period.
I use NameSilo but am 50/50 on it. Their control panel does not send a "Content-Type" header, which is effectively mandatory, and the support team flat out could not understand what I was talking to them when I was trying to point it out to them. It "worked" in Chrome and Firefox without add-ons and that's as far as their concern ended.
I read Deep Work. Twice. It has truly helped me in my life. I have done some really great work of my life using it: created value-adding solutions in Computer Vision, worked three research papers.

I am much more saner, calmer, and get more done because I adopted Deep Work philosophy in my life.

I would highly advise reading the book and judging for yourselves (for the people reading the above comment).
Why not give them experience working in high value jobs? Like software. I'm sure with some training we could flood the market with very cheap front end developers for example.
Same reason I'm scared of TV Tropes [1] links.

[1] https://tvtropes.org/pmwiki/pmwiki.php/Main/DownTheRabbitHol...
> Most businesses with a lot of money understand that bank failure risk is just one of the many financial risks to manage.

This is a poorer world than the one where it’s not, is my point.

What are you even supposed to do here, open accounts at 40 different banks when you get a $10 million check? That’s pointless silliness. Is this really what we want entrepreneurs to be spending their time on?
You just described these jobs as "low value", so what valuable work experience can be gained for teens? What are the work hours like for teens? Is the work environment safe enough for teens?

Teens aged 14 and above are already able to work relatively long hours under current child labour laws, so why are you speaking as if teens in the US are forbidden from any type of work? https://www.oshaeducationcenter.com/articles/child-labor-law....
I don't understand. The current labour shortage is, 100%, hands down, fully stop, start to finish, a result of boomers retiring.

This has been a known thing, an upcoming problem for decades. Everyone knew this was coming. Everyone.

Canada is trying to get out of this hole (the fact that there are 1.4 births per two Canadians), the "population collapse" hole, via immigration, with 500k immigrants per year.

That would be like 5M immigrants per year in the US.

For a comparison, due to the 1 child policy, China's population will halve before 2035.

China is in very, very serious trouble. The entire West is too, but China's trouble will be far worse. Japan keeps building robots, and mechanized walk-assist devices.

There was no "great resignation", simply a well known "great retirement".

Now, should people be paid a decent wage? Of course!! But that won't change this problem one bit, as there are simply not enough working age adults.

And to highlight this, not only do retirees reduce thr number of candidates available for work, they also require more care. Health care, end of life care, nursing homes.

Heck, expecting an independent 70 year old to shingle a roof, something a cash strapped 30 year old might engage in, is far less likely.

So a "too heavy" society is a major issue. And we knew it was coming, for decades, and did not resolve the issue.

For additional clarity, the world will be at about 5 billion at 2040, without war or plague.
You are missing the point I was trying to make. I was not implying that VC and hedge funds operate similarly or even have the same mechanisms.

I was trying to say that their success metric is the same: the total amount of dollars gained, not the number of bets on companies (VC) or the number of positions (hedge fund) that worked out.
https://codeberg.org/dnkl/foot/wiki#user-content-spawning-ne...

Maybe something like this could do the same? But could also rely on that specific terminal emulator
My apologies; I did confuse the two.

In which case, since you're not claiming contagion risk, I return to my previous point that there is no reason for taxpayers to bail out rich people who took a gamble and lost.
So much this. I can't tell you how sick I am of getting some dumb, poorly thought out health/diet advice from a skinny person who never had to lose a lot of weight.

Losing weight is actually really easy. Eat less calories than you burn, and be motivated. My first serious attempt I managed to lose almost 30kg. Sticking with it and keeping it low is really hard. Because every kilo you gain back makes you that much less motivated.

But if you're not motivated, no amount of fascile health advice is going to help. Motivation must come from within. And it can be hard to maintain.

The only diet advice I have from my experience: make a diet you like. If you hate the diet, it will never work. Dieting doesn't have to suck.
more or less. i wasn't asked n queens specifically, but i was asked to move a knight from one square to another.
but no, you're not supposed to solve it using the type system itself
While I wouldn't say fake work, "busy work with dubious value" holds quite true. Eg spending 5 months a year in the perf/promo dog and pony shows, cloning existing documents and deprecating older ones in the name of inflating artifact count, meetings to show case leadership and influence all point to this.
>There is literally no good case for JavaScript.

It's one thing to say that Javascript is massively over-relied on (I might even agree) but this is not anywhere close to a serious, well-considered argument. It's a joke.

I'm not interested in engaging further because extremist positions like this indicate that the speaker is not interested in meaningful debate.
There are not unambiguous statements, and the senator's statement is alone not sufficient to guarantee anything (he's one of 100 senators, to say nothing of the House). But if high level officials are making statements like these, it does tend to indicate that there's a significant chance that depositors will be looked after (perhaps not fully, but to some extent beyond the $250k FDIC limit).
You can, it's called veganism and lots of people do it.

However, you don't have to be that "extreme". Just eating mostly vegetables and cutting out all the obvious crap will do.

The fact that this is somehow unimaginably strict to many people just shows how completely fucked up our relationship with food is. Most of the foods that make us fat didn't even exist a hundred years ago (at least in its modern, highly processed form) and now people somehow can't imagine living without them.
What is the health effect to the pilots and crew? Are they not people and passengers, too? Without a stop there is no chance to change them for fresh employees. Sounds like a safety concern.
Similar trick for JSON-based web API's that returns either error message or result

async fetchApi<TResult = void>(request: Request): Promise<TResult> {
type SuccessfulApiResponse = { Succeeded: true; Result: TResult }
type FailedApiResponse = { Succeeded: false; Error: string | null | undefined }
type ApiResponse = SuccessfulApiResponse | FailedApiResponse;
const response = await fetch(request);
ensureStatusOK(response);
const result = await response.json() as ApiResponse
if (!result.Succeeded) throw new Error(result.Error || 'Unknown API error');
return result.Result
}
What if there were companies that would manage cash for you?

In all seriousness, you don't want small and mid-sized companies having to think about managing their cash. They have better things to be doing.
What I find shocking is that with this few comments there are already HN bros justifying or downplaying the significance of what is happening.

Or they are deliberately misunderstanding (I did work at 15) what is really happening.

The reality is that in some places democracy has died, politicians are now bought by corporations, who now run those states.

It makes me so angry how we are backsliding, losing our rights that have been paid for in blood.

At this point I just can’t believe people still want to subject children to this world.