skysight-inc/HackerNews huggingface dataset:
I have made changes with other C-level employees in under 30m which had more than 30m of impact.

Can you explain how that would not be the case here? Not understanding how this timing is “coincidental”, it doesn’t appear to be that way at all.
Part 1 – Understanding Hardware Performance
To add to that, does it matter? The government is backing all deposits so does that mean bank runs are a thing of the past now?
Wait, which California are you referring to? There's three, California in the US, and then Baja California, and Baja California Sur in Mexico. There are also quite a few in the UK, not to mention California, Ohio, California, Pennyslvania, and California, Missouri. Don't forget California, Trinidad and Tobago, or California, Ubay, Bohol, Philippines; California, Ontario, Canada, California, Paraná, Brazil; California, Santandet, Colombia.

Hang on, I just realized that I'm assuming you're referring to a place. There's also the movie California, a movie from 1927, 1947, 1963, and 1977. There's also the rock band by that name, a Blink 182 album, a Diplo EP, and a Joni Mitchell song. The California is also a US Navy ship, maybe you meant that one?

Please help, I'm very confused. Which California are you referring to? I'm sorry but this conversation simply cannot continue until you clear that up. If it's the California Nebula, I must admit though that I've yet to visit, though the pictures look lovely this time of year.
> it is clear that the root cause of the problems is the actions of the government and the FED.

No it's not.

SVB bought 10 year MBS a couple of years ago to hold capital. They could've instead just rolled 90 day Fed debt and thus have been largely immune to interest rate changes. What they did was they took a risk with custodial assets. This is 100% the bank's fault.

Why did they do that? Because 10 year MBS had a higher yield than 90 day debt. So they took a risk. Why? For the benefit of executives and shareholders.

SVB did this to themselves, possibly with Thiel instigating a bank run for whatever reason.
Just like Zhao blew on a tiny ember at FTX.
This particular routine doesn't seem that useful, but sometimes these weird vector algorithms that don't seem useful on their own are composed together in interesting ways to solve a larger, more interesting problem. For example, there was a cppcon talk a few years ago where the presenter came up with a novel way of using AVX instructions to efficiently find the median of seven (yes, exactly seven) integers, by coming up with a novel representation of the problem that AVX instructions were well-suited for.^[1]

That said, I don't know if this particular routine is something the author came up with while working on some other problem, or if it's just a neat idea that he came up with and wrote a short blog post about.

[1] https://www.youtube.com/watch?v=qejTqnxQRcw
The natural rate of interest is zero for money with a floating exchange rate. Governments interfere to increase the interest rate, not lower it.
This feels like it could work in a way that would make Youtube money on scammers for a short period of time.

Could grandfather in existing accounts, and have existing accounts give references for new accounts to continue getting "free" accounts. The cost being a loss of the ability to "mint" new accounts if any of your existing referenced accounts start spamming.

So you want to comment with your new account, you either need a "mint" from an existing account, or you need to fork over... let's say $50 to activate comments. (Amount could be whatever).
Yes, this is the definition of neoliberals. In their view the government should only ever operate and enforce market rules (which includes protecting the market from external threats via military). The government should have no opinion on anything and just let the world unfold as the market dictates.

Of course there are no pure neoliberal politicians as such a being would have no policies except cutting popular things and privatizing them. Hard to get elected. So we have neoliberalism with left or right characteristics as the mainstream ideologies.
Ubuntu 23.04 Preparing to Land Its Linux 6.2 Based Kernel
yeah I think there are two things that will be interesting here. The real detailed timeline. How much Thiel's cohorts jumped into offer bridge loans or stopgaps to impacted companies for insane rates/equity.

IMHO this feels like a small problem that was turned into a crashed bank by targeted withdraws -- with the goal being blood in the water for the industry so the companies and investors that yanked out could clean up.
Putting all their eggs in an illiquid basket was not “conservative” and the interest rate exposure they had for some time was not unforeseeable.
> Last year, 196,000 adult fish were expected to return to the Sacramento River to spawn but only 60,000 showed up.

70% decline

If your business depends on this fishing season, what do you do? Go bartend?
The timing and optics on this are just awful.
Silicon Valley Bank parent, CEO, CFO are sued by shareholders for fraud
Is there something you want to spend all your time thinking about, working more than full-time thinking about, while also having a job that seems to give you no responsibility other then thinking about things (and maybe teaching), while also giving you a smaller salary than you are likely used to? Then yes, a PhD is likely a good life experience for you.

I have a PhD and I think it was a good use of my time. I got to study things I am interested in, I developed skills and thoughts on interesting topics, while also having a coffee break or going to do something else whenever I felt like it. Getting a PhD also got me the job I always wanted (research scientist in a corporate lab). I would not have this job without a PhD.

There seems to be a lot of hiring in industry right now at the overlap between domain expertise and machine learning/computational science (this has probably been true since computers became fashionable). So if you don't really care about being a software developer you could probably get a job after a PhD having been a software developer at some domain intersection where you might be programming a lot that would likely justify the PhD you received.

I mean the truth is, nobody here can tell you what to do, it's your life, do whatever you want. Some people enjoy doing a PhD, other people hate it. In my experience, people without a phd typically believe they know what getting a phd is like, people with phd's have all silently and collectively agreed to not discuss the traumatic parts.
They could be jailed for insider trading for selling all their stocks within the past few months. And the funds from those sales should absolutely, at least, be clawed back and then some for their responsibility for their decision making.

I'd, for a change, like to see those responsible for massive business failures held to account personally and financially. The limitations on corporate liability are meant for investors, not executives or board members. And TBH, those accounts with over 100MM in deposit should probably lose the 10% or so under normal rules for this kind of thing, not be bailed out by the Fed, who will in turn likely need to be bailed out by taxpayers, or worse if this happens another couple times in the next couple years.
It’s a very useful distinction; it likely would have evolved one way or another.
I agree. You're fired when you sexually harass or suck eggs. Being laid off doesn't have the stigma for the employee.
What's the crime in Debian? The "right answer about how to manage packages" is "apt install package". Anything else (including venvs) is a hack
This makes no sense at all.

You’re saying that we should ignore detailed analysis that correctly diagnoses issues - for no reason at all?
It is possible for a normally-reasonable person to have a moment of panic and say something foolish.
Oof, I don't lurk here during work nearly as much as I used to - missed the memo about it being a banned source, do you have a link for that? In the past that source has unpaywalled articles specifically for HN readers so I'm saddened (but not really surprised) they decided to go for the full cashgrab.

Not really sure what you want here - the evidence of those programs being affiliated with YC has been scrubbed from the public web, do you not believe in Occam's Razor or are you waiting to find a quote delivered straight from Garry Tan's mouth on the question before you accept the likely conclusion from all evidence?

edit: either way, I don't have a second source - that article from theinformation is the only active story I've found that specifically names the partners leaving.
Are you purposely ignoring the rules around donating to PACs and similar? They are defacto part of the political influence economy, and are not limited like that.
> SVB shares are worth $0 because there was a run on the bank and the US Government did not step in to save the bank, only the depositors.

It also simultaneously stepped in to preemptively save similarly-situated [0] banks, though.

[0] to the condition SVB was in which led ultimately to the bank run.
Yes, that would narrow the maturity gap and pass some rate risk on to customers. In SVB’s case, though, they would’ve needed to sell a lot of CDs relatively quickly, which means their rates (i.e., borrowing cost) would have to be high.
The thing that really surprised me was that even when he implemented IP blocking, the user used a VPN to continue abusing the site. That's a step beyond "casual" trolling that someone might do to test a site's security (not that this is justifiable behavior) and enters the territory of targeted harassment.
I hate PyPI probably even more than you do, but venv doesn't do that. All it does is write a handful of files and make a bunch of symlinks. It doesn't deal with installation of packages.
Maybe the author knows some history and just presumes he'll always be on the side flipping the switch.

That kind of anger and _hate_ has become much more acceptable. Reasonable? No. Mainstream? Yes.
Indeed. This entire Fed action has been a bailout of uninsured depositors who really should have known better. So now "uninsured by FDIC" has the implicit meaning "insured by the Federal Reserve".

I'm not suggesting that corps should have managed every last penny to prevent an uninsured balance but the vast majority of their free cash should have been and sadly easily could have been insured and still readily available.
They do care where it comes from though. And you have to prove it with a bullet-proof paper trail or it's assumed to be criminal gains. I didn't claim I couldn't prove it, but I'll still have to deal with the headache and make my case.
I don't think your sister is where my friends are. They're not demanding schools not take class photos, or whatever. They're just asking people not to record their child and post them online without getting permission first. Most schools at least have you sign a release that outlines what the video/photos would be used for.

> In contrast, as my kids play sports, most of their peers are trying to build their brand -- as NIL deals are almost directly correlated with your social media popularity.

If the kid wants to "build their brand" with parental permission, that's one thing. It's another thing entirely for random people unrelated to the kid to record them and put it online.
As a libertarian, I'm perfectly fine with letting a business fail, and holding the management and board to personally account/liability for their actions.
Dalai 0.1.0 Released
I was impacted by layoffs recently. As in, my department was good, but for how long? Should I start looking for another job?
It's not a straw man to call this a prisoner's dilemma. The bank went from well respected institution to receivership in approximately 24 hours. 42 billion dollars worth of deposits was taken out of the bank. In the amount of time it would take to coordinate everyone (assuming they would even cooperate), someone else would've beaten you to the punch and removed their money. Every additional person that has made that decision puts you at risk of holding the bag. I do not fault any of the VCs who requested that their portfolio companies pull their money out. They saw the writing on the wall and were trying to protect themselves, the companies they invested in, and their LPs.
Perhaps you could argue over the use of "impacted", but the use of passive voice is pretty objective. "We impacted 17 roles today" or perhaps "I impacted 17 roles today" is, well, it's still pretty bad, but at least it takes some responsibility.
To me it’s the phrase “these events” like it’s something beyond their control. Replacing that with “our decision” would be taking more ownership.

Edit: re-reading TFA, they don’t attribute the layoffs to “these events” so I’ll amend this as being a response directly to the parent comment.
> Yet they acted like bunch of illiterate peasants.

Anyone who withdrew their money was acting rationally.

There is 0 upside to leaving your money in a bank that is at risk of experiencing a bank run.
Maybe the news companies should figure out how to attract more people to their sites rather than trying to charge rent on other sites?

Maybe the news companies should write articles that are worth reading in full?

If Facebook links to an article people might follow the link and read it. If they don't link to an article, nobody will read it. There is nothing but upside for the news companies, and people with business savvy would love to have their site linked on Facebook (that's why people pay them so much money for ads!).
> Identifying who was right after the fact is not useful

Why not? It shows who was actually looking at the numbers and who was not buying on the popular narrative. This is a public company, now looking back, there are a lot of warning signs. Turns out that even a lot of professionals DID know and told us about those warning signs.

Nothing to do with being lucky and no comparison whatsoever with the lottery numbers, they based their assessment on public information available to all of us, not randomly guessing that one day SVB might fail.
That seems to be more or less the approach we've taken to date and it's set up a whack a mole game that we appear to be losing.

Get in trouble for air pollution, convert to water pollution, the media gets upset about some chemical you release, then convert it into something no one's thought to regulate yet.

We don't have infinite time to play like this.
> No losses will be borne by the taxpayers.

> None except those with bank accounts

So not because they are taxpayers, and not with taxes.
There was one circulating where the newspaper headline stated that "A man with no active warrants was shot by police." Which is just about the most nefarious way to say "an innocent man was shot by police".
Libertarian is not just a political party. It’s a set of ideas and beliefs. VCs and founders in SV routinely espouse these beliefs and try to pull both major parties in their direction.

There are plenty of communists out there voting for democrats but that doesn’t make them not communists.
Stable Diffusion GUI with a graph/nodes interface
As a Pole all I can say to your comment is "lol".
The transforms are specified so you can position things perfectly these days, when aligned with screen pixels.

Think of the compositing of layers of translucent windows used in modern 2d window managers, while dragging them around. Or even scrolling in a browser. Those rely on the GPU for fast compositing.

Even for 3d, think of the screen-space techniques used in games, where it's necessary to draw a scene in layers combined with each other in various interesting logical ways (for shadows, lighting, surface texture, etc), with the pixels of each layer matching up in a reliable way.
I felt like the blog was incomplete without a picture.
I had to search it and found this: "Soviet Union (93,548) > Employment security, termination of employment (955)" https://www.ilo.org/dyn/natlex/natlex4.detail?p_lang=en&p_is...

> A dismissed worker shall receive a severance indemnity equal to the average monthly wage.

[...]

> In case of restructuring or liquidation of the enterprise, the worker while seeking employment, retains his or her average monthly wage for up to three months, taking into account the severance indemnity.
Newspapers also need to be careful to not spout facts about a potential crime that doesn’t have a guilty verdict. They’d have to throw an allegedly or something in there to write it as you described which I don’t know would read as well. The way they wrote it let them put the facts first (woman hit by pepper ball shot by police) and then hedge the intent with an “appeared to.”
By the way, if you are ever tempted to measure AC with an oscilloscope, please use differential probes to reduce the risk of damage/electrocution. It is very easy to create a pretty significant voltage potential across your probe and reference when poking around with high voltage.
>“That was absolutely idiotic, They were being very transparent. It’s the exact opposite of what you’d normally see in a scandal. But their transparency and forthright-ness did them in.”

This doesn't sound like a great employee to quote.

>Get on a jet and fly to Kuwait like everyone else and give them control of one-third of the bank.

Or this.

>“The saddest thing is that this place is Boy Scouts,” he said. “They made mistakes, but these are not bad people.”

Which makes me question the point at the end of the article. It's fascinating watching these articles come out and trying to guess who is behind them and for what purpose.
Yes it absolutely does carry a stigma.

What companies layoff their best people?

(I say as someone who has been laidoff)
No, the answer is let the SVB depositors take a hair cut and then you will see far better management of free cash.
Is there anything factually wrong with that statement or is this just a cheap attempt at an ad hominem?
> If you hold a bond to maturity you get it’s NPV.

Which, if you are being at all honest, means you calculate its present value by applying a discount rate in line with current risk free returns over the relevant time horizon, which will be a number suspiciously similar to the Treasury yield curve, and you will end up with something quite close to the mark-to-market value.

(And it has to be this way. Otherwise you could go buy two-year-old long dated bonds at a discount on the secondary market and make a killing, because the transaction would have an immediate NPV gain of 30% or more.)

Banks are a bit unique in that they can generally borrow at a cost much lower than the risk free rate due to the existence of non-interest-bearing and low-interest accounts, but IMO those should be thought of as a variable source of future profits, not as a reduction in the risk-free rate to be used for financial projections.
Absolutely gut wrenching. This is child abuse plain and simple. These people are confusing their children and raking in the $$$ and making themselves feel good for virtue signalling. What's society heading for? Wake up.
With so much of texts being written by computers, can we have help on the reading side too? My emails are checked for spam and filtered, ok, but I'd still like to learn what are the important parts of the messages which pass through. Do we now have solutions for that already?
"laid off" is a subset of "fired" "to fire" just means "to dismiss from a job" which includes lay-offs.
In a just world these people would be stripped of everything they own.
The gap between assets and liabilities on thu/fri (as i understand it) was single digits. SVB tried to raise capital, but instead long-term customers pulled their deposits and told their portfolios to do the same. Some kind of restructuring and reassurances have prevented runs like this in the past and could have now. Maybe more will come out, but it felt like it was undone by lack of the kind of co-operation you often in local chambers of commerce and rotary clubs. These people were on first name basis with the board and president of the bank for a reason. Where were they?
> it would not make financial sense

I don't have evidence to accuse Thiel of anything in this event, but many like Thiel, and I think Thiel too, are more concerned with power than money. Many are trying to sieze power in society (in part by creating chaos and disruption), and spend money to do it.
I think it's rather telling that they were run on, and pushed over the ledge instead of bolstered by those now calling for bailout. And now they get what they really wanted, a crosspoint to the Fed rate hikes, and cover under the "too big to fail" umbrella... This won't lead to better practices until people are jailed and or bankrupted over these kinds of actions.
At the very least, we can agree that "Changes at YC" is burying the lede?
> If other big or small banks were also holding long-term, illiquid assets that have rapidly declined in value along with the increase in Fed rate increases, then they have the same problem.

Except the Fed announced a liquidity loan program for banks in such situations based on the par value of the assets, which prevents them from having to firsale them at reduced value, take the markdown, and risk insolvency.
I saw a bartender fishing in 2020 when everything was closed. So, why not?
I don't get it.

People were content only reading headlines before. They couldn't be bothered to click the link and read the articles. I get why that's a problem. But now that the users aren't even being given links... the expectation is that users will go out of their way to find and read those articles?

Is their strategy litterally just playing hard to get?
Do I have data on a website I use sometimes? No.
Tech industry dodges a financial bullet after SVB crash
Fired still semi-exists. Let go seems to show up for insufficient performance, e.g. semi-amicable “it’s not working out”. Fired shows up when somebody really screwed up, e.g. laws were broken or products failed.
Ah so I am! Thanks for the correction
Ask HN: Has anyone made the transition from app development to ML/AI work?
I've been building Rails, Python, Node and, you name it, frontend JS web app development for the last 12 years. I think I've gotten too bored with the same challenges that app development presents. Has anyone made the official career pivot to the ML/AI field? What did you have to do? Did you have to start from a lower-level entry into the field?
I know quite a few Russians who moved to Europe during the war, accepting the first reasonable job offer, scared by the military draft and political repressions. It also seems like many still want to move abroad but can't due to some personal circumstances. So you can imagine what they think of their government and the war.

As you mention lens manufacturers, I used to have LOMO lenses. LOMO still exists, I wonder if you were referring to it and similar manufacturers? A considerable part of its products (not widely known among indie photographers and filmmakers, I guess) are military and dual-use. It's the same for other ex-soviet lens factories in Belarus and Ukraine.

In corporations linked to the Russian government, you can't expect people to publicly express their opinions.