skysight-inc/HackerNews huggingface dataset:
Head, we get bonuses

Tails, taxpayers bail us out
Investor profits threatened by interest rates: “We’re sorry we’re laying you off, we take full responsibility, now gtfo”

Investor profits threatened by unstable silicon valley financial system: “Think of the workers! The sacred obligation of payroll!”
Naaah. If you're doing it for profit, and running a big duplicator farm or selling things online, it can make sense for it to be a criminal offense. But the laws are not crafted that well.
The white house wasn't even doing the same. The fbi was pointing out tweets that violated Twitter's rules and suggesting that they evaluate them but that it was totally up to Twitter about what to do. The white house was pointing out tweets that embarrassed or otherwise hurt Trump's feelings and demanding that Twitter take them down
The absolute horror.
government doesn't need taxes to fund anything, it can just create money and sell bonds. Taxes are just for steering money flows
It might be impossible to anticipate which way exactly things will go wrong, but I’d say it’s pretty easy to anticipate the ways things can go wrong. I see this as at least ignorance, probably negligence, and at most, fraud, on the part of a lot of folks involved.

This has been the most widely predicted recession in history as far as I am aware. The Fed has openly and deliberately said they will raise interest rates until something breaks. Investing in assets that are negatively correlated with interest rates under these conditions is a terrible idea. Professional bankers should know this.

Startups are far less negligent, but still, could diversify their deposits with multiple banks (or use “real” banks) to mitigate their risk. Startups are risky enough; having sound money is important and I wouldn’t be risking it with a regional bank.

The Fed is negligent for treating financial markets like penny stocks. They had nothing else in their tool chest to fight inflation, though, so I can’t entirely blame them.

Politicians and the Fed are negligent for creating so much liquidity that it spurred such immense inflation. Anyone with a macro-101 level of economics could have foreseen this.

Voters are negligent and ignorant for their unwillingness to elect better politicians and demand change and reform in an area that continually fails them. We are failed time and time again by the banking system because it is fundamentally unable to be guaranteed solvent. We bail banks out or get by a crisis somehow and forget about it until the next time around and then shout “wow, who could have seen this coming?!” as if it is the first time a bank has failed.
Insect farming startup targets pet food as gateway to human grub
VRAM is the thing that Apple Silicon is going to have in excess compared to anything even close in price. MacBook Airs can have 14-15GB of VRAM if necessary.
Thanks! How did you get those to present as separate lines, without putting a blank line between them?
> they are destroying the principle of every existing bond on the market

What principle are they destroying? Bonds are not, and never were, immune to economic changes. They're just less volatile and react differently than stocks and, if you hold them to maturity, will pay what what they promised.

It seems to me that the problem is that a whole bunch of people made investments assuming that there was effectively no risk in doing so. Like the good times would last forever or something.
Yes, why did they invest in MBS, with negative convexity, at historically low rates!
Show HN: Visually Edit React in VSCode
Yes and it's never the iPhone, just iPhone. But I don't care and don't work for Apple PR.
That's a novel way to get free publicity lol
this entire event was triggered by startups (YC and others) starting a bankrun
Liquidity is defined as being able to sell quickly at a fair price.

Surely they did sell those treasuries without any hiccup. (I'm not 100% certain about the MBS they hold but the main problem is that the fair value is down and not the discount relative to that price that would be required to sell quickly.)
Always found it a bit amazing when a way was discovered to fake three voice sound on the CoCo's stock hardware. The add on sound cards were pretty neat but most cost almost as much as the CoCo itself. Since much of that cost likely came from making it into a ROM pack and a boxed SKU, I am a bit surprised that Tandy didn't include one of them on the motherboard of the CoCo 3, but they also passed on the chance to add sprites to the CoCo 3, so the twin principles of the CoCo being relatively low cost and the 6809 (somewhat of an extravagance for 8-bit computing) doing all the work seems to have kept those extra functions from being added.
I graduated in 2020 and was considering doing a PhD in NLP as I had already been doing research at a lab. I ended up joining a series A startup, trying to turn research into products.

I don't regret it much, as I was tired of being a broke student. Also I think the problems you run into in industry are more interesting. However, I do think my skills stagnated a bit and I learned more when doing research.
What are his viewpoints and how are they amplified considering anybody can post anything?
I found it recently. Most of those fonts are excellent and there’s also a nice selection of variable fonts which for web use are incredibly handy.
I think one problem I have with gdb and to a lesser extent lldb is that when using them with an IDE, it's just a janky connection between a command-line program and a GUI program. Back in my macOS 7-9 days, using something like CodeWarrior, or even Vusal C++ on Windows, stepping was so fast and smooth. It would respond instantaneously. I can now press the step button like 5 times and watch as it steps to each line. My machine is a bazillion times more powerful, so I have to wonder if that interface between the UI and the debugger is part of the problem. I realize there's also protected memory and separate processes, and all that. But man it's insane how much faster our machines are and how much worse just single stepping is.
Aye, the mistake was the duration, not the instrument. I hope nobody would take 60% of their brokerage account and invest it in a 10 year bond either, ladders exist not just to manage liquidity but also to limit the duration you have to suffer low yields with.
Cigarettes are so very bad for you that I don’t think this will ever be the case. I remember working on the administration side of cancer treatments, and half of all of the insurance codes were variants of lung cancer from smoking. There’s a point at which you smoke so much that it’s more likely than anything else to kill you.

Your point is valid that today’s smart-phone-social-media is as young as cigarettes were in the 1920’s, but the general problems have been around forever. Young folks comparing themselves to Instagram models is very analogous to air-brushed magazine models in the early 2000’s to cite a recent example. They’ve just been magnified. Smoking introduced a new problem.
> why would big banks not want to compete against SVB by establishing a smaller division that handles startups?

Because such startups tend to, when they can’t raise funds easily (=nowadays), withdraw all their cash deposits at the same time (=what’s happening at SVB), which puts it in bankrupt. So, small market, but so much variance in deposits that it’s risky.
remember this is the same guy that titles his self produced videos things like "my $200m startup mistake" in reference to deciding to work at Microsoft
I, for one, will scrape Twitter relentlessly.
Owning bonds that pay 1% for 20 years when inflation is running at 7% is a great way to lose lots of money.

You’ll get that money back come 2041, it just won’t be able to buy you much.
While it's possible that he did it for clout or as a FU to software companies, I think many people, including myself, pirated software in the early days of computing because the software itself was rare and cool. There were no demos back then to try software before you buy, and many people used software like Photoshop, Flash, 3D Max, etc for personal projects that made no profit. Even today, it's hard to justify paying $600 for a program that you aren't sure you actually like just to hopefully create some cool stuff to show your friends.

As for the "people that actually write software", I couldn't care less. It's been shown over and over that piracy never made the effect on thier bottom line that large software companies led many to believe. Simply put, people didn't buy these things because they considered them overpriced luxuries for simple hobbyists. The only choice was to pirate the software, or to never get to use it. As someone who writes software myself, I have no sympathy for people who want harsh punishments for someone who steals their stupid little program. Sure you put hard work into it, but so did a lot of people who offer their software for free. Generally, my thought is that these people are more upset that their software failed to make the impact that they thought it would or failed to generate the profit that they had dreamed of. Piracy was never at fault for either of those. They need to cope
> Just one note for those that aren't fully aware, the treasuries were only down approx 20% because they were forced to sell before the 10yr maturity. If they could have held the entire term they would get back 100%.

100% back in, say, 9 years at 1.5%. Or take the 20% hit today, buy back bonds giving 4% yearly and end up with the same amount. I mean: it's literally how the price drop is calculated right?
The article says that having crops under panels might help them through cooling. Options are worth investigating if it makes the whole system more viable.
In 2008, when startups started to fail, many colleagues left to work for large old established firms. Some others left banking on ne started new ventures. Turnover accelerated.
If we go through an event of the same magnitude, the economy and people will adapt, because history taught us so.
>I'm not the greatest Musk fan but IMHO his approach to charge those who benefits from Twitter is spot on and I'm actually rooting for him to be able to find a viable business model which does not rely on selling my attention to highest bidder.

If there is money to be made, he's not going to pass it up. Why not charge and sell your attention to the highest bidder at the same time? It's the literal cable model and it's proven to work for 50 years.
seems as if banks don't want VC startups as customers
I think you'll find French pensions do not rise to keep pace with inflation. And especially not "promised" pensions, you know yours or mine, the pension for people still working.
I also like to surprise my friends, family, and aardvarks with the occasional lamp post.
Bonds are perfectly safe investments when the normal consideration of safety is that you cannot lose money and you know your exact return through maturity. Can you miss out on better investments, ofcourse. The only issue is investing someone else's money into bonds - because they are the ones to decide when the cash is needed, not you. But I'd be shocked if at any given time at least 90% of cash is not invested in someway. You only want to keep what you need immediately out of investments.
Facebook parent plans new job cuts that could match last year’s tally
For covid-19, we got mRNA vaccines (small blobs of some mRNA surrounded by oil) , vector virus vaccines (genetically modified virus,) and traditional inactivated (aka "dead") virus vaccines. I think there are no attenuated virus vaccines.

So I expect for some time to still get new vaccines that uses different method. mRNA is more expensive but more flexible, so I expect it to win in the long run. But as the sibling comment says, they will be used first for new illness because if it ain't broke, don't fix it.

Anyway, a replacement of the polio vaccine may be a good candidate.
if you want a mortgage you have to wait until we dig enough gold out of the ground to give it to you
Oh no! Anyway...

I can't be the only one sitting here going, "okay, fine?". Do I want individual devs screwed? NO! Do I want to watch this same cycle of bailouts play out AGAIN benefiting the capital class AGAIN because god forbid they suffer from the shit-end of the capitalism stick? God forbid they have to tighten their laces and bootstrap and all the key-buzzword-unsympathetic crap? HELL NO.

edit: Since 4 neutrally-scored comments over 5+ hours is too much for this amazing, awesome website, let me elaborate here, something I can't post elsewhere (maybe if I sucked up more and lamented the impending horrible sad boohoo-y times for VCs...):

Why? Why do I try? Why do I try to build things of actual persistent value, instead of just building a big financial institution, tying it to others, and then just taking bigger and bigger risks knowing a bailout is "too-big-to-fail" inevitable? It's utter fucking insanity bred by a community of people that thought they were gonna have their shot on the other side of the see-saw.
https://archive.is/Fx1is
Long-distance energy transmission may be technically or politically harder, or just someone else's problem.

If you're a farmer and already own the land, that's what you can do. A combination of the two land uses might be more profitable or less financially volatile than either one alone.
> That said, Canada does have their own freedom of speech, under the Charter of Rights and Freedoms.

So basically the same amendment, covering the same rights and inspired by the same document (pretty sure the US constitution came first) just under a different name.
Not using SSH resident keys myself yet, but you also require key identifiers for your gpg keys on the local machine if you use yubikeys with gpg afaik.
Why would we destroy pristine desert, which is rapidly disappearing, when we could cover land that has already been disturbed, like parking lots, building roofs, and farmland? Deserts are important ecosystems regardless of their immediate utility to industrial society
> Hiring well is one of the best uses of your time

When I was an engineer I used to think this, but now that I'm a manager, I'm not so sure...

If you want to maximize your impact, and make the biggest contribution possible to your company, then yeah, sure, it's absolutely the best use of your time.

But a lot of engineers are trying to contribute to the company in ways that are mutually beneficial to them, and the way that a lot of companies set up interviewing is not. It's a thankless job that takes time away from things that can actually be put a performance review, so only the more selfless engineers will do it.

The article reads a bit like manager-to-engineer advice, but the advice to managers would be: keep track of who is helping out with interviewing, and who is interviewing well, and reward them for it.
Other then the term "shitposts" what's wrong with that statement? They did make updates to give him and only him a broader reach and more views. The only reason I say "shitposts" may be an issue with the statement is because I don't feel like seeing if there's a definition for shitposts and if there is cross referencing it with the last couple months of his posts.
FTX was simple fraud. This isn't really related and is more standard bank taking on wayy too much risk.
True, however I think the point is to put more shade tolerant crops under the panels. A lot of the crops we grow are not grown directly for human consumption.

Consider the corn grown for the production of ethanol: why not just harvest the energy directly with solar panels there and grow lettuce or carrots? It would be good to explore other uses for the space as well, like using the panels as shade or cover for livestock.
Both interactive and declarative debuggers work better in distributed systems than logging because they can observe events as they happen, and don't need to recreate the order in which they happened from the records which are very hard to make chronologically consistent.

Things like EBPF (which may implement sort of a declarative debugger) are, perhaps the only tool you may hope to use in high volume and high frequency systems.

If I could only choose one technology used for software diagnostics, I'd choose debuggers over logging. Debuggers need more effort to develop them, and they aren't very good (yet), but they have potential. I don't believe that logging can be substantially improved to deal with difficult problems.
all Thos banks usually start with 'swiss' passports in their name.
I believe it is a reference to the NFT craze.

So, yes to all 3.
On-site is incompatible with remote companies.
Safe investment means you're not risking losing the money, not that there will never be a better opportunity (that may be just as safe). Alternative cost is not really coming into play here IMO.
I think the problem is when those games don't hurt the individuals playing them. After 2008, most of those banking executives who screwed things up saw few consequences.

I agree that it's a good move for the government to use taxpayer money to prevent an economic collapse. But that's still the lesser of two evils: the government should be working harder to disincentivize the kind of behaviors that make wealthy individuals think that playing these sorts of games is worth the risk.

I'm not sure what "working harder" should entail (I'm no expert on this sort of thing; others are), but I think it's pretty clear they're falling short.
Unrelated to his book, but anyone else find Ed's last name mildly amusing?

English is not my first language so when we say "Snowden", unless we really try to do an American English accent, it can sometimes sound like "Snowedii-n".

His last name means:

> English: habitational name from any of the many minor places called from hills where the snow lay long (Old English snāw ‘snow’ + dūn ‘hill’). [0]

"To be snowed in": when you can't exit the property/house because of fallen snow. Keep that same thought but remove the snow element (still "stuck") and replace property with country.

Now take "Snowden", but make the E longer and make it sound more like an I.

Edward Snowed-in. One could say that he is snowed in, in another country.

Similary, another NSA leakers name: Reality Winner.

Not poking fun at their names, just pointing out the irony because of the situation they are/was in.

[0]: https://www.familysearch.org/en/surname?surname=snowden
Please name one “banking innovation” the banking industry has implemented in the last decade which has benefitted consumers.
>What are his viewpoints

Musk is very vocal about his far-right views. He's anti-union, anti-public health, etc.

>how are they amplified considering anybody can post anything?

Anyone can post anything, but Musk can and has systemically prioritized his tweets over organic content.
Maybe, IDK. Inkjets have never held much appeal for me. That said Lexmark lasted way longer in the consumer space and their inkjet printers were widely regarded as crap.
It means that the bank was gambling, lost, and wants to externalize those losses onto the rest of us who weren't gambling.
Yes.

And the pace of innovation in US banking was very slow, essentially stalled, for a generation from the consumer's POV

Here in Aotearoa we have ATMs on every street corner since the 1980s. All but the tiniest traders have had pos electronic transactions for nearly thirty years

Other countries are even more advanced (our banks are all like yous now, consumers now viewed as pests)

I want innovation in customer services, but what we get is innovations in financial engineering.

May they all rot...
5th IEEE International Conference on Artificial Intelligence Testing-Aitest 2023
The 5th IEEE International Conference on Artificial Intelligence Testing (AITEST 2023) covers topics such as:

Methodologies for testing, verification and validation of AI applications
Testing AI applications
Tools and environment for automated and semi-automated software testing AI applications for various testing activities and management of testing resources
Techniques for testing AI applications
Applications of AI techniques to software testing
Specific concerns of software testing with various specific types of AI technologies and AI applications
Constraint Programming for test case generation and test suite reduction
Machine learning applications to software testing, such as test case generation, test effectiveness prediction and optimization, test adequacy improvement, test cost reduction, etc
Crowdsourcing and swarm intelligence in software testing
Constraint Scheduling and Optimization for test case prioritization and test execution scheduling
Data quality evaluation for AI applications
Genetic algorithms, search-based techniques and heuristics to optimization of testing
Quality assurance for unstructured training data
Automatic data validation tools
Techniques for testing deep neural network learning, reinforcement learning and graph learning
Large-scale unstructured data quality certification
The 5th IEEE International Conference on Artificial Intelligence Testing (AITEST 2023) will be held in Kallithea on 17-20 July 2023.
It asked specifically if they couldn't make payroll for the next 30 days

Also -- it's 30% of those who responded to the survey. So lots of startups could be banking with SVB and have not bothered to fill it out. Maybe those less likely to make payroll would be more likely to fill out the survey
Twitter attempts to manipulate your emotions by showing you controversial things to keep you looking at ads as long as possible, just like every other social media company.
He wants "Depositors must be made whole" by the government.

Amazing how quickly capitalists turn to socialists
Emergency bridge loan for SVB customers
That is the right wing perspective, yes. And i'm sure PC is used at times cynically to deflect real criticism, that doesn't change the origins or original meaning I described. This alongside "wokeness" is simply acknowledging how much of our everyday speech and action rob certain members of society of their voice and agency, and trying to address it. Addressing it is a hard and imprecise process, but it's worth doing imo.

If even it engenders a near constant stream of culture war backlash. America wasn't great for far too many Americans in the past, that needs to change.
In any sane place this would be satire, but this being HN, I'm not so sure.
I'm with you. Getting something working is a lot quicker when the "cargo check; fix errors; cargo check" loop catches the vast majority of your bugs than building a container image, uploading it to staging, and finding the magical combination of inputs that triggers that code path.
The 'Top Chef' Industrial Complex
Bill Clinton won the plurality of the popular vote in 1992 and 1996. The Electoral system is broken not because "my party lost" but because it means the value of a person's vote depends on where you vote.

If the Republicans win the next Presidential election, I am skeptical Democrats would stage an insurrection like the Republicans did, primarily because I have faith Biden is not Trump and would not incite the crowd as Trump and his ilk did.
It wouldn’t be a first to purposefully send agitators to these protests to provide an excuse for police overstepping their boundaries.
If you did that right now you would bankrupt a lot of firms. Heavy losses were incurred in the bond market
Hey,

Charge Robotics' work looks pretty interesting and the solar farm construction industry is ripe for automation. Out of curiosity, what were the deciding factors to start with automating material handling? Would automating pile drive machines be easier and faster to market?
Most of the work of the CFS pile driver machine is already built, The addition of a RTK corrected GPS and a GPR unit it could save quite a bit leg work and hassle with refusals.

I do see how the material handling with reach forks and telehandlers could apply to the broader construction market. Curious to hear your thoughts.
Do you have some reason to think there are some?