skysight-inc/HackerNews huggingface dataset:
Public transit doesn't run enough. In Japan, which has one of the most functional train systems in existence, staying out late (and not even very late!) means paying for a hotel room or post-drinking room (they serve you snacks and wash your clothes, etc).

This is in Tokyo.

Public transportation can't replace private vehicles. It can help. It can be useful. It can't replace them. It's like trying to replace traditional powerplants with wind - it doesn't work.
Yeah, paying for accounts for half of your employees seems quite strange. I like that it allows otherwise paying users to create orgs but it creates weird politics like stated.

What about just allowing paying users to create many (some high number) orgs for up to 5 people? Maybe scaling a bit if multiple paying users are inside. Then bigger orgs need to be paid.
>> 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.

Once the losses on their bonds approached the totality of the SVB equity tier, they should have either accepted the loss, or they should have hedged it away (with an interest rate swap, and locked in a loss.) At that point they would have had to declare the loss (not hide behind AFS accounting treatment) -- and taken a massive equity hit. However, in the above case, the depositors would not have been at risk.

SVB would have lost equity value, but would be a going concern. Instead, once SVB's unrealized losses piled up, SVB rolled the dice hoping things would turn and effectively bet depositor money.

This is not the customers/depositors' fault.

This is not the government's fault.

This is not the Fed's fault.

This is the fault of bank management, specifically risk+accounting+exec teams.
Yes. It makes one admit to a mistake. Intellectual honesty. “We failed” instead of “we are a victim of circumstances”.

Edit: however, a pr release with language other than what’s written on the linked page can be a liability.
https://archive.is/0I3lV
It’s a different set of operations for the most part, when you look into it. Drawing a 2D line or blitting a 2D sprite is quite different from texture-shading a 3D polygon. It’s not generic “number crunching”.
> Now, SVB, loaded with money, could have tried loaning it like crazy, but instead, decided to go the conservative way and buy bonds.

They did try to originate more credit, but couldn't.

But you don't "loan out deposits". Having deposits makes your credit creation more profitable because the cost of that capital is zero, but you only need reserves sufficient to satisfy net flows of funds.

EDIT: Also note that if the bank buys government bonds, the central bank will always buy them back (or at the very least lend you money against them very inexpensively). Government securities satisfy liquidity requirements.
You're being ridiculous. Are you saying that computer system could gain sentience?
The most important part about venv is that you shouldn't need it. The very fact that it exists is a problem. It is a wrong fix to a problem that was left unfixed because of it.

The problem is fundamental in Python in that its runtime doesn't have a concept of a program or a library or a module (not to be confused with Python's modules, which is a special built-in type) etc. The only thing that exists in Python is a "Python system", i.e. an installation of Python with some packages.

Python systems aren't built to be shared between programs (especially so because it's undefined what a program is in Python), but, by any plausible definition of a program, venv doesn't help to solve the problem. This is also amplified by a bunch of tools that simply ignore venvs existence.

Here are some obvious problems venv doesn't even pretend to solve:

* A Python native module linking with shared objects outside of Python's lib subtree. Most comically, you can accidentally link a python module in one installation of Python with Python from a "wrong" location (and also a wrong version). And then wonder how it works on your computer in your virtual environment, but not on the server.

* venvs provides no compile-time isolation. If you are building native Python modules, you are going to use system-wide installed headers, and pray that your system headers are compatible with the version of Python that's going to load your native modules.

* venv doesn't address PYTHONPATH or any "tricks" various popular libraries (s.a. pytest and setuptools) like to play with the path where Python searches for loadable code. So much so that people using these tools often use them contrary to how they should be used (probably in most cases that's what happens). Ironically, often even the authors of the tools don't understand the adverse effects of how the majority is using their tools in combination with venv.

* It's become a fashion to use venv when distributing Python programs (eg. there are tools that help you build DEB or RPM packages that rely on venv) and of course, a lot of bad things happen because of that. But, really, like I said before: it's not because of venv, it's because venv is the wrong fix for the actual problem. The problem nobody in Python community is bold enough to address.
> And then a bunch of small business fail, then everyone else looks at 20 other small and middle-tier banks and realizes they don't want to end up the same way and pull their money out, then they fail

Why the hell should a bank fail if people take their money out of it? THAT's the problem. It's just not a thing in other parts of the world _even with fractional banking_. The fact a "bank run" can generate losses for depositors is simply a consequence of a lack of regulation. The further fact this can generate a "contagion" is a consequence of the banking system simply not hedging their investments correctly and not applying simple risk-management mechanisms, and they do it for the same reason: lack of regulation that keeps the accountable.

Again, this kind of problem simply doesn't exist elsewhere. Just look outside the United States and the solution is simple: either you deregulate or you regulate, you can't have your cake and eat it too.
I don't know much about RPI alternatives, but those seem to either cost a lot more (BeaglePlay) or they seem to be much larger and with worse power consumption (used Xeon workstation)?
Libertarianism is opportunism as a political alignment.
Here's a question: Whose capital does YC invest? Only partner capital? Do they have outside investors?
There's nothing diplomatic about it. It enrages me far more than the truth.
What does it mean "he is on the wrong side of politics"?
Reflexive nihilism does not help.
Find Productivity Tools
Maybe the people who were stupid enough to lock up over half their balance sheet for ten years were smart enough to not do it for 30? Most financial people who take a stupid risk to chase yield don't think they are taking a stupid risk. They, through self delusion or other means, convince themselves it is a sure bet.
There isn't even a need for a public blog post about this change in business strategy. This reads fine as an internal email, but I've never worked at a company that publicly referenced their layoffs.
What a terribly perverse thing to do, given climate change.
Yea I think your third paragraph about journaling accomplishments might do some good. Breaking through the mental barriers seem to be what I'm ultimately trying to accomplish.

I'll check out those books, I've heard a lot about Marcus Aurelius.
Difficult market to jump into with Tesla openly saying they want to disrupt the heat pump/heating space with their established manufacturing and dealer/installer network. They also have some significant IP in the heat pump space with their octovalve heat pump design which is being battle-tested and proven in one of the most hostile environments.
A Planet Money episode on bonds as turtles and the impact of changing rates. https://www.npr.org/2022/10/06/1127357539/why-are-stocks-and...

Note that Planet Money is intended more for accessibility and entertainment than hard hitting economic news... but they still get their facts right.
Thanks. I'm actually a few weeks away of launching my product and run a bunch of campaigns. Will try it then!
I will email you when I do!
They also lobby for government subsidies and other market interventions they view as beneficial to them. Most are economically liberal only as far as it is useful to them.

I'll also bet that SV executives and VCs overwhelmingly donated to Democratic presidential candidates and other Democratic candidates out of state. It's not just buying favor with California politicians.
Hadn't heard of GlitchTip, but will look into it. Thanks!
I didn't expect the response that I got.

There is an article on how Korean women are sick and tired of men.

I write basically that men should also do the same thing regarding women.

And get hit with the "incel" word.

I must admit, I honestly don't understand why it's ok for women to say that they want to live without men, but not the same for saying men not to live with women.

Can someone explain this to me? I thought it was pretty fair and equal, didn't mean any offense. I sure wassn't meaning any horrible things by it. I thought it was very honest comment that I wrote.
good, you can come with me, and I can use you as a distraction when meeting Box. you'll never have to go outside again!
When you’re the most valuable company in the world, is it? Wouldn’t you want to just keep doing what you’re doing?
Try getting an AI to write a sestina.
> It is questionable whether people foolish enough to vote via SMS should be considered competent enough to vote in the first place.

It's not remotely questionable come on.
Put it in bonds of whatever duration the bank chooses, but require sufficient equity that the shareholders will bear the loss and not the depositors?

Interest rates didn't increase in a single step. If the SVB had been forced to recognize their losses on a continuous MTM basis, then they'd have been forced to raise capital (or liquidate if they couldn't) by late 2022, when they were undercapitalized but not insolvent. The shareholders might still have been zeroed, but the depositors would have been fine.

In fact, the SVB designated those bonds as held-to-maturity, which allowed them to avoid reporting the loss, leaving them adequately capitalized for regulatory purposes despite being MTM insolvent. That accounting treatment doesn't change the actual economics though, so they still blew up.
There is unfortunately a risk of false positives with this approach - I might want to use the <surname><forename> variation myself for certain things and I should be able to do that.
I suppose I mostly agree with you. I certainly don't consider buying a house a good investment per se, I just want to think compared to renting since you have to also live somewhere.

Thanks for the perspective, this is a question I've been thinking a lot recently and you (and others here) certainly have given me a lot to think about.
Why is that incredible? It sounds like simple crony capitalism, and we all know that’s alive and well.
re: "were obviously from a real person"
i question how you can know that these days!

I always assume if it invokes that human emotion of "oh, help this poor guy out and reply" it's a trap!
I leave it to others to judge the validity, but I found Brad DeLong's epithet for Thiel amusing (https://braddelong.substack.com/p/saturday-night-thoughts-on...):

> Even so, SVB knew it had gotten itself into trouble—that it had put too large a share of its assets into long-term Treasuries that it intended to hold-to-maturity, and that while it was notionally hedged against interest-rate duration risk by this hold-to-maturity strategy, that strategy put those assets outside the circle of those available to meet unexpected withdrawals, and so caused liquidity problems. SVB was, I am told by sources who really should know, because they talked to people talking to people doing the deal, that SVB came within twenty minutes of getting enough additional cash to fix likely problems.

> Then chaos monkey Peter Thiel showed up: advising companies to pull their money out of SVB.
It is important to keep in mind that the companies are the ones doing the impacting. They don't have to lay people off, they're choosing to.
SpaceX is sublicensing spectrum from existing carriers such as T-Mobile in the US.
Reassigned to an external role
I've never heard this as an actual term, thank you for sharing.
That's not on my TODO! But Gambit does have support for TCC. For example you can use TCC to compile a file to a dynamically loadable object file (aka shared library). The compilation is faster than gcc and the code size is typically smaller too:

$ cat hello.scm
(display "hello!\n")
$ gsc hello.scm
$ gsi hello.o1
hello!
$ ls -l hello.o1 # this is generated by gcc
-rwxrwxr-x 1 feeley feeley 18152 Mar 13 17:16 hello.o1
$ rm hello.o1
$ gsc -cc "tcc -shared" hello.scm
$ gsi hello.o1
hello!
$ ls -l hello.o1 # this is generated by tcc
-rwxrwxr-x 1 feeley feeley 4432 Mar 13 17:17 hello.o1
They did not buy everything in one day long before the Fed moved. The moves by the Fed were well telegraphed in advance and once the initial hike was done it was off to the races so to speak.

SVB had many opportunities to do hedge and honestly, why on earth should bank or anyone else "take the Fed at their word". People make mistakes, institutions make mistakes, people misunderstand and on and on.
You're on point here. Your analysis will be wasted on the dunning-kruger comment you're replying to.

Apparently Larry Summers, probably the greatest living former treasury secretary and architect of the only balanced budget in my lifetime, was "lucky".
A furloughed employee has the expectation that employment can resume with the company, while a laid off employee does not. This is important for tax and other legal considerations.
... but looks aesthetically unpleasant.
Devbox 0.4.3: Powered by Nix Flakes
> We try to catch most errors in Python during compile time.

I feel Python is not the best language for catching most errors during compile time.
I think this is just a matter of opinion. When something severe happens it's natural to not use the most harsh term to describe the event. It doesn't seems like something malicious.

When describing a death many people will say "they are no longer with us" instead of describing the circumstance of death. When talking about traumatic events we as a society have a natural propensity to not use triggering words. There is nothing intrinsically wrong with that unless it's hiding information. As described above no one is hiding anything because we all understand what happened.
> I expect the receiving end to uphold some guarantees, such as that it won't be backed up in an unencrypted form on the other side.

I am not interested in platforms that allow others to impose DRM on me, no matter how much the platform boasts about freedom and privacy.
I'm one of those expensive EKS Experts. I encourage many of my customers to go to other clouds that are cheaper, but there's a) a "Nobody got fired for buying IBM" thing that founders want, and b) Actual value in the AWS Ecosystem of managed products for all sorts of things.

If you're using Kubernetes, you want a managed cloud storage solution and you want a managed database solution, and AWS is among the best for those. (Though, personally - I prefer GKE). The smaller VPS providers have solutions for those. DynamoDB, though? Not so much.
Thank you for your insightful response and good wishes. I completely agree that "listening" to user behavior is essential for success. We need to collect and make sense of all the data we can. Being data-driven can lead our product to greater success. All points you've mentioned are pretty valuable. It's easy to say, but not much easy to do.
I went back to GitLab's announcement, because I thought it was better: https://about.gitlab.com/blog/2023/02/09/gitlab-news/

Turns out, it says: "reduce the size of our team by 7%", which also isn't as specific as the OP is suggesting.

HOWEVER, they then go on to spend more than half of their post explaining how the impacted staff is supported, and YES, that did make me feel better.
The problem here is that people are not, at scale, hitting the news company website. Users of social media platforms see headlines, sometimes an alt text/description followed with a picture, and that is it. They start jumping to a discussion on said topic with whoever posted the news piece.

People are not reading the articles in full (and therefore being presented with ads, or a subscription paywall), but they are engaging on the social media platform that in turn is making money with ads and other features thanks to the engagement produced by the shared news article.

News companies are being cannibalized by social media companies who get all the engagement (and ad revenue), while people at scale are not signing up for paywalls or even visiting the news site to read the article in full.

I believe this will hopefully make news companies get back to a profitable business, while making conversations on social media platforms a lot healthier.
> Can’t build anything significant with leaked models.

If it's behind a SaaS, I think you can.
No, you don't understand. Making it non-cloud-capable incurs a cost.

And there is no they, the commenter is a single individual.
Well, for one, I imagine the "network" provided by YC is less valuable to late stage companies than it is to early stage, so YC probably found they were not able to bring as much value.

Second, the amount of capital needed to invest in later stages is much higher, and with companies delaying IPO, they would be tying up capital for much longer than they probably expected originally.

I have no insight into YC, this is just my guess as to how it is different.
The distinction feels entirely academic to me. Managing packages means having a sane way to define the dependencies of software projects, so they can be checked into version control and be installed reproducibly later and/or elsewhere.

I don’t know which problem python intended to solve by separating the two, but it doesn’t occur often in contemporary software engineering work.

Having said that, the point you make is valid and Poetry is a good option, but it feels so maddening having to learn about like seven different tools which all do more or less the same but not quite, and everyone and their mother having an opinion on which is the best. Doesn’t help that there’s an arbitrary yet blurry line where package managers end and environment managers begin.
Personally I'm not sure why anyone would want to be an entrepreneur, nor do I think it is a respectable position to be in necessarily. There are plenty of other things to do to live a respectable life. But I ask, respectable to whom? Do you want to be famous for something? Again, personally, I think this goal is going to cause you more harm than good.

I am not a great programmer, or a great designer, or a great musician, or artist. I'm not particularly great at anything I do if I'm being honest. And I've struggled with childhood trauma, substance abuse, various other manifestations of mental unwellness, and it's frequently very difficult. However, I have come to realize that there is no point lamenting this. Just play what you have, think as creatively as you are able, care about yourself, and get into something stable enough to allow you more freedom of thought.

Hopefully this isn't too corny, but you aren't alone and all the time there are people somehow managing to overcome their terrible odds. Also if you are a drinker, stop drinking at once.
I go with the “wrong email address” replies when I can too, but for bigger orgs sending automated emails like Apple in this case that doesn’t work.

I’m wondering whether to look through all the attachments I’ve received over the years for a phone number and maybe try to call them but I’m not sure how that would go down.
It's in their bank filings, so reporters can and do dig it up. For SVB, it was 96% uninsured

https://www.semafor.com/article/03/11/2023/hedge-funds-offer...
Not even that as it doesn't have function calls or even print!

See Feeley's response for the proper context.
I wonder if Peter had shorted SVB
We hereby lay their employment with us to rest.
then you have to get creative with the filter. Filter on the to and the subject line and content etc.
communication :)
I assume you’re talking about https://github.com/matrix-org/matrix-spec-proposals/pull/254.... There is nobody from the spec core team or for that matter the matrix core team on that thread; Sorunome, deepbluev7 and Cadair are community contributors. You can spot the folks who actually are project members (ie core team) by the “member” label next to their names in Github. It is unlikely that the MSC will pass review (when we finally get to it) unless it’s e2ee… unless MSC3414 automatically handles it.
Of course. My issue is that there seems to be no serious acceptance of this reality and, therefore, a strong political push to address it. All we talk about are the wonders of electric-everything, as if power will magically appear from somewhere.

Gradual adoption is conceptually easy to understand, except that in certain places it will not take much for gradual adoption to reach a threshold that will lead to a painful reality. Speaking in terms of Southern California, it doesn't take much for a city like Los Angeles to create a power availability/grid crisis. We've already been there multiple times.

The issue with reliable (strong emphasis on that term) power generation is that, in the US, it takes decades and much red tape to address it. In other words, cart before the horse: We can't afford to materially increase demand without a solid preexisting plan to also materially increase supply ahead of demand. The two need to be out of phase, with power generation build-up happening first.
> non-profit research organizations, branches of government, traditional, sustainably-run companies

The same problem plagues all of these models: they're hierarchical and top-heavy. Having worked at traditional companies and having considered a career in academia; there's a reason these organizations get outboxed.

Innovation requires risk and investment. How are any of these three an effective model of risk? Big companies will invest without taking risk, research organizations and academia will take risks without investing, and branches of government and political entities (in the U.S.) are famously bad at both (ex: healthcare.gov).

> The fact that Silicon Valley is boxing all of these things out of the market doesn’t prove they won’t exist. They did before anticompetitive behavior became the business model du jour

Blame anticompetitive behavior all you want, but there are widely-known systemic issues with all of these alternative structures that makes them ineffective.

> and will again

Only if you create a walled garden where they are the only competitor. Obviously the current internet model favors VCs because R+D is cheap and quick. For rocketry, semiconductors, etc. (i.e., fields which require large upfront capital investment) these alternative investment models fare better.
I strongly agree with this, and I have been actively using Python since 2009.

Trying top keep a Pygame/Numpy/Scipy project working has been a real struggle. I started it with Python 2 and ported to Python 3 some years ago. The whole Python 3 transition is a huge mess with every Python 3 point release breaking some things. No other interpreted language’s packaging system is so fucked up.

On a positive note: Lately I've liked using pdm instead of pip, and things seem to work quite a lot better. I evaluated Poetry, Flit and something else also.

I just commented about this on Twitter, when someone asked “Which programming language do you consider beginner's friendly?”
https://twitter.com/peterhil/status/1633793218411126789