skysight-inc/HackerNews huggingface dataset:
It was profitable in 2019 and 2020, and could have been in 2022 (the first semester was huge, probably because of all the stuff happening all over the world).
i.e. TLDR there are thieves, arsonists and other criminals so let's be 1 too? We're truly doomed if everyone's like this.

What does this have to do with the corporate world?

Welcome to the real world.

There are bad players everywhere, but you don't have to get corrupted?
Well that's far from the complete picture. It's not that the gov't is backstopping all bank stupidity -- the new facility simply says that for redemptions, US government bonds and MBS can be valued at face value not market value. Only for the purpose of ensuring liquidity for redemptions
Any article, tweet, or comment section on this issue is rife with willfull ignorance of basic banking practices, chief among this being the strawman multiple bank accounts.

The FDIC limit is not just some technicality that businesses abuse with many accounts, it is a recognition of that fact that banks like SVB, which hold large deposits from a small number of highly correlated depositors, are fundamentally more risky than banks with a large number of smaller uncorrelated depositors. Sweeping large deposits across banks and properly investing in treasuries reduces systemic risk and prevents bank runs in the first place. The de facto removal of FDIC caps defeats this diversification and protection.

The current dollar value of the cap also makes sense. Unlike what plenty people are trying to claim, there is no amount of money for which that current system is unsuitable. Deposit sweep accounts cover up to $3M (and diversify across banks, exactly the point of FDIC limits). Money market funds provide short-term treasury exposure above that, and businesses with many millions liquid should absolutely be expected to invest in treasuries. If Bogleheads can do it in their retirement accounts why can't $10M+ startups?

Maybe the SVB depositor bailout was necessary in this case to prevent broader panic, but it sets a grim precedent for depositor behavior that ultimately makes the system more brittle and reliant on government handouts (which despite rhetoric to the contrary, will be paid for by the taxpayer/bank account holder).
Cool, which game is it?
This is very easy to advocate for when it's never actually going to come to pass.
Correct me if I'm wrong, but aren't both of these links about proactive recalls to address something that may happen, whereas the Tesla news is more about pictures of wheels having already fallen off resulting in NHTSA investigation? [1]

> Tesla quoted the vehicle owner $103.96 to repair the defect before removing the charge.

These seem like different classes of problems to me. There's also I think a large difference between "the bolts meant to keep the steering wheel to the column in the car get loose" and "the brand-new vehicles were delivered without a necessary retaining bolt to attach the steering wheel to the column"

[1]: https://www.theverge.com/2023/3/8/23630358/tesla-steering-wh...
Silver Lake to acquire software company Qualtrics in $12.5B deal
Obviously NHS funding can't continue growing faster than inflation forever. That is unsustainable. At some point the NHS would consume the entire government budget.
Probably real answer is aging.
Maybe they stopped after splitting of Energy:

https://www.reuters.com/business/siemens-supervisory-board-e...

My understanding was that they will completely split into many small parts, but it seems that they came to their senses.
Why all the quotes? It makes your response seem either sarcastic or disbelieving, either way a bit disrespectful.
I've seen this argument made a few times, and it's nonsense. SVB didn't fail because they paid out 4.5% APY on their money market accounts; that's pretty safe for them because they can easily earn that much from low-risk bonds and Treasuries and as I understand it that doesn't have the duration mismatch problems that affected their normal, boring, no-or-minimal-interest demand deposit accounts. (Also, I'm pretty sure people weren't earning that kind of interest for the past few years - the interest rate increases that made it possible are really recent.) It's related to the cause of their failure, but only in the sense that the fact interest rates increased so much that it was viable to offer that kind of money market account caused outflows from other accounts - it didn't particularly matter whether it was SVB or any other bank, or even potentially corporations just buying bonds directly.
All the buried config options on AWS services to lock them down. It's a complicated platform.
Ask HN: What modern tools should be standard part of a modern unixy distro?Why?
There's a huge leap taken by this piece with distressing casualness.

"This action effectively means the $250,000 FDIC limit is meaningless: all deposits in any bank are presumably insured by the full faith and credit of the United States."

Exceptional circumstances sometimes call for exceptional measures. A bank with 85% of its accounts over the $250k limit where most of the depositors are contractually locked-in companies is not normal. Moreover the contagion nucleus in this network were a few culpable super-spreaders with exceptional power. Other banks don't face that threat either.

Banking policy must be written to include exceptional circumstances, but the idea that all banking policy needs to be rewritten to burden smaller banks with situational precautions which are impossible for them to encounter is dangerous idiocy. Don't write housing codes that require 9.0 earthquake tolerance in areas primarily hit by hurricanes!

Furthermore it's dispiriting to see generous tit-for-tat given such a cynical portrayal. If two people have knives to each others throats you don't win by just not being the first to cut, you win by putting the knives down.

This situation was exceptional, and the panic was triggered by people with outsized network influence who should have known better. So maybe, just maybe, we deal with the reality of the situation rather than assuming it must be a harbinger of total change.
Please release on non-Steam platform (e.g. on itch.io). Some people actively oppose Steam DRM and won't create an account on principle.
That's still how most OOP tutorials do it tho. It's an industry-wide disease
The above explains how the system is flawed and the solution is not to throw public funds at banks to in a way reward risk taking. I don't generally support bailouts.

Again, the system is intentionally made this way. Insurance would not even be needed if safer banking models were approved, which they're not.
Ask HN: How do you come with a startup idea?
What strategies can one employ to generate an innovative startup idea that outperforms existing options, similar to how Plausible created their privacy-focused and user-friendly analytics platform, which stands out from competitors like Google Analytics?

Rather than creating a copycat app, I'm interested in discovering an idea that sets itself apart in terms of quality and utility. What techniques or approaches have been effective for you in identifying unique and valuable startup concepts that can compete against established market players?

Additionally, what resources or tools would you recommend for conducting research and assessing the viability of a potential startup idea?
I include Japan and South Korea in "the west", they share political and economical ideologies and military alliances with the USA.

The term itself is an artifact of geographical considerations from the Cold War era, with Europe and Russia being west and east of the other respectively.

Nowadays with Russia increasingly demonstrating their ineptitude, China is starting to fill "the east" shoes.
I'm quite confused, not the same project at all? To me tiny c compiler always meant the bellard page. Super useful stuff for micro hacky projects.
30k words but not one picture of the laptop smh.
I don't actually know, but the FW "abuses" splitted thunderbolt connections to get to those features, which I must imagine needs beefier controllers and is more energy intense, than solving e.g. microSD in a more direct/integrated way, without thunderbolt in the middle.
That’s more or less every interpreter. CPython compiles to bytecode before interpreting that, yet nobody would call it a compiler.
At least according to this tool, "rock stars" are still fair game. EDIT: never mind, I got it wrong. No rock stars either.
However, if SVB had EVEN longer, say, 10-15 years, they would have been fine, right?
How do you get such a contract at the big providers?
>_shrug_ will it work? I don't know. It really better

The need to be able to field questions like these is why I feel we need open-source economic simultion packages. Does anyone think that people in the individual Fed reserve banks are running anything other than flat spreadsheets to model the financial system? Theyneed to develop economic modeling scripts (at minimum!) a field which is in its infancy. The datascience & modeling capability in HN would eclipse the forecasting power of an econometrics-focused Fed statistical modeling group.

I briefly collaborated with a talented individual behind the Threadneedle economic simulation package. Here is her rubric on github for entering into this kind of work.
https://github.com/jackymallett/Threadneedle/raw/master/Docu...

I'd like to see a python library devoted to economic modeling w/ classes for central banks, investent & retail banks, applied into umpteen think tanks' different competing models.
The answer seems pretty simple. Don't invest much more than you're ready to lose. I'm sure that even in the US there's a way for a business to open an arbitrarily large risk-free zero interest i.e. no investment bank account.
OpenChatKit
when a senator is openly doubtful tax payers won't pay for the bailouts...
That's the point, though. Java's Optional<T> always incurs that extra cost, but e.g. Kotlin's T? doesn't have that (because ? just allows null), and Rust has an optimisation for Option<Box<T>> that reduces the representation to a single pointer (and the empty case is a null pointer). You absolutely can have that level of optimisation while still having the optional type.
So, basically what your saying "All you need is a damn good tokenizer"
BLM protests were many separate events, containing both peaceful protests and riots. The trucker protests were largely a single event, which, while economically destructive, did not involve burning buildings or overturned police cars.

Also it seems like you didn't make it to the next sentence, where I characterized the trucker protest as an entire city in gridlock and effectively tortured by constant horn noise.
I’m not talking about the study which you provided a link to — I’m talking about the study which you are replying to — i.e. the feature article — https://phys.org/news/2023-03-online-iq-scores-century.html
Probably because OP didn't call it that back then
As others say, interest rates growing are like a U-turn for investments.
Silicon Valley is full of non-sense money flowing because money itself was cheap to loan.

There's a global re-alignment of the economy due to the de-globalization of politics.

Politics is just following the feelings of people, who cannot bear the current state of globalization any more: less children, less education, more old people, more bills, more taxes, more bureaucracy, no escape.
So they start being protectionists, blame migrants and close the borders.

This is true for all USA, UK, Germany, Italy, Russia and China.

Well, it was very apparent already if you actually have a look at the world's outlook today.
There's one such site that creates a QR code representing a cryptocurrency address. Once it's created it will display your code with right next to it their own wallet address for "donations", labelled in tiny font. Can't imagine how many people scanned the wrong one, even just pointing your phone at the screen can capture the wrong one.

Pretty "genius" idea.
Everything would get moved to the handful of "too big to fail" banks.
Use real useful code example

Have Logger with StdoutLogger as basic example of it

Then FileLogger that extends it with few functions related to files

Then DBLogger with few functions related to logging to database

Then TestLogger for integrating with test framework
I've been consistently surprised basic utilities (netstat, iostat, screen (or tmux), etc etc) are NOT by-default installed on servers with a 'vanilla' instal (ie not requiring an extra kickstart or autoyast)
To me it sounds like you don't understand them either?

What you seem to be talking about about is cashflow insolvency. You can have a wildly profitable contract that pays in 120 days, but have no cash on hand to pay debtors. The work you are doing is profitable, you just can't afford to pay your debtors right now.

Profit != cashflow, that's why it's called cashflow insolvency instead of profit insolvency. You seem to be mixing up profit and cashflow.

But you're also talking about the wrong thing. These banks are not in cashflow insolvency. As far as I can see, these banks are going through what is called balance sheet insolvency. Their assets are worth less than their liabilities.

However, the assets are weird as the $100 bond they have is presently worth $78 even though in 10 years time it will be worth $100 again.This is because the interest the bonds pay is so low, no-one wants to buy it right now.

So their balance sheet doesn't add up, and as people started taking money out, they couldn't cover their liabilities. It LOOKED like their balance sheet was fine as they were valuing them at $100, but then they were forced to sell them and suddenly they have a big hole in their balance sheet.

So they're insolvent not because they've got a cashflow problem, but because their balance sheet doesn't balance. And the regulators stepped in to stop some creditors getting all their money out before that bank essentially went bust, leaving other creditors with nothing.

And now the regulators seem to be saying "we're going to guarantee that $100 bond is worth $100 even if you can only sell it for $78". By loaning people money up to $100 against it if they have one.

And they are claiming it won't cost the tax payer anything. But they're making 0% loans to banks when high inflation is happening, so the money they get back is going to be worth less than if they spent it on roads or healthcare, or whatever.

Maybe I'm wrong, and happy to be corrected, but it does seem what you're saying is wrong.
Partially agree, but ... the tech bubble is pretty good on dictate trends and set standards that the general public will be in 2-3 years in advance.
All the x.y multi-speaker configurations are missing a "top" speaker. Why hasn't anyone invented that yet?

For the recording, with the ground transmitter stationary, it could be separated by one receiver shilded to look at only the ground transmitter, and a second omni-directional one for anything flying.
> Why can't we crack this micro-payments nut?

Because most people that seem to try are trying to crack the relatively easy part, which is the actual payment. If all that you needed to do was have a small amount of money go from a site visitor to a site operator with nothing else affected or involved or triggered it would not be hard.

The hard part is running an international business, and that is what a web site that accepts micro payments (or macro payments) is the moment someone from another country pays for its content.

When a site visitor pays a site operator, regardless of whether it is a micro payment or a macro payment, and regardless of the mechanism used, that transaction might:

1. be subject to sales tax or VAT by the visitor's government, the operator's government, or both,

2. be subject to tariffs or duties if the operator and visitor are in different countries,

3. be subject to reporting requirements or other paperwork due to sanctions if it is between countries,

and probably many more I'm forgetting.

Even if you just sell in one country it can get annoying. In the US sales tax when you sell to someone in a different state is due in the buyer's state, but the seller has to collect it. There are thresholds below which there is no tax, but unfortunately many of them are of the form N transactions or X dollars, with N around 100. If 100 people in such a state do a $0.01 micro-payment on your site that's $1 of revenue but you have to collect and report sales tax and it is probably going to cost you more than $1 to deal with.

To avoid all this what you can do is to have an intermediary between the site and the visitor with that intermediary being the seller that they buyer deals with. In other words, a store that carries the content from many sites.

The site is then just selling to one entity, the store, so at most had to deal with keeping two governments happy (its own and the one of the country the store is in). The store deals with all those issues of selling to people in hundreds of different jurisdictions.

Notice with the store model you don't actually need micro payments for the visitors. I think most people would be OK with a model where they could buy credits in multiples of some small but not micro amount, say $1 or $5, and then use this credits to buy content from site for micro amounts. And the store doesn't really need micro payments for the sites, because the store is aggregating all of the payments to the site. It can wait until the site accumulates enough for a macro payment.

But there would still be a role for micro payments in this model. With the macro payment for credits approach the visitor has to have an account at the store. If there were too many stores you might need accounts at dozens of stores to cover all the sites you are interested in. Ugh.

With micro payments to the stores you could probably get rid of the account requirement.
It looks to me the Fed identified and used some corner case in the law (feel free to substitute loophole for corner case if you wish).

During the early weeks of Covid, I was amazed how quickly the Fed created new tools to address the financial crisis that was unfolding [1]. Although I interacted with Fed regulators, I was not close enough to ask them if they pulled all-nighters. It would not surprise me if they did. In fact, that was the only plausible explanation I could find, either that, or some of them are 10x guys.

President Biden just gave an address [2] saying that the Fed will work with the Congress to make sure the situation will not repeat. So, yes, you are right, increasing the limit will require an act of Congress, and this will come, but it will take some time. Until then, the new "infinite limit" will be de facto, but not de jure.

[1] https://www.americanactionforum.org/insight/timeline-the-fed...

[2] https://www.youtube.com/watch?v=dLVbVqqsXF8
You could build coreless transformers that worked at 60 Hz, with no losses.

You could build electric motors without loss.

You could fill the Tevatron tunnel at Fermilab with new magnets and use it as either an accelerator, or an energy storage facility, depending on the time of day and demand.

I'd make a wedding ring out of it, and be able to feel magnetic fields.

I'd make a SQUID with it, and experiment with the |A| field (electromagnetic vector potential).
Thanks for linking “Elves leave Middle-Earth”.

The soda can anecdote made me realize that “We give you free soda and after-hours pizza, so you can ruin your health for the company.” matured unceremoniously into “If you want to ruin your health, pay for it like any other member of society.”

Realize it, and “embrace the warmth of leaving home.”
Circle needs those dollars highly liquid because otherwise they'd run into issues with their own customers. Exchanges can't give the customers T-Bills when they trade for dollars.

Also startups do not get paid in Treasury Bills when they strike deals. Clearly this system is flawed and prone to bank runs, which happen again and again. Because business people especially are aware of how banking works, they know the bank doesn't actually have the money in full. When there are issues, it's a risk leaving your funds with the bank instead of pulling them out.
Now you mention it, I've seen Julia mentioned here before and it peaked my interest then as well. I'll give it a go. Thanks.
A picture is only worth a 1k words. I ask for 30 pictures to make up for it!
The whole west/east dichotomy is an artifact of the Cold War. Countries aligned with the US and Europe are "west", countries aligned with the Soviets (now Russia) are "east".

Nowadays China is taking the helm of "east" from Russia, but either way it's a geopolitical concept and remnant.
The point of doing this is that the deposits hopefully won't feel the need to leave. After all, the BoA account you were planning to move them to doesn't have a public letter from the Treasury Secretary saying it's insured to no limit by the FDIC.
sumOptionalLong 1,201,987 us/op | 326,949 us/op

Sum Optional long is about 4x faster. 1.2Million microseconds per operation (pre Valhalla) vs 300K microseconds per operation (post Valhalla).
Couple basic lines of thought when it comes to business banking:

- Corporate MultiMega Bank

- Whatever bank you already use for personal banking

- Whatever bank offers the best business checking where you live
Ah yes, now I get it! I either didnt read the article clearly or you outline the steps much better than the article does!
My bad.
Wonder how much ASCII art you could get in there if they trained on IRC chat logs XD
us-east-1, it's always us-east-1

Don't host production stuff in there. And if you must, have a backup somewhere.
From https://www.usatoday.com/story/money/cars/2017/10/27/ford-fu...

>A person in Georgia told the National Highway Traffic Safety Administration that a steering wheel fell into their lap in a 2015 Fusion when turning into a gas station on Sept. 23.

>Two other people reported that the bolt attaching the wheel to the steering column came loose while driving and had to be retightened at a repair shop.

From https://money.cnn.com/2018/03/14/news/companies/ford-steerin...

> Ford is recalling 1.4 million vehicles because the steering wheels can become loose and even come off while driving.

> The automaker says it is aware of two accidents and one injury that may have been caused by the problem.
Oh, Marc Feeley. Wonder if we'll see a Tiny-C target for Gambit?
Because, as I kinda expected when this first was launched, The replaceable modules come at a cost of not just internal size but also structure. You can't just cut out the corners but actually need to re-enforce everywhere you cut out. Then, where they put the card slots normally contains speakers in this category, so they needed to move those down to the battery area. Finally, every internal component needed to be packaged for repair. (Also, I'm not sure about the choice to go dual 2280s on a 13 inch)

https://images.idgesg.net/images/article/2021/07/framework_5...

Note how remarkably large the speakers are, how much structure is around the battery, and how much the logic board is pushed down. We all hate the reduction in reparability in modern macbooks but look at the outcome:
https://images.macrumors.com/article-new/2021/10/macbook-pro...

This is a 14 inch Macbook Pro. It fills every last inch with equipment that, each on their own, are best in class. The battery is 30% bigger. The Speakers are louder and have more bass, the system is designed to handle far more wattage from the SOC.

The Framework laptop is a great first attempt, but I'm not really convinced they are quite there yet. They really need to drop the Macbook Air design and go for boxy here to maximise volume. It absolutely needs a dedicated GPU option.

Having a laptop a lightly technically minded person can repair easily makes little sense if it isn't targeted at their niche. Generally you start deep in the niche and move mass-market as you expand.