skysight-inc/HackerNews huggingface dataset:
This speaks to my latter comment. You can use sweep accounts to increase protection, money market accounts which have different risk profiles, T-bills backed by the USG, etc.

That said, it's all a tradeoff. Increasing FDIC insurance coverage means decreasing the yield on savings accounts, since banks fund FDIC and wouldn't take a cut in profits for it. Not sure what the optimal outcome here really is.
Oh agreed. And I think the FDIC will be doing that. On Friday they promised "an advance dividend within the next week": https://www.fdic.gov/resources/resolutions/bank-failures/fai...
On this site lately there seems to be a truly deep sense of unmitigated woo over all things AI and this comment nicely demonstrates it.

We know so far that human cognition and sense of self is still largely a mystery and no evidence exists to show that it's just mechanical remixing of absorbed things. Contextually, many humans can indeed create novel suggestions, arguments and ideas, and they can self direct towards these in ways that no AI can so far. This does indeed make our cognition visibly unique without even having to mention anything religious

ChatGPT on the other hand is literally just a well-engineered design for creating coherent phrases from a huge training set of human information. As even its very creators admit, it doesn't consciously think, consider for real or perform literal AGI in any way that's sentient. For you and others here to call this equal to human cognition is absurd and not based on measurable evidence. It seems more guided by emotional awe at something presented in a new way than guided by sober reasoning. And you talk about human-centric ego arguments being tiring?
There is a DVI sock for the Pi Pico:
https://www.elektormagazine.com/news/dvi-sock-hdmidvi-for-th...

Analogue output is actually easier that's why it's done. Here, you just have to push out some signals at the right (slow) timing and you get a picture. DVI/HDMI requires pretty decent technology to do effectively.
If you aspire to run an indie software business like this, you might want to take note of how absolutely boring most of the success in this space is.

Web analytics is boring. Cron job monitoring is boring. Running a backup service is boring. These businesses (the cron one is mine) are all doing great, making millions. But in this space the vast majority of devs are chasing fun and cool projects in web3 and AI that are more tied to cool ideas than actual business problems.

Businesses are, mostly, boring things. They have boring problems. If you’re doing something too interesting there’s a good chance you’re just playing around
I doubt anyone who can do anything about it will read this, but if I get a single piece of autoplaying media that I didn't choose, I'm ditching Spotify that day.
Lying to people about an objective perspective of their current state of being is good for them?

Feeling better in the moment just enables people to ignore the root cause and thus fail to make progress. They need truth that their current state sucks, hope that it could be better, and to recognize that their own agency has an outsized effect on their future. And maybe they could use some help breaking down their problems into smaller more achievable steps.
A sovereign state in a capitalist society is a capitalist state. A capitalist state always serves, in aggregate, the interests of the capitalist class. Karl Marx showed us how this works 150 years ago and nobody has challenged this part of his analysis to my knowledge.

I am familiar with the delusional American libertarian fantasies, but that's just ideological denial. They haven't done any actual analysis of how a government or state works, or who influences it.
> But not long ago, a $2.5-millionaire opening 10 different bank accounts to stay under FDIC limits would have been called paranoid.

Maybe I'm paranoid. But I have a few accounts. Not enough to make everything FDIC insured, but enough to get more insurance and mitigate risk.

And my most recent startup used IntraFi's product to get diversification and more insurance.
The newsletters based everything off of publicly available information.

By Thursday, the news were already abuzz with SVB being in dire straits and the CEO calling people to tell them their deposits were safe.

It's funny you compare this to the hindsight of a conspiracy theorist when this whole notion that Peter Thiel used secret insider knowledge is by definition a conspiracy theory. I only present the alternative, that there was information publicly available that could have led one to draw this conclusion.
This isn't a black swan event, it was run of the mill mismanagement.
Imagine thinking cultural impact is Twitter memes.
They could have deposited the funds at a bank that charged a fee to hold it instead of FTXing it.
Great thing about k8s: you can expose all your dev env needs super fast and easy.

And adding a dex or so upfront is also super easy.

If you are a small company and need this regularly try to take a look at managed k8s.

It will be worth it
yes startups are a rickety vessel and they usually fail, we shouldn't pay for that
The critical piece you're missing is that building and maintaining muscle mass increases your metabolism greatly. Michael Phelps eats 10,000 calories a day. This an extreme example, but the principle is true for all of us.
I'd be curious to see before and afters, I've never used Spotify. Been using SoundCloud for the past... 10 years? Has everything I need and nothing more.
That's a very odd way of stating "here's a sector that will be badly hurt if the contents of their checking accounts disappear with an unknown timeline and percentage recovered."

By that rubric, you could perfectly well claim that your accountant, laundromat, and lawn care companies are systematically important, because they'd fire their employees if their checking accounts disappeared.
>Unfortunately, many small companies and first-time founders can't get a business account at one of the big banks.

Why? I opened my first business account at Bank of America moments after I created the legal entity.

Opening a business bank account is straightforward. Unless there is a KYC issue, you can do it all online in minutes.
Exercise is the key to fighting bad inflammation, making it the key to fight off a legion of inflammatory diseases including many related cancers.
Can it run a ~GNUscreen text console attached to a serial port attached to pins on the other side of the Pico, and maybe a BLE keyboard/controller? (And how, while I'm at it; Thonny has an AST parse tree menu item)
By ‘afloat’, do you mean, “keep the depositors whole” or “keep the bank operating” or both?

A lot of confusion centers around the assumption that any bailout will be for the bank’s operations, not for the depositor’s deposits. That’s perfectly valid confusion - historically it’s been the latter! - and the FDIC isn’t willing to talk about deposits yet, either.
The actual repo's instructions work perfectly without modification under Linux and WSL2:

https://github.com/ggerganov/llama.cpp
I doubt this redesign is driven by product managers creating work though (not that that isn't a real phenomenon) but the more insidious effect of the attention economy. Leaving users to drive and curate their own experience doesn't match the "engagement" you can gain by endlessly shovelling an algorithmically optimised feed of content into their eyes and ears, while they endlessly scroll. And the more control you have over what content is being seen, the more effectively you can monetise it by prioritising whoever pays you the most.
> after which the initial price paid for the bond is returned to the holder

Probably better to say "face value". The initial price paid for the bond may well not be its face value.
it's the banking version of acquihire.

Bank CEO: "We want to get more tech biz customers, but we don't want to start from scratch with high risk startups."

FDIC: "We have this bank with a lot of established companies"
Agreed that (ceteris paribus) a discrete open source project can have an edge on design, because it it's generally going to have a smaller scope, a more crisply defined mission, and fewer stakeholders to put their grubby fingerprints on the vision. As a designer, my most hated enemy is a system that cannot be simplified, because there is some arbitrary requirement that it remain as bloated as it's always been, plus let's keep shoveling more features on top of it because a VP said so.

An additional advantage a FOSS project has, in theory, is that it probably doesn't have shareholders that demand growth and increased engagement all the time. So many bad product choices can be explained by the observation that companies with a huge market share still have to keep growing somehow, so they're going to try to keep users in the app longer, or just throw out a bunch of new features they hope will stick, whether anybody wants them or not.

Or, the cargo cult method: redesign the app to copy whatever is currently growing, hoping that will work.

Obviously, not all open source projects are well designed, and not all bloated unicorn products are badly designed. There are other factors.
I'm interested in 3. Is there any research or data about that?

I do not encourage fat shaming at all, but I can also imagine that in some cases shame may be a powerful motivator for some people. Is there hard data showing that it actually makes it harder?
He's trolling. There is nothing to buy. Why are we covering this?
Just copy-and-paste headlines from your favorite American news outlet. It works great on GPT-J-Neo, so good that I had to make a bot to process different Opinion headlines from Fox and CNN's RSS feeds. Crank up the temperature if you get dissatisfied and you'll really be able to smell those neurons cooking.
.. wrote a simple script to maintain a different history per gnome-terminal. Not 100% mine, but extended it to a point where it is working great for me!

https://askubuntu.com/a/1458448/1679924
Does it work with rust?
Even though I dislike this guy, he is not wrong. First Republic is most certainly going into receivership tomorrow.
Ah could also be, but the whole sentence was like this:

> Why not just pick one from the Awesome Tunneling? Think broader. Not everyone is a dev…

So I read this as targeting non devs.

I think every other alternative from that list also supports common usable links.
Did they control for anti-fat bias? Unlikely. Especially in the medical system, fat people don't get their body issues taken seriously. The stress of being treated poorly by everyone in your life undoubtedly has a huge impact on your lifespan.

Did they control for efforts to change you body? Most fat people are trying to be thinner. Plenty of ways that people are told to change their body involve extreme stress to your body (caloric restriction, extreme diets, stimulant pills).

Did you know that being underweight is ALSO associated with health problems, sometimes as extreme as the ones associated with being very fat.

Anybody reading this and wanting a more nuanced understanding of this stuff should listen to the first few episodes of the podcast Maintenance Phase https://www.maintenancephase.com/

edit: I'm getting downvoted for pointing out two well documented factors that the linked article doesn't seem to account for - I thought we believed in facts and rationality here?
I'm sympathetic to the tech mirage view generally. One piece I don't quite understand though, is why did tech so disproportionately gain from low interest rates when compared to other industries?

Is it just because the friction of starting a non-physical business is so much lower? I'm not quite satisfied with that as an explanation, because that provides a competitive advantage to tech vs other industries regardless of interest rate levels.
I mean, yeah, that's ultimately a potential problem for the federal budget. But that's not what tripped up SVB - long-term Treasury prices declined because higher interest rates made short-term Treasuries more attractive than long-term ones.
Sooner rather than later [1].

[1] "Diverse Intelligence" - a talk by Michael Levin, timestamp: induce cells to make an eye anywhere, https://youtu.be/iIQX6m2eRPY?t=2939
Exactly this point. Every single offering brochure on those business checking accounts notes the FDIC limit. If they’re interest checking accounts, they are money market backed and clearly state no guaranteed return rate or even guarantee of capital. Heck, even my not savvy mother knows to keep her money market retirement accounts in different banks just like you describe.

How can we possibly allow the CFO of these companies to get away with not managing finance risk, no matter how small. That was their only job, to manage finance risk. No business continuity insurance? Lines of credit with other banks? Convertible instruments that could be sold on Monday AM to raise cash? So many other ways a CFO can manage cash and risk but did not.
I also thought of several examples; breathing in/out of a paper bag, hot air balloon, or that experiment where you put heat up or metal container and put the opening on water and it gets sucked in (or crushes a thin can). I can see that it takes work to sustain these, but what about just putting a glass bottle in your mouth and pulling a vacuum and carefully putting your thumb on top. You can create a slight vacuum in a glass bottle this way and it will stay there until you move your thumb and hear the "whoosh". But I guess it still "wants" to fill the void as soon as you unplug it, so I guess I understand.
There's a marketing angle to calling yourself "Silicon Valley Bank."

This is just the ugly side of that marketing playing out.

Meanwhile, the FDIC is required to do whatever is less costly to the FDIC insurance fund. There really isn't a lot of choice in the matter from the government's perspective.
Only the most extreme pendant would argue that "searching for food" is an inappropriate simplification of "foraging." ChatGPT also simplifies the term of art "lithic assemblage" which, devoid of context, I don't think most would understand.

And, regardless of what the rest of the article may say the original abstract does NOT make it clear that the "stones created by macaques are quite distinct from what our ancestors made"--that information is not present in the abstract and therefore ChatGPT has no chance to preserve that subtlety. (Notwithstanding the original abstract uses the phrase "almost indistinguishable" which a reasonable reader cannot interpret as "quite distinct".)
I like South Main Auto's (Auto Repair) channel. The way he troubleshoots and diagnoses problems is very informative and you will learn something new about fixing cars in every video.

I say, If you can turn a wrench then you can fix a car. You just need to know which bolt to turn.
There are two aspects to my comment: (a) whether one agrees with my comment or not (b) whether one understands what's going on in the world. My comment is about (b): the way students and their parents crave for HYP/S undergrad admissions; HYS law schools; Harvard/Stanford b schools; tells us that even those who sneer at elites want their kids to be part of the same elite or at least become servants of that elite.

By the way, I didn't go to any elite college anywhere in the world. However, I want to understand people.
As a public service, I would recommend you down vote into oblivion any comment/article spreading FUD like this one. Although the fears are valid, talking about it and spreading it is exactly what causes the vicious cycle that will lead to another unnecessary bank run. If you want to pull your money, do so silently. Stop telling other people about it.
If you'll indulge me, I actually think your final paragraph could be copyedited to illustrate all of your suggested 'standard' rules — though in your own rendering you only used commas and periods.

> Write a single sentence, which clearly and concisely includes exposition, thought, aside, rhetorical question, self rebuttal and conclusion, without following the "standard" I included in my edit: This is what allows writers (like James, Joyce, Gass, Gaddis, Wallace, Pynchon, etc) to write their wonderfully long and complex sentences (and by complex I am referring to meaning as much as structure); we can have great meaning with simple structures, but we have to accept a certain amount of ambiguity with that—sure, that challenge can be executed as a paragraph, but then it ceases being a single thought; it is a collection of thoughts, and that is a very different thing.

I tried to stick to your 'standard', though you might disagree on some of my choices. I would say I found it a little constraining. Here's an alternative edit that doesn't follow your rules but – I find – creates a more fluid reading of your original words:

> Write a single sentence, which clearly and concisely includes: exposition; thought; aside; rhetorical question; self rebuttal; and conclusion – without following the "standard" I included in my edit. This is what allows writers like James, Joyce, Gass, Gaddis, Wallace, Pynchon, etc, to write their wonderfully long and complex sentences—and by complex I am referring to meaning, as much as structure. We can have great meaning with simple structures – but we have to accept a certain amount of ambiguity with that. Sure, that challenge can be executed as a paragraph; but then it ceases being a single thought—it is a collection of thoughts, and that is a very different thing.

All of which I hope goes to show that these choices are a matter of taste, not absolute rules
So how did you manage your treasury when you were running your businesses? Did you split it 10 ways? Did you buy t bills?
> My 12-person startup gets a $10M series A and my first priority should be to find 40 banks to put it in? CDs don’t work — my job is to spend that money in the next 18-24 months, not save it.

You just ask your bank to place the money using IntraFi. You can get a little more interest by locking up some of the money on a 9-12mo ladder, which makes sense if you have 18 mos of runway.

If you have an unanticipated expense or opportunity and need to spend some early, it's a small penalty to get the money out-- usually 6 months of interest, so as long as the probability of having to spend a bunch more is low you're ahead.
The post has a workaround for the PyTorch issue with Python 3.11. If you follow the repo instructions it will give you some rather strange looking errors.
Remove the single point of failure in having one bank. Put the money not needed for day-to-day operations into short-term liquid government-based financial instruments like t-bills.

If you still think the risk is too high, pay the premium for CDARs or insurance.

It is not about removing all risks. It is about making it acceptable. If your primary bank fails, you can manage it like any other strategic business risk.
Depositors are senior creditors. Junior creditors should be wiped first, but if there isn’t enough money to pay senior creditors then it makes sense they will get back less than par.
I don't think that 2+2=5 is a matter of viewpoints or opinions, and I don't see how correcting a factual mistake (or ignoring it) can affect your mental health and very likely corrections will be well received.

If instead you are talking of viewpoints or opinions, generally speaking the HN members seem to me quite civil, though there are more than a few topics (usually politics and related, but not only) that for some reasons whenever brought up seem to create very hostile reactions or however an adversarial environment.

If you stay around some time you will surely learn to not touch or comment on them (or be ready to receive downvotes and/or nasty replies if you do).

But on most topics, unless you are (needlessly) snappy or dismissive you shouldn't have problems.
Internet Historian is doing the best work on the site right now.

Unfortunately his most recent video got a copyright claim, but in the meantime you should start here: https://www.youtube.com/watch?v=Qh9KBwqGxTI
My friend robbed a bank and less than a month later it was bought by wells fargo and had that western horse wagon logo. I thought that was a hilarious coincidence.
> Or by raising earlier than expected, as a down round?

Raising down rounds will be lower on the priority list to layoffs. Most companies would vastly prefer to buy more time to grow into their next milestone than to admit they can't achieve it and raise at a lower valuation. We generally know this to be true, in part because we just watched it happen across the entire tech ecosystem over the last ~12 months or so.

Logically, it makes sense. VC backed startups operate on optics and momentum. Layoffs are recoverable, failing to hit goals is much less so (I'm speaking purely about optics here, not my personal preference).

> though I'm not convinced that a high proportion of SV companies are actually solid

This is likely accurate. But that's not necessarily criticism, most companies in their early days aren't "solid" (if by solid you mean default alive and/or having a path to profitability). SVB is overly exposed to these types of clients, which is why I think there stands to be a large impact here if depositors need to take a 10-20% haircut.
Exercising is easy, most people can find an activity they enjoy doing. Eating right is a far more demanding task, and sadly that's what matters when it comes to losing weight.
And if this is a challenge, realize that whatever you're about to comment has probably been said before, and could probably be generated automatically using the tools of the day. It might not "need" to be said. Including my comment.
Pension funds - and municipalities - have no business to take the funds that they have been entrusted with outside of the country where they reside. The same kind of nonsense led to the Icesave debacle.
the anti-woke turds really having fun with this one, ey?
Yes, my reading is that he knows well, he just wants to socialise his insurance costs (including self-insurance, by splitting deposits across several institutions).
"A real bank" like SVB?
Sorry I meant $42b, which is the amount of USDC collateral held by Circle.
Their remaining assets after they were hacked. They gave everyone's account a 36% haircut and issued a kind of equity to "cover" the rest. I guess it ended up working for them because they're still around, but personally I wouldn't touch Bitfinex with a ten foot pole.

And I think I read that SVB's losses this week exceeded their cumulative profits since inception so it seems likely that even 100% ownership of the company wouldn't be valuable enough to make their customers whole.
Ask HN: How can I get Augmented Reality devices powered by ChatGPT?
I think Augmented Reality powered by ChatGPT is going to overshadow Virtual Reality in the short to medium term. Sorry Mark Z.

How can I get my hands on AR devices powered by ChatGPT today?
The manufacture of cancerous plastics has negative externalities and it's especially silly to pay these when a significant amount of them never spin.
Because depositors have no reason to get their money out of Chase and into another regional bank on the brink of failure.