skysight-inc/HackerNews huggingface dataset:
> I don’t think SVB will be bought

FDIC will create a bank then. Just like it did for the (now) 3rd largest bank failure in history, IndyMac:

https://news.ycombinator.com/item?id=35105606
It's the concept of a corporation as a fictional person that is source of the peculiarity. If it's a fictional person, with its own assets, income, and expenses, then it pays taxes. It serves real humans by providing a place they can safely pool their investment.

S corps are more extensions of a real human than separate fictional entities.
Review of the keyboard:

https://youtu.be/gziZnhxcFrk

And same reviewer on an original Space Cadet:

https://youtu.be/oDozftThFMw

NSFW language here and there.
But it is never a one-shot game. It is now a fact that “capital firms Peter Thiel’s Founders Fund, Coatue Management, Union Square Ventures and Founder Collective all advised their startups to pull their cash from the bank”.

Valley is small. There is real loss of wealth now, because SVB is no more. And there’d be likely a ripple effect.
All institutional investors take their money back as soon as they are legally allowed, no new financing available, and for other clients, assumptions are made, calibrated by the regulator on previous bank runs. And you net that with the bank getting its money back as soon as available (with a limit on the netting between inflows and outflows at 75% of outflows).
What about this other lesson: bankers need to be punished harder.
Management shoild be automated.
China's Cutting-Edge Chip Dreams Just Died
Lincoln Savings and Loan, LTCM, Bear Stearns, and now: SVB.
Says the commenter in a community for a startup ecosystem where the big money throws a million bucks at a hundred different projects and hails themselves as genius world leaders when one of them doesn’t fail. And where publishing a detailed investment case to be criticised on later is not the norm.
> 50bps

It would be very damaging for their credibility if they hiked by 50bps after already doing 25. Of course it depends on what’s the CPI next week but if it’s good/as-expected 50bps would be very surprising
I think there's a shockingly large number of people that think Ponzi scheme just means fraud.
This is a USDC buying opportunity.
I found it interesting how concrete Casey gets, and how he quickly identified the cause of the UI bug (+ a mitigation). Meanwhile, it looks like Bob was speculating in thin air and throwing out random terms (O(n^2)) trying to fit in.
Yes, and that “something” can be an app like gnome-terminal running on a full-fat text rendering library and GUI framework… on a completely different computer. That software could hypothetically have the same bug, but probably not, and at any rate it‘s not taking up space in the core of a microkernel.
Ask HN: How to collect emails for waiting list without being annoying?
I'm working on a non-profit project for developers that haven't launched yet and I want to collect emails for the waiting list. I think the value proposition is really, really good - users get deals on cloud/courses/apps and all of the profits from promoting these deals go to research-backed charities.

I have a simple, classic strategy for building the waiting list - publish good content and show a pop up when user is leaving the page asking to sign up to the list. This kind of pop-ups are everywhere because they work. And I think it's fair to make the ask.

BUT. I don't want it to annoy my fellow devs with popups (while still collecting contact info effectively). So here's the question: how would you like to be presented an ask for signup on a blog post?

On scroll, the way substack does it? Mid-content? Any other way?
Their official website: https://wonderdynamics.com/
Ask HN: Who Is Using Budibase?
They can't if the USD backing the USDC is stuck in SVB.
TLDR:

Silicon Valley Bank (SVB), a lender and banker to the startup industry, was closed down by California financial regulators after a bank run triggered by its announcement that it was raising over $2 billion in capital through a share sale. SVB's downfall came as a result of a rapid change in liability composition, as interest rates rose and inflows of non-interest-bearing deposits at the bank fell below outflows. Non-interest-bearing deposits fell by $45 billion in 2022, forcing the bank to replace them with higher-cost liabilities, resulting in the bank being left with an empty bag and leaving the entire startup ecosystem frozen.
I don't know but it's theirs to sell and find the right price.

> Is this anything more than a drop in the bucket for Twitter?

I don't know, Twitter were selling office furniture and cutting on the food on campus. So maybe it's not just a drop in the bucket after all?
USDC, FRAX, DAI, USDD and USDP all seem to be having a moment.

As someone who only observes crypto, the past 4.5 hours (at my time of writing) has been interesting to watch.
Circle/USDC fooked around Paxos/BUSD and now they are finding out. All the xenophobia towards Binance showed who the real ones are. CZ is Canadian too and grew up there.
It was all fun and games while the crypto bubble was inflating. You basically could do no wrong, any mismanagement would be hidden away by the exponential appreciation of the underlying assets; just hodl until the next bull run and everything would be fine again.

When things stabilize and start going down, it's like the morning after the frat-party, bad things come to light. Crypto is fundamentally a negative sum game, it takes enormous resources to run and has generated a large number of self-minted millionaires that have cashed out and lamboed their earnings. There is very little actual marketable utility that crypto provides that could cover these large outlays, perhaps with the exception of facilitating money laundry and illegal transactions. I guess that's a business, but (hopefully) not a multi-trillion business suggested by the bubble's peak.

So it's inevitable the game must end with someone holding the bags.
You would be able to unwind these positions gradually and the markets are relatively liquid for MBS and super liquid for T-Bonds. The problem is that you would be unwinding these positions after the interest rates have moved up, i.e. at a tremendous loss. Rates go up - bond prices go down and your assets are not worth as much. They did not want to do this right away and book a few billion in losses. It would be a hard decision for anyone to make. They bet that the rates will move lower soon but, instead, the rates went higher still. Now, if SVB could wait 10 years to maturity, everything would have been fine. But SVB is a bank and customers demanded money right now. They could not meet their obligations without immediate selling at a tremendous loss.
You can buy a prebuilt pc with a 4090 for less - which is significantly more powerful but still in the 3xxx$.

You could go cheaper with a 3090 which has the same vram and it's just slower.

I think the best combo is a serious Nvidia pc for AI + a cheap MacBook air for portability.
This isn't standalone "five points of IQ loss", this is "brain volume loss culminating in five points of IQ loss among others". 12% hippocampal volume loss is half of what happens in Alzheimer's, it's nothing to scoff at.

Does this imply that cannabis is never worth using and we should "protect" people from it? Probably not, but it's sorely needed in light of the "weed is harmless and a medicine for many" narrative that's getting blasted everywhere.
You could get a physical computer to use as a server, and deploy your app onto it. This will have bounded costs, will require a fair bit of your time, will not teach you how to deploy to a PaaS, but may help you build more intuition and experience.

Get a cheap second hand machine to use as a server - 2 cpu cores and 2gb ram should suffice. Install debian onto it. Set it up so you can administer it remotely over ssh. Learn how to install and start your app as a service using systemd - get that working manually. Write yourself a list of all the steps you took to install your app. Format the disk, reinstall debian, see if you can follow your steps to get your app working again. Learn ansible, rewrite your manual install and deploy steps as an ansible playbook that can be executed over ssh. Format the disk, reinstall Debian, see if you can execute your ansible playbook to install your app without any manual steps. Get another second hand machine, install debian on it as well, set it up so it can also be administered by ansible. Now see if you can deploy your app to both machines at the same time, with your one playbook.

Congratulations, now you're deploying like it's 2012!
ChatGPT is used in China for Amazon listings, flirting
You don't need to get to the end.

The very first paragraph tells you everything you need to know bout the article: cheap journalistic style trick.

Ugh.
Mercury is pretty good isn't it?
I used to like to rewrite code that I thought was "ugly" because it was not written in the modern way or it was not very generic or whatever.
I thought that doing that was often pretty easy so I thought "why has no one done this already?"

Later I realized that the fact that it was easy to change was what made it good and the changes I wanted to make to it would probably just make it more complicated.

That's the danger; good code is easy to change so it will easily get rewritten until it's not easy to change anymore.
I think the market is stupid on this one. I would buy USDC on a discount if I had the liquidity on hand. I have been wrong before, but this looks like an overreaction.
Peter Schiff
Your local credit union.

There's a greater chance of your money staying in and supporting your community...versus probably not even staying in the country.

Policies are driven by needs of members, not investors/shareholders.

You have a much "louder" voice about policies, offerings, etc - possibly even able to attend board meetings, for example.

Despite you saying "online only is preferred", it's really nice to be able to, when you have a problem, be able to walk into your local branch to familiar faces and get help by people who remember you and give a shit about you. At a prior CU I was on a first-name basis with the assistant manager and they would do things like clear checks faster, waive an occasional fee, etc.
There was a very uncommon event that began in 2020.
Truly is a remarkable man. Achieved all that he did through sheer will. Even if you ignore his movie and political careers, Arnold would be a legend just for his bodybuilding career.

People forget that Arnold and his peers were the pioneers in bodybuilding and achieved all that they did without any set template, industrial support, or even societal approval.
I don't think I've used PCMCIA since my Amiga 600. It was also quite popular for Wifi cards about 20 years ago.

But yeah, good call. No reason to support it in new kernels.
You don’t think the fdic would get bailed out if it failed? We’ve bailed out much dumber/less worthy before.
So many times I've seen a more readable, simpler code turned out to be more efficient as well.

In other words, if it's easy for the CPU to read, it's probably going to be easy for a human too. They both stumble a little on indirection and jumping around.

The other advantage of simple (macro-level, and not "one line functions" micro-level simplicity) code is that it also tends to have fewer bugs, and what bugs do appear, are also easier to find and fix.
Show HN: Generate job-winning cover letters for job applications
It should be illegal to finger someone's wound
Back then 9% was such a spectacular yield, “only” 2-3% above what many other more reliable Euro banks were offering
I agree the blame lies with SVB. I'm getting the sense some would like to lay this at the feet of the Fed instead, which...
It depends on the state of the market. During the banking crisis, 157 banks were closed in one year[1].

[1] https://www.fdic.gov/bank/historical/bank/
Threat Hunting with KQL, Microsoft Security
Started a new repository for learning KQL and also provide out-of-the-box query !!
https://github.com/LearningKijo/KQL
I don't understand this topic well, but given premise that GPT3 and ChatGPT are different only that ChatGPT includes RLHF(Reinforcement Learning from Human Feedback), and LLaMA 7b is comparable to GPT3 on a number of metrics, it would follow that if we were to improve LLaMA 7b with RLHF, the 7b model would be similar to ChatGPT. Is that correct?
> there is an almost fundamental disconnect between “easy to understand” and “fast and efficient”

In my experience, poor performance is often because the code is needlessly complex and does unnecessary work. In that case, there's no trade-off. You can both improve performance and readability by simplifying.

There may be trade-offs required to optimize for the absolute maximum performance, but you can get most of the way there without sacrificing anything. The vast majority of programs are nowhere near the pareto frontier between performance and readability.
> I’ve read some comments that BingGPT isn’t that great, because they effectively neutered it too much.

In my opinion, it's the exact opposite. I'm also very impressed with Bing Chat, it's much more useful than ChatGPT even after the number of questions has been limited, but the quality of answers in general and especially code snippets are much much better.

ChatGPT was good in the beginning and I would gladly have paid money, but now it's neutered to the point were it's unusable for me. The lenght of answers have been limited much and half the answer is always a consending warning that you should probably contact a professional instead of trying to e.g. change the lightbulb or something other benign tasks.

However, the ChatGPT interface is great, both simple and lightweight. Bing Chat interface is so awful in a way that no other than Microsoft could do it, the worst is that it will only work on Edge browser. You can spoof the user agent, but then things scrolling don't work etc.
I suspect, there will be a bailout. Silicon Valley has very good relationship with the current White House. It would not be a stretch to make the case for a bailout. All the Government has to do is to provide $10-$30B (?) worth of liquidity of the next 2 - 3 years, until the rates will go down. Then, they could sell the whole fixed income portfolio.
I know that the original "MVC guy" and "Bob's nemesis" :^) have been looking into making human comprehension the main goal of a new programming language, "trygve", named after Trygve Reenskaug (MVC).

https://en.wikipedia.org/wiki/Data,_context_and_interaction
> I understand that PyTorch is an awesome tool for researchers, but it doesn't necessarily fit into a prod environment.

Some of the largest deployments of ML are using PyTorch models, e.g. OpenAI, Meta, Microsoft.
You can use Brave browser on Android too.
> It is economically better for most organizations to conserve programmer cycles than computer cycles

This is only true if "organizations" here means those which write the program. If you include those who actually use the program, I don't see how this sentence could be proved.
Ultimately, the author comes to a dubious conclusion by ignoring the context. By studying what people were writing about in the 70s, he also ignores the context - it was a given that any program of significant size or of a fundamental nature would compile (efficiently) to machine code. The hardware was too weak to support anything else. A language that didn’t satisfy certain performance criteria wouldn’t even be a contender.
Just a small comment on this:

To me, accountants have a better grip on reality than economists. It's an accountant who taught me real economics (I was originally pursuing a math degree with economy as a 'minor' (not really how it's working in my country but close enough)). I had to unlearn some of what I learned in my first year, but I had a way better grip on how money work after that (and decided to create value and changed course).
Can this be run locally without beefy GPUs by any chance?
Did they? Making a 17% return over 13 years on the riskiest “investments” imaginable (think: injections that the market said “fuck no!” to) is an atrocious return, and a net loss after accounting for inflation.

It’s a bit unclear because some of those loans were paid back years ago, but even if it works out to be over 6 or 7 years, it’s still pretty bad.

Gov should have juiced its returns by requiring 100% equity wipeouts in exchange for gov’s ultra-high-risk loans/investments.
I mean with their on chain liquidity. They’d have first right to honor the exchange with themselves so unlike someone else trying to redeem it, they have no counter party risk. Each $.80 token the buy on chain could write off a $1 USDC position.
"Pull from another account" is common but also potentially very dangerous if you intentionally don't keep a lot of funds in your checking/debit account to limit the damage someone can do with a fake check or your debit card.
How does BlockFi keep getting into one mess and another?

First it's own bankruptcy, then FTX/SBF saga and now SV Bank.
> Given increasing unemployment

Hasn't the latest jobs reports shown that unemployment is decreasing?

https://www.cnn.com/2023/03/10/economy/february-jobs-report-...
With the US Inflation Rate at 6.41%, 4% is you losing money.
Then finally the 99% screwed people realize that this is where (crony) capitalism is supposed to end up in the long run.

Time for a forceful redistribution and system change. Can’t happen soon enough.
Pre-/mid-/end-content, 100%. I have navigated away because of pop-ups and/or sticky dickbars.
> The central bank is overall unregulated because the central bank IS the regulator.

Even regulators are regulated. There are laws that prescribe what the Fed can and can not do, and how.

> Additionally given how the US dollar is sort of the central peg of all other currencies, the US would rather the Dollar remain the Rate at which all other currencies are set against. That way the US in a way indirectly and collectively controls the worlds monetary value.

Yes, if you wanted to do a similar system for the USD, you would probably want to peg a basket of commodities instead of the exchange rate.

Or you could have the Fed target the TIPS spread directly: https://fred.stlouisfed.org/series/T10YIE
Robert C Martin's (who is not my uncle) Clean Code book/advice is what I would call junior programmer material. Its good to get someone started to think about better ways of writing software (albeit is hasn't aged very well).

I don't recommend it to juniors anymore because it hasn't aged well and is for my taste hyperbolic in its promises.

IMHO clean code also is more focused on code implementing "business logic" than "systems programming" for example (probably a bit tricky to actually define what the difference is between these too).
there's no reason to put solar panels on fertile land, there is plenty of land that can be used in other places.
> No, it’s not [insolvent]

from the article op linked, in "Findings of Fact", by the Commissioner of Financial Protection and Innovation:

> the bank is now insolvent
Professor Krugman on Maturity Transformation
Apropos the SVB debacle.
This begs the question: what do you recommend instead?
With the 2012 at least, the first tell for the battery expanding is actually the trackpad. The trackpad will start to no longer click as well because it is still a physical button in this model. It might not even click at all before it finally swells to the point it shatters the trackpad. Luckily the placement of the battery spares the keyboard too; its all in the palm and trackpad area.

I'm on battery number 2 at this point, and the swap takes as long as a dozen phillips heads takes to unscrew then screw. I don't envy the more recent glued battery models and don't look forward to the day when this pretty repairable rig finally bites the dust and I'm forced into one.
Just wondering, why do posts like this consistently have an unpaywalled archive link as the top comment, and it's unreply-able? It almost seems automated except it's a different commenter every time. Is there some system detecting those comments and floating them to the top, then disabling replies? ( @dang )
Interesting, that's also news to me. I wonder what the purpose for that is? I suppose it's possible to control the kernel version and cgroup configuration more easily that way, but I imagine networking and filesystem access becomes more complicated.
Isn't it some kind of survivorship bias to ask the winners of such bets afterwards?
“Becker held the roughly 10-minute call with investors at about 11:30 a.m. San Francisco time. He asked the bank’s clients, including venture capital investors, to support the bank the way it has supported its customers over the past 40 years, the person said.”

The above was the right answer that would have maximized the wealth generating machine.
I'm starting to hate programming discussions, after you've read a lot of them they're predictable, boring as hell and you can argue endlessly just because you value a little bit different things.

This discussions is yet another, nothing special way of saying: context matters.

You have a list of requirements of what you want to achieve, some of them do appear during development and you develop against this.

I have completely no idea why "software part of the internet" is losing their shit over those 2 guys arguing since it doesn't seem to be "deeper" than 2 random people arguing in some random comment chain.
Bluesky (Protocol)
Not only is it debatable, you never see any type of evidence. And how would you measure it?
Yes. Their reasoning can still be interesting.
I remember how Jon Stewart on the Daily show made fun of him about getting predictions for Bear Sterns wrong and got under his skin when the financial crisis of 2008 was afoot.
Uncle Bob,the eternal noob of programming.
> Curious what the efficient market hypothesis has to do with this?

Let's back away from SVB, because it's not currently traded.

In 2020 the car rental company Hertz went bankrupt. Nevertheless, the stock traded a low but non-zero price.

You can either say that people were crazy, or if you take the efficient market hypothesis to heart, you can see it as an indication that there was a positive probability that Hertz stock would be worth something after the bankruptcy.

As for the value investor perspective: for SVB you would try to come up with your own valuation, compare that to the market price (and thus market capitalisation), and if the latter was low enough, you'd buy.

As an efficient market guy, you'd skip the first step, and just assume that the market price is probably fair enough; and just buy an index fund that includes a small fraction of SVB.

(SVB used to be in the S&P 500.)
This was my experience of prison: the random exercise of power by petty screws or prison civilian workers. It didn't take much to cross them or their egos.
Looking forward to the sequel: "Mistakes I made as a manager, but had to go back to engineering to see"
Plenty of stable coins have been proven to be ponzi schemes.

Terra/Luna anyone?
There will always be trade off no matter where we decide to put them. Either that or we return to living in villages and forget about modern civilization.
I tried to sell this in Texas a decade or so ago and feedback from most tenants and commercial RE folks was they were concerned with lighting, visibility , safety (as in, increase opportunities for theft/assault), liability, etc of having panels on their property. All I wanted was the use of their land and I was going to fund everything else. Likely would have pursued selling them low rate electricity. The market wasn’t ready for it at that time.
A shocking number of people believe otherwise. I heard even more disgusting analogies about this, but one is enough for today.
Interesting. It works the same in a most European languages (Vicepresidente, Vice-président, Vizepräsident, Wiceprezydent, Viceprezident, Віцепрезидент, Вице-президент, ...).
The semantics of a simple functional language