skysight-inc/HackerNews huggingface dataset:
Another thing people aren’t realizing is all of these SAAS companies just sell their tools to each other. No one will be paying the bills (that includes their cloud bills too). IMO it is going to put a huge damper in any tech recovery this year.
I'm not saying SVB was better than a major bank (it looks like it wasn't).

I'm saying that, had this situation not happened, defaulting to "what bank do other companies like us use?" would have been a perfectly reasonable strategy.
Two of our kids are on Concerta and can confirm that the first time we got generics it was very fucking obviously working quite differently (in our case, it manifested like them barely working at all). Took us a little bit to put two and two together, but sure enough, the change was just as we switched (well, got switched) to generics.

Be great if the FDA would ensure that a generic is actually the same damn thing.
13B in 4bit runs on your average 8GB VRAM consumer video card at fast enough speeds.

The GP's info is outdated. Apparently they don't realize how quickly LLaMA is being developed on. It's just like the early days of SD.
Need blind admissions at my alma mater died 25 years ago. Were the Ivy's still pretending they weren't? That's actually good news.

Oh, you aren't blowing money on ancillary things like big time college football and other academics-undermining activiites? Sounds like a smart move by the Ivy League.

The Ivys have been admitting scions and the like under the table? You don't say. Does that provide the Ivys with prominent influential alumni and the like? Yep. Is EVERYONE else with even a remotely significant reputation doing this with rich Chinese and others? I know all the Big10 is.

Christ, the CARTEL is the NCAA not paying EMPLOYEES what likely is 1? 10? 100? 1000? BILLIONS that could have been made by revenue NCAA athletes over the last 50 years. Now THAT is a cartel worth writing about. In football, they likely left a million students or more with lifelong injuries with no healthcare or compensation that played big time football for the bowl schools.
That article was originally posted here:

https://www.levernews.com/svb-chief-pressed-lawmakers-to-wea...

Might help if you are paywall-blocked.
And compensated them handsomely for that service. If only we had done that...
Looks like no[1] but there's an attempt to get it taken over by cncf to fix that[2].

1: https://github.com/mozilla/sops/discussions/927

2: https://github.com/cncf/sandbox/issues/28
The failure of the bank is certainly not YC's fault.

But, much of the profits they made, and losses they are now incurring are both a consequence of the zero interest rate environment and it's current unwinding.

If the goverment bails out YC's companies, when they are successful later, who is going to benefit the most from that?
It's a real struggle for me to take anyone seriously who uses "learnings" unironically.
I do think it's good that you are doing that. What would be even better (and perhaps you are already doing this, and I've missed it or don't know where to look) is publicly calling on the investor class to put their hands in their pockets and make a charitable contribution to the next wave of up and comers. I specifically mean charitable, not for equity.

It seems to me that there's a lot of investors who could individually pitch in a few million without really missing it, but whose collective action would go a long way to mitigating the knock-on effects of a bank failure on small firms that are not themselves int he investment/financial engineering/risk management space, and can't be blamed (much) for trusting that a conservative-seeming brick-and-mortar bank would safeguard their cash deposits.

I think it's laudable that you're going to bat on behalf of YC companies, but you've got to be conscious of how it reads to the casual onlooker. 'Chastened investors rally round to help startups make payroll' is a much better headline than 'VCs beg Uncle Sam for cash lifeline'.
but the fact that predicting the next words based on past models does such a good job of masquerading as human thinking indicates that much of human thinking isn't much more than that. It may even simplify the task of figuring human thinking by narrowing down the last details of of the smaller set of missing pieces.

an analagous result was obtained back when they mapped the small finite number of neurons in a snail brain, or the behavior of individuals in ant colonies. What looks like complex behavior turns out to be very simple under the hood.

for the vast ocean of the population who... not sure how to describe them... not good students when in school, would rather spend the bulk of their time with the TV blaring, eating cheetos and swiping on tik-tok, following the lives of celebrities and fighting about it, rather than do anything long term productive with their own lives... chat gpt may have already exceeded what they do with their cranial talents.

even a level up on the ladder, the types of office situations lampooned in The Office or Dilbert, are they doing much more as a percentage of time spent than chat GPT can do? "Mondays, amirite!?"

then the question becomes, are the intellectual elites among us doing that much more, or just doing much more of the same thing? I think a large portion of what we do is exactly what chap GPT does. The question is what is this other piece of our brains' that intervenes to say "hmm, need to think about this part a lot harder"
> Small business depositors at Silicon Valley Bank should be made whole. Regulators need to conduct a backstop of depositors. We are not asking for a bank bailout.

Put another way: "We are asking for a VC bailout."
The problem with Gentoo is that it will take several months to compile everything!
Wow. Name definitely checks out.
Agreed. My first thought when I saw the title of the article was: how are you defining failure?

Rejection is the term I think they are really looking for, but rejection != failure unless you only think of writing in very narrow terms.
Presumably you would get at least T-bill equivalent interest rates in a postal saving system, but that still leaves room for higher interest alternatives.
I see you've discovered the IO monad in Haskell.
The definition of value may includes many things beside money.

A nicely written review on Google Maps brings fulfillment to the writer, the subject (e.g. business) may find the review useful for improvement, other users may also make use of the review for their better plannings.

If you're against Google, or any other mega corps, consider contributing to Openstreetmap, WikiMedia Commons etc. I have a habit of uploading photos (restaurants, foods, shops, tourist attractions) to WikiMedia Commons, organise them in categories and then add them to Openstreetmap nodes as tags.
apparently SVB offered APY far above what other banks were offering.
Simply, that early light affects SAD significantly.
You're also deterministic. Except for a bit of noise. This is less of a slam dunk argument than many think it is.
The author is right that USB-C docks can be used to hide malicious devices - but the same is true of any USB device. You could hide a Pi Zero in a mouse, keyboard, memory stick, or anything else that you can open up and access the USB headers. Scary - but also requires a higher level of physical access than other vectors such as phishing.
Care to provide more details?
Absolutely, sounds like OP is looking for serverless? That’s the opposite of boring technology.
Yeah that is not what it means. I'm sorry to inform you of that.
I wondered where my cat food was going.
Because it looks bad to the powers that be
Medium Banned Me
This isn't a tiny arbitrage play because you can repeatedly do it for as long as circle is liquid. Even if you don't hold a lot of USDC it's selling at a discount on the open market. If it goes into a full bankrun all circle accounts will be fighting over what share of the $43.5 billion reserves that they will get.
>the lack of athletic scholarships are one of the few things they do absolutely right. The thing is that athletics are less, not more democratic as a distribution mechanism for admission slots

A more basic problem with "athletic scholarships" is that being an athlete has absolutely nothing to do with being an academic/scholar/student of something else.

It might be a good way to bring some publicity to the school, and to make it have a strong team. But it has absolutely nothing to do with a school's intended purpose (except the "make money" purpose).

Athletic scholarships should only be a thing in sports academies - where you're trained to be a coach, a PE teacher, or a related academic in some of those areas.

In fact, universities and colleges should just have clubs to play sports informally, at the same level they have a music playing club, or a gym, or a cooking club. Like in the rest of the civilized (on that matter at least) world.
There is ZERO contrition in any of their communications. Their messages are "we are special because we are the job creators" and "it will end up hurting small guys more" and other forms of self-gratification and bullying.
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"Small business depositors at Silicon Valley Bank should be made whole. Regulators need to conduct a backstop of depositors. We are not asking for a bank bailout. "

Man, talk about cognitive dissonance.

Depositors should get back what is available from sale of bank assets. No more
I think they're talking about SV_BubbleTime.
I agree. It’s not even clear that banks need customer deposits to create credit and loans anyway [1]. Just let them continue with their commercial credit/loan operations, and provide a postal savings system for zero-risk savings for the public. Seems like a much less calamity-prone system.

[1]:https://www.youtube.com/watch?v=3N7oD5zrBnc
Hadn’t seen Noema before, thanks for the pointer - someone already mentioned nautilus, Aeon.co is quite good with a very diverse set of topics, and Hakai (https://hakaimagazine.com/) has some very good environmental writing.
The wording "small business" draws more favor than "Silicon Valley tech startup"
The Fed (the reserve and the FDIC) in addition to The Office of the Comptroller of the Currency regulate banking practices. If banks are failing then it's the lack of proper regulation that's responsible.
You can run ChatGPT-J on a Colab or local: https://news.ycombinator.com/item?id=35101630
step 1: present token gesture offer of help

step 2: people call out stupidity of the plan

step 3: call someone a pedo
That's very exciting. I'm building it right now.

Can anyone explain how llama.cpp works? On a very high level, I'm interested in how it's possible to run it on CPU.
As a new user, I have been blown away by the power of Bittensor's decentralized AI network. The way it leverages the collective intelligence of our world to drive innovation and collaboration is truly inspiring.

https://bittensor.org/#Conclusion
Apocalyptic nonsense aside (good ideas, good people, and good innovations will continue even if the current equity holders of a startup are wiped out), if the argument is "we need to make sure people can make their mortgage payments," then let's have the federal government send the affected workers checks for their mortgage payments. None of this indirect bailouts for careless VCs nonsense.
USDC stablecoin breaks dollar peg following Silicon Valley Bank collapse
The head of finance at our company was in line all day this morning to transfer the company's money out of First Republic in South Bay. He said that the parking lot was filled with Ferraris and Porsches all illegally parked because there was no space left.

Monday is going to be a very interesting day. If a buyer isn't found for SVB and possibly First Republic before the open on Monday, it might be a really bad day on the markets.
sadly, if you want to work with/for other people...its difficult to get them to engage with you for free. I get a lot more interesting work by charging a low hourly and hiding a lot of my hours.

edit: oh yeah, a failure mode - some small business owners are like - hey, cheap labor, why don't you clean my walkin? usually that means the end of the relationship
You're about ten years too late for those kinds of memes: https://knowyourmeme.com/memes/impact
What poor NVMe are you buying that gets 90MB/s? Even the Gen3 Kingston 256MB drive I have does well over 500MB/s in my iozone tests on a Dell Precision 3420. The only time you need mobo support is if you want to boot off NVMe but every PCI-compliant OS should be able to at least see it.
Y Combinator calls on Congress to act on SVB collapse
You posted 13 comments there and most got flagged. Most were simply low quality, trashing, name calling, lol, shouting (uppercase wording) and hardly added value to the discussion. Don't take it too personal but that leads to a low quality discussion overall.
The Google Maps pricing change was the best thing that happened to other map providers. I've never seen so many websites and apps using OpenStreetMaps, Yandex Maps and Apple Maps.

That pricing change was extremely short-sighted, they thought no one would switch but their competitors were ready with easy to integrate APIs and much better pricing.
Massively diverse community working on the AUTOMATIC1111 of textgen at https://github.com/oobabooga/text-generation-webui/

Ooba's textgen webui runs LLaMA 4bit on 8GB VRAM consumer video cards.

KoboldAI (https://github.com/henk717/KoboldAI/) by the creator the AI Horde of stable diffusion fame also supports LLaMA and has forked the Stable Horde for textgen. Currently horde is running half a dozen LLaMA models accessible at http://lite.koboldai.net/
This would actually be a great use case for homomorphic encryption. I’m behind on what the state of the art is in that though, but my mind immediately went there.
What if you have 3 billions to deposit, like Circle ? Open 1200 accounts in 1200 different banks ?
Maltego is kind of like this.
Why lock up the money for so long in such an unstable time as this? Better interest rates?
Arguably, the FTX debacle is in the same bucket, as it was caused by people having their money on an exchange that essentially functioned like a fractional reserve bank.
How are Cloudflare, GCP and Azure any less proprietary than AWS?
Silicon Valley lobbying to be Too Big To Fail. I predict they will get their way. What a complete joke. They'll be laughing all the way to the (solvent) bank.
Right but the link itself isn’t critical of HN or anything, just some of the comments turned out not to be super on board with the petition.
> If you banked at SVB, you should not be punished, you in good faith put $300,000 of your companies revenues into your account (IT SHOULD BE SAFE) and that will let you pay your employees and bills for the next few months, the bank fails, you should not fail.

$250,000 is safe. Ya'll are apparently intelligent people. You can read the most basic fine print.
I’ve found the generic of quetiapine doesn’t work at all.

Certainly not in the same way.
That seems to be a misunderstanding of the law: https://www.reddit.com/r/legaladvice/comments/56ziq2/laws_re...
B.C. will make contraception free – a first in Canada
Jury Nullification, aka The Citizen's Veto, is a necessary consequence of the rights enjoyed by the citizens. It might not be a right, but it is a valid form of lawfare. It is a tool we should use to undermine bad laws.

That bad laws exist is, in my opinion, undeniable. I mostly have in mind, currently, the drug laws that have imprisoned tons of recreational users for the high crime of smoking a doob. The mere choice to partake is not unethical and should not be illegal. We should not expect juries to uphold these laws. We should make the jobs of prosecutors absolute hell if they want to ruin someone's life for doing something that is not unethical. Jury Nullification, aka The Citizen's Veto, is how we do that.
SaaSs are scammy especially when they involve:

- Repackaging an existing codebase or business model

- ... as a black box

- ... attempting to rent it out

- ... with worse data privacy

- ... exploiting systemic economic excesses

- ... ... inflicting societal harm

- ... ... often with minimal upside to the consumer short-term

- ... ... or long-term

- ... colluding with large existing players

- ... ... to create a treadmill of declining product quality

- ... ... to facilitate government surveillance and information operations

- ... ... to "play defense" against competitors

It's kind of like how OOP was intended to stratify and contain developers, except instead of abstracting commodity PCs there's a whole different calculus which basically implies that the ultimate consumer of computing equipment is like, 2 or 3 big companies, because financing. You know how the old democratic saying goes, "none of us is as strong as the 2-3 permanent CEOs of reality."
I hope that a change like this would come with a requirement that all FDIC-insured banks become subject to the full set of capital and stress test requirements that the largest banks are subject to.

This would need care to avoid immediately killing some smaller banks.
I have no idea why this idea is suddenly so unpopular. People see putting money in banks as a de-facto safe decision. $250k might be a reasonable cutoff for individuals, but it's clearly way too low for businesses. If that threshold had been more like $10M, SVB might have even survived since depositors would have had faith they could access enough of their funds within a day of a bank failure. Instead, there was a bank run.
It seems to me like SVB should be a fairly attractive acquisition target for a major bank. You get an immediate foothold in an enormous industry, and if you've got enough scale, the concentration among tech doesn't hurt you.

Seems like a Chase or even a major investment bank that wants relationships with those companies that may eventually IPO could take a short term financial hit and still easily come out on top in the medium-long term.
Totally absurd justification for a bailout coming from the people who will most benefit. When airlines go bankrupt they don't burn the planes. Someone else finances them at a discount. Same thing here: if you have a good idea, a good business model, good people, someone will fund you. Sure, the startup's legal entity may dissolve and the equity holder wiped out, but everything else survives.

The guys at the helm here are making every apocalyptic argument they can think of. No more innovation. China will win. Think of the workers' mortgages. It's all so that they, careless VCs, can get a taxpayer bailout.

Also, "We are not asking for a bank bailout." No, you are asking for a direct bailout to you. If you really think some rank and file programmer is going to suffer for an extended period of time (he/she won't, but just for the sake of argument), then let the Federal Government cut them an unemployment check directly. But any investor, in anything, who loses due to this: suck it up, it's your job to hold the bag.
Games don't want slow memory accesses because it tanks the fps so there was no incentive to have a working implementation (except in laptops).

And also - vram is a moat that keeps the cost of "professional" cards absurdly high without making them actually faster than consumer cards.
> I agree, let the bank fail and the bankers should go to jail.

Curious about why the bankers are getting such ire. Is there a good article describing where negligence kicked in to cause this? Because from what I can tell in my very limited understanding of this situation, they bought very safe bonds that just so happened to be exactly the wrong thing given what happened in the ensuing years.
No atheists in foxholes, and no libertarians during bank runs.
College isn't supposed to be a farm league. Baseball has a workable system and they have the most grueling schedule of all professional sports. Nothing prevents the NFL and NBA from doing the same.
Can someone create a wasm with typescript so that i can run this in the browser
Every country’s central bank is at a different stage of CBDC adoption.

You can elect to put your head in the sand pretending this isn’t happening or assess initiatives underway and policies being promoted.

Some examples:

>[1] Nigeria bans ATM cash withdrawals over $225 a week to force use of CBDC

> [2] Deputy Managing Director of the IMF sharing how central bank digital currency (CBDC) would allow the government to precisely control what people can and cannot spend their money on.

> [3] Former UK Prime Minister Tony Blair calls for a digital database to monitor who is vaccinated and who is not for a future “pandemic” at WEF23

[1] https://cointelegraph.com/news/nigeria-bans-atm-cash-withdra...

[2] https://twitter.com/TimHinchliffe/status/1581058535609495552

[3] https://twitter.com/DrewHLive/status/1616109951264653312

https://www.bankofengland.co.uk/the-digital-pound
Dupe:

https://news.ycombinator.com/item?id=35083499

https://news.ycombinator.com/item?id=35083537

https://news.ycombinator.com/item?id=35084166
The FDA still allows methamphetamine (under the name “Desoxyn”) to be prescribed for ADHD and obesity.
SVB Q&A with Jason Calacanis (Emergency Podcast)
Why stop there?

- "Draft a class action complaint in {venue} against {bank} for using AI to robo*-approve loans. Repeat 10 times."

- "Pretend you are a {group} journalist. Write {x} words in {style} about {aspect} of robo loan approvals. Repeat 1k times."

- "Pretend you are a {party} politician. Angrily and dramatically complain about the other side oppressing {group} wrt robo loan approvals. Dress it up with {x}% lies. Repeat 100k times."

- "Pretend you are a {group} social media user. Write {x} words in {style} about {aspect} of robo loan approvals. Repeat 100M times."

The only real, thoughtful work will be the lobbyists drafting the bills, everyone else will become performers or consumers or simply drowned out in the fog of fake discourse.

* "robo-signing" mortgages was a big legal & political issue ~10yo so the lawyers will probably retain the "robo-" prefix.
Uhh somewhat confused about where they’re going to find time to do the research about niche accounting interested and also time to write a novel, often multiple novels at a time.
"ding ding ding" lol
Or they could pre-make a bunch of docks and swap them out at a cowering space or target office building. Easy enough to gain physical access to most offices. You could get a job with the cleaning crew
If you want to understand why SVB failed, feel free to read writeups in proper financial publications, like FT or Bloomberg, and please avoid "mainstream" sites by clueless journos with zero finance knowledge. This one is good: https://www.ft.com/content/0387e331-61b4-4848-9e50-04775b4c3...

SVB didn't fail because of "FUD", but because of a dumb decision to invest at the top. SVB is squarely at fault here.
HN is ironically a really shitty place to discuss SVB + consequences.
I’m sure this is some kind of performance art but not sure this is the place for it?
Wait a minute. Why would more (large) banks fail? I am guessing small banks and companies fail periodically. By any measure, SVB seems to be a one-off, gigantic risk management blunder. Why would there be an expectation of more of this to come?
@dang, maybe consider banning the IP or something.
Capitalism only works if companies can die. We (the public) cannot continue to let financial institutions pursue ever riskier investments, banking on the idea that the government will bail out the reckless.
This system will settle on a solution if there is no net total creation of money in the world. As long as new money is allowed to enter this system, edges will keep appearing to protect it.
^ this is not true (source: attended)