skysight-inc/HackerNews huggingface dataset:
> because tech startups usually lose money at the beginning of their lives

Oh what a 2010 thing to say!

2023 startups lose money for all their lives. SVB was running a bad business banking almost exclusively to startups that have never had positive cash flow.
To be clear, are you saying the difference in orientation was introduced by the camera, or is there something more subtle going on here?
This would be a radical change in US banking policy.

It shouldn't be done in haste... and there's no need to -- if this does indeed shake confidence in regional and community banks and we want to preserve them, then we can do something to reverse that. (Much better, by the way, to see how it actually goes down so that the solution can be tailored to the problem.)

The fake 48h deadline is a dead giveaway this is a scam... that false sense of urgency.
All the people involved are institutional investors. 0% of people who have USD savings under $250k are affected by this. On the other hand, anybody who has a significant portion of their net worth tied up in cryptocurrency is affected by this.
interesting, why would that ever be the case?

Cash on hand would clearly help with a bank run and could be slowly invested in treasuries over a longer duration.
I was wondering if Apple Silicon would be uniquely suited for high-GPU-RAM tasks because it shares memory across the system. But I guess in this case it's a CPU model, so that's unrelated. Is that right? Do you think you could run these models on GPU instead?
It's common rhetoric from management when bonus targets aren't met, IME.
You're right installing an OS is very fast and that's not the problem.

It's rare that people don't need their applications installed and configured after a recovery?

I completely disagree in this respect for a desktop OS with applications. People want their system exactly how it was before a catastrophic event. When do they want it? As soon as possible.

They don't always remember how it was configured but just expect the end result to be as it was before a recovery.

Using tools like Puppet and Ansible are needlessly complex for the everyday end user when a simple system restore from an image can get them back up and running.
The real question is who is going to be the first person to post about scroll bar hijacking in this thread? ;-)
Would you take that bet? It’s likely that the exposure is similar in nature for their other assets
> prefer their family/friends/network than some hardworking rando

this is naive and badly mistaken. This kind of criticism on a very large scale is exactly the driver the flavor of business today; constant, ruthless and formula-driven partnerships taking control and demanding new 'opportunities'.
The EU was supposed to end the system (countries would choose to keep either their summer or winter time zones) but it seems to have become blocked. Just the UK having left with no political desire to do anything that looks like an EU idea, combined with Irish opposition to different zones for the Republic of Ireland and Northern Ireland may stymy it indefinitely.

In the meantime, all EU countries observe a summer time that starts and ends on the same day across the EU.
well, they are Mesquite bushes, but it's got leaves, grows from the ground, produces wood, and makes a bit of shade, therefore...tree.
There's no bailout. SVB is dead. People are pushing for depositors to get their money back. Which is, I think, reasonable.

Putting your company money in a bank account should be safe. We should regulate banks like SVB to make it more safe. We should also make sure when the regulations fail the people who use a bank, they can continue doing business.
Exactly I was being a bit facetious and it doesn’t translate well
SVB is a closely held organization in these funding terms. All the more reason VCs should be on the hook for the losses because managing risk is their business, their venture if you will.
You said "What about all the people who lost what to them was a lot of money in 2008, did the Gov protect them? I do not think so."

My claim is that the bank accounts of regular people in 2008 were in fact protected, since anything under $250K is automatically protected, in exactly the same way proposed here.

Investors certainly lost a lot of money in 2008. And investors in this bank will lose all their money too, since bailing out the bank's investors, or the bank as a business, is not being proposed by anyone.
Depositing more money than insured is a risky endeavor! They could have insured thr additional amount beyond the FDIC limit, but chose not to, now they want the government to make them whole.
No-one is saying this. Ackman isn't saying this. He says explicitly that depositors outside of FDIC will need to be paid through the sale of assets.

What he is saying is that the bank should be recapped (with existing equity essentially wiped out), the govt should put in place a support package to help with the sale of assets (that would likely be profitable for the taxpayer, as in 2008), and the franchise value (which is undoubtedly positive) should be preserved.

I do not agree with elements of this but the FDIC system isn't supposed to work proactively. The insurance element of the system is working, they have stopped depositors doing things that will harm the value of the assets, it is working.
> the only visible marker of the day---noon

Why don't sunset and sunrise count?
Why are you all so mean to each other?

I can see where the confusion comes from. 2% of YC companies could use SVB and 30% of that 2% can't make payroll. Or 90% of YC companies could use SVB and 30% of those can't make payroll. That's a big difference.
Why would you need to buy a new computer, if you just need more RAM?

..unless, of course - you are blessed with one of the devices that have RAM soldered on. I cannot express how much I dislike these devices.
This is great! I love seeing new open pdks. It's still a pain to use these for complex analog design, compared to something from tsmc or samsung, but every step is progress in the right direction.
For Founders: Keeping Your Cash Safe After the Silicon Valley Bank Collapse
But bailing out depositors here is essentially also a bail out of the next risk-taking bank that will go under sans a bailout. So, to some extent it does encourage long term risk taking by bank execs.
It hasn't been relevant for a while, it's a tiny percentage of the job market and only getting smaller over time.
I think you misread the article. What they did was:

1. Use Photoshop to blur a photo of the moon, destroying detail

2. Use a Samsung camera to take a photo of the blurred photo of the moon

3. The camera somehow emits a crisp photo of the moon, including the detail that was destroyed in step 1

It seems like the camera AI detected 'this is a photo of the moon', and used its knowledge of what the moon looks like to add the detail back in. Where else could the camera have gotten the detail from?
I don't think anyone involved with those is exactly in poverty. So there is lot more deserving people around the globe.
?!

You don't have to buy a whole new computer to add RAM to it, unless you're already hitting the limits of the motherboard, either slots or total capacity. And if you are, you should be able to get away with getting a new motherboard instead of a whole new computer.
SVB isn't getting a bailout. That company is gone. Their shareholders lost everything they invested.

Depositors don't get bailouts. That's not what bailouts are.
It is straightforward for this code, which is CPU-only.
Just treat these leveraged entities like SEC would have brokerages treat margin accounts. There are different leverage ratios counted depending on the risk of the position and if you don't maintain margin you get called and liquidated. Such regulations should be uncontroversial but I guess SVB lobbied for infinite margin and then used it!
Ok, so they paid you 72K year, plus employer side social security/taxes, benefits, etc. Call it 80K. Does that seem like a lot of money left over for other expenses?
Almost all customers of this bank are Silicon Valley tech companies and startups. Some of them will struggle to make payroll in the coming days.

Do you really think it's sensible to let healthy companies fail and people lose their jobs or keep working without getting paid because other people had to wait far too long to recover their 401k?

This logic of equal misery makes no sense to me.
Volume of customers, volume discount on materials, decades of experience working on optimizations of the workflow ( https://youtu.be/BPf22nRVy2I ).
FTA: “why implement such a potentially damaging recruitment policy? […] Second, the type of attritional, low-skilled warfare practised in the Anglo-French war, from siege to scorched earth, suited the potential military capabilities of these recruits.”

How do we know which of these is cause and which is effect? For me, it seems at least as likely that the available army influenced the strategy chosen as that the strategy was picked first, and an army recruited for it.
Idea for further testing to prove the hypothesis beyond reasonable doubt:

What happens if you manually add a few additional artificial details to your copy of the image -- like a trap street in maps. Does the camera slip up and show flawless moon instead?
The FDIC cannot backstop the remaining amount, that isn't how the FDIC works.

And the remaining parts aren't attractive if they have to be sold in order to meet demands for liquidity by creditors. That is the point he is making. Value in these situations is recursive, and can only be preserved if the govt steps in to break the doom loop.
Would love to see this as a "workboy" https://www.inverse.com/input/gaming/meet-the-workboy-ninten...
There would be a lot more room to pay people a living wage if we didn’t ALSO have to pay the government a living wage. I wonder, when you look at the cost of all the various required benefits, would employees rather not just get that in cash instead?

Genuine question: when you looked at the costs of “plus... well all the other stuff it takes to employ a human,” what did that add up to in CA?
I read kitchen confidential and it did a good job of convincing me to never work in a restaurant.

I still day dream about cooking somehow, since I enjoy it as a hobby. I snap back to reality kind of quick.
Not just audiences. Doyle killed off Sherlock Holmes because he was tired of him, and Chesterton for the same reason killed off Father Brown. But the audience demand was such that they brought them back.
I prefer that behavior. Integers should behave like integers, if you want the floating point division you should write 2.0/7 . Of course now that we have distinct / and // its less of a problem but then it becomes a problem of which behavior do you expect more often, integer or float.
You can also have even faster at home or at work - and at no cost. It amazes me that people "grab Starbucks on their way to work".
I have a similar attitude to hardware, but you don’t have to settle for a blurry screen as the x200 has. My approach is to buy used or refurbished machines from a few years ago. I spend < $200 on a machine that runs Linux fast and has a high resolution screen. One big advantage is that losing a computer to theft or breakage is not a big deal.
I love shellcheck. You can run it locally or via the web if you don't want to install it.

https://www.shellcheck.net/
Don’t let this think you need to do 100s of different exercises. A handful of good ones like squat, bench, deadlift, etc are all you really need.
Then don’t?
Warrant officers, not NCOs. But yes, this is the crux of it. New lieutenants go to flight school alongside new warrant officers, and then their day-to-day responsibilities rapidly diverge. The lieutenant becomes an administrator who, at best, struggles to keep up with the warrant officers in the cockpit for a few years. At worst, the lieutenant ends up in jobs (as a captain and major) where they don't even have flight-hour minimums anymore.
Its not that ”hard”. Either find a problem you yourself have, and need a product for. Or delve into a space/industry head on, interview ppl who have problems and find an idea that way.
"society" is a funny way of spelling "banking lobbyists and the politicians in their pockets".
When I was a kid my dad accidentally unlocked someone else’s car with his key and we drove away in it. I remember the backseats looking a bit different. Then my dad started complaining about the clutch and blamed his sister who had been driving it earlier. Then he opened the ash tray and it was full of cigarettes. We finally returned the car albeit in a different parking spot, got into our own car, and left.
This reads like an ad for MaxSafe.
Oh yes, good points.
I don't know if it's quite that simple. My (admittedly newfound) understanding is SVB offered outsized benefits to startups on the condition that you simply bank with them.
> I fail to see why you think it would take more lines to do in Python.

Because Bourne shell is not a Python-class language like Ruby or perhaps even Scheme or AWK are. Things that are easy in shell can be hard in Python and vice versa: awkward wrangling of subprocess.Popen in Python can be a single line of shell; simple tree munging with lxml in Python can easily be a hundred or more lines of wasteful xmlstarlet invocations in shell. Parallel processing, even without the heavy artillery of make or GNU parallel, is easy in shell but hard in Python. Structured data is hard in shell but easy in Python.

(Similarly, I wouldn’t use ML or Haskell to write a web scraper, and I wouldn’t use Python to write a compiler.)
I’m afraid someone looking to monetize it gonna make them an offer and then out ads on it.
It works better from the US east coast where it's a 6 hour difference. We have a big European office and 9am or 10am ET meetings work fine.
Hype on Hacker News and Silicon Valley (2016)
Sure, the "known" portion may not be getting more toxic, but an acquirer has to take the whole thing. The "known" and the "unknown" part you're talking about. As it goes on, people are going to increasingly wonder why no one has stepped in to buy what would otherwise be a pretty lucrative business

It's because there's a lot more bad assets there than people know or acknowledge, and most of the deposits (and therefore customers) are gone. And as time ticks on, that continues to get worse, even if it's just a perception of it getting worse that perception becomes reality
Disable JavaScript also works.
I regularly take photos of text etc because I am not going to remember it. If a photo of a config password is AI fucked into showing the wrong digits, there’s a real problem.
Wouldn't you think that depends on how many employees the business has?
Haha, the idea's all yours. Let me know how it goes.
What does it mean for the bank to go out of business if everybody gets their money back? That suggests that the bankers themselves did a great job turning high-risk bets with depositor money into no-risk bets. They may as well just reincorporate as another entity and do it again. (And if the have to personally retire because of regulatory "penalty", other bankers can still step in and repeat the same play until they're asked to retire as well.)
Even if you end up getting back "only" 250K USD, you end up being in the 1% of the world when it comes to wealth. That sort of cash is really not "normal" or "common" to have in a bank account, in the world at large. Looks differently in concentrated high-wealth areas like Silicon Valley of course, but still plenty of wealth compared to the rest of the world.
Reserves are but one tool in the arsenal and it's also for tightly managing the maximum leverage. If all your assets are not cash-equivalent and they fluctuate in value then there is no maximum leverage that can be guaranteed a priori and there is operational risk.
An impressive work of art to capture the attention of an entire network of leads who can afford to pay and certainly have machines strong enough to run this creative advertisement.

I would assume this is product-market fit or at least a good ROI for the work put into this.
> Why would you need to buy a new computer, if you just need more RAM?

No one presented such use case in this discussion.
This is pretty slick. Although somehow there is no interactivity on Safari/iOS except the pan and zoom?
„Next photo“ for instance in the photo binder doesn’t do anything.
There is no Pepe!
Fidelity has a program where they will insure up to 1.2M USD in FDIC insured cash: https://www.fidelity.com/why-fidelity/safeguarding-your-acco...

Otherwise I'd recommend reading from the source: https://www.fdic.gov/resources/deposit-insurance/ as there are lots of weirdness as one should expect from old complicated insurance systems ;)

But really, if you have more than $250k in cash, perhaps you should consider lowering your cash amounts. Certainly there are valid reasons to hold that much cash, but in general, most people probably shouldn't. If you put that cash in treasuries(even very short term treasuries so it's very cash like), you get paid interest for holding the bills, where most banks won't pay you much of anything for holding cash and treasuries are backed 100% by the US govt, unlike FDIC's 250k limit.
There was a pretty neat Google project a few years back that showed time-lapse videos of buildings under construction created entirely through publicly posted images that people had happened to take at the same spot over time.
They typically (at least where there's been documentation of the deal) where they limit their losses--one instance they sold the bank and guaranteed 20% of the assets. No way for them to misjudge that, they know the maximum they're going to pay out there even if they become 100% worthless
I haven't seen anyone mention one important reason for writing POSIX shell over other shells. The article implies it, but never says in directly: portability.

I wrote a 2100 line monster of a POSIX shell script. [1]

The purpose was entirely for portability. That script allows me to use a straight POSIX Makefile for building my bc. The combination of the two means that my bc builds without modification on any semi-POSIX system.

That said, it was hard. I basically had to constrain myself to POSIX utilities and still implement a template language. I got it done, and it was worth it, but if you don't have to, don't do it.

[1]: https://git.gavinhoward.com/gavin/bc/src/branch/master/confi...
I’ll post a link to an evidence bundle on HN soon. It will connect some dots linked to this.
I found it useful. If you don't have any loans, make a lot a money, have no kids or expensive hobbies, and you already are maxing out your 401K, it just sorta piles up over the years. It's nice to read something like this once and a while since I don't have anyone to ask. Like should I move it from my credit union to my investment account. Is there a difference in insurance between the two?
Ask HN: Technological Acceleration Anxiety?
Technological Acceleration Anxiety is going to become a real issue. Not tied directly to AI, but will run mostly parallel.
Individuals need islands of stability to plan, reason and enjoy the present. Rapidly shrinking innovation, disruption and adaption cycles are destabilizing
We had all hoped automation/AI would have removed the rat race of monotonous tasks.
Instead a new rat race of sprinting ahead of the technology curve to remain relevant will become exhausting without extended periods of stabilization.
Those who raise such concerns are often met by proponent solutions stating that the remedy is to be "upgraded" so that you can keep up.
This concept alone is disturbing from its own implications. However, if we play this thought experiment forward indefinitely.
It doesn't make sense. We still run into the question of meaning. What is technological innovation to infinity with never a moment of reflection?

Is the end result to become Marvin from Hitchhiker's Guide to The Galaxy? A machine that knows everything, but has no purpose?
the scrolling is giving me motion sickness
AIUI, both the EU and the US primarily rely on Basel III for regulations, which means there's no meaningful difference in collateralization requirements of banks.

Okay, there is one meaningful difference: larger banks have higher requirements, and since the US banks tend to be larger, that means that the US tends to have higher requirements than the EU...
> You don't have to buy a whole new computer to add RAM to it, unless you're already hitting the limits of the motherboard

Right.

Do you think that anyone interested in using RAM drives and willing to spend money on hardware wouldn't have already considered using freely available software RAM drive?
Most likely is. That’s pretty much Nerdwallet’s business.
Ask HN:The Problem of JavaScript
Why do we keep torturing ourselves by using Javascript? Don't get me wrong. I know most of the problems in this context are subjective, But my question is more of a fundamental question. And by this question I'm not seeking an idea for creating another Specific language. We already have so many great languages to revive. I think this is the time for programmers to think this through. Because our technological world which is build upon a code garbage garden is already at its worst. Please discuss this matter. I'm actively looking for discussion around this topic. Many Thanks.
Does the EU require 100% _liquid_ collateral? Because European banks are also at risk from bank runs. Any bank that makes loans is.

SVB (probably) more than 100% deposit collateral. It just lost value very quickly.
> Why use Octave instead of R, Python, or Julia?

I use Octave daily, for many numerical tasks (and also python and julia). It has some advantages with respect to Python:

1. The sparse linear solvers in octave are considerably more performant than those available in a default scipy install.

2. No need to import external libraries written in other languages just to multiply two matrices.

3. Translating a formula from the blackboard to octave is really straightforward. This is often not the case for numpy.

As for julia, the base language is even better than octave. However, it is not as useful for one-off scripts due to the slow startup time. You can use octave as a calculator for your shell scripts. For instance, one day I had to warp a collection of images by a collection of affine maps; the affine maps were the product of two matrices stored in individual files. Thus I wrote a three-line shell loop that called octave for each file and did the deed. The loop processed 200 files in five seconds (even without parallelism). In julia this would take a few minutes.
There was also a small adapter box for the Apple Mac II and Mac Quadras with Apple Desktop Bus (ADB) connection. One could use then the Symbolics keyboard and the three button mouse (made by Logitech) with the MacIvory, a Lisp Machine on a Nubus board, and use it with the Genera OS running inside a Mac.