skysight-inc/HackerNews huggingface dataset:
Do you have any information about how much higher this return was?

In any case, this is a failure of government regulation. If the FAA started allowing cheaper flights on aircraft that had less stringent maintenance standards but let passengers know that it was "at your own risk," then I would question the FAA and the airline industry, not the passengers opting for the cheaper flight.

The $250k FDIC limit on accounts with hundreds of millions of dollars is ridiculous and doesn't sufficiently protect the financial system. That is the regulator's and Congress's responsibility to provide better governance. That a bank like SVB was allowed to exist, with its client base highly concentrated in one very particular industry sector, is also a governance failure.

A startup company's bank account, where it holds VC investment cash and pays out salaries and invoices from, is not something that should experience occasional random disasters where the bank suddenly disappears into a thin air along with your US dollars. This is like a major transportation or industrial disaster, punishing the victims (depositors in this case) doesn't make sense. The focus should be on making the planes, trains or bank accounts safer of future users while compensating the victims of disasters and building trust in industries and regulators. Due to the unique nature of banking, punishing the victim also risks cause the phenomenon of bank runs to spread to other banks and causing further disasters at a time when the economic situation is fragile to begin with.
Me too! But how, exactly?
In November 2022, Tether claimed that they hold US$40B in US Treasury bills "with an average maturity of less than 45 days".

https://assets.ctfassets.net/vyse88cgwfbl/1Xfu4398CIoMiuKjPh...

(Whether you should believe this claim is, of course, another story entirely.)
Hopefully a RLHF fine tuned model will be released soon because that will make the technology much more useful and less disappointing to people trying to run an alternative of ChatGPT on their local machine.
In my understanding all accounts up to insured limit will get paid Monday. everything else is going to have to file a claim which could take a long time to resolve.

Seems like about 8% their assets will be locked up / at risk. For a company that promises to have 100% of assets backed up / readily accessible, I wouldn’t be surprised if this triggers a run.
I found that with the flickering images I could see the two individual colours if I looked at them through the gaps between my fingers while waving quickly at the screen. This worked even on a 144Hz monitor, where I couldn't otherwise see any flicker at all.
I would have loved to do that but the other end of that cable is attached to the TrackPoimt which is plastic welded into the keyboard mechanism. Didn’t have much choice and I wanted to be able to remove the keyboard for maintenance if needed later.
Here's (admittedly weak) evidence: calling for actions that lead to bank runs.

It's hard to take defense of startups seriously where startups are blatantly going to screw others over for their own sake. Do I get it? Yes. But it's more than me vs them; they made it an "us" vs them.
Ask HN: Did you have any real life-changing experience people often talk about?
The experience need not be an external event. It can also be an internal habit change initiated by you upon some realisation that brought in real paradigm shift in your life.

Or simply and external event that made you take big decisions.
How would I use it for GitHub? The documentation says "mobile device."

I've never used these these programs before, and don't understand how they go together. How do I configure the app to connect to GitHub? How does the app help me log in? Do you have a pointer to a step-by-step walk-through?
Building a DC is yet another level. Co-location facilities drop redundant power in your cabinet and manage cooling. All you need to do is make sure you plug your redundant power supplies into the right PDU. Also, any decent co-lo provider will rack and provide remote access to HW.

For geo-redundancy (unless you’re at massive scale beyond an HN comment) a couple of cabinets per facility is an incredible amount of compute.

For hardware issues get support from your hardware vendor. When equipment fails (drive in a RAID array, power supply, entire chassis - whatever) they’ll dispatch a tech directly to the facility and take care of it. Depending on what you’re willing to pay it’s either same day or next (and warranty support is usually the first thing vendors will discount if you negotiate).

I’ve “deployed” to multiple data centers that ran for years without ever stepping foot in them.

That said I’m with you - I’m a little concerned Big Cloud is here to stay after 20 years of incredibly effective marketing and mindshare dominance. We now have an entire generation who’s sum total understanding of hardware is a (reversible!) USB-C connector.
How will Chad Chaddington III become a Harvard man if they dont have a good Lacrosse team?
Worth More Dead My biggest project to date, and how it fell apart
How would I use it to register 2FA for GitHub? I haven't found a description of the process, and I don't understand how it's supposed to work.
> It works fine right now

> don't want to put any effort into upgrading

There is so much effort from Apple to reverse this.

They want to make it harder to stay on older versions. So much so that upgrading feels like the less painful option.

Be it hardware or software they really put in so many roadblocks, its almost like an evil masterplan.

No more Apple for me.
40% of the spending in the US economy is directly from government, substantially more is directed based on regulations by the US government and the leadership in that government is generally recognised as poor.

The odds of any given crisis being caused by government are good enough to justify it being the base-case assumption before any real evidence comes to light. Although in this case, the long stretch of time at near 0% interest rates and a culture of bailouts encouraging reckless financial decisions are probably going to turn out to be major factors.
If you sift through https://www.sec.gov/edgar/search/#/q=SVB&dateRange=custom&ca..., you can get a decent sense for which companies had loan, banking, or other arrangements with SVB.

(There's a bit of noise from companies that have "SVB" in their name, and some entries from SVB itself. Also, many of these recent filings simply say something to the effect of "we don't use SVB and aren't materially affected". Still, someone with more time / inclination than myself could crawl / process that to build a much larger database here...)
Maybe in the sense that the firehose monthly paycheck cannot be found at another company so I have to agree with you that the parent's comment seems very distorted.

Parent, try imagining a career like mine: 16+ years of working for startups that paid in the $60K ~ $80K range. Now feel better about yourself.
Heh, this comment made me giggle. Indeed when someone says that React (or any other technology to write a SPA) sucks, they should just go back to PHP + jQuery in order to remember why we are here.
Don't forget the fluent L2 English speakers that don't necessarily know all the slang out there
This is a short seller trying to profit by shouting 'fire': https://twitter.com/Seonicx/status/1634804400567746560

Bank runs are a tragedy of the commons, trampling people in panic and naked greed, burning down the system of the world on the way out. Don't believe the hype.
The latter doesn't make for as exciting a story.
From my engineering point of view, the state of the art of homomorphic encryption can do some maths very very slowly at a huge cost and can’t be used yet for any real use case. A very cool research topic, but it’s much simpler to run our software locally if you don’t want to leak your data.
The fact that an institution cannot freeze a bitcoin wallet has been extra appealing to me after witnessing the reduced liquidity those with SVB accounts are experiencing. I'm unsure if it's worth the price volatility, but this is making me reevaluate cryptocurrencies in a better light.
The "them" in this case are those who gleefully point out that only 250k is insured by the FDIC and any startup that deposited more than that was engaging in risky behavior and deserves to lose their money.

In such a situation, you can't cry foul on those seeking to move their money into safer banks, even if doing so precipitates a bank run.
Thanks for explaining, very enlightening.
Disinfo Alert: FRB FDIC rumor is likely FUD campaign (see thread)
The dubious / likely disinfo thread [1] below was posted about First Republic getting taken over by the FDIC. It appears to be a disinfo campaign possibly related to short-selling FRB.

Just wanted to make sure we're not panicking - as that was my immediate reaction...

Also, if you search Twitter for BoA, etc. you'll find the same spam signature over all of them.

[1] https://twitter.com/mikealfred/status/1634783756656492544
What smurfs in space 2 bro? You must be joking cuz, the dialogue and story are atrocious.
If I were a bad actor with the resources, I would dedicate more engineering effort to making the device subtle. It would try to remain invisible until a mouse/keyboard was plugged into the dock. The interceptor would then read that fingerprint and present that to the host OS, keeping the user unaware of the middleman.
Why Are There No Relational DBMSs? (2015) [pdf]
But isn’t resetting the shareholders to zero exactly the problem? If we’re keeping score, the shareholders should owe the government exactly how much money was used to make the debt holders whole, right?
Tether claims they have completely exited their position in commercial paper and are currently over 70% in US T-Bills.

https://tether.to/en/transparency/#reports

Disclaimer that I'm a bit of a Tether skeptic, but if I'm wrong and they either were in, or have been able to get to, a fully-collateralized position of mostly treasuries and are earning 5% interest while paying 0% on USDT, good for them and good for regular people who won't be left holding bags.

I'll always consider Tether in the context of their July 2021 CNBC interview with Deirdre Bosa. Timestamps are relative to the copy at https://www.youtube.com/watch?v=ZBEqyiO35cQ

I don't think they've said who the commercial paper counterparties were and claim it was an important trade secret. Traders in the US commercial paper market say they had never heard of the Tether folks which was odd given their attestations would have given them a top 10 global holding (17:20). Explanation, they use intermediaries. Will they give names or details on the intermediaries? Can't, trade secret.

Did they hold Chinese commercial paper? Dodged the question twice (6:30 and re-ask 7:35).

Where are the CEO and CFO of this company that holds $60B of assets? Why don't they talk to media? (24:40)

But hopefully we'll get assurance regarding the reserves soon. They were excited to promise a formal audit in "months not years" during that interview (27:42)... looking forward to this spring so the audit can be released before we hit two years.

(edit: trying to shorten)
It's a self fulfilling advice.

Though granted, SVB is a ticking time bomb since all of their deposit went to low yield long term securities. So such a run would have been an eventuality in the current interest rate.

The question is, who else is doing this.
That's a weird form of investment strategy, what is your yearly returns looking like?
I mean then you accept that banks aren’t risk free? I’m not sure why people have been under the assumption they are.
On mobile (safari) it doesn't show results as you type. You have to type your partial string and then press the dropdown selector to see the list filtered by your string.
OP here again.

I photoshopped one moon next to another (to see if one moon would get the AI treatment, while another would not), and managed to coax the AI to do exactly that.

This is the image that I used, which contains 2 blurred moons: https://imgur.com/kMv1XAx

I replicated my original setup, shot the monitor from across the room, and got this: https://imgur.com/RSHAz1l

As you can see, one moon got the "AI enhancement", while the other one shows what was actually visible to the sensor - a blurry mess

I think this settles it.
We will find out on Monday.
Hey there everyone. My name is Pedro and I'm the creator of the mentioned project.

First of all, I'm really grateful for all the feedback, positive and negative, about my project. When I started this 6 years ago, I was teaching myself harmony. Writing a Ruby Gem was a way of making sense of all that and at the same time making what I consider "music calculations".

A lot has happened since then. I've realized that while a Ruby gem might be cool for some applications, I really wanted to have something more visual and more inviting. Like an app. I have completed my (belayed) college degree on Graphic Design with my final project being this app's design. It's all ready. Now it's just a matter of finally implementing it. So I've been working, since around 3 years, on a multiplatform app. Possibly also a VST plugin version for DAWs.

Thank you all for the interest on the Gem/CLI project however. It's not abandoned. Since many of you expressed interest on it, I'll take a look at the problems you reported. Certainly a way to install via homebrew would help I believe.

It's 4 AM over here now so I better cut it here but will comeback later and maybe answer some of the individual messages.
Sure but at some point you're testing prompt generation and what happens with the model, thats what Im talking about. This is a basic session with a couple of people clicking cost that much. So clearly Im doing something far more wrong from the API side to get whats clearly magically worse billing than everyone else here.
"ELI5"
Two linked frameworks to support behaviour change in yourself and others
Can someone explain me this…they used people’s money to invest in bad securities? How is this different from criminal behaviour of FTX?
“ nor is it a target for hackers, ”
Most ignorant statement of the year.
Is there a reason why the election of a new government did not result in the return of the previous regulations? Was the Congress and White House not able to change the rule?
> A fruit fly brain is a better model to simulate in this regard. It's much more "generic", so there's a hope that we can recapture high-level behavior from it more easily.

This is a completely baseless assumption. It is also moot, since simulating even 300 neurons is beyond our current computational power; simulating 3000 is not going to be possible in the foreseeable future.
But will it be available in Stainless Steel?

Probably not.. would make an already heavy EV even heavier.

I am struggling to find a connection to the roots and character of the DMC-12. This looks plasticy on the outside and suspiciously similar to a Tesla on the interior.. bleh.

What's the point of a mid-engine look when there's no engine there? Impractical wasted space in a hollow shell.
Only necessary rule of English seems to be "double negative". But that just academic posing, everybody understand this is just colloquial emphase.

When yelling "No! No! No!" you have to do it odd number of times, otherwise people think it is "Yes!"
> for our own safety we need to let them control how we use math

Not math. The magical sauce is not math, it's the raw text used to train the model. Language data has this property that it can take a raw initialised neural net and turn it into LLaMA and chatGPT.

The same language data turns babies into modern empowered adults instead of cave men or worse. We're not that smart without language. A single human can't rediscover it, it is a self replicating system evolving in parallel with us.
I wonder why we in modern west medicine focus so much to extinguish the consequences but ignore causes of illness.

Would it ruin business for pharma companies?
So 7 cents for dozens of requests is only about 1/10th what I was saying. So could be I have the old API, but even that 7 cents for 10s of requests is not cheap compared to executing a model yourself at scale.
Add USACE for our public docks.
Thank you! Definitely; right now it only checks whether the latest karma does not equal the previous karma: https://github.com/jareklupinski/hackernews-badge/blob/main/...

Changing the condition for this branch, for example to

if ((previousKarma + 500) < userKarma || (previousKarma - 500) > userKarma) {

would make the notification go off when the karma has changed by at least 500. For high value accounts, the variables should probably be changed to 'long's as well... I enjoyed the light show tonight ;)
True, true, but I don't want to take zero risk. I want to take some risk. For example, I do own short term Treasuries, but I want to borrow against them to short some stocks I don't like. And as soon as I have a margin account, my counterparty risk changes drastically due to how brokers work.
I'll be a Svelte evangelist till the day I die, I avoided the whole early reactivity phase because of how off-putting React was, finally started when Vue became slightly stable, and completely switched to Svelte when ractive.js was being sunsetted and Sapper/Svelte was the new thing in town. Haven't looked back since. Even now I really think half the reason everybody jumps on the React bandwagon is because everybody is using it for some inconcievable reason. Heck they won't even look at Solid or Svelte. React state management honestly looks like it was tailor made to torture you. Reminds me of how painful RecyclerView used to be before Compose.
The story was really generic. I'm surprised so many disagree.
I can see how you might have that opinion, but it isn’t in like with generally accepted accounting practices on multiple levels.
Howdy everyone. Geoff here (creator of this list). I'm currently sitting at a pizza joint going through SEC reports. Would appreciate it if others could pitch in/send over pull-requests if you have capacity. <3
Great article, I love "digital archeology"!

I created two demos in 1986 that also show additional colors to the basic palette of the C64. I don't recall whether these demos used a pattern of pixels that caused "CRT bleed" [1] or whether colors were quickly alternated in the way described by the article.

I just ran the demos in Vice and took screenshots [2]. As an aside, notice that the sprites extend outside the regular border which was long considered impossible on the C64. A whole arms race started between demo groups to beat each other by taking border sprites to the next level. I contributed to a number of those demos too [3].

[1] Of course, I just ran the emulator on a non-CRT display on MBP but I don't know how well the C64 emulator also emulates the bad video quality of 80s TVs/monitors. I seem to notice some bleed artifacts in the screenshots.

[2] https://twitter.com/hackteck/status/1634807467056963585

[3] https://csdb.dk/group/?id=81
relatedly i wonder if there's existing tooling for getting notifications/daily recaps of comments made by high karma accounts (or accounts you choose to follow) - always felt like this was a missing feature in HN
Interesting, perhaps this isn't the best one. It's more the exercise of trying to tweak revenue and spending that I am recommending than this particular site. Otherwise people seem to imagine that the problem is much easier than it is.
> I crossed that line several years back and my biggest realization is how little I knew back then.

Mine was that at this mark I already started forgetting stuff which I knew by heart as a junior dev.
Is there documentation for feeding your own documentation into it?
Yes, I checked, there is no any token that was granted to Vercel.
Genuinely displeased at myself for looking at USDC @ 88-90c with lots of liquidity to 91c last night and simply going to bed because I was too tired. Some people made an insane amount of money capitalizing on stupidity and irrational behavior. I'm not one of them.

EDIT: I think it's most likely that it repegs to $1.00 within a week, but at 96c (current price) there's not enough risk-adjusted return for me.
I am seeing this talk of a bailout everywhere.

But why would a bailout be needed? Where are people getting the idea that they don't have more than enough assets for all their customers?

What I read last week was that they had a classic bank run, where they couldn't liquidate long term bonds fast enough when everyone panicked.

Is there something else going on?
> if I short every company when it's CEO wears a red tie

No matter how ridiculous your strategy may sound, if this is how you successfully grow your fund over many years then perhaps it's a great red flag and not just survivorship bias, so let's do an interview and hear your thoughts on this topic.
Banks are predicated on the idea that a limited percentage of depositors are going to want their deposits at any given time.

Insinuating that all assets must be liquid enough for all deposits to be withdrawn simultaneously basically requires that the bank only hold cash, which makes the entire concept of a bank fall apart.
> It is extraordinary claims, require extraordinary evidence, or experience/proven competence.

But they don't. All they require is for you to evaluate the claims, on their own merits, without examining the speaker for their credentials. Evaluating a claim based on the credentials of the speaker is quite exactly an appeal to authority.

> And this seem to be, reactionary.

I'm not sure what you mean by this, or how to take it, so I'll try again with more words. Nobody is claiming that the best way to get a job at a large company is to build an experience base consisting solely of pure HTML websites. Nobody is even claiming that this is a good way to get a job at such, or that it will work at all. This seems rather orthogonal to the claim that, depending on what you are building and what you are trying to accomplish, "All you may need is HTML".
We're extra careful about how we moderate HN when YC (or YC-funded startups) are part of the story. If we had turned user flags off on the post, some people would have felt like we were using moderation power to promote a YC story, even though HN users had expressed (through flags) that they didn't want it on the site. In such a conflict, we need to follow the community's verdict, even if it goes against YC. We do that because we understand that the good will of the HN community is more valuable in the long run. Does that make sense?
The kind of mortgage-backed securities they held are still US Government securities! They are “mortgage-backed” more-or-less in the sense that the Government is willing to offer such-and-such amount of investment opportunity at so-and-so rate of return because they are holding a bunch of mortgages that they expect will be able to pay for it. They are different to Treasury bonds in important ways so it’s imprecise for me to refer to all of it as Treasury bonds, I agree.

In practical terms, the reason SVB held MBSes was the same reason they held Treasury bonds (low risk because of Government guarantee), Treasury bonds and MBSes react to Federal Reserve rate increases in much the same way, and the ways that MBSes and Treasury bonds differ are largely walled off by the Government guarantee and thus immaterial to SVB (if the housing market does some wild stuff then MBSes might pay out differently to Treasury bonds, but this didn’t happen here).
Rising cost of goods (food) of course. But the logistics are harder too for fresh products.

HelloFresh could only offer me 'whole of day' delivery slots, not even choice of AM or PM so I dropped that subscription before I ever saw a box.
at this point, I think that bezier curves are ugly. I just want a car with an actual shape, not something that looks like a used bar of soap.
Agreed. I wish the VC community had come together and financed a stock purchase with SVB to recapitalize it instead of running for the hills. Unfortunately, VCs aren't exactly known for their community-oriented mindset.