skysight-inc/HackerNews huggingface dataset:
In which case... how many businesses are screaming from the rooftops that you should never, ever, use a file conversion website that hasn't been approved by IT? How many healthcare providers could be running patient records through, to convert their TIFFs to JPEGs? The IP theft ability of running a well-targeted file conversion service, for the right formats used in the right industries, could be horrifying... But that's just a could be...
If you're on Wayland with properly set up GPU drivers, Alacritty was a top-tier performer on my benchmarks (sorry, didn't save them) but can be pathological in other scenarios.
Certainly very valid criticisms. To be fair, I specifically was trying to ballpark it and this graph does not contain the Signature failure yet so I think it is a fair representation of this particular metric.

I also think it's a good point that a dollar is not necessarily equal to another dollar in this context. But the same can be said for individual banks as well.
See

https://en.wikipedia.org/wiki/Hutter_Prize

GPT-3 is said to have 175 billion parameters, if those are float32s (I bet they could get away with less than that) it would be 700 GB of data. It's also said in Wikipedia that "60% percent of the weighted pre-training dataset for GPT-3 comes from a filtered version of Common Crawl consisting of 410 billion byte-pair-encoded tokens"

That would be about 680B tokens, say the average token is 5 characters, that is 3400B characters of text, such that the output is "compressed" to 20% of the input, which state-of-the-art text compressors can accomplish.

Now my figures could be off, namely they might be coding the parameters more efficiently and the average token could be longer. But it seems to make sense that if you trained a model to capture as much information as you could possibly capture out of the text it would be that size. Given that that kind of model seems to be able to spit out what it was trained on (though sometimes garbled) that might be about right.
"The Department of the Treasury, using the Exchange Stabilization Fund, would provide $25 billion as credit protection to the Federal Reserve Banks in connection with the Program."

Where did the Treasury find this $25 billion?
REST APIs can be queried easily enough with curl or a gui like Postman. The more impressive bit is working out the API interface.
It's not that we don't "know" how to do these things, most of us are just resource-constrained. Interestingly, that's similar to the issues with GPT-3 et al. People aren't saying "give us the secret sauce", they're saying "it's problematic for corporations to be the sole custodian of such models".

What would you think of a world where only one country has nukes (due to a monopoly on radioactive fuel, rather than a monopoly on knowledge)?
It is more than the average lifetime peak retirement savings in the US (which will be in multiple accounts, generally).
A friend from college has 3 startups for 3 different drug formulations winding themselves through the FDA / research / etc. The money for those from grants, payroll, etc were at SVB. Is that mom & pop? I'd say so. They're still on a postgrad salary so they can fold money back into moving those drugs forward.
You might have just eaten something dry, and when you put the dish/bowl in the dishwasher all the crumbs fell off.
Surely it does help SVB depositors, since without this action they would (a) take a haircut, since we expect SVB has less assets than deposits, and (b) have to wait some months or years for those remaining assets to be liquidated and distributed to the creditors including them?
The defining characteristic of a Ponzi scheme is that there is no underlying investment.

Most banks make sound underlying investments, but even in SVB’s case there were investments, they were just bad.
FWIW I do both. I work for a top tier tech company and I write pretty commit messages, test my code, and all that jazz. But for the side-project I do at home? You bet I'm cutting corners.

I also think the guts of a TS function don't matter much though. Write a test to confirm the behavior is correct, and then make the return type and argument types correct so that people can call it without hassle. If you need to use 'any' or 'as' inside the function, then go for it.
Dual currencies. Denominate capital in USDC and keep USD for everything else. Make conversion from USDC to USD transparent/illegal/a-point-of-friction/technically-impossible/socially-impossible/whatever-else.
Elsewhere it looks like SVB was required to be used as per other commenters in this thread: https://news.ycombinator.com/item?id=35129692

So yeah, not a better interest rate but the ability to get a venture debt line at all was predicated in banking at SVB.
How SaaS Companies Generate Revenue in a Recession
Well, after downloading the whole 65B model, I got it to talk on an M1 Max MBP (64Gb RAM). Unfortunately, all it says no matter what I prompt it is some combination of these words:

Elizabethêteator Report Terit Elizabethête estudios политичеSM Elizabethunct styczniarequire enviçasefша sufficient vern er Dependingêque политиче Emperor!\ющим quarterктиче Elizabeth estudiosête ElizabethBasicCONFIGSM estudios political book

[edit] btw I'm not making this up; just curious if anyone else has had this ridiculous experience.
Ubuntu Flatpak Remix
Very nice read.

I would not hire nor want to work with this developer.
Is that really true? USDC competitor GUSD has its cash with State Street Bank. They are quite large and still in business.
> As someone once said, there are no atheists in a foxhole, and no libertarians in a bank run.

This isn't all that profound though. People can advocate for a policy or structure of society while also acting in their own interests in any given situation. And you will find countless examples of that in any position or belief, whether it is social housing advocates lobbying against cheap housing being built in their neighborhood or climate activists flying their private jets around, or government school and healthcare advocates sending their family to private schools and hospitals.
I read that SVB in fact had lots customers who didn’t want/need loans, as they were depositing loads of venture money. That was part of bank’s problem.
Fine, but let's talk about the other side of the equation: who should pay to make the depositors whole? Did the depositors do everything in their power to insure against their risk? Is there something in place already to help depositors get some of their money back immediately, and likely more as legal proceedings complete?

It's certainly not clear to me why the depositors, as crappy a deal as they got, should be bailed out by unaffected banks that are financially healthy or, as is the case no matter what, the rest of the citizenry should pay.
The FDIC is backed by the full faith and credit of the US government. If a bank fails, your insured deposits will be made while, usually the next business day.
> The commenter asked me what financial advice I thought was poor.

I did not, you had just assumed we followed some poor financial advice for having chosen SVB in the first place:

> I think you were following some very poor financial advice.

Which I asked you to clarify as we never sought any financial advice. SVB was chosen because it was recommended to use for Startups.

> You yourself asked further advise here.
> Who do we hire to plan and manage this process to ensure we have adequate cash flow?

I never asked this, nor would I ever dutifully seek the financial advice from random internet commentators who's become experts at predicting bank failures after the fact.
If you have a witty or snarky point to make, please also elaborate in a later sentence to make explicit the assumptions that make your witty point witty, for those that are out of the loop.
> Probably Paris

Paris is probably one of the worst places to live in Europe. Looks nice on postcards and it's nice to visit when you never live there, though.
State of Cloud Software Spending [pdf]
The bank is gone, it’s not being bailed out it no longer exists. It has in entirely been taken by the fdic and will be parted up and sold for the benefit of those the former bank owed money to (to wit, those who deposited money with it)
It’s a true solvency issue. They could have announced this before the bank collapsed and it still would have collapsed eventually because assets were less than liabilities
Or you're just old and you don't believe in investing. Lots of people are like this.
Why? It's completely unnecessary that bank deposits should face this much risk.
Revenue comes from a fee banks pay based on insured deposits. It’s been around 8 cents per $100 insured: https://www.fdic.gov/analysis/quarterly-banking-profile/fdic...
So just render the React page on the server and hydrate the markup after the page loads.
Oh, come on, you know what I mean. Russia or other places with unfavorable relationships with the West we hear about “oligarchs” regularly.
1) why shouldn’t it be unlimited and 2) if it is, why are banks private?

This is exactly the way I’d expect a good government to respond: protect the people who could not have known better and fuck the rest.
But why weren't there three commonly used banks, each favored by the three big cheese VC's networks?

Why only one?
That's more than most American will ever have in savings, no less
Yeah this all stinks. I think they are playing games with words. The US taxpayer was the beneficiary of those cheap bonds, so releasing them early IS the taxpayer footing the bill.
The Amish has a more intentional approach to technology than a lot of us.

They don't consider just the benefit but the downside.
Limits on Ukraine’s use of Starlink for war operations is a lesson for U.S. DoD
>Well, when people default on their loans and can't refinance them, they'll default and that money will disappear from the economy. That's on the bank underwriters, and that's when their balance sheets deserve to go lopsided. Not because of central planners raising interest rates.

This "banks are victims from Fed rate policy" narrative is not accurate. A bond portfolio consisting entirely of 10-30 year hold-to-maturity securities is absolute, pure greed and insanity. Any bond manager not engaging in degenerate activity will hold a mix of bond maturities.

This is the bank equivalent of putting all your clients' money into a single stock ticker, and people are doing incredible mental gymnastics to claim that SVB was a victim of external forces
As well, USSR wasn't exactly a classless, stateless, moneyless society.
If any branch could destroy the pointer, you wouldn't be able to use it later, the static analysis would stop the build. No need to evaulate the undecidable.
> why did (apparently) some large proportion of all valley tech businesses park their working capital at the same bank? Is that something we'd expect to happen in a free market?

What's the concern/issue your brain is picking at with this? Based on what I'm getting from your comment you are asking why large groups of people clump together and end up following what's popular/well known. To me, that me says more about psychology and less about the idea of the free market balancing things out. (Not disagreeing with you and not aiming to be confrontational - sincerely curious.)
That's true, but many people will still freak out anyway.
Is it though?

I would think the 20-40 hours/week of exercise I do has more of an impact on how my calories are burned than the raising of my basal metabolism of the extra 20lbs of muscle I have over a very passive version of myself.

Like if I took a week off and ate the same, I as well would put on fat. Just 50-200 x 7 calories (.10 to .4 lbs) less of it. And that is if my eating habits were the same, which they would not - exercise is an incredibly good appetite stimulant, which people who attempt to exercise to lose weight find out quickly.

What I'm getting at - and maybe what you're getting at to is: long term - decades let's say of lifestyle choices leads to things like diabetes. It's not change that happens in a year. Hard for humans to grok.
Right, and the clientele of SVB was largely businesses. Only 7% of SVB deposits were FDIC insured, making them extra vulnerable to bank runs.
> You might be surprised at how many zero-budget hobby sites get to 500k page views a month.

Similarly, you might be surprised how much it can cost to support a SaaS service scaled for a great many 500K+ views/month sites: infrastructure for recording the data and rendering it back out as reports, monitoring and growin/reshaping that infrastructure as needed, meeting user support expectations, etc.

The SaaS service is operating as a business, not a pubic service.

If there is something I learned releasing simple software and slapping websites together back in the late 90s, is that there are no end of people who are convinced you are missing a trick by not offering what they want under the conditions (price usually being a key one of those conditions) they want it. You can't make all of them happy, you can't serve every market expectation, to try is to guarantee burnout of you business, yourself, and (if more than a one-man-band) your people.

Of course if they've genuinely missed a golden combination of features and pricing strategy, why not capitalise on that untapped market? Or use another product that is trying to tap it already.
Agriculture is something like 2% of the economy of the netherlands. Additionally, the vast majority of agricultural production in the other countries you mentioned is consumed domestically. The netherlands isn't richer because of agriculture in any way whatsoever. Its richer because its population is much more productive across its entire economy.
That type of belief is, in my opinion, self-serving and a way to justify geopolitical hierarchies. You may as well say the quiet part out loud that people from weaker countries are worth less.
The word bailout seems to be getting redefined a bit here. The government is stepping in with short term funding to guarantee all uninsured bank deposits. This isn't a matter of another bank buying the failed SVB and the government acting as an arbitrator, the government is setting up the program and footing the bill until they can press the cost on to other banks.

This isn't a shareholder bailout and they say the bill ultimately won't sit on tax payers,but it's a bailout none the less.

edit: to clarify I don't mean it's being redefined by the parent post here, bailout is being redefined for the whole SVB situation to avoid using a term that people respond poorly to.
>At the same time, this is yet another example of changing the rules in the middle of the game. Yellen has just broadcast that FDIC insurance is essentially unlimited, as long as you can threaten wider disruption to the economy.

If this wasn't done... nobody in the world is going to trust their bank within a few days (possibly faster than that thanks to twitter, et al), which would trigger Global Depression II

If someone in 1930 overheard a time traveler referring to World War 2.... the shock would have been overwhelming.

In the same way, seeing the start of World Depression II isn't something I could bear.

It must be true that bank deposits are safe.
Should be fine to do an interior antenna at the distances you’re talking. Enjoy!
> ones that can't afford to do that go bankrupt

As they should. If you can't pay for the labour you don't have a business.
It seems like raising the FDIC insurance amount to, say, $10mm USD fixes this for the general case.
This is why I appreciate TypeScript, as it fixes a lot of Javascript’s syntactic goofiness, but of course I can’t use it natively, which takes it off the table for some projects.
The ESF is nothing new.

https://en.wikipedia.org/wiki/Exchange_Stabilization_Fund

https://home.treasury.gov/policy-issues/international/exchan...
It’s the same as any other religion or hobby. Follow the rules you like and either ignore, bend, or change the ones you don’t.

Like kicking your ball out of a buried lie in a sand trap when you’re a 32-handicap.
> People can advocate for a policy or structure of society while also acting in their own interests in any given situation.

And thus we should have a set of rules we agree that is enforced consistently to increase fairness in the system. We can even charge a group of people with that _governing_ duty, and call them something like _government_?
As someone who has been on the other side of many of these controversies, I know from experience that the popular narrative is generally wrong and fueled by anger and vengeance rather than sense or justice. I don't have any insider knowledge in this case but the discourse reminds me a lot of times I've seen well intentioned people make good decisions that anyone else would have made in the same position, then the mob viciously demands blood when something goes wrong.

Civil forfeiture isn't a means to punish people for wrongdoing, and neither should we try to retroactively change the rules to try to punish people who you believe wronged you.
Hi! Yeah I can do that for you, I'll reply here when I have those ready :)
Of course, because you're listening to American media owned by American oligarchs
If they all have to pay for it, none of them do - we do instead.
Yes, There are exceptions, although, it's worth pointing out that a pinto bean is processed minimally in terms of drying. Like I said, if all you want is calories you can make bread with a 5lb bag of floor and some salt at less than half the cost per calorie of pinto beans.

The point is, if money is tight, which invariably means that time is tight, people don't have time to cook dried pinto beans, or make bread for EVERY meal where the prep time is roughly 12 hours. Add into that, even knowing how to cook is a skill. An all bread and pinto diet is likely to take more time than most people have, and not yield a great health outcome anyway.

If you look at it as categories, the junk food, and processed food aisles are where you are going to on average get your dollar to go furthest.

The whole point of the "myth" is that it is FAR more efficient and cheaper to get everyone enough calories with food from the junk aisle. The origins I believe come from a cooking show where the budget and time were limited. Professional chefs gave up.

Here's the challenge: you need to serve a meal to 4 people (2,500 caloriesp) you have $10 and 1 hour including shopping and cooking. I can think of half a dozen meals that come from processed foods where that is possible, but doing that with fresh foods is HARD.

If you want to go the pure science route, here's a peer review study from the NIH showing that in many places on earth, healthy food is provably more expensive https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6825829/
This is my thought as well. The deposits and shareholder value were destroyed, then only the deposits were un-destroyed. Seems like net decrease in money supply, which should be deflationary to some extent.

I swear some people see "government" and just assume everything is a big porky wasteful spending bill implemented by clueless populists.
I had a dishwasher at my last place, landlord special and everything. But it was smart, if you did a load of dishes, a little led would turn on saying it's done. The led wouldn't turn back off until the dishwasher was fully closed. So you could open it, be lazy and take a clean fork out, and then close it most of the way, and the clean light would stay on.
> It is common for Amish areas to avoid dependence on the outside world, and thus the communities that do use electricity will often rely heavily on solar panels and other local forms of electricity generation.

> That aligns well with electric bicycles, which have small batteries that are easily charged by equally small solar panels.

> Mullet’s bike shop is entirely off-grid, with two dozen solar panels on the roof to power the store’s electricity. Public e-bike charging stations are also becoming more popular in Amish country, which are simple to create with a series of outdoor weather-protected 120VAC outlets.

It's really cool that what Amish actually care about is avoiding over-dependence. To me it kind of feels like all the people here who self-host their emails etc. — it's not because they shun the technology itself, they just want to be in control of their entire stack.

In some ways, doesn't this put the Amish squarely in the "hacker" demographic?
PSA: When you sell a house, you can direct the escrow agent to wire the proceeds to multiple accounts.
The bets were allowed to fail. Bank shareholders got nothing.
I think you're out of touch with how much money Americans have in savings

Vs say, 1k in savings or 10k in savings, somebody with >250k in savings certainly can pay some form of fiduciary
Your response is actually really funny. Did you want the tldr version?

Here you go:

Corporate world will always be full of backstabbers and no matter what you do, it seems like you can't get ahead, because the truth is, you don't have that personality that gets you ahead. So many people use your skills and talents for themselves to get themselves ahead. This is very unlikely to change no matter what you do because of the position you are in. Either bitch about it and do your job or quit and get a better one and hope it's better, but in all likeliness, it's probably just going to be the same thing.

It is far better to come up with new ideas and concepts outside of your company that might help you to be able to create additional revenue streams so that you may eventually quit your job and work for yourself and your clients.
I don't know if there's a way to properly measure the amount of cals it takes to build muscle. "Building Muscle" isn't just one thing. Muscle fiber being different than simply glycogen storing in the muscle, being different than mitochondria proliferation within the muscle cell being different than just water weight from getting on Creatine. All which produce "bigger muscle".
Wow, what really, `@media print` is deprecated?
>The problem was that central planners reduced rates to near zero in the face of adversity, instead of using fiscal policy more aggressively as you suggest

Why was reducing rates in response to the COVID crisis a "problem"?
Good job! Keep it up!
Yes. Blaming bank depositors for this is like blaming people for choosing the wrong airline if a plane crashes.
> Korean government launched an online “National Birth Map” that showed the number of women of reproductive age in each municipality, illustrating just what it expected of its female citizens. (South Korean president Yoon Suk-yeol won the election in March 2022 with a message that blamed feminism for Korea’s low birth rate, and a promise to abolish the country’s Ministry of Gender Equality and Family. ) Women were outraged by the map, observing that the government appeared to consider them “livestock”;

I find it extremely frustrating how government (not just Korean ones) in general wants a scapegoat for its social ails. Never mind the fact that low birth rate is a consequence of higher education + extreme hours + bunch of other contributing factors.
With the Bank Term Funding Program, people who moved or previously kept monies in large banks have less incentive to do so, until 2024 when this program is scheduled to end. That is, if they think 25 billion is enough to prevent more runs, and the FED/treasury/FDIC will not greatly expand that in the event of another run.
Everywhere has problems, it’s less about perfection than simply being a better option. I’ve generally considered Canada the best option for a while. English speaking, low crime, same time zone with family, etc.

New Zealand, or one of the Nordic countries aren’t that far behind. Australia, England, and Western Europe etc are much lower, but still have plenty going for them.

The biggest thing America has going for it is my friends and family happen to live here.