skysight-inc/HackerNews huggingface dataset:
You do have a reasonable expectation, up to $250,000. You did at the time too. Nobody made any depositor incur excess risk beyond the insured amount. It was all clear and open, available to everybody. Everyone in the US knows that if they put over that amount in a bank, only up to that amount is guaranteed safe. Those that don't know pay other people to know, or they have so little they don't have to worry about the amount.
> I don't recall hearing about this ever before.

That's like saying you don't remember hearing about CDOs as a potential problem in 2006. This is the second-largest bank failure in the US, and it disproportionately hits one industry. This just isn't a problem we're used to thinking about.
They were counting the days till the next bonus
What exactly do you consider irrelevant about the opening line of the article? I'll quote it here since the comment I responded to was flagged.

> Less than an hour before the California financial regulator closed Silicon Valley Bank’s doors on Friday, short seller Dale Wettlaufer is walking me through their financials, and laying out some metrics he’s been closely eyeballing for months.

This establishes who the short seller is, when the interview is taking place, and makes clear that short seller has come to his position after heavy review of SVB's finances over the course of months. It also makes clear for anyone who's come upon the article without context that SVB was shutdown by regulators and that it their decline was newsworthy before that happened.

> The journalist could have spent a few sentences explaining why and how this short seller is giving an interview, why this bank matters, etc

Do you really think the specifics of how the short seller is giving the interview is more important than establishing why they took a short position? The logistics of an interview seem like the least important aspect of it, but if you disagree I'd love to hear why. That said, the article makes very clear why the bank is important in it's fourth praragraph:

> The bank had long sat at the very heart of the private markets as a lender and banker to some half of the industry’s startup companies—not to mention as a prominent lender to venture funds, private equity funds, and a wealth manager to rich entrepreneurs. The bank has a fund of funds, investing in the likes of Accel or Sequoia Capital, and it invests directly in startups itself. The bank effectively touches every part of the private markets.

Also, why the short seller is giving they interview is pretty obvious if you're able to understand subtext. According to the article Dan Wettlaufer works for Bleecker Street Research which is an investment firm focused on short selling. They just made a huge return on a short play that most people never saw coming. When your organization has an outstanding moment, you publicize it.
Note that this is not a light water reactor like Nuscale or the Chinese ACP100 but instead it is a high temperature gas cooled reactor.

This kind of reactor could make process heat for a chemical plant or produce hydrogen directly with thermochemistry. It could be coupled to a steam turbine or a brayton cycle closed gas turbine.

It's not clear if it can really beat the LWR on economics and has challenges of its own, but this kind of reactor could take nuclear energy to the next level.
I went to a community appointed therapist and took drugs until I no longer was required to as per the law. 2 years probation.

When I made that deal I made it clear both to my parents and to the court that this was not to be "therapy and mind altering medication for the rest of my life". And it won't be and I'm willing to die for my freedom. My mind is important to me, it's who I am.

I haven't been arrested since, barring someone having me arrested and thrown in jail in Ocean Beach for 72 hours because they thought it would be funny to dress up like me and wave a gun in someone's face. I didn't have $10,000 for bail.

I had to share a cell with someone who thought they could communicate with Facebook via telepathy and the king of England was telling them to kill child molesters. I switched cells to room with an "officer" in the KKK because it was an improvement.

I had spent several weeks prior starving in Ocean Beach before jail. I was eating uncooked rice out of my backpack because no one would hire me. I went door to door to every restaurant on the strip and handed out my email and phone number on little pieces of paper just to wash dishes or work for food.

I am stable and happy when I am not being continually drugged with marijuana against my will. Whatever my debt to society is for setting a toilet paper roll on fire in a Jewish Yeshivah because I needed a safer place to live than a dangerous inner-city homeless shelter where I thought my life was in danger has been more than paid back.

This is only one of many many stories of being treated as less than a human being worthy of dignity and respect. A person who is willing and capable of working for a living.

That someone who is as averagely competent as I am (I'm no genius, but I'm not an idiot either) can't find a job in this country is an indictment of the whole. I view the SVB collapse as a massive comeuppance. You know those guys doubled their book value on deposits in two years? And an exec at SVB worked as CFO at Lehman? I set two toilet paper rolls on fire and this shitstick collapsed the world economy (AGAIN).

Who wants to hire this guy? Shit let me know and I'll start a collection to short his firm and donate the proceeds to the poor.

Meanwhile every person who's been making the next version of pets.com (BUT THIS TIME WITH STABLE DIFFUSION/CHATGPT) is going to find that the VC money is now interested in stable companies that can, you know, MAKE MONEY. All the layoffs in big tech firms were sort of an aside, but at least this banking collapse coming when it has will mean that the "chatGPT for shoes" and "chatGPT for nails" trainwreck will stop before it becomes even more of a massive clusterfuck.
> It would be interesting because if five cities in the midwest or South got sick of their state politics' shit, all of a sudden there would be ten new senators from urban areas in the senate.

What policy mechanism do believe is used to do this? I don’t think this can happen without the city’s independence movement getting support from lots of other red states that dislike their own cities aligning with the city against the red state government. I don’t see those movements as being within the Overton Window right now.
You have hit on one of the core problems of a Marxist-Leninist command economy.
Please don’t trample productive discussion on HN. The OP clearly was posting about financial investment issues and not poverty.

But it’s not unprecedented for the VC community to confuse capital issues and human rights issues:
https://www.npr.org/sections/alltechconsidered/2014/01/26/26...
>which nothing except an A100 can match

LLaMA's GPT-3 175B level model, LLaMA-13B, only requires 8GB of VRAM (and no RAM) to run using pre-quantized 4bit weights. So it's hardly a job for an A100.

Even the largest model, LLaMA-65B, is only 30GB and inference can be split between two graphics cards with almost no effect on performance.
>Prefer built in git functionality over GitHub-isms, right?

This is Microsoft. Embrace (git) and extend (gittub-isms).
What I was going to say. Turns out these are safer than banks. In fact why do people use banks at all if they don't need branch services?
>No one was chasing any yield. No one was taking any risks. It's a bank account.

It is by definition a risk for a corporation (or individual) to keep over $250k at a single institution ($750k if including SIPC-protected accounts). Reports are stating 97% of SVB's customers kept more than FDIC guaranteed limits. How can you claim this is not risky?

There is also additional insurance clients can purchase or the financial institution can themselves provide a statement they've purchased excess insurance for their clients.

>Are you suggesting tens of thousands of small business customers need to do due dilligence on the investment practices of their banks?

If they're keeping more than $250k in a single account, absolutely, yes, I cannot be sure this is even a serious question.
It's bottom lines like the article's where I wonder if all the companies who had HORRID penny-wise pound-foolish (6 months of paperwork to get a server, and only then would they order the servers) and went cloud simply did what these guys appear to be doing:

buy enough to stay ahead of demand. If you have unused servers, who cares, at least you don't have allocated by unused AWS servers that pay for themselves in hardware costs every... four months? I don't remember how long it is.
and yet you participate in society
Because so much stuff on Wish dot com is fake, they also don't want you to send things back. They just ask for a picture and description of what you received instead of what you expected to receive, and then the money is returned to you right away.

Amazon is getting to be as bad as wish dot com, and to my mind, that is really sad.
> If your personal bank went out of business through no fault or gain of your own, most individuals would feel that it would be fair for you as the depositor should be made whole.

But at the same time, you are also aware of the limits of your protection. If you leave all but $250k uncovered, you're willingly and knowingly taking a risk.

How is it fair to ask a bunch of people who had nothing to do with any of this to make the depositors whole from a risk those depositors willingly took? I really don't understand the ethical stance here.
The Republicans are cancer and the Democrats are artificial cancer.
If they are asking for government assistance to bail them out of their own problem that were created when they lobbied the government to lower oversight regulations of SVB, then no, they aren't capitalists.
Indeed. Deposits at IndyMac Bank were only paid 50 cents on the dollar in 2008.
> You can find one or two professors to stand behind literally any point. But that theory doesn’t stand up to scrutiny.

Not just one or two, the article you linked to clearly states that it is hotly debated by economic and history experts. The professor is an expert on the topic, are you? One thing all experts agree on, is that Africa was, a very exploited continent. And many believe it still is. How else would the worlds richest continent in terms of natural resources also have the worlds poorest populations? Europe benefited from the African slave trade, you say "just a tiny bit", I say significantly, but on that we both agree.

> If the slave trade is “actually” what was responsible for European wealth, how did Britain end it almost overnight without any significant impact on its economy?

They ended it at the height of the British Empire. When they had colonized huge swathes of Africa. It did not impact Britain's economy since the direct exploitation of african peopls was replaced by the direct exploitation of africas natural resources. Colonialism is just another form of slavery.

> The rise of strong central governments that could protect trade routes, and the early part of the Industrial Revolution

That's right. And one of the most lucrative trade routes in human history that they protected, controlled and profited from was the trans-Atlantic slave trade.
Is Chat GPT Biased Against Conservatives? An Empirical Study
By inferior, do you mean you’ve switched to a different “brand”? Or to a generic from a “label”, or..?
Yes you’re describing https://www.intrafi.com/
Ask HN: As CFO of SVB what would you have done differently on Wed March 8, 2023?
Out of curiosity, if you were the CFO of Silicon Valley Bank, and it was Wednesday, March 8th, 2023, what would you have done differently? Did the CFO have any options available to her that would have saved the company from this fate? Did they have to announce the plans for financing before it was completed? Was the announcement of their plans too premature and the root cause of the bank run?
https://thinking-about-things.com/ is great, it's one interesting article three times a week. I've learned about a lot of interesting blogs/publications from them.
I'm not.

Buffering delays can be greatly reduced, if not eliminated entirely, by simply sending the whole file but in the past many upstream content providers insisted on limits for the amount of buffering/storage in the client.

Fortunately you can now download entire videos in the app, though they're undoubtedly encumbered by DRM of some sort.
Its a russian website and afaik everything was always "out of stock". "prices" wouldnt even cover cost of FPGA fast enough. Oh and they already "made" DDR3 board that looks the same, but never sold anything https://web.archive.org/web/20210714152011/https://ddramdisk...
If basic customers could be served by a federal deposit system and more "unique" customers might look for private options that cater to their needs (basically all of SVB's customers), nothing that played out in SVB's collapse would have changed.
Weathermen make less to incorrectly predict the weather.
National retail banks are not going to fail. This was a pretty unique circumstance: deposit base had tripled in 3 years, serious failure in risk management, most deposits from business customers well above the deposit insurance limits.
Europe's train network is often excellent within a country, but lacking when it comes to crossing country borders. That's starting to be addressed now, but it will take some time for the effects to be seen.
> can we please stop shitting on .. [disfavoured tech of the month/year/decade]

cf. "can be please stop hyping .. [favoured tech of the month/year/decade]"

Talk about pissing into the wind.
Study said happiness peaked at $75k income. Now economists say its much higher
>> "Computers will never achieve voice recognition because it is innately human"

Can't find this exact quote anywhere. Who ever said anything like that?
HN Guidelines: "Please use the original title, unless it is misleading or linkbait; don't editorialize".

https://news.ycombinator.com/newsguidelines.html
Regulation is not to designed to prevent every failure. Banks are private, not owned by the state, as the U.S. is a capitalist system.
If a drug is available and there is addicts of said drug, the addicts don't suddenly stop being addicts just because the drug is not available, they'll just move on to a different drug. The problem is that addicts are not being treated, not that a specific drug is available or not.
This stuff is amazing… now I’ve just got to figure out what I can run on an RTX 3050 Ti
Vue, and svelte also exist?
I attempted to create a Tell HN thread talking about this but it almost instantly disappeared from new. I believe this is the moderation team, possibly they have been asked by someone higher up to not allow the discussion.

Keep in mind the above is only speculation, but since the moderators haven't taken a public stance on this or clarified anything it's what I'll believe for now.
I used to be a fan of The Economist but after a while I figured out that it’s better at sounding smart than being smart. If they ever write about a field you know we’ll you’ll see what I mean.
Where is the best place to track the shit show in real time??
India is buying oil in rubles right now. Let me know when the US invades.
I built a PC for the first time in over 10 years, and it was a rollercoaster
There is no evidence that homosexuality is a reliable predictor of pedersaty within the Catholic clergy. HN users making this accusation without evidence are not immune to criticism, just as Catholics who make this accusation without evidence are not immune to criticism.

Your comments accusing other HN users of having "an agenda" are not consistent with this HN guideline:

> Please don't fulminate. Please don't sneer, including at the rest of the community.

https://news.ycombinator.com/newsguidelines.html
> Just don't go protesting, I heard that's one way to lose access to your money in Canada.

You heard incorrectly. Don't accept anonymous international donations to participate in disruptive harassment so severe that it requires the federal government to invoke the emergencies act. It's a pretty damn easy bar to pass.
> The name libcom is an abbreviation of "libertarian communism"

It blows my mind that some people think communism hasn't been tried enough times.

"Yes it failed 999 times before, but THIS flavor of communism will definitely work!"
Yes and this describes precisely their hypocrisy
I find that most of my development time in my career is spent getting that glue in place! Seems like we need a better way to glue things together and make sure that glue doesn't make a mess of things. Maybe AI can help with this
Self-publishing has been a godsend for those who like to explore. You can write anything you want and push it out at will. You might not make money at it, but you can do it.

Yeah, anyone can write anything they want. That's what a diary is. Writing something that people want to pay for or optioned off to publishing house, is obviously way harder. Money is pretty important when it comes to paying for things that are needed in life.
I am curious to read more about the risks, but don't plan to make this trade. Could you share a few points just to give me a direction to dig deeper?
The Party Secretary of Leningrad even commissioned Dmitri Shostakovich to compose celebratory music for the occasion: https://en.wikipedia.org/wiki/Suite_on_Finnish_Themes

It was set aside but was later rediscovered and was first performed in 2001 by a Finnish orchestra.
That's normal. Fibre slows down the absorption of everything.
Invents lots of arbitrary and illogical rules, calls it "massive amount of knowledge".
Large bank failures are rare enough, that I suspect very few, if any, had intentionality to select a more traditional bank.
If you deposit more than $250k, you absolutely should take actions to limit your risk to an acceptable level. There are myriad ways to do this.

> I should just accept the impact of the bank shutting down due to events unrelated to my actions and choices?

You should hedge against potential losses, yes, absolutely. You're knowingly taking a risk. Just like every other risk in business, you determine if you can take the hit if things fail, and if you can't you arrange a mechanism that will reduce the damage to a level where you can.

It's just basic business management.
Be careful with NER, while it is very good, it is not perfect.

Example, I tried to extract skills from a job posting. ChatGPT did well, but there were skills missing.

It is good to find some entities but then you need to extend the labeling manually.
> There is no regulation for the % of each isomer in the product. This means that one brand may be 70% L, 30% D, and a different brand could be the opposite.

This is true for the unregulated illicit drug market, but it's most certainly not true for regulated drugs like Adderall.

The ratios of the different isomers in Adderall are well-defined and are part of the drug definition. There are also stimulant variants that are 100% d-amphetamine, which would obviously be in violation of their drug definition if manufacturers starting shipping racemic versions.

> Havent seen any mention of this yet but the reason for this is well known in the recreational drug community : amphetamine is a chiral molecule. The D isomer is more psychologically active. The L isomer creates more physical side effects.

This is over-simplifying the matter. The L-isomer has different effects and duration, but it's incorrect to suggest that it's all "side effects". Some patients do better on racemic mixtures with L-amphetamine. Some patients do better on pure D-amphetamine. It's not correct to suggest that one is pure side effects.
That's always the answer
Done? No. Corporations don't do things, people do, and HIPAA can liability can stick to individual employees.
Yeah, I think it's going to be a promising area of research. It's known as Chain-Of-Thought (CoT) in the literature and there are a few papers already out:

https://openreview.net/forum?id=_VjQlMeSB_J

https://openreview.net/forum?id=5NTt8GFjUHkr

https://openreview.net/forum?id=qFVVBzXxR2V

I'm also looking forward to explicit long-term memory mechanisms that don't rely on the main architecture's weights nor on CoT.
But the people you're suggesting should take a haircut (the depositors) did not make a bet on 10-year government bonds. They just put their money in a well-reputed bank. Why would they take a haircut? Wipe out SVB equity holders, sure, but depositors did nothing wrong here.

Also, you're probably not shadowbanned, sometimes there's just a delay before you can respond to a comment responding to yours. No need to name call.
Show HN: Edit the Dynamic Island and iPhone Notch
The Dynamic Island is here to stay, and also the iPhone Notch in the older models.

Have fun with it?

You can add pets on the iPhone Notch or turn it into a cloud. Try it out!
Why would they hedge? They would lose pretty much all of the return that they were getting by going long duration.

The problem is that their portfolio was too long duration, not a lack of hedging.
Is that sarcasm? It’s not hard to implement a searchable dropdown in vanilla JS.
Your tone insinuates that you're a genius and everyone else is dumb. Hindsight is 20/20.
These are not small business accounts. These are businesses who took a risk, and put all their eggs in 1 basket.

A small business is the donut shop down the street, owned by a woman and employs 3 kids.

NONE of the SVB clients come even close to that. Startups are not small businesses. Startups take on an intrinsically large financial risk, whether funded by the founder, with his/her own money, or via VC.

This is on them for not having identified this risk and/or not hedged against it.

I looked at the list of signers of your petition. All CEOs.

How about ya'll put in 1,000,000 of your bonus into this. Then we'll talk.
You're taking a risk with those banks if you exceed the insurance limits, too.
> Frankly, ive done all kinds of amphetamines, ingested them by every means except iv.

I hate to say it, but recreational amphetamine use and abuse via different ROAs is very likely the explanation for why amphetamine feels different for you now.

Abusing stimulants, especially through different routes of ingestion, will cause various forms of tolerance (as I'm sure you're well aware).
> Open this site on a desktop to view the app.

You know, smartphones are capable of displaying websites in desktop mode. Why do you block mobile users' experience like this? I don't have my laptop with me, and won't until Monday. Not being able to take a look at your app in the meantime means I probably never will.
But in the case of chain-of-thought and that ReAct paper, the results did have a measured increase in accuracy.
There are tests that help ensure that things are glued correctly. Functional testing is useful in this regard, and end-to-end (sometimes called integration testing*) is extremely useful in making sure critical parts of the system work.

For example, I always try to write a "log in" test, and for systems that take payment, a "payment acceptance" test. Even if other parts of the system have bugs, I want to be able to have existing clients log in, and new clients sign up, no matter what.

* though I think integration testing is really "anything that tests more than one system" without necessarily being fully end to end
I've seen this with CGI. CGI still looks awful somehow, but people about my age think it looks cinematic, and people a decade younger think it looks incredibly realistic.
Scott Alexander's blog at https://astralcodexten.substack.com is my favorite intelligent reading material.

For more in the same style, try https://asteriskmag.com/.
Or, you should purchase private additional insurance, yes. It's not like it didn't say "covered up to $250,000" on the package, it's not like theyre the only bank in town, it's not like the FDIC was the only option.
YC sounds a lot like ZH these days
2001/2020 was airlines