skysight-inc/HackerNews huggingface dataset:
Project managers manage projects for stakeholders. Product owner is the biggest stakeholder.

"cannot survive without the other unless"

A project manager cannot function well with no stakeholders because they would have no vision on what to build. A product owner doesn't need a project manager but using one adds automation.

The lead is everyone the developer, pm or owner depending on who is asking. The product owner reports to management.. they see this person as the lead. The product owner sees the pm as the leader and pm sees the lead/senior developer as the lead. Each person leads some aspect that someone above leads
I prefer to minimise banking's influence over everything, because banking is itself a form of political regulation - but not a democratically accountable one.
In order to be trusted with a lot of money, you need to be really bad with money.

Guys, I’m starting to think the economy is sick…
I don’t think “many times” is an accurate characterisation.

The Tories have been in power for about 12 years now. And anecdotally I feel we did a lot better during the last Labour government (questionable overseas military action notwithstanding).
Just want to call out that these bank related threads related to SVB fallout are full of disinformation and some scammers. Be careful and check/ask for sources.
The big problem with your idea is that if you buy it at the airport bar, it will be double the price and half the strength.
How do I use it to pay for content I consume? I'm serious.
Why doesn't Spotify have a dislike button? There are two or three songs that infest my daily mixes. They're like itches I can't scratch.

Hiding an unwanted from a playlist seems to be just a client-side action that doesn't tell the server anything. And the feature isn't implemented on Linux or Tesla anyway.
Spacemacs comes with evil-mode (emacs vim emulator) default and it's very feature rich, so I think for someone coming from vim it'd be ideal. I personally use spacemacs with evil-mode disabled (I don't do vim, never did, have no plans on learning it) and I absolutely love. It's just a bit unstable but overall great operating sys... ehm editor.
It seems that the solution might be stablecoins like USDC implementing a policy that you are guaranteed one USD for every USDC you redeem within a maximum of a few business days, and under normal conditions it will realistically be much, much faster. If you want to expedite the redemption you can do so for a lower redemption rate. The idea would be that this discourages panic runs. A half baked concept as I've described it, but something roughly along these lines should work, I'd think.
> How does this affect the risk decisions made by other banks, knowing they will be backstopped by the public if, like someone with a bomb strapped to their chest, they promise to take everyone down with them?

This is a key question, and the reason traditional banking and investment banking should not be allowed in one company.
yeah, had nothing to do with crypto.
Nitrogen pollution laws will soon change the numbers for the Netherlands significantly
Empathy is completely irrelevant. You agreed to a particular financial contract, one that ended up being a mistake ex-post. Now you want to wind back the clock and pretend you agreed to a different contract, and leave other people on the hook for it.

"Well, if you want to see startups solving hard technical problems we need to have some real talk about how that has to be structured financially"

There are deep, functioning, financial markets. Private buyers were already making offers to buy uninsured deposits at a discount. The world wasn't going to implode. Equity holders and founders were going to take a haircut. That's fine, that's equity's job here. Don't try to get out of it when shit hits the fan.
I think this is probably where we will end up: Deposits above the FDIC insured level have to automatically go into money market funds with a weighted average maturity of 5 days or less instead of the loan portfolio of the bank.
Used MTS at Durham University (UK) in the late 80s/ early 90s. I think the terminals were Lear Siegler ADM2s or something similarly old school. IIRC the real value of the environment was the forum software that allowed students to chat with one another.
That's a very good point. That's a serious dick move, IMHO.
The market is buying this up, failing to realize that things will continue to break as interest rates are increased further. The Fed isn't interested in saving banks. They're there to quell inflation.
> anything you can do in a tui can be done better in an actual graphical window.

Almost certainly. But for whatever reason, most GUIs created happen to be really bad at the things that most TUIs I've used happen to be really good at, namely searchability, reflowability (mostly used to increase text size and change font face for legibilit), and keyboard navigation.

GUIs that nail these things are delightful. They're highly accessible and extremely efficient to use. But it also seems to me like the full power afforded by GUI toolkits leads a lot of developers to pour a lot of time and effort into other things (which matter less, at least to me, personally) while totally neglecting those aspects of their apps.
If the barrier for entry is low enough for several players to enter the field this fast - I wonder what could raise the barrier? The models getting bigger I suppose.
Sure, but for many reasons (including taxes and other administrative issues) having two more-or-less-offsetting positions in completely different contexts is not the same as paying a debt.
Shareholders lost all the money they spent on capital. That’s a lot. Exec employees extracted a lot, and in a just world that would be clawed back.
"Equity is when you take risks, except for the risks you didn't anticipate"

Absurd take.
Nigeria has 200 million people and only a fraction of the oil industry of Saudi Arabia.

Qatar and UAE have vastly different demographics.
"Cronyism" is the long-term result of capitalism. It will always result in this type of corruption, it's the nature of an economic system that rewards greed.

Cronyism is just another way to say "Late Stage Capitalism."
It's not allowing the bank to continue to operate under its current owners. Equity holders are likely getting zeroed and debt holders are likely taking a haircut. It's deposit insurance, not a bailout (at least in the sense of how the term is normally used), and where the money is coming from is irrelevant to that.
The regulators panicking and putting a tiny backstop of $25BN vs $150BN+ of uninsured deposits to attempt to stop a run on the bank is a resolution?

This is only to calm the markets before market open. We'll see if that enough to stop a bank run when this time everyone knows about the SVB situation and withdraws all their money at the same time.

Seems like this is an attempt to save the VC pyramid scheme that got caught up in the collapse and needed government intervention to 'save' them.
Cite your sources or go away with your FUD
So you are just going to ignore them?
Foreign Governments Are Still Targeting Americans on Social Media, NSA Says
An amazing collection of gear from way back. All that stuff was current when I was starting my IT career.

Question: the guy is into ham radio as well - a lot of us were into that before home computing was really possible. On top of the amplifier and underneath the atenna match box looks like a transceiver but I can't make out what it is. Does anyone know what equipment this is?
Thing is, the 3 banks that failed last week are nothing like a random bank.

All 3 are very highly connected with crypto / SPACs / VCs / any financial scam you can imagine during post-Covid bubble.

There are close to 0 'mom and pop' depositors in these banks.
It's an impossible standard to hold founders to know that deposits are insured up to $250,000? This isn't exactly fine print. Just be minimally competent and not a clown.
> A TM cannot learn an arbitrary CFG. It needs constraints.

Well sure, because CFGs can have unbounded depth, and all real brains are finite. But they can learn bounded CFGs:

https://arxiv.org/abs/2112.09174

> Our brains are much more complex than an artificial NN, though.

Yes, brains have a few orders of magnitude more parameters, and lots of evolutionary baggage. It's not clear how many parameters would be needed without that evolutionary baggage. Time will tell.

> So the mere thought that the two somehow share functionality after a wildly different learning process is somewhat far-fetched.

I don't know what precisely you mean by "share functionality", but it doesn't seem like a stretch to suggest they are in some sense isomorphic given Turing equivalence. Rule 110 doesn't look like it should share much with Turing machines or the lambda calculus or SKI combinators, but these are all equivalent in a formal sense.
FIFA has been known to be corrupt for many decades. They might have had 'balls' 100 years ago when the was little money in it, but I its not that likely.
This is unbelievable. SVB had services that others did not provide (in particular taking risky assets to secure loads or lines of credit). Those who partook in those services had to know that they made the bank more risky.

Who comes up with these kinds of policies? My god. The moral hazard is unreal.
I was not talking about bailing out shareholder. Just the depositors.
That seems like a good counterpoint. Let me read what gives the Dutch that advantage.
> you get more interface with less code using a cli than any other method

I agree. Writing, testing, and documenting anything other than a CLI is so much more work, imo.
Voters in your area who block(ed) all new construction destroyed the housing market. Your blame is misplaced.
You're simplifying the issue down to a CFO looking at a ledger?
https://twitter.com/jason/status/1155224497714110464

Jason Calacanis, specifically, was against help for anybody, especially banks (except his buddies's bank when it was their turn to be in trouble). If your position was that no one is to be helped out, asking then, for help when it's your turn is should cause some self-reflection, or as least a bit of cognitive dissonance. Whether he is capable of even that much remains to be seen.
You're absolutely correct, but the system will be forced to correct itself no matter how much they try to prevent it. It's inevitable. They're just dragging it out.
In the long run, the British culture of checking, enduring, regulating and filling in insufficiency will be vital to balancing the world against a centralizing Asian power.

There's a growing longing in people's hearts - a pull - toward authoritarian and religious control. People are chasing Moby Dick's white whale and are filling their hearts with that craving and emotional desire to follow a goal.

It can be really disruptive to a culture that depends on satisfying wants, giving results to clear needs and obtaining what's lacking.

Britian needs a clearer, beautiful relationship to it's future and maybe we can move past nostalgia for the 1800s.
$42B was withdrawn from SVB on Thursday. That's a lot of $$$ in one day. No wonder this collapsed. CRO/CEO should be held accountable, including their poor messaging that started this. So should anyone who was spreading the panic including some VCs and startups.
They were completely foreseen, and officially announced.
Nope it’s from cheap money
They bought treasury bills, is that really irresponsible? Of course on Monday morning everyone says they were obviously being dumb not hedging their rate risk, but how many people were saying that before Friday?
> what really changed?

The end of said switcheroo. The decline more or less coincides with the current Tory run.
This is incorrect. Payroll pierces the corporate veil.
Right, and most people mean “market-based economy”
> There’s nothing I should have to do to maintain my claim on my bank account.

Thats a wrong statement. You are thinking of money as a public good and thats how it should be, but thats not what it is now. Your claim is against a private enterprize.

You could have access to risk free sovereign money with the central bank and its entirely possible. But private banks are livid against it because it would deprive them of precisely the kind of game that blew up in their face with rising interest rates and discounted government securities.

Ultimately this is not about idiot VC depositors and whether they deserve a haircut or not. Its about idiot bank managers and whether they deserve extracting rents from the entire economy doing basically nothing.
Name and shame? Rather than make a blanket statement on a site like this where there's really not many comments.
They always attack Chinese "ghost cities" and Chinese "real estate bubble / Evergrand" and Chinese "central planning" ...

But in fact, USDT and Binance are kicking while USDC and US Banks are starting to wobble. And it has to do with the irresponsibility of the central planners HERE in the USA (the Fed raising interest rates from 0.38% to 5% in a year!)

https://www.investing.com/news/cryptocurrency-news/binance-c...

Seriously, my theory is (different from the Austrians) that the Fed creates the problems and depressions mostly by raising interest rates. Instead, keep them at zero and let the market figure things out. I am fine with printing money as long as you raise taxes to remove it from the system. Raising interest rates is far worse and a depression is far worse than any inflation.

https://www.bostonglobe.com/2022/09/21/opinion/fed-wants-you...

Well, I guess somehow the reputation of USA of being an "economically free" country versus China lets them get away with central planning and soon the CBDCs and the national IDs for everyone. Not that I like that in China either!
Programmer's time is expensive and RAM is cheap.

Back when RAM was $25 per KILObyte*, that saying was reversed. "Programmer's time is cheap and RAM is horribly expensive." Especially when there were hard limits to the RAM as in 8-bit computing where the hard limit was 64 kilobytes of contiguous RAM. Programmers used to sweat over saving bits, even, hence the packed-data systems where you might fit (say) 3-bytes of data into two bytes by squeezing out redundant bits.

=========

* That doesn't sound particularly expensive till you compare it with today's costs. $25 per KiLObyte = $25,000 per MEGAbyte = $25 MILLION BUCKS per GIGAbyte.

Seeing my current computer that I'm writing this on has 32 gigabytes of RAM, that amount of RAM would have cost me Eight Hundred Million (non-inflation-adjusted) Bucks back in 1980. (And I haven't bothered to adjust with the 'kilo' = 1024 factor out of pure laziness)
Yes I forgot to mention the key part
Should it be the responsibility of every US person

What percentage of Americans have $250,000 in cash?
Good luck teaching such conventions to others, especially children.
Codebase is a Jenga tower – by Robert Ross
Or without a beefy GPU. I've got 8GB VRAM, which is great for Stable Diffusion but not useful for any of the language models released so far.

I think the 4-bit 7B LLaMA would work, but the 7B is pretty fast anyway without GPU.
To be frank, letting depositors get wiped out will not stop those executives from doing the same thing. Most depositors won’t look too closely at what their banks do - heck most don’t understand how banks work. Simpler to just create laws and ban executives who break them from ever working for a bank again.
I will never forget, they revealed their true faces. All these CEOs also. It's a big game, words are just tools to manipulate others into doing what you want them to do, nothing more.
This reminds me of another similar system in which a single action means little, but once a condition is met things change: school.

I’ve specifically wondered about how sunk cost fallacy plays into these systems.

Say you believe that the value of college is only realized once you have a degree. (Oversimplified of course, on purpose.)

Purists of rationality might say that it is sunk cost fallacy to believe that you should finish the last class, since you’ve come this far (the sunk cost part).

But as this article states, the condition change is the meaningful bit; at what granularity should we measure something like sunk cost?

In other words, it’s not irrational to take a final course just to get the credit and finish the degree, even if the course seems useless, because it is a necessary step for the higher level condition change.
None of the other regional banks had the investment risk profile or the depositor distribution (number of individual investors, SMBs, startups) of SVB.
I’d go with tens of thousands in student loans, combined with most jobs being concentrated in high cost of living areas.
In particular, because the people are management who don’t lose anything when investors get wiped out. The solution is clawing back money that execs paid themselves with these embezzled (on a risk-adjusted perspective) funds.
> every US person

Every US person with more than $250k in the bank, perhaps. That is a tiny percentage.
As an American I charge by the hour to service commercial and residential properties. My clients are mostly quite happy with my service. How is it that this is "cryonyism"?
One-Year Adverse Outcomes Among US Adults with Post–Covid-19 Condition
That's great to hear but where were some of them spreading a different message on Thursday?! $42B was withdrawn on Thursday from SVB! SVB on it it's own, some VCs and some startups just killed their own circle of support.

https://www.bloomberg.com/news/articles/2023-03-11/svb-depos...
The whole business of a Bank is to manage interests and money. If a bank didn't consider interest rate and duration risks, it is such a gross mismanagement that it looks identical to theft. That is like a chef saying yeah we had best knife and utensils, we just didn't clean them and some mould was growing on them. On top of that is the suspicious sales of stock by CxOs.
There would have been a massive drop in asset prices for the companies impacted by losing their deposits.
I'm installing it here. How's the 7B model going so far?
Pakistan shoots itself in the foot in the same exact way every N years running up balance of payments, hiding foreign and military aid in Dubai and running to Saudis, IMF and China. It’s not interesting when it’s same old story.
I use the harmonic app on android, and I don't think the karma is visible unless you pull up your profile.
There was plenty of private capital ready to step in and buy these deposits, at a discount of course, making it possible to make payrolls. You and your ilk just didn't like that the equity holders would have to eat the loss. Stop pretending this is about anything else.
That’s a peculiar definition of “solvent”
https://www.rtl-sdr.com/tag/air-traffic-control/

http://forums.radioreference.com/threads/stream-aircraft-am-...

If you want to stream to liveatc, they’ll work with you to establish a receiver that ships packets to their reflector. Very low bandwidth, just have to have a spot to host the RF gear.
The state of your conviction has little to do with the widely reported truth of the actual state of matters.
not reaaaally one of these outcomes. this actually just streamlines the same outcome that was already going to occur. I would say everyone would have gotten 90% of their deposits back, at some unknown time in the future, regardless. this just makes it faster, predictable, and at 100% of the deposits.

it really just comes down to the bank's portfolio. the bonds that these exposed banks had were US government bonds and held at a loss. A probably 10% loss.

if the Federal Reserve winds up owning those government bonds, it actually is destroying the dollars it receives from the treasury. which is actually the Federal Reserve's entire plan in tackling inflation.

also, wiping out shareholders destroys wealth.
Yeah, how much did I lose because these fraudsters mixed themselves into broad market indices?
UPDATE:

Thanks for all the feedback! I went outside to take a walk after posting this and just came back, and went through them to summarize what needs to be improved.

Basically looks like it comes down to the following:

- *customize features:* Should not be difficult (will add flag features)
- *path:* customize the home directory (instead of automatically storing to $HOME)
- *python:* some people are having issues with the python binary (since the package is essentially calling these shell commands). Maybe add a flag to specify the exact name of the python binary (such as "--python python3")
- *avoid downloading files:* I have this issue too when I just want to install the code instead of downloading the full model which takes a long time. Might add a flag to avoid downloading models in case you already have them (EDIT: actually upon thinking about it, it's better to just set the source model folder, something like --model)
- *other flags:* The rest of the flags natively supported by the llama.cpp project, such as top_k, top_p, temp, batch_size, threads, seed, n_predict, etc. (They are already in the code but just was not exposed for CLI and not documented)

- *documentation*
- document the machine spec
- document the storage spec: how much space is used?
- node version: which version of node.js is required?
- python version: which version of python doesn't work?

Am I missing anything? Feel free to leave comments, will try to roll out some updates as soon as I can. To stay updated, feel free to follow me on twitter https://twitter.com/cocktailpeanut (or you could create issues on GitHub too!)
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This is great! Suggestion: convert image on main website to text so it can be copied and add a copy to clibpboard button.
That precedent was set at least as far back in the early 90's when they made depositors of Bank of New England Bank whole after it failed in 1991. This isn't something that started with the financial crisis of '08

https://www.nytimes.com/1991/01/07/business/us-is-taking-ove...
A forced 12 hour work day doesn't make people achieve more, but if you have to compete with others whose output is 1.3x of yours by putting in those extra hours, people will do it with efficiency.

> Although a very very highly educated, very very highly compensated, might choose to work longer hours

Yes, like SV companies are able to do but not sure how this will work in UK.
Yes, and had SVB (among others) not successfully lobbied Congress in 2018 to get big regional banks excluded from more stringent "stress test" requirements, perhaps the regulators could've detected faults in SVB's capital before it was too late.
Any depositors expecting to receive their deposits in due course could take our commercial loans to cover themselves in the meantime. They are being bailed out by the taxpayer to the tune of what those costs would be.
This is going to be the beginning of the end of the banking system. I foresee a huge dollar collapse, the US banking system has just lost its final shred of credibility. It's only a facade of a bank at this point. It's just privileged people with a government mandate to leverage on everyone else's money with no consequences.
Yeah, CDN banks got massive direct and indirect money from Ottawa: https://www.cbc.ca/news/business/banks-got-114b-from-governm...

Canada also had its own duration mis-match crisis with Asset-Backed Commercial Paper where debtors expected to just roll over the paper every 30-45 days... until they couldn't and it froze up. Took a decade to unwind.

https://www.advisor.ca/news/industry-news/lesson-to-learn-fr...

> There are no regional banks whatsoever

Sure there are. Laurentian Bank is almost entirely based in Quebec. National Bank of Canada has almost all of its branches in Ontario, Quebec and NB.

Then there are the credit unions which are almost entirely provincial (with a riskier backstop than that of US credit unions).
> The market is buying this up, failing to realize that things will continue to break as interest rates are increased further.

Expectations of Fed action haven’t changed, expectations of FDIC/Treasury action to protect banks have. The information not already priced in is positive.