skysight-inc/HackerNews huggingface dataset:
This comment touched on a lot of the wrestling that I’ve been doing for the past couple of years with my relationships to productivity, intentionality, and fulfillment. It’s a really useful perspective and validated some of my feelings. Thanks for writing it.
This Full Stack Open course from University of Helsinki Finland is phenomenal. https://fullstackopen.com/en/part1

full syllabus here: https://fullstackopen.com/en/#course-contents
SVB clearly got greedy. They looked at their models and decided that they should use long-term vehicles with higher interest rather than short-term vehicles. The core problem they had was that interest rate risk prices have changed a lot over the last year and a half, largely due to the fed, and they severely underpriced that risk.

Long-term fixed-income investments lose a LOT of value when rates go up and gain a lot when rates go down, and the relationship is nonlinear and kind of hard to model since it's so dependent on people.
Actually, most banks have mismatched duration. Accepting short term deposits in checking accounts and giving out longer term mortgage and business loans. SVB undertook a strategy that had a similar duration as issuing loans, and via a portfolio of govt treasuries - as safe and liquid as it gets (outside of interest risk).

The broader concern, with hindsight, is they had an extremely correlated/flighty deposit base compared to most banks, and that meant they should NOT have copied what other banks did. They needed to keep duration on the loan book much shorter and have much more liquidity/equity cushion.
Time zones and DST are obsolete. Is a world of smart devices, we can have 2D time zones which ensure sunrise is always at 6 a.m., by adjusting the time by a few seconds every night at 3 a.m. That’s not perceptible by humans, and gets us back to natural solar time, the way humans evolved to live.
Go pick a random one from the store?
My expectations is they will liquidate all current holdings of SVB, and probably half their assets are down 20% because of interest rate pummeling of long dated bonds, so maybe everyone gets a check on Monday or Friday for 90% of their total assets at SVB. Payroll gets made, most companies will be fine, some runways are a wee bit shorter.

I think fast is better than perfect in this scenario.
Who has to do this? Like give me the finances you are imagining
This is a great list. As someone super focused on making my life consistently better over time, the list here resonates deeply with things that I found have worked for me.
Having played college ball at an high end academic school a few thoughts here.

Last Chance U is great and a great insight, I really enjoy the show, and get heart broken for these kids. You can't really get schaudenfraude when they fail like other shows or dramas.

But there's a few things you may not have caught, which seems to be the same across most college sports and just exacerbates as you become more competitive/make more cash like a D1 school.

When I was in season I spent 5-8 hours a day on the sport. 3 hours for practice, 1-2 hours reading scouting reports, in rehab, working out, or watching film. On game day it was a good 8 hours if we weren't traveling, a full day if we were (longest bus ride was 7.5 h each way). We calculated that we spent around 3600 hours in sports over 4 years. That's over a part time job and nearing full time job while working.

This makes it real hard to get to normal tutoring sessions which are in the afternoon many places. Or to labs, or office hours, etc. At my school the athletic department (ad) just got the big classes to setup tutoring sessions in the athletic complex (ac). They were open to anyone actually. But we had better discipline (a coach would sit in on many sessions and deal with any disruptions) and better hours so we got some of the best tutors to show up. My physics 101 tutor had to move to the gym he was so popular.

Now move to Last Chance U... kids who have been failed in many ways by high schools who didn't teach them, parents, themselves, or just not being quite good enough to "make it" but not ready to realize that. They need a ton of help. This is very much the last chance for these kids at ball or making it through that avenue. Making it via sports is what 80% of these kids think is literally their only option. Tho there's the lineman in the first season was like "it'll get me a degree and out of the factory."

But if you pay attention, most of those sessions the players are at, they're for all of the students, who also have guidance counselors. The difference is just that the Athletic Department pays for a guidance counselor, and the coach is a surrogate parent for these kids (who happens to work there), and the GC and the coaches, they talk and these kids have to stay eligible to play or to go to the school. Normal students can ignore the GC, and fail out, and they're not on TV. The players can't.

If you haven't played school sports or don't have kids who play sports, a coach can often wield more influence over a kid than parents can. My friend just immigrated, his kid was playing sports, and my friend was lamenting his kid was slacking off. I suggested he email the coach. That evening the kid apologized to his dad and set up a study schedule he showed his dad and his grades went up a letter over the next month. Basically the coach brought the kid to his office during study hour and said "you're going to run a lot and your play time is going to go down if you don't get your grades back up." that's all it took. As a regular parent generally if you said "go run till you puke or realize you should get your grades up" you'd get laughed at.
The near future: you pay full price for a drug, your insurance pays full price, and you get a watered down or fake med.
I'm referencing the article.
> You do not want the government, which is supervised by politicians, picking who gets loans.

Yes that's why I said there's some value in having private credit creation. In fact, my comment was just lifted from this lecture by Randall Wray where he says precisely what you just said:

https://youtu.be/gI86w6bSmS0?t=445

Although correction to another comment I made: he does specifically say loans should be held by the issuer until maturity.
Yes, text-generation-webui has multiGPU support regardless of your GPU(s). They do not even need to be the same GPU. You can have an AMD 6900xt combined with an RTX 4090, combined with an RTX 3050, if you want. It makes no difference.
No, it is good enough. They knew the rules going in. No rrason to change them after the fact because it now personally affects them. FDIC will write checks up to 250k, and return any/all recovered funds to depositors.

We can discuss changing that moving forward, but SVB is already done and dusted.
There are a number of mechanisms besides the FDIC that are commonly used for depositors of this scale. You can even buy your own insurance, if nothing else.
No, Casey’s argument is that clean code is not good for performance. The counter-argument to Casey’s argument is that when performance matters, don’t write clean. My counter-counter-argument to the counter-argument to Casey’s argument is that performance is clearly missing even when it matters, so clearly developers aren’t able to figure out when performance matters, so the counter-argument won’t work.

Bob is saying:

doCleanCode()
// doUglyFastCode()

Casey wants to swap that around because it’s bad for performance:

// doCleanCode()
doUglyFastCode()

Responses say “fine, don’t do clean code when performance matters”:

if (performanceMatters()) {
// doCleanCode()
doUglyFastCode()
}
else {
doCleanCode()
// doUglyFastCode()
}

I’m saying “most developers implementation of `performanceMatters` is bugged, it always returns false”. My evidence is that “here, look at all these cases where
`performanceMatters`
should return true and yet we’re obviously getting the results of the
else
clause”.

You’re objecting that I don’t know the bad performance in a given case is because of a
`doCleanCode`
call, I haven’t looked at the source, it could very well be for other reasons:

if(performanceMatters()) {
doDirectDrawToScreen()
}
else {
doDispatchDebouncedStateChangeToUserInterfaceFramework()
}

Can you see how that doesn’t detract from my argument? We’re obviously never getting to the
`performanceMatters() == true`
branch of the conditional, so putting Casey’s suggestion in that branch of the conditional means we never do it. It does not matter if my evidence for “we never get to the
`performanceMatters`
branch” comes from statements that include
`doCleanCode`
or not.
I can't edit my above comment anymore but going back to the original lecture in which I saw this he does specifically say that loans should be held to maturity by the issuer:

https://youtu.be/gI86w6bSmS0?t=445

Presumably to avoid exactly what happened in the sub-prime mortgage crisis :)
Agreed about the New Yorker. Likewise, agree with the exact same description for the Atlantic. And I have bounced back and forth between them over the years.
It's always said by people who don't have to deal with it. If I had to wear a cast, or had a huge gash in my head, people would understand. But they can't see it, and they function fine, so it must be made up.
There are lots of good techniques for adding unit tests to an existing codebase that does not have unit tests without reorganizing everything from the ground up. I like Michael Feathers book, "Working Effectively with Legacy Code" - his definition of legacy code is simply code that does not have tests, so the whole book is more or less about how to solve this problem.

One technique he references that I find very effective is building "firewalls" between different parts of the codebase, and then unit testing those firewalls thoroughly. This means that you can isolate a bug to one part of the system or another, and drastically reduces the surface area to look at when trying to find why there is a bug or why a test is failing.

Edit: In fact, I've seen places in your D code that use similar techniques already - maybe just giving them a name makes a big difference?
TL;DR: "The question that should serve as a looping incantation, the one we should ask every time we drive past a tent encampment, those tarped American slums smelling of asphalt and bodies, or every time we see someone asleep on the bus, slumped over in work clothes, is simply: Who benefits? Not: Why don’t you find a better job? Or: Why don’t you move? Or: Why don’t you stop taking out payday loans? But: Who is feeding off this?"
it always does go on a diet. but people demand it protect banks, oil, defense contractors, jobs, hospitals, poor states, poor people, rich people, rich states, .... and so on.

you benefit from having the FBI, FDA, NLRB, FAA and even the EPA while people try to rob you, give you fake drugs, force you into endless debt and low pay, put you on dangerous crowded flights and crash railroad cars around you with cheap stinking chemicals that stay on your lakes and farms for years.

these companies would rather you shuttup and buy from the only two identical stores left who raised their prices.... and shut down the government for your own problems.

not theirs.
Even when not optimal, it’s good advice for the Intended audience “still pretty early in their journey”

> crypto.randomUUID is a method built into the browser (it's not a third-party package). It's available in all major browsers. It has nothing to do with cryptocurrencies
Right, the problem was greed driving risk
It's not totally true even for knees. Artificial replacement knees aren't as good as original knees.
They can't become addicts if they don't start abusing the drug in the first place.
Yep, precisely, Wray says as much in this lecture:

https://youtu.be/gI86w6bSmS0?t=445
what about his deficits?
A bit more tech and tech-impact focused, but I've enjoyed https://logicmag.io.
I think that there is misconceptions on what most people think as "bailouts". I think what a lot mean is that the usgov should just buy up all the deposit assets, and fund out the money, since its fairly certain that the assets are pretty close to deposits, but just wont mature for a long time, and in turn the bank is still dead, no more SVB.

A true, "bailout" would basically be that the bank survives, they are given moneys to make it through and then all the workers/deposits are screwed. ie. 2008
If you are serious about looking for solutions, you really need to consult a financial advisor who specializes in these sorts of things. They'll know where to find insurance. They'll also know of a variety of other mitigation strategies that might be better than insurance for your particular situation.
Ask HN: What reads made you a better engineer?
I'm currently reading 'Programming Clojure' and it looks promising.

what books, posts, or any kind of read made you feel that after that you learn something valuable to your craft? something that made you say to yourself 'I learned a ton from this author'

i’m trying to cut through the noise and seeking for community recommendations (it’s also well received the opposite - what texts or resources to avoid)
'Hindsight is 20/20' is an odd way to respond to a regular financial occurrence since the ledger was invented. This stuff is in no sense outside the realm of a responsible CFO's imagination
OPis saying that you should not use react in first place
I think the commenter is referring to the scale of functionality. Perhaps a better term would be scope.
Strongly disagree. Code is law and failure is personal are core and necessary parts of crypto.

Bring on the downvotes for not sharing your opinion.
My daughter started asking for a phone at 9. After just saying no a few time she stopped asking. Before we got her a phone she realize why we had been saying no. Her friends that had phones younger were already addicted to them to the degree that the phone was more important than friends that were physically present. It is my job to protect my children from danger. I see device addiction to be as dangerous as drugs. Peer pressure is tough to deal with but that affects all aspect of growing up. Not just keeping up with the Jones. It takes help to navigate that feeling of missing out.
The uninsured deposits at SVB are probably getting paid back 97-100%. That will stop the dominos from falling.
I built one with an AMD CPU. It certainly was emotional in terms of the dollar value of the parts but the build was straightforward and it booted the first time. I had a cable get caught in a fan which easy to fix and also had the liquid cooler LCD thingie get unseated which made the computer think it was in a crisis but the CPU was in no danger because the actual cooler was running fine.

I'd say jump in, the water is fine.
How much of a usability win is making things “real time?” Submitting a form and having the server do validation and render the error messages can feel just as fast. Plus, if you use the correct HTML input types the browser will handle the most obvious validation without any JS.

You have to do validation on the server anyway. Why do it again on the front end?
I don’t think of “anonymization” as a single thing. The requirements depend on the use case and sensitivity of the data. 100% full irreversibility is indeed a difficult task, but even partial anonymization for less sensitive types of data have value.

It’s kind of like the word “secure”. The threat model matters - what is being protected and from whom?
I'm considering going back to smokeless tobacco because of this sitution. For 400 years, the majority of the population used tobacco/nicotine for increased concentration. Over the last 30 years, that rate has declined, while at the same time, ADHD diagnoses have increased. Studies have shown nicotine is effective in reducing ADHD symptoms, so it seems that society's elimination of nicotine has revealed that it was covering up ADHD for all those years.
The ceiling for coked up bank managers is orders of magnitude higher than 120k.
Libcom.org is a wonderful place. I still benefit from it regularly after 10+ years of reading wide and deep, there. It's not very similar to Quanta though.
Decarbonization pathways for the cement and concrete cycle (2021) [pdf]
Recreational stimulants medications don't substitute for ADHD medications. You can always find anecdotes from people who think they're going to use some street drug as a substitute for ADHD medication, but it always ends poorly.

Proper ADHD treatment requires stable dosing. It's impossible to dose street drugs accurately due to the varying quality and different "cuts". Even with precise measuring, a person could end up dosing twice as much from one batch to the next.

I browse recreational drug forums occasionally to see what people are doing these days. Even the recreational drug users on Reddit will readily admit that trying to use research chemicals or street drugs for therapeutic purposes is a dead end. It just results in abuse-style patterns as people chase the high and subsequently crash.

If people are really struggling, the real solution is to try methylphenidate or the various non-stimulant ADHD options. The non-stimulant options aren't as "fun" and can take a few weeks to kick in, but they beat the stimulants for a lot of people who have the foresight to try them and stick with it. They also seem to be much less prone to tolerance over time.
Are you on other social media BTW? Thx.
well, on this basis, you can't trust your actual pc, laptop or phone either, never mind a hub.

if you don't want to spend your entire life living in a faraday cage, there must be some level of trust.
This thread is FASCINATING to read -- My brand of Adderall changed recently. I even more recently decided to try going off of it.

I miss it. Somewhere here wrote that it helped them be in touch with their emotions. I can give up the focus, I can give up the productivity, I can give up the impulse control. But losing the fast instinct to stick up for myself, ask for what I want, express my needs before they overwhelm me...

... it's a bummer to think that Adderall really was helping me and that it wasn't simply a matter of fixing my depression/perspective.
I don't think many people are qualified to assess the risk of a bank, and I don't think it's reasonable to expect founders to be able to do this. It's a bit like expecting people to inspect bridges before they drive over them (or companies to inspect the bridges that lead to their office buildings). We expect regulators to keep basic infrastructure working - be it financial or physical. As I said above, the State of California found this bank to be "in sound financial condition prior to March 9, 2023." The company was meeting its obligations with regulators. It then suffered a crisis of confidence which led to a bank run, which no bank can survive.

We also learned in 2008 that the private credit rating agencies cannot effectively assess the risk of what banks are doing either, despite that ostensibly being their entire area of expertise. So paying a company to assess the risk is out as a realistic option.

This was one of the 20 largest banks in the United States. If you can't trust the soundness of deposit accounts at top 20 banks that have been operating without issue for decades, your only rational choice is to move your deposits into the four "too big to fail" banks that you know the government will bail out in the event they collapse. Nothing else is safe.
Jeremy Grantham: World of Super Bubbles Has No Soft Landings
Not enough companies use these end-to-end tests you describe!
That's not going to short circuit or outsmart the risk model that its up against.

It's going to spit out the most creditworthy applications, so you can then generate your own... after you deposit $5M in the bank.

At worst you can slightly more easily reverse engineer the risk model.
On average, the compiled languages consumed 120J to execute solutions, while for virtual machine languages and interpreted languages, the value was 576J and 2365J, respectively.

This trend can also be observed in the case of execution time, as compiled languages required 5103ms, virtual machine languages 20623ms, and interpreted languages 87614ms (on average).
Banks depend on depositor's money to generate loans. How would loans be generated, then, if consumers kept their money with the central bank? Issuing debt is a key engine for economic growth. This would incur an extremely contractionary effect.
I follow college basketball a good bit and one interesting development is that the NCAA now allows student athletes to make money independently from scholarships (ie NIL name, image and likeness). Soon a lot of athletes (and programs) won’t require the schools funding for scholarships. Of course they will still fill up applicant spots
No, I am talking about regular night, which adds up to half of the year.
Rich nations are exactly like poor people. If you are lucky to grow up privileged, your path to success is very easy compared to someone who group up poor. Rich nations inherited the loot from slavery, and used it to power their innovation.

That is because Rich nations have the luxury to turn their attention and resources to the sciences and arts, once the basic necessities of life have been taken care of. Europe hardly made any progress during its so called "dark ages".

Yes, slavery as a mass industry became economically obsolete due to advances in science. That does not mean it was not very lucrative and beneficial to the those economies on the right side of it while it lasted. A study of human history is just one of the rich getting richer, and the poor getting poorer, until the next revolution comes about.
Thats my definition, I spent thirty years reading and thought I could do a better job. There is a real difference though between thinking this and doing this.

I finally published my first book last month, I don't care if it sells any, I think it is good and it will still be there long after I'm gone. I'm certainly going to continue now the dam has broken.
> This is what it must feel like when an artist finishes a painting or when a woodworker puts the final touches on a birdhouse.

No. It's what it feels like when you assemble IKEA furniture.
Right. My point in saying "all banks would fail if there were a run on them" is just that if for some reason, every depositor at JP Morgan were to decide to withdraw their deposits on Monday in favor of some other bank, JP Morgan would fail.

There are so so many reasons that won't happen, but the statement is true and is useful to keep in mind when thinking about banks and the banking system.
I’m not against indoor plumbing but it sure seems like it’s more complicated than a shallow hole dug in the ground.
> You're also not right that GPT can't produce anything novel. Here's a tiny, modest example

Actually it turned out it didn't invent any of the games in that article. You can just Google them and find out.[0][1]

Reading is not believing.

0: https://www.digitaltrends.com/gaming/sumplete-chatgpt-ai-gam...

1: https://www.novelgames.com/en/labyrinthsudoku/

> I won't waste my time, as I see you didn't read what you responded to the first time. But you need to start paying attention. You denial & empty confidence in what's happening will only get you so far.

Maybe he didn't read what you wrote, but you didn't even bother Googling the claims in the article you posted.
I put them in place everywhere I go, so I'm trying my best! I think in a lot of cases the value is difficult to see unless you maintain them as a priority - they can get out of date and start randomly failing, and that's when they go "the way of the dodo" in most organizations, even though a few hours a month of engineering time deliver significant, useful results for your investment.
We all have addictions. For some it is substances, other relationships, power, sex, gambling, food, etc. What if yours suddenly became really difficult to manage within the societal-framework-du-jour? Just don't start doing it?