skysight-inc/HackerNews huggingface dataset:
"...they want stricter vetting of what constitutes a problem worth working on."

How should we choose the approved projects and to whom should we assign them ?

Where shall I pick up my work-book for the month ?

Who will stamp it for me ?
Unlimited insurance AND still keeping the profits from the juicy interests.
It can be argued that the United States government is at war with its citizens...
Presumably, #2 is only possible with a government guarantee for depositors.
Did you customize Emacs much? Or add functionality, rather than just customize? I'm a long time vim/nvim user and as much as Lua brought to the party, I'm finding I want to add functionality, and that feels more appealing in Emacs.
One of the nice things about bash is that it interacts very nicely with Perl and Ruby.

I wonder how these other shells work with the backticks and such in Perl/Ruby. Theoretically there is room for very cool interoperability but I wonder how it goes in practice and if any nice tools and patterns are being developed.
Hate to leave a comment like this but this seems to match the characteristics of: COPE

Looks like mismanagement to me. Whoops, we failed is not an option if you're running one of these.
It doesn't matter. The goal is to contain fear, and fear does not act rationally, nor do depositors try to understand all of the intricacies of their bank's risk profile--they'll figure that BoA or WellsFargo will be better because they are "too big to fail".

The fact is that if depositors hadn't run on SVB it also would have been ok.
People are far too quick to jump to sinister conclusions when usually the phenomena are mundane and/or random. We're always happy to answer questions.

> all site submissions that I've made for the last 2 weeks appeared shadowbanned/ghostbanned. They are not "dead", they simply don't show to the public.

That's not true. What made you think it was?

2 your submissions were killed because the sites are banned; one of those submissions was vouched for by users, which is fine. Another 2 (the youtube ones) were killed by a spam filter which might have been buggy - I need to dig deeper into that. All your other submissions of the last 2 weeks were fine. Also, the ones that were killed were marked [dead] the normal way.
I would have said this shows that’s are necessary but it turns out you’re right. Who needs a CFO when you have the nation’s politicians in your pocket?
Regional? Isn't it in California and Massachusetts?
those clauses are a sign that SVB and the VCs are in bed together and if you take their money and agree to these terms you are complicit too. the VCs used SVB loans to their portfolio companies to magnify the effective size of their funds without themselves taking on that leverage. SVB got massive interest income.

this is corrupt, the whole thing is corrupt.
People are crying because this is just another case of the rules not applying to the wealthy. What's the point of FDIC caps if they magically don't matter when your balances sufficiently exceed them? How is that not the epitome of too rich to fail?
Gunåreuz is Swahili for the tongue is firmly planted in the cheek.
Thank you for the attempt.
Bank failures are not the only form of financial crisis.

https://en.m.wikipedia.org/wiki/Financial_crisis

Humans and finance man. It's like giving a bunch of addicts a suitcase full of coke them locking the door and slowly walking away.
The reason employees are anxious about their next pay checks is because of the VC-induced panic which is entirely self-serving and has not one iota to do with making payroll — that’s just a palatable hand-wavey justification for demanding government intervention because their precious points are at risk.

I have a great deal of empathy for the workers anxious about being paid, but that goes without saying, there’s nothing to discuss there. Workers are victims of the VCs who rightly deserve to be derided for their behaviour, both in this incident and more broadly in squeezing every last drop of profit from normal people.

I don’t understand what you’re asking of people on HN. Are you asking us to preface all our comments with “…not all SVB customers are leeches…”?
No one knows that taxpayers will have to pay anything for any of this. It's possible they'll end up ahead. The assets were/are there to cover depositors. The timing of the asset liquidation/redemption is the problem, and only the "bank of last resort" can help avert contagion from skittish depositors, mass layoffs, and pointless disruption.

As said above: would you prefer to see hundreds or thousands of small companies fail, their employees go on unemployment insurance, etc.?
100% of deposits will be covered now tho, instead of 95%
What % of deposits are from those local nonprofits, affordable housing developers etc ?
beautifully written as it paints a picture in my mind
When the future cannot be predicted accurately, it may be wiser to prioritize making prudent decisions that benefit everyone, rather than seeking retribution against wrongdoers. It's important to consider that both bank shareholders and senior management could face significant losses and lose their positions.
a good point. It was certainly throw off the modern day swimming pool socialist who claimed that capitalism is bad!
I think it has more to do with the time spent in cold water and calories burnt from his training. Having said that, I’ve read that muscle mass is the main driver of a “high metabolism.”
> This episode makes me embarrassed to be part of this industry.

I'm feeling that more and more these days. I don't want to wake up one day and think "what have I done?".
Hi, I'm a React Developer searching for employment opportunities. By completing multiple courses in JavaScript, React and actively building web applications, I am confident in my abilities in using React for building apps with managed states without performance problems. I'm confident writing CSS, i love working with TailwindCSS, although I'm comfortable with styled-components.

Location: Georgia, Tbilisi
Remote: Yes
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Résumé/CV:https://drive.google.com/file/d/1UVta_uG_p4Mae9rN8zC_i_uMUmy...
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A World Without Men: Inside South Korea’s 4B Movement
Just renaming the company doesn’t qualify as bail out now?
It always works that way in practice, but I still think announcing the guarantee so early may have been a thing to calm the market. It is likely they just looked at the assets and figured out how to cover it all without dipping into some other gov $$, as part of the sale of the business. And something to do with finding a buyer for the mortgage security that they had (just speculating).
Completely aside from these details, thank you for stepping back and discussing this in good faith. It made a discussion that was going badly feel at least like communication. I appreciate that, and I’m glad to land at a place where we’re not necessarily on the same page but we’re at least recognizing we have similar priorities. Cheers!
I suppose the only rationale thing I can do now is look for the banking institutions which offer the best above-market rates. If the bank goes under, the government will prop it up. I could hardly have been expected to do my own diligence on a bank.
> The SVB owners lost the bank. There's no happy result for them.

Some of them did get bonuses that day - of course then they lost their jobs. I'm not sure if there's a mechanism to claw back excess bonuses, but if SVB goes through bankruptcy after this it should be possible.
It's more immune to moral hazards. But I'm not really into crypto, I'm just purely frustrated by the current system. It's an absolute joke at this point.
Rules for thee and not for me — insult to injury is that the higher costs from fidc insurance will just passed on to the non wealthy.
Over the course of a year that’s a pretty significant advantage in overall calories burned, though.
Bernie Sanders' Statement on Silicon Valley Bank
> The average depositor does not feel like someone with over 250k in the bank.

The average depositor might not have $250k in the bank but the average small business does? These small businesses pay their employees from those deposits.

Where do people think payroll comes from?
I am also a supporter of UBI, however I think much of it should be benefits in kind (universal healthcare, free libraries, decent schools, etc, etc), and perhaps the rest can be structured as a Universal Basic Stake - kindof like a pension scheme that you are already paid into just by being born. Financed by swinging wealth taxes to form a sovereign wealth fund, that is then deployed in the usual capitalistic manner.
From my understanding this is not a bailout. Equity is wiped out?
I thought that I'd heard that Brex had ties to Peter Thiel.
Man you've drank the coolaide big time. Work isn't about those things, and you should recognize when someone knows something more than you and show some humility. PMs I work with somehow always know the technology better than the people working with it every day. It is amazing!
This is a little handwavy, but consider that, in the context of modelling a human brain:

- If you model top-down (at the tissue/functional level like you suggest), you'll be recreating the "broadly correct" kind of computation, and you'll be recreating something that looks and feels like a really really bad, quirky and dumb human brain. But it'll have certain human-like qualities that are maybe even difficult to pin down. These would possibly make a ton of mistakes, but there'd be a lot of human-like biases and mistakes.

- If you throw billions of neurons into a bag, you may be able to train them to perform calculations with a high degree of correctness (eg.: ChatGPT, generative art, modern ADAS systems) but when these make mistakes, the mistakes they make will look extraordinarily stupid to a human (eg.: "a human would never have suddenly steered his car into a brick wall like that").

Both approaches can produce extremely stupid results, but you need the top-down architecture if you want to preserve what makes "the human flavour of intelligence" what it is. (I suppose you could emulate the same result with a big enough bag of neurons, but that sounds very inefficient to me, intuitively.)

---

Depending on what you're interested in modelling, you may need to combine multiple approaches, as the brain has multiple layers of emergent properties. I don't think that for most purposes you'd need to go as far as modelling blood contents, but something like it might be required if "embodiment" was an important part of what you'd like to model. There are certain types of things that biological organisms learn particularly fast because they have a physical body that interacts with the real world.

I don't personally believe embodiment is fundamentally required in the model (ie.: I think it's probably possible to emulate the same result if you use a sufficiently large number of neurons), but I think realistically it will be a practical necessity for keeping models and computations as efficient as possible.
Would you take $100k in free AWS credits if it came with a covenant that forced you to run only in us-east-1? That sounds exactly like what is happening here. If you really need the AWS credits, that's fine and good, but you can expect to take a reputation hit if running only in us-east-1 brings down your servers.

I'm sure you got a really good deal on that venture debt, though. Probably much better than everyone else who offered you a line of credit, and for a good reason.
So they switched economy to manual driving mode. Brakes did not work anymore?

Or rather brakes were so hard that front passengers were thrown away...
> People are crying because this is just another case of the rules not applying to the wealthy.

How so? Literally the wealthy investors and executives of the bank lost all their stock wealth and compensation.
Looking at your thought experiment, the difference is whether that customer gets $500K (all of the bank's assets are sold to make him whole[1]) or $1M - all the banks assets are sold, and also he gets another $500K from the FDIC.

[1] - the $250K insurance is normally only supposed to apply if there are insufficient assets to cover it. Unless I'm misunderstanding your wording and the bank in the thought experiment has $750K in assets.
Fair. Thought you were talking about making SVB depositors whole.

I’d call the BTFP a mechanism to stabilize the banking system in the US, given rising interest rates. I guess I don’t care as much about the semantics, though.
> It's very possible that if this is not done, the only banks left at the end of the week will be the "too big to fail" ones.

I don't get it. Doesn't the unlimited FDIC insurance encourage mega-banks? If funds were only insured up to 250k, wouldn't that just mean we would have to spread money across multiple banks. And sure some banks would be wiped out but new better banks would take their place. It's not a closed system

Banks used to fail and be smaller failures. Now we removed almost all failures except when we have a failure its huge:

Total number of bank failures: 512

2023 1

2022 0

2021 0

2020 4

2019 4

2018 0

2017 8

2016 5

2015 8

2014 18

2013 24

2012 51

2011 92

2010 157

2009 140

https://www.bankrate.com/banking/list-of-failed-banks/
I’m currently reading Paul Feyerabend’s “Farewell to Reason”, which makes a lot of the same arguments, but in a more philosophical and less political way. Highly recommend it if you’re looking for a heterodox take on the history and philosophy of science.
Presentation? get notifications. Work day? get notifications. Steeping tea? get
notifications for all activities of your life. Now available with expressive ASCII art, desktop sounds, etc. Version 2.0.0 of arttime brings from-history, keystroke macro files "keypoems", completion. So you can easily create your favorite timer or time management programs, add a dash of art to it and even scroll in history to restart a timer you had set in past.
Naturally aspirated.
I have some off-the-grid and expat friends who I suspect are rooting for a collapse primarily to justify all the shit they did and said. These types seem to thrive on doom and I have no doubt they've always existed throughout history.

Eventually I suppose they'll be right, but primarily as a result of one of those broken clock coincidences ...
If you've been privy at all to the conversations founders etc. have been having for the last 48 hours, I don't think they're going to come away from this feeling like "don't worry". There was never a guarantee that the fed would step in, and there won't be a guarantee going forward. Treasury management will be a thing that all VCs worth their salt will insist on going forward.
See also MAD / Michigan Algorithm Decoder whose ?? successor (MAD-SLIP) was the language ELIZA was written in:

https://en.wikipedia.org/wiki/MAD_(programming_language)

https://en.wikipedia.org/wiki/SLIP_(programming_language)
That's how the financial empire works. It's free stuff at the casino to keep them coming back.

Sure they take the USD we print for them, but then what are they going to do with it? Keep it in US bank accounts.
Why would we want a situation where everyone splits up their cash into $250k accounts? Seems like that would waste a lot of time while removing competition (who cares what the bank is, any bank is fine for $250k). And it wouldn't ultimately save taxpayers any money, it's just a strategy for gaming the current FDIC guarantee.
There are a number of designs that have to half-height dishwasher stacked atop each other, so only takes the space of a normal dishwasher, that accomplish exactly this. The only problem is they tend not be as good quality as conventional dishwashers, and you only have half of the usual capacity (which can be worked around in many cases when necessary)
They had too much MBS with average maturity of 6+ years. T bills by definition mature in a year or less. T bills, if they had any, weren't the problem.

https://www.netinterest.co/p/the-demise-of-silicon-valley-ba...
Treasuries are exempt from state taxes, at least when held directly
I guess the bridge loan doesn’t matter now that the depositors of SVB are getting their funds tomorrow?
> My position is that SpaceX are justified in the limits they've set.

They are not.

> That hasn't changed at all.

Of course it has. You indulged in whataboutism. You suddenly wanted Starlink to be on the same terms as other aid. That is inconsistent with your original claim.

At this point you're not keeping up with your own posts.
I assume you typed this on a phone and got an undesired word somewhere because I have no idea what it means.
Again, the system of massive government regulation and taxation, borrowing, and spending programmes is not "capitalism". I don't know what "VCs show their ass", or people asking the government to help them has anything to do with it.

Government propping up special interests is pretty anti capitalistic, whether it's a corporation, an unemployed person, or a college student trying to default on their loans.
These are the same people that influenced most of the recent opinions around Google, Amazon, Meta, etc. I'm not saying everything is peachy keen at those companies, but just keep this in mind next time you see the next "Google eats babies" or similar un-nuanced headline and comments section.
I modified the multitouch code for Karabiner Elements to support a palm activated action that can be used to add another layer of keys to my MacBook’s built in keyboard
Your claim appears contradictory to what being reported in financial news though.

[0] https://twitter.com/colbyLsmith/status/1635061613920395264
Indeed, however governments could set the terms of reference for the central banks for rates to be more 'sticky'.
Money printer go brrrrrrrr.

None of this is surprising to people who know how bank money actually works. The US congress literally has unlimited nominal credit and practically unlimited useful credit, and it can grant same to any of its creatures.
There is some truth in it. The bank had a relatively small shortfall (I think about 2%) compared to its total assets, but any shortfall at all is dangerous for a bank since it is liable for 100% of assets.

The bank was trying to get some financing to cover the gap, which it might have been able to do, but its customers heard the rumors and tried to pull out around 25% of the assets. Had the bank gotten the financing before the freakout, there might have been no problem.

As it is, the Fed and FDIC seem to be able to put the situation together by finding another bank that is willing to eat the shortfall to buy $200B of AUM. It's a easy resolution with the minus that now instead of two big banks there will be one even bigger bank and we've got too many banks that are too big.
Better filtered through the open market for banks than paid directly out of your taxes.
I think it’s a mix of smart people talking urgently about things well outside their areas of expertise, folks hoping for a bigger disaster for ideological/personal reasons, and the mean-reversion in quality typical of high-visibility threads. Nonetheless surprising and disappointing to me too.
5000 years is literally a blip in evolutionary timescales.
Biggest draw for me buying a SE mark II, after 3 Xiaomi, was the sub 5" screen size. IF the rumor mill is correct this is going to be a 6.1" device.
Its incredible incompetence that the fed doesn't fully guarantee all deposits at FDIC member banks. The liability side of banking is not the place for disciple. MMT founders and Bill Black have been saying this since 2008. Insure depositors and blow out shareholders and management for making bad investments.
It should be spread out in order to mitigate risks like this.
I am exactly the same but I got shot for work at it.
That was already the case for the vast majority of people since FDIC insures anything up to 250k.
It does sound immature, but I wouldn't blame it on you. It's a state that you're in, that you want to get out of. Emotional maturity has to grow too, and you have to put effort into growing it, just like mental and physical growth.

People often recommend meditation because it's a quick, dumb fix for this. Sit still. Observe your emotions. Let them go. Eventually you see these emotions boiling up, but they don't control you. As time goes on, you get into the root of these emotions and pull them out.

If meditation is hard, therapy is similar and more precise, where someone else goes in and debugs you for a price. It's more time-effective, but you still have to put in the time to release the negative emotions.

There are reasons you feel this way, but telling yourself that it's irrational doesn't stop them. It's also quite common for more senior devs who have gone through the death marches and such.
Tell me you're doing a bailout without telling me you're doing a bailout
We have such a magnet for the dishwasher at work. Problem is that people are unreliable at actually flipping it. I just wish there were a display that would say what the current dishwasher state is.
Sure, here's a Gist for each one:

- Key chords: https://gist.github.com/CFiggers/ccb6bc911ee87f423f558368128...

- Right-click menus: https://gist.github.com/CFiggers/96bc37ca468909c9ec83252144c...

Let me know if you have questions. Enjoy!
The public relations folks are hard at work to make sure that the people responsible for this, are never held accountable.

Be thankful for your government, it's the best that money can buy.
>it's based entirely on consumer confidence

Not typical consumers, right? Typical bank consumers have < $250k in their account, and thus there's no reason for them to cause a run.
Remember, it's not a bailout, it's a "backstop".
Well this is one of the wilder comment threads I've been a part of. Good luck with your investing.
> Which is terrible for competition if everyone’s essentially forced to use a top 3 bank just to have confidence for your money in a US Bank to be safe.

Isn't that the whole point of this decision -- giving depositors at non-top banks confidence in the system?

If the FDIC et al. had done the opposite here (let SVB depositors take losses) then the takeaway would have been "bank only with a top-3".
And all the average persons the OP mentioned were already protected. We’ll see if this stops the contagion. It’s in our collective interest that it does.
One of my favorite spa/hotels for a weekend retreat for my wife and I has absurd waitlists — takes a few months typically to reserve 2 nights. However, they have a 7 day cancellation policy that leads to a U shaped availability curve for rooms.

The hotel website itself is inordinately difficult to search more than 1-2 nights (each day takes 6-8 clicks to search), but it’s all queryable through an undocumented API, so I wrote a small CLI tool in Crystal that can scan the next 60-90 days (configurable, of course) to see if there have been any sudden openings.

It does it all in parallel, so I can find out within about 10 seconds if there are any rooms available within a 30 (or longer) day range.

It’s already helped booked one wedding anniversary trip and one special getaway for 2 friends. I don’t use it often, but it’s wonderful to have around.
That’s pretty extreme. There’s plenty of blame for SVB, but the depositors? That’s victim blaming.
Lol at the mass media trying to exculpate capitalism. This is exactly capitalism.
As someone once said, there are no atheists in a foxhole, and no libertarians in a bank run.

I've seen this tired argument so many times in last year: you make millions pumping crypto, you're just a genius capitalist and not a regulatory arbitrageur. If you lose money falling for another person's pump and dump, it's the government's fault for not saving you or making you whole. For these people, government only exists to enrich them/save them from the downside, just what this article talks about.
So now that you've said React is indeed useful for complex projects, what relevance does the original post have here? It does nothing except clog up the comments with people tooting their own horns about how amazing they are for not using it.