skysight-inc/HackerNews huggingface dataset:
My guess, this is a trust/FBO co-mingled type account of some sort.

Only Mercury knows the exact structural details but based solely on their statement above, they have significant control and claims that you can't easily override yourself.

I wouldn't count on this all being resolved quickly in the event of a bankruptcy.
Ahh, the pro-fractional reserve banking system libertarians. A group that is well known as much as it is not contradictory.
> Only retroactively in a bank run are you really able to see just what duration and what amounts were the limit.

Exactly, so don't lock it up. Glad you agree with me.
> Up to some percentage of the membership of an organization (say, for the
sake of argument, 50%) must have a paid SourceHut account, either
directly or through financial aid. Users can form grassroots
organizations on SourceHut so long as a sufficient number of them have
paid accounts, with no further fanfare regarding billing.

Interesting billing model, although I can imagine many orgs would rather have a simpler billing scenario even if it were more expensive.
Oh, you want to hold up Japan, huh? Like from 1990 on? Or this, from the early 80's?

https://www.amazon.com/Fifth-Generation-Edward-Feigenbaum/dp...

Or how about the US?

https://www.technologyreview.com/2011/07/25/192832/lessons-f...

and https://en.wikipedia.org/wiki/Solyndra
Why/how does the IRS care if you store it under your bed? Serious question.
"initial human evaluation" is codeword for "cherrypicked prompts given to people who don't know how to trick an LLM"
But it's not really Philips anymore... It's the same with some TVs with the Grundig brand, which is also very strong. It's just some Chinese factory licensing the brand name... Grundig went bankrupt a few years ago...
"It turned out that one of the biggest risks to our business model was catering to a very tightly knit group of investors who exhibit herd-like mentalities"

And I kind of agree. Yes, the mistake was not hedging MBS and treasuries interest rates.

But are they really the only bank in the world doing that mistake?

What truly made it fatal is the VCs. That's also why nobody is coming to buy them. The speed at which the bank run happened, showed exactly how much they valued the bank.

If you're swimming with sharks, it's a big mistake to bleed. But let's not pretend the sharks are innocents. Bleeding isn't usually so fatal.

Which is why I don't think the sharks deserve a bailout.
If you remove the service panel there's a screen that displays what capacity they're running at. My installer had some issues initially, and Bosch actually had 2 regional reps (corporate) visit the site themselves. I'm sure the protocol exists somewhere, but the guys they sent wouldn't have known and I don't believe they connected anything to the board -- the Bosch reps couldn't even correctly explain to me how/what logic controls the speed of the interior blower fan (two speed).

I actually never really did get an answer to that question -- what/when will the interior fan go to it's "second speed" (when only sending 1 cooling signal & letting the Bosch board have 100% control over capacity), so we ended up wiring my units to be "remote" controlled, like a 2-stage system - though it's then critical to enable an extra setting ("Reverse Staging" on Ecobee), otherwise you'll just end up with short-cycling when stage2 cooling calls are made. If you search the topic you'll probably stumble on my Reddit thread which has quite a bit of detail on the topic. =D

I wish you luck; I do think it's the future. FWIW I think your product's ideal audience/target market is probably not here/us, but I think a relatively large addressable market does exist. How you can best reach & tap into that market, at a price point that make sense & while providing a (sales) UX that actually converts -- I think those are the main challenges you'll have to solve.
From a Libertarian perspective why would we not:

1) have Congress+FDIC...

This made me chuckle. I thought Libertarians want gov _out_ of their lives. :)
I think the "phrase" in question has a more limited meaning than you are trying to ascribe to it.

It means that people who are in a situation where they stand to directly benefit from a bailout (depositors, bondholders, shareholders) will lean away from libertarian views, based on their own needs at the time. It doesn't claim that libertarians are for/against bailouts in general.

People who would not be directly helped, or who might even be harmed by a bailout (taxpayers), rail against them as being unfair, as in the examples you point out.
> The Fed bowed to political pressure related to high inflation rather than following the plan they laid out

When circumstances changed, they changed their plan. What do you normally do?
Linux is still not first-class option.
Bills are shorter duration, bonds are longer duration. You can look up the terms to get exact time ranges. When the yields for both are very low, there's next to no upside to holding onto the low yield for longer. The downside is that if one is in critical need of cash immediately, nobody wants the old low-yield (compared to current yields) bonds and will only buy them at a discount. For bills, due to the shorter duration, extra liquidity is built-in.
A few options for you, if you have a viable mounting situation for the condenser (big if), you can use an Electric Air unit with wall unit. Otherwise you're best off with a drop in heat pump PTAC, or a heat pump window unit like Gradient.
> Most of the complaints here ironically are from people using a bunch of tooling in lieu of, or as a replacement for vanilla python venvs and then hitting issues associated with those tools.

That's because the vanilla python venvs feel like a genius idea but not thought out thoroughly, they feel as if there's something missing..., So there's naturally lots of attempts at improvements and people jump at those...

And when you think about it in bigger depth, venvs are themselves just another one of the solutions used to fix the horrible mess that is python's management of packages and sys.path...

The "Zen of Python" says "There should be one-- and preferably only one --obvious way to do it.", so I can't understand why it's nowhere near as easy when it comes to Python's package management...
Probably, this conversation took place about 10-15 years ago but I'm guessing these myths persist for years so it might be a relic of the 90s.
So put it where? Narrow banking is illegal by virtue of denying the banking license. You're basically left with what, something like recallable loans/margin? What are the other options?
Because you have already decided that anyone who disagrees with you is just participating in a "moral panic".
I use this shell script with a cron job: https://gist.github.com/rodw/3073987 It can back up repos, issues and wikis.
Exactly there isn’t lots of libertarian depositors at SVB, quite the opposite most likely. It seems because of Thiel involvement the FT author decided it was enough to write a propaganda article.
Right. Like https://en.wikipedia.org/wiki/Solyndra

or https://www.technologyreview.com/2011/07/25/192832/lessons-f...

I don't know what "space shuttle for the Moon" means. Can you explain?
That dataset isn't released yet.

> Can I download the data?

> You will be able to, under CC BY 4.0, but it's not released yet. We want to remove spam and PII before releasing it.
Right. And it would have been awesome if they were able to recover 100% for depositors (even over 250K)—the honest way.

Instead we had whiners and panic peddlers get their 100% the dishonest way.

I would much rather have everyone take a couple % haircut than reward that kind of behavior.
It would be even more impressive if it were correct!

- Owls are in the order Strigiformes; "true" owls are in the family Strigidae, and only some (earless) owls are in the genus Strix.

- As for size, https://largest.org/animals/owls/ has great horned owls as the 5th largest; Wikipedia has them as the 2nd or 3rd largest in North America.

- Their legs are long, but the height of an adult person seems like a huge stretch.

Elf owls are adorable though!
That is ok as long everyone plays by the same rules. The problem I have specifically is the fact they are making a "special exception" for Silicon Valley bank, but haven't done for other bank collapses. This case of course had the potential to generate contagion, but if that's a thing that happens too often, then there is a systemic issue with how banks are regulated in the United States. I should note this is my point of view as an outsider. Outside the United States issues such as the one we are discussing simply aren't a thing because banks are held to much larger scrutiny, and thus spending depositors money into MBS is not really a thing.

Again, regardless of your political stance or economical, I recommend you read the linked Forbes article about the "Reform Act" I linked to previously [0].

[0]: https://www.forbes.com/sites/mayrarodriguezvalladares/2023/0...
> If you hold a bond to maturity you get it’s NPV. Valuing it at NPV vs mark to market

The NPV calculation should use the market intrest rate. If you use that, it should be pretty much the same thing: an efficient market should value a bond at its NPV.

However, they were allowed to value HTM (hold to maturity) bonds at face value. That is just non-sensical from an economics perspective and just hides losses.
> The rest of the world has heat pumps figured out, no need for a tesla-ish version charging a premium.

USA has heat pumps (the technology) figured out as well.

What the USA does NOT have figured out is how to accomplish trades like HVAC and construction without massive grift.
Those assets may take years to liquidate. Nobody wants to be in the business of holding the bag on an interest free loan for that length of time. Especially when that totals to >$150B.
Not caching credentials cost us $2000 in AWS spend
Apologies I didn’t fill it out enough. No passengers - ads weight and cost. Automated system that gets your shopping or pizza to you as quickly as possible with least energy expended.

This but on steroids, like a tron light cycle:
https://www.wired.com/2017/03/delivery-robot-isnt-just-charm...
I began my career outside of the tech industry as an English teacher for IT employees. However, my growing interest in Blockchain and its various applications eventually led me to make the transition into this field.

Despite the challenges that came with this shift, I found the experience to be incredibly rewarding. Today, I'm thrilled to be working in a job that I truly enjoy, thanks to Rather Labs - a company that played a key role in my career development.

If you're interested, feel free to check them out at https://www.ratherlabs.com.
Senator Mark Kelly inquired about social media censorship to curb bank runs
Seems like the news companies are shooting themselves in the foot, but it sounds good to me.

I would love a world where google and facebook are full of links to primary sources instead of news articles.

Imagine a world where you search "supreme court decision X", "California covid policy", or "FDIC action today" and the top result is the responsible agency statement followed by blogs.
Yes, Facebook restored news content in Australia. Dropping news content was a negotiating tactic:

https://www.bbc.com/news/world-australia-56165015

And Facebook knowingly and grubbily caused extra chaos as part of their effort to get their way:

https://www.wsj.com/articles/facebook-deliberately-caused-ha...
I've used termpair, a good alternative.
Don't forget greedy. Not hedging saves money.
This is the time of the year when banks pay bonuses for the prior years work. My understanding is it was scheduled annually at the same time and happened to occur the day they went insolvent. Frankly I’m down with Nancy in client confirm generation getting her bonus. The senior managers all got fired and their comp clawed back, so seems legit.
Read the article I linked. Then stop posting lies and long-winded demonstrations that you don't understand that weather can be anything other than 100% correlated over a region and is forecastable.

Then note w2e, hydro and other average-energy-limited dispatchable sources exist. A hydro system which can provide 100MW on average can provide 1GW peak. There are a few tens of GW of waste stream methane available in the US alone. It can be stored and burnt at any time to meet unshiftable demand.

Then note that dispatchable loads such as EV charging exist and exceed non-dispatchable ones. They make VRE easier to use, not harder as you claim.

Then note when pools are pumped, water towers are fied, thermal storage in buildings is charged, zinc refineries and so on are run. It's not done in the middle of the night in regions with thermal generation because people just love noise and graveyard shifts.

If you have 1 watt of constant load, 2 watts (average over 6 months) of dispatchable load, 2 net watts of solar (ie. 4 nameplate watts), long distance transmission, 2 net watts of wind, and 1 net watt of hydro and green fuel burnable in an OCGT, then you have plenty of power.

You're willfully ignoring systems and demand shifting and trying to claim only always-on thermal generation works. This is a lie.

Even assuming fossil fuel for the week a year the system has low output, a VRE dominated grid still cheaper and greener than alternatives and you still don't need to run your electrolysers or zinc refineries or arc furnaces or thermal storage heaters. And if you have a day warning the Al smelters can clear the lines too. This is done all the time in systems dominated by thermal generation to meet demand spikes. Claiming these loads need backup instead of being backup is a lie.

You're trying to pretend turning a fossil fuel generator for the non-dispatchable loads on ever eliminates any gains from the whole system just because it has the same power as the un-shiftable peak demand. This is also a lie.

You're trying to pretend that fixed loads are constant, so a power-limited thermal generator would need no storage or overprovision. This is also a lie.

You're trying to pretend weather events where there is zero wind or sun across a large region for over a day are common. This has never happened. This is a lie.

You're trying to pretend thermal generators never go offline in a correlated way so that any correlated downtime is exclusively VRE. This is a lie.

You're trying to pretend building a system that can eliminate 85-95% of emissions in a year or two for a tenth of the price and then startig on the boondoggle which eliminates 90% of emissions and exports the rest to Niger isn't the obvious and objectively correct answer even if your above lies were accurate.
Honestly, virtual environments are one of the reasons why I prefer to avoid Python whenever I can.
The timing of the Facebook leak seems suspect.
First line is "How a single-line bug cost us $2000 in AWS spend" but that seemed to click-baity. https://threadreaderapp.com/thread/1635244161778737152.html
Thank you.

It's based on a private fork of this (discontinued) language: https://github.com/blitz-research/monkey
> But in the end, even if we could argue that SVB should have been more prescient, it is clear that the root cause of the problems is the actions of the government and the FED.

Yes, the FED did leave interest rates too low for much too long. Rates should probably have been in the 3 to 4% range prior to the pandemic which means they should've been tightening more since about 2015. But lowering to essentially 0 during the early stage of the pandemic in order to keep us out of another great depression seems like the right decision.

As for the SVB downfall: there's plenty of blame to go around. Yes, SVB should have diversified their bond buys (more shorter term durations mixed in). And as mentioned above, the Fed bears some blame. But so do the VCs who panicked startups into a bank run last week - the VCs who probably strongly recommended that their startups put their money in SVB in the first place. And the startups themselves could have been doing a better job spreading their money around to other banks in order to minimize their risk in case of bank failure (admittedly, most startups probably don't have this top of mind as they're busy with other things).

Ultimately, the entire idea of a Silicon Valley Bank that was essentially just serving VC funded startups was probably a bad one from the start. Diversification of customer base, geography, industry served, etc. was absent. It's like monocrop farming: A pest that comes in and attacks your one crop can wipe you out more easily than if you grow a variety of crops.
Libertarianism, socialism, capitalism etc. all fail to take into account human nature and that's where all the conflicts come from.

Regulation is necessary to ensure that people who manage to get into position of power, who have certain kinds of personality disorders and other issues won't be able to game the system to their own personal advantage or satisfaction.

In most cases whether it is socialism or capitalism, while they have good intentions, they are always ruined by corruption and other other undesirable behaviours that typically people climbing to the top have.
>API for AI results than it will be to run it locally.
True, and remotely called APIs will always be the mover for the AI craze. Only niche hobbyists will be running them locally.

There is no company on the planet that would benefit from providing people local means to run LLMs. As a result only hacks and leaks will be how individuals can manage to run LLMs outside of heavily monitored remote API calls.
Video shows Southern California lifeguard swimming out to sea to rescue dog
>But then who is Signal for? Yes, it has E2EE encryption, but who cares about that other than us orangey types?

Me.

> If I receive a large number of photos via Signal, i have to long tap each of them and save them individually (several taps to do that).

No, you don't. You can select them all and export to Photos app (at least on Android, I have not tried on my iPhone).

> So really, who is Signal for then? It's not for anonymity fans. It's not for people who care about long term discussions.

My SO and I foster. New case, new numbers for everything. When I'm at the pediatrician and I can't remember an insurance number or a birth date, my SO can text it to me and after I say I have it, they can delete the message.

Signal is great. I love it. Warts and all.
I love it when hacky programming is compared to witchcraft, because it describes the feeling of reading and writing it.
Reminds me of the "technical interview" [0] from yesterday‘s front page.

[0] https://news.ycombinator.com/item?id=35120084
How is this relevant?

The comment I was responding to stated that there’s no underlying libertarian streak in Silicon Valley. That’s clearly false.
https://github.com/timonoko/Context-Aware-Auto-Brightness/bl...
Sounds exactly like “held-to-mortality” plan! It does appear to work in at least some cases. The rest is getting bailed out.

[0] https://news.ycombinator.com/item?id=35130979
That's the problem though. If there are clear eligibility criteria, and a computer program lets the operator enter information and answer eligible or ineligible, that's an algorithm used to cut off care. If a computer program decides that someone is ineligible because they're not a US citizen, that's an algorithm deciding. If the computer figures out that you no longer live in the service area for your plan, that's the algorithm deciding to cut off your care.

I would expect any insurance provider to use computer programs (i.e algorithms) to decide whether someone is eligible or not. The problem is what kind of algorithm.
>Training a model to do math is impossible.

https://www.deepmind.com/blog/discovering-novel-algorithms-w...
Try chibicc. It's x86_64 native and so much more readable as a codebase than TCC.
> They just don’t have good risk managers.

It was worse than not having good risk managers... They didn't have a CRO at all for 8 months, until 2 months ago.

> In the run-up to all this, SVB’s proxy statement, filed earlier this month, reveals that the firm’s chief risk officer stepped away from her role early last year, and the bank did not hire a replacement until this past January.

https://fortune.com/2023/03/10/silicon-valley-bank-chief-ris...
somehow this reminds me of kids' quiz in Magnolia'1999 movie..
Thank you for elaborating, this is useful :)
i would rather say to make the relational model more complex
I would vote for two founding engineers. It is best in my view to have several people who know the code base. That opinion is only worth $0.02 (if that) no charge.
I do not know if it is still true, but originally the PlayStation did not perform patch diffs, and any kind of update could be 10s of gigabytes. If I were routinely having to wait to start a frequently patched game, that would get old pretty quickly.

Outside of that, yeah, I am not sure what use greater than gigabyte would be for 95% of the population.
So, what's the point of having an explicit insurance limit?

Any account used for business operating expenses needs to be mandated to have premium insurance on it. That same insurance should be available for all depositors.

The next time this happens if you do not have that insurance you receive your receivership certificate and wait for your dividends. Like everyone else.
This is not the dawn of the long-threatened nuclear renaissance — it’s more like the swan song of the conventional nuclear industry in the U.S.
A few years behind[1], but they do have the infrastructure to make it happen!

[1] https://lynk.world/how-we-do-it/
I don't think working in a meat-packing plant is comparable to being used by influencer parents, but that doesn't mean the latter is small potatoes. They're very different situations.
I dealt with a similar basket case once.

It seems like parasocial relationships can swing both ways. You know how some fans develop a creepy, obsessive sort of love for creators? Well, the same goes for hatred. They feel slighted by that person that doesn't know them, and they retaliate from behind their keyboard.
If depositors lose money, it would be likely to result in runs on other banks. The mission of the FDIC is to prevent that sort of thing. Deposit insurance is not their mission, it's just a means to an end. When it fails to suffice, other actions will be taken to achieve the mission, like we saw this weekend.

But even if other bank runs didn't happen, there would be another consequence that I'm sure you wouldn't like either. People would understand that there are now two tiers of deposit safety: small banks where depositors might lose money above $250k if the bank fails, and "too big to fail" banks where that wouldn't happen (because they can't fail!). Everyone would move their deposits to the "too big to fail" banks, which would make those banks even bigger and more powerful.
I find the command `xattr -r -d com.apple.quarantine SomeApp.app` goes a long way toward fixing many gatekeeper problems. For some reason, the right click often fails for me.
Wait, is this not going to have the usual "pair of wires you short to turn it on" feature of every furnace made so far? That's the ultimate control for when all the cloud features disappear and would be a deal-breaker for me.
Changes at YC
The crisis needs to happen to correct badly allocated capital.
The issue was not bank entanglements.

The issue was the bank putting all of its deposits in illiquid long-term bonds that were worth substantially less if sold pre-term, and compounding that problem by becoming insolvent selling a large chunk of those bonds per-term at a huge loss to cover immediate liquidity needs.
Except that, being Jimmy, this is not for the benefit of his client but so that he is entitled to further fees, share of any settlements, etc.