skysight-inc/HackerNews huggingface dataset:
I'll turn that right back around and ask if you considered any of the chatbots of the last decade to be "intelligent". They "felt" intelligent enough to pass Turing Tests. Nonetheless, nobody was saying it was ridiculous to conclude that they were only superficial representations of intelligent behavior.

I don't call any of the ML models that I create "intelligent" - I call them probabilistic. Feigning intelligence with probabilistic methods is nothing new (eg ELIZA). If you can scientifically demonstrate that feigning intelligence is equivocal to de facto intelligence, with something more than "feelings", I'll be happy to read your write-up.
In the end, the user is served HTML and CSS.

If your output is HTML and CSS, you are full-stack dev. There are frontend-heavy full-stack devs ignoring backend with Firebase instead of proper backend. Nobody is telling them they aren't full-stack. So let's stop calling developers backend when they provide backend-heavy solution with a bunch of jQuery plugins or HTMX app.
Positions that claim depositors in SVB should not be made whole must be missing a whole lot of context.

There is a sequence of screwups here by the government and then by SVB which led to this, and it makes zero sense to have that impact depositors who manage the critical innovation infrastructure of the US.

The backdrop that led to this includes the government printing way too much money, which induced a ridiculous bull run and coupled with supply chocks caused high inflation. The Fed failed to react quickly enough partly for political reasons, eventually leading to a jarring about-face with the sharpest interest rate increases in decades.

Meanwhile the bull run led to an increase in deposits to SVB, which SVB needed to put to work and bought an outsized low yield 10 year bond which plummeted in value once interest rates spiked. This was indeed a poor decision by SVB and along with the drop in new deposits from the interest rate-induced VC slowdown pretty much sealed their fate.

Once SVB share price dropped 50%, depositors acted rationally to pull their uninsured funds. It wouldn't have mattered whether VCs chimed in or not, the bank run would happen regardless in a matter of days (there were plenty of red flags that the price drop exposed widely).

If experts in finance/banking didn't see this coming, why would small business depositors be expected to? If diversifying across regional and "too big to fail" banks were such an obvious issue it would have been baked into every VC funding agreement, but it wasn't (but I'm sure it will be from hereon).

Which startups/VCs bank with SVB is basically an arbitrary choice (in fact the standard one), so what would be the point of punishing large swaths of the critical innovation industry that happened to do something considered as the industry standard? Making depositors whole is not a bailout, it's a backstop for the inevitable crack in the economy that the aggressive/clumsy Fed induced.

If this doesn't get resolved immediately, the US can pretty much say goodbye to any form of long term dominance, economic, military or otherwise.
China’s BYD blames Brexit, rules out UK for first electric car plant in Europe
Simply put, I think this kind of attitude is based in economic resentment. There's a whole part of the US that hasn't seen much benefit from the unbelievably successful startup world.

I remember when people used to go build something useful themselves instead of complaining about the success of others. Why don't we try to get back to that kind of culture?
Could Microsoft, Apple, Google, or Amazon place a bid

Strategically, a consumer or cloud co w/ a banking arm might make a great strategic position. And the new relationships with the customer base of SVB could accelerate the acquirer

Not to mention all the bundling..
This applies individual-person logic to a company. Maybe a person can have a bunch of separate $200k accounts, but it would be strange for a company to do that. If you have a dozen engineers, that's just one month's payroll. I would expect a company to have some buffer in its bank account, not to have literally 100% laddered rigidly in T-bills.

This also doesn't reflect on the fitness of the companies in question. If you're starting a software company, you should be able to go to the bank and it should Just Work. If it doesn't, that's the bank's fault, not yours. You shouldn't have to think about the average duration of the bank's bond portfolio, or about how many interest-rate swaps it has on the books. That responsibility and risk should go with the bank. That's their role.
Do you think most entities socialize the cost of their finances by just dividing up millons to billions between infinite banks and customers of this bank are the only ones not doing this? This seems unlikely. What you are proposing would obviously cost more money in practice else it would make no sense for you to propose it.

Lets take it another way. Why not limit FDIC insurance such that its harder to stack them and derive more benefit?
Fair point.

But how often do you make those kinds of changes in any of your scripts and not have to change anything? For me, exactly 0 times
Garbage piles up in France’s ‘City of Lights’ as pension strikes continue
> The Fed is raising rates and we are taking our medicine.

Taking our medicine would imply there are market consequences. It seems the typical gov reaction is some form of bailouts to the high end of the market combined with regulation to further limit the market to a few giant monopolies.

All the matters to people is not ruffling feathers, a sense of security, not about actually solving the root problems that SVB took a massive gamble on mortgages and no one seemed to care.

Gov focusing on helping the depositors is fine. But it sounds like the vast, vast majority of SVBs depositors will be made whole. So that's probably not even necessary. The Yallen stuff is most likely about calming the market, not direct intervention.
> “This isn’t a systemic event. This is a midsize bank that was badly managed,” he said “It may be a little messy. But that’s different than if you have somebody at the core of the financial system stop making payments to somebody else at the core of the system and then the core implodes."

This is the dilemma for any nascent panic. Do nothing so as not to alarm markets, and the thing goes down the tubes, potentially dragging many others along with it through a chain reaction.

Do something and spook the markets because you need to explain why you're taking the extraordinary action.

This was exactly the problem during the opening phases of the GFC.

The other problem is the populist outcry of fat cats getting a free ride on the backs of working people. Stories like this one of bonuses paid out just before the implosion don't exactly help the medicine go down:

> Silicon Valley Bank employees received their annual bonuses Friday just hours before regulators seized the failing bank, according to people with knowledge of the payments.

https://www.cnbc.com/2023/03/11/silicon-valley-bank-employee...

This is all happening against a backdrop of futures markets about to open. The last thing any of these officials wants to see is a selloff in stocks.

It's hard to see any other outcome but the depositors getting bailed out. Then again, bailout for Lehman seemed obvious, and yet things took a different path.

FWIW, yield curves around the world have been screaming "Catastrophe Ahead" for months now. Sophisticated traders know this and it can't be lost on them this this is exactly the kind of setup that would be consistent with massive and prolonged curve inversions.
In my layman opinion a dust cloud would at very least stick around for much longer than the duration that we see this glowing last. There has to be something else responsible for the flash imo.
Is anyone else put off by infinitely customizable things? I used to love this stuff when I was a kid but now I just want things to work well out of the box.
My employer didn’t conspire about anything.

They didn't "conspire", per se. But they failed to do due diligence on the nature of the financial institution they were relying upon.

Or even to think, for a minute, about fussy terminology like "FDIC insured" actually means.
I'm also a big fan of doing it the wrong way. (While I understand there is no practical difference) I find it more natural, because it's symmetrical (or parallel:

$ < file util1 | util2 | util3 | ...

The first util is the originator of the data pipeline, and it plus the file are the first command

$ cat file | util1 | ...

Each utility is it's own thing, being fed a data stream that came from cat. I know it's just personal preference but it feels neater
My hypothesis is that the neural network was trained on a lot of labeled photos, so somewhere inside the network, when you see the moon, it has some moon=0.95 confidence number, and whatever label has the highest confidence, it tries to bring it up to 1.0 akin to how deepdream makes images of spaghetti have more dog faces. Samsungs marketing department interprets that as technically enhancement of images and not faking the moon specifically. So perhaps if it sees Jupiter, it will try to make it more jupitery.
I ran an e-commerce business that used Australia Post for shipping. A few years ago, I was responsible for 90% of Australia Post's lost parcel/SLA refund customer service volume in one day. Before COVID, Australia Post had a "Next Day Guarantee" for parcels sent through their Express Post network. If the parcels didn't arrive the next day, customers could choose to get a prepaid satchel or their money back.

To take advantage of this, I wrote a script that tracked our shipments from the previous 12-months and identified which parcels were late. It then lodged a new inquiry through Australia Post's website. I received a call from the head of Australia Post's customer service team, telling me I was responsible for 90% of their volume. Apparently, what was causing delays was the need to wait for us to select "get money back" or "prepaid satchel", and she asked if they could do one or the other for all inquiries. This would have impacted the queue size (guessing one of their KPIs).

In the end, we received several thousand dollars' worth of postage refunds.
And for those looking for the equivalent POSIX C API, it's `pread` and `pwrite`. I've come across a lot of people (me included) who resort to locking + seek because they don't know these exist.
Section 5.3 of this report covers it a bit: https://www.who.int/europe/publications/i/item/9789289057738

A bit brief though, probably need to check the cited material. The overall theme of the report as awhile though is that motivation issues are less of a factor than generally believed.
The Fed really wants the discount window to back loans, and they’re fighting at least one bank that wants to operate with a 100% reserve ratio.

https://news.ycombinator.com/item?id=32235721
I’m not saying the SVB management is not to blame. Their business should go to 0. I’m just saying that the gov policy and erratic Fed policy caused this. The Fed is creating a lot of problems right now. They’re going to kill the patient trying to kill the cancer.
Wait a moment. SpaceX willingly paid for a batch of those devices when it served its own purposes. It was good advertising for them to provide those. They weren't even defense contractors at that time. Also: DoD just like some other EU countries bought additional devices and services. Everything was great until....the mad owner of the company started embarrassing himself with his side business and comments and suddenly financing became a problem.

Musk has become a problem and seems to have lost his mind, so I can very much understand if someone who wants to do business with him, would take all precautions possible.
I totally agree re "contributing to a bank run" feeling shitty, but you have more obligation to your employees (especially), investors, and customers IMO than to your vendor (the bank). Congrats for being able to cover the payroll regardless, though.

(I am pretty confident there will be at least 250k + 50% advance-dividend early this week, and still optimistic but far from certain that a buyer will take the whole thing and it will be 100%. Last time people actually took losses of 50% above the FDIC amount (100k at the time) was 2008 (IndyMac).)
FDIC promised that the bank (under a new name) will open for business Monday morning. I’d bet $250,000 on it.
A small-sized connection pool (such as 1, 2) may cause deadlock.
You can bet they would retaliate, simply because the game theory aspect of all this implies there needs to be a severe cost associated with damaging US infrastructure. Maybe a huge explosion at some vital oil infrastructure or actually destroying the bridge to Crimea.
As I said though, there are only so many keys on a keyboard, and only so many combinations one can learn, which is why command palette style interfaces have become so popular.

In VSCode there are probably ~1000 actions I can perform, and maybe ~50 keyboard shortcuts that I use, but I can still access all those actions quickly and fairly efficiently. This shows the value of command line interfaces.
I’m actually curious about your claim that they’re just as risky as banks. Is this true? Or are you just indicating that it’s at least possible for a credit union to go bad?
Or in the case where passing the cost of better pay & benefits onto the customers will reduce demand of their products/services making continued operation unviable, then their business don't deserve to continue to exist. But instead of letting the free market sort itself out, they seek to exploit children in order to prop up their unethical and unviable business.
Its $100 if it is both a first offense and not willful. For any willful or intentional delay, or a second or subsequent late paycheck regardless of willfulness, the penalty is $200 plus 25% of the payment that was due.

(And if any terminal paychecks are late, there are greater penalties – waiting time penalties equal to an average days pay for each day of delay up to 30 days – though I don’t recall if there is a wilfullness condition or modification to that.)
Yeah. If you've ever had to deal with metastability and eyes in digital signals, you'd know that "digital" is frequently less 0 and 1 than we normally think about.

There's a reason you can't just take a System Verilog FPGA and make an ASIC out of it that will work on the first time, and that there are entire teams and libraries to do it. And they'll still get things wrong that need to be fixed after they're discovered.

edit: the only reason we can blissfully ignore the underlying analog world is through the unceasing effort of asic designers, analog engineers, verification teams, firmware teams, and as a last line of defense, some poor bastard writing the driver to work around something that can't be fixed with any other method.
I used warp and I really like it. I don't think any terminal can replace warp at least for macos.
You can't throw the baby out with the bathwater. If the entire ecosystem is hurt it will affect the next Raytheon/Microsoft as well.
It's written in JavaScript and it uses electron.

Moving on.
Or just take it a bit further, put on VR suit and arrive in destination within seconds without taking any drugs. For real life live images with rented personal drone at location to live stream reality.
Steve has 1/20th of an apple and a nickle. Steve doesn't know that an apple should be worth $1.

Tom asks Steve how much Steve would pay for 2 million apples.

Steve says he would pay a nickle.

Tom despite knowing 2 million apples is worth 2 million dollars agrees to sell 2 million apples for a nickle.

Since Steve is broke he is willing to sell those 2 million apples for $1.45.

Allice is a bargain hunter and looks out for any good deals. She sees Steve offering $2 million worth of apples for $1.45 and gets first in line to make the deal.

In order to make sure she is first in line she pays $30k to the security guard who is managing the line.
Exact same experience I had. I would also add that the CSS styling doesn't really work. And it's frustrating because I would prefer if it didn't work all time, but it seems to only not work some of the time and I can't figure out the algorithm of when it doesn't work.

I tried to use urwid too and gave up. Python needs a library as good as ftxui for C++
ProPublica has some consistently high-quality reporting on meatpacking as a an industry from all kinds of perspectives - the (mis)management of them during the pandemic, the hiring of children to work there, the horrid safety conditions, etc.

https://www.propublica.org/search?qss=meatpacking

I'm not sure if ProPublica has a free, public dataset on meatpacking plants but they generally have datasets that you can purchase that pertain to particular areas of reporting: Medicare and Medicaid overbilling / fraud; repeated pollution violators who keep paying fines instead of stopping polluting; etc. If anyone knows of a dataset on meatpacking plants, health and/or safety violations, etc. please do share the link to the dataset.
Nice find, I'll check it out.
> the company I work for should lose most of its money because our CEO used a well-reputed bank

Why should I lose my money because I bought the stock of "a well-reputed bank"?
It would come down, most of it very quickly, the rest eventually. The satellites are low enough to deorbit from drag alone within five years or so if their thrusters fail. Blowing them up increases surface area, which increases drag, bringing most of it down much faster.

The way orbit mechanics works, if you impart energy on an object at just one point in its orbit, the orbit will change overall but still go through that point. Some debris will be put in an elliptical orbit where it will start crossing higher altitudes, but will also still cross the original altitude, causing it to be affected by drag and eventually deorbit.

The worry is what it would damage until it comes down. At some debris density you start setting off a chain reaction (and arguably we are already there, it's just very slow right now)
Heat your house with your CPU thanks to Electron.
I suspect the FDIC made that spreadsheet on Friday/Saturday after taking over the bank and its quality is way higher than Bankman's.
all my public gists[1].

my favorite is hypothesis die hard[2]. i need a sequence of actions that accomplishes a goal. assert there is no such sequence. error, here is such a sequence. ok thanks!

1. https://gist.github.com/nathants

2. https://gist.github.com/nathants/3dc397270d73fee57c86f246243...
I can always tell when I’ve hired someone who did not grow up working actual jobs when they were young. School is not an adequate substitute for what you learn punching a clock.
# General

Chris Titus: https://www.youtube.com/user/homergfunk

Linus Tech Tips: https://www.youtube.com/user/LinusTechTips

LockPickingLawyer: https://www.youtube.com/channel/UCm9K6rby98W8JigLoZOh6FQ

TechIngredients: https://www.youtube.com/user/TechIngredients

Wolfgangs Channel: https://www.youtube.com/channel/UCsnGwSIHyoYN0kiINAGUKxg

# Electronics

GreatScott!: https://www.youtube.com/user/greatscottlab

Hugh Jeffreys: https://www.youtube.com/user/hughydo

# Linux

LearnLinuxTV: https://www.youtube.com/user/JtheLinuxguy

Luke Smith: https://www.youtube.com/channel/UC2eYFnH61tmytImy1mTYvhA
Hiya, here to help. In reviewing the HN guidelines at the bottom of the page I was reminded that my initial reaction to your performance on this thread here today was uncouth, to be avoided.

Instead I'll take the high road. For an account created ten months ago it seems possible you haven't read the guidelines for commenting. Maybe it will help you understand a bit of why you've been downvoted on this thread today.

https://news.ycombinator.com/newsguidelines.html

My two cents, your mind appears to be made up on this topic. It shows. It also tips your hand as to what media sources you likely consume beyond HN.

Please consider (beyond the emotional reactions associated with this thread on this day) that you could perhaps use some improvement on having constructive discourse in this sort of forum. Chiming in because I like this place and have been here since near the beginning. I'd like to see discourse not devolve into factionalism or whatever more appropriate word could take it's place in this context.
Silicon Valley Bank: Offer made for UK arm of failed US lender
Sell to China, tweet about overbearing government regulators after the fact.
Are you even good enough to have impostor syndrome?
The problem is that the interrupts may be used by library or framework code that you're not aware of, in hard-to-reproduce edge cases.
When you have a 10% mortgage and interest rates drop to 2%, you refinance. You borrow a new loan at 2%, buy out your old 10% loan (so you never have to deal with 10% interest rate payments again).

If you have a 2% loan, and interest rates skyrocket to 10%, you absolutely do not sell your 2% loan to reup to 10%. That's just stupid. You keep the 2% loan and even try to slow down payments (if you were double-paying or otherwise cutting down principal before, you stop doing that).
I fully agree but think for a moment. I don't know how many SWEs work in Spotify but I suspect that not many are needed to maintain the application in its present state. So designers and PMs need to keep reinventing the wheel to justify paying top $ to all these people.
An open source project for building mechanical watch winders
Things are easy in LaTeX:

-

--

---

Common mistake: use -- not - for ranges of page numbers in *.bib files!
If the bar you're setting is looking for failed banks exacerbated by fed policies, look no further than the great depression.

Now we could move the goal posts to something else, but the question you ask is not hard to find examples of.

> doing unwise things

In retrospect anything that causes a failure is going to be characterized as "unwise." You could say the wisest thing would be to create a 100% reserve ratio by passing through deposits to the central bank, yet it's impossible to get a banking license to do that. We're left with various shades of unwise.
Again, what bailout? It seems like unless people are brought up on federal charges, you would be unsatisfied with the result.
Socially you're right, we wouldn't call someone obese for being incredibly ripped. But in other areas, we classify people as obese or overweight based on BMI, where a ripped person is probably overweight or obese.
Bipartisan support from two parties who are usually in the hands of Big [name the industry] doesn't negate it in the slightest. Sure one is more outwardly against any regulation that can negatively affect the ultra rich.
I agree with you. There were small groups like the Oath Keepers and the Proud Boys who invaded the capitol in "stack" formations following premeditated plans. Nobody talks about them much. Instead the media wants to talk about the hapless enthusiasts who LARPed their way into committing minor crimes following the breaches created by these more committed groups.
Yes, I just want good defaults.
Just so we're clear - this is the equivalent of me giving a co-worker I like who lost his wallet and his phone 100$ so that he can have lunch, dinner, get home safely, etc.
> Except Musk has established precedent at Twitter that you can just fire employees for cause.

“Established precedent” is…not a fair description of action which is being challenged in the courts, where no precedential legal decision has been made.

Also, firing employees would just make the California rule requiring immediate payment of final paychecks, with waiting penalties of 1 days pay for day of delay up to 30 days, applicable, as well as triggering other time-sensitive legal obligations that a company without access to cash might not want.

Plus, it means that once you get access to your cash again, you don’t have the employees (and might have a lot less positive image in the community you would want to hire from to replace them.)