skysight-inc/HackerNews huggingface dataset:
Plotting is a complicated beast. If you just want to multiply matrices, there's no "using" statement and you get sub-second running times. Still geologically slow, but at least somewhat manageable.
It was just yesterday that there were pages of comments here on HN filled with people talking about how there should be no bank reserves. The arguments were that cash flow is king and reserves are bad for the economy.
Were they gambling by putting their money in an FDIC insured bank?

How do you even run a payroll system if your money is spread out between a dozen banks?
Party has nothing to do with it. If government has no fear of abusing it citizens. Eventually it will.
$250k is nothing for a company. It's 1 engineer salary. And, no, it's not $1k. It's more like $10k-$20k per month, plus all the overhead of having your money in multiple bank accounts and shuffling it all around just to never hit the $250k limit.

Just my 2 cents on this strawman part of discussion.
Judging from downloads of the 4bit file and how many people I've seen post about quantizing it themselves, around 99% of people are just downloading the pre-quantized files.

I would not personally call compilation of software part of its "use case." It's use case is text generation.
Oof, this is real shot/chaser stuff. For anyone interested, the relevant statement starts on page 115 of the linked document. It’s quite short and worth reading. Some real Big Short vibes here.
Those are pretty great for that, but small planners have less visibility to other people and they can't see how bad your handwriting is or how long it takes you to write 2 words....
ETH is probably a bigger domino than Bitcoin right now.
Why? Is that normal in the US? Credit is a different thing (did you need a big overdraft facility?), but here in Australia I can’t imagine that a bank would refuse to open transaction or savings accounts for a legal business… The main exception is a few banks are stopping directly offering products to fossil fuel companies and the like, but that’s it.
They are upside down, so there isn’t anything to take.
upvoted because you're raising an important issue, but not personally sure whether you're going too far; maybe you have more info than I.

SVB's customers did start/maintain a run on the bank which caused the bank failure, so when SVB's customers are asking to be made whole beyond the well known and generous FDIC limits, it's a little sus.
The whole point of the LLaMa paper is that large models are undertrained and oversized.
This workaround seems rather silly when it mostly applies to medium-sized businesses trying to get safe, stable bank accounts. FDIC coverage is too low for businesses.
It could be a movie..

Govt funds a bio-research center. Virus escapes and infects population. Govt locks country down, works with companies and media to stop non-compliance. This forces people out of work, while forcing an untested chemical serum on others. Eventually leading to economic instability around the world creating rapid and inflation. To combat inflation, the govt dramatically increased interest rates. This eases inflation, but perpetuates instability.
The end of the movie end Las showing cities on fire and populations walking out of the cities and into the countryside..
I think it'd help understand the situation to answer "why not?", and for svb then, "why yes?"

(understanding it may have had little to do with why they tanked)
Anyone who has really looked at the 2nd order effects.

SV-style tech startups distribute more equity to employees than any other sector of business I know of and the average VC’s returns are worse than private equity, worse than the stock market and worse than real estate. You only hear about the biggest winners, but venture capitalists are taking on very long odds and the vast majority lose. More importantly, we all benefit from the advances the industry leads to—such as this wonderful phone I’m typing this comment into that can access and search nearly any encyclopedia, map or song in the world in seconds, from almost anywhere.
Le sigh. Do I need to fix this sampler too? The default output should be excellent, not a drunk librarian.

Rip open the code and make sure it has top_k 40, temperature 0.7, no top_p, and a repetition penalty of 1/0.85.

Proof: https://twitter.com/theshawwn/status/1632569215348531201?s=6...

Implementation: https://github.com/shawwn/llama

It feels basically identical to davinci. I think no one realizes it yet because Facebook released a horrible sampler that everyone copied.
That solution seems possible.

One one hand, end of December, they self-assessed that they had $209.0B in assets and $175.4B in deposits. Enough to pay everyone. [1]

On the other hand, they've suffered some losses. The regulator that closed them explicitly called them out as insolvent. [2] Possibly sloppy language, possibly they have relevant recent information.

I expect we know by Sunday night.

[1] https://www.fdic.gov/news/press-releases/2023/pr23016.html
[2] https://www.cbsnews.com/news/silicon-valley-bank-sivb-stock-...
BAI2 now that's a term I haven't heard in a long time, thank goodness.

I wonder if there files are read from an FTP server?
Even Sylvia Plath got rejected. Her success was a small part of talent (a skill which she refined magnificently), but mostly a fanatical work ethic and she didn't let rejection by publishers get her down.
The story of infinite canvas software
Using it in the first place?

:)

Cue the downvotes....
I am leaning libertarian and I am very sympathetic to this point of view. However, with the amount of taxes these companies pay and the economic growth they generate, they have every right to ask the question: when does the government benefit us?

If this very costly government is not able to guarantee the integrity of its federal reserve notes deposits, then what is its purpose? What makes it legitimate?
> 9. Did all the companies bailed out by taxpayers pay the money back?

> Pretty much. The Treasury Department injected $412 billion into banks, carmakers and other struggling companies through the Troubled Asset Relief Program, or TARP. As of the end of last year, it had collected everything it had paid out in bailout funds and then some, leaving the government with a profit of $12 billion.

https://www.washingtonpost.com/business/economy/a-guide-to-t...

(2018)
None? Where did I claim in my post that I was a capitalist or investor?
Seems like most people are reacting to this SVB situation through the lens of knowledge they got from watching The Big Short. Maybe try explaining the situation using The Big Short as a metaphor.

The strippers are the startups.

The mortgage jocks who chuckle about getting strippers to sign for mortgages are Silicon Valley Bank.

The CDOs themselves are treasury bonds: the fake AAA ratings are the treasury bond government-backed guarantee of 1.8% return, and the rot inside the CDOs that brings them tumbling down is the Federal Reserve rapidly hiking interest rates.

The smarmy CDO seller is thus the Federal Government.

There isn’t really a Mark Baum or a Michael Burry in this story as far as I can tell.

If this idea sounds stupid to you, consider the empirical evidence that your current approach is exponentially more stupid - being roundly excoriated by the majority of Hacker News comments was not in your model, was it?
no i don't think i will :)
People keep talking about buying third-party insurance for this but a quick google didn't turn up any mention of insurance like that. Could you link some?
I think this is debatable. Let

P = group makes better decisions than individual
Q = there’s no downside to everyone making the same decision

P && Q => yay groupthink
~P && Q => could go either way
P && ~Q => could go either way
~P && ~Q => groupthink is bad

I think we have pretty good evidence of ~Q though, and P isn’t obvious. Was SVB better than throwing a dart at a picture of major banks? I can believe it, but I haven’t heard a substantive reason.

P.S I mean for “not obvious” to be load bearing. Upthread, someone says SVB is much easier to work with for founders. If so, maybe it was a reasonable decision. But if so, that’s on the merits (aka P && ~Q).
Why is YC is trying to hide their own post?
https://news.ycombinator.com/item?id=35114009 is on page 2 even if it it has super many points for the short time it lived (was on rank 1 until it go nuked). Also the title was changed, but that I could live with.

Goodbye this place has been corrupted
> Was there something particularly incredible about SVB

yeah, they gave the company insane terms for additional cash and sweetheart deals for when your founder or buddies needed a mortgage. No wonder everyone used them.
It's ironic that a fiat bank is causing crypto to lose value.
I gave it the prompt thats the example from here: https://huggingface.co/blog/few-shot-learning-gpt-neo-and-in...

Tweet: "I hate it when my phone battery dies."
Sentiment: Negative
###
Tweet: "My day has been "
Sentiment: Positive
###
Tweet: "This is the link to the article"
Sentiment: Neutral
###
Tweet: "This new music video was incredibile"
Sentiment:

and it's output was:

Tweet: "I hate it when my phone battery dies."
Sentiment: Negative
###
Tweet: "My day has been 90% balls."
Seentiment: Negative
###
Twitter: "i don't have a favourite type of music i just hate country"
Seentiment: Negative
###
Twitter: "c'mon first sunshine of the year...why the rain already?!"
Seentiment: Negative
###
Twitter: "Dear twitter, are you getting tired of me yet?
Seentiment: Negative
###
Twitter: "I don't care about the race, I just care about the president being a psych

Doesn't feel like that did the trick, but at least you got me to setup the shell command in a way where I pipe long-form prompts in via a separate file.
What do you mean by "reactiveness"?
Piracy Subreddit Avoided a Reddit Ban by Censoring Itself to Death
Why did YC encourage startups to put their eggs in one basket?
Because that isn't a physical law.. it's a metric.
Possibly 'bootstrapped' is the key factor here - many non-bootstrapped startups will want to open an account with a very big cheque and little else (from the bank's point of view), and likely will fall foul of Anti Money Laundering policies.
Boring stacks are nice for low features. I find the advanced tools works for things with a lot of edge cases.

To use an analogy, you can use PHP to build the Empire State Building, just not some of the other sexy glass skyscrapers. React is great for things like Twitter and FB which want to feel lively. PHP works perfect for things that are well, "semi-duplex".
Why? Do class based components avoid some downsides?
> Depositors in banks aren't expected to do due diligence on the financial statements of the bank they're depositing in. Have you read the 10-K filings of your bank in detail?

If you have less than the insured amount you are not expected to do anything.

If you have significantly more than the insured amount you should do your homework and manage your risk. Anyone who was alive during the 2008 crisis should be aware of the problem.
Crypto=Bad is 99.9% of what you need to know!
> It’s not like they were going to sit on them for the whole term anyway

Really? Most of the reporting has described them as having a crisis in part because lots of treasuries that they had classified as "held to maturity" needed to be reclassified as "available to sell" which required marking them to market.
> Do you frequently encounter issues which are caused by the Fortran portion of Numpy's source code?

No practical issues at all. The problem is not the pip install numpy that only happens once, but the import numpy that must appear on every single one of your programs. I interpret it as a permanent reminder that numerical computation is not natively supported in the language, and that we will always be foreigners in there.
The 65B model only needs just over 32GB of VRAM to run. It does not need system RAM to run/use if you use pre-quantized weights which you can find many places already.

No need to quantize yourself (besides it takes almost a day to do 4bit GPTQ quantization on 3xA6000).
Alright fair enough.

Definitely a cool a idea. Props.
The debacle was started by SVB, I personally find it unfair to blame mismanagement on a whistleblower.
I understand why it’s worded that way in this specific article. But it’s still unfortunate to call it an escape hatch.

This term is typically used for ways of breaking the rules of a framework. With useEffect you’re still very much in React world and need to follow the rules to achieve much of anything with it.

The norm would be not to use an escape hatch. But I doubt there are many React applications that aren’t using useEffect.
Just about everyone in the US who has a business bank account faces that same issue. There have been hundreds of bank failures before this. SVB account holders are not unique and probably won't get special treatment.
While I saw first hand what happened in 2008 and afterwards I said “fuck it” and let my three underwater properties that were combined worth a quarter million less than I owed go and did “strategic defaults”, I can’t imagine running a business and having my funds spread across enough banks to meet the $250K protected amount and still try to run payroll and meet all of my other obligations.
The purest form of function programming cannot have side effects. But to do anything useful you need them.

So like many other functional programming langs/libs/frameworks react had a controlled means to run side effects.

That’s the escape hatch of useEffect. It’s not a bad thing. It’s thematically same as the unsafe block in Rust. It allows you to reach out of the main paradigm, when required.
The review mentioned at the end is brutal but highly entertaining: https://www.rockpapershotgun.com/lemnis-gate-review
A collective storytelling experiment with AI + computational design.

Culture Club is a forum and a tool where LLMs and humans coexist to explore situated knowledges in an examination of real and hypothetical scenarios.

The purpose: to explore the feelings, values and beliefs encoded in LLMs.
Now I wonder what is the intersection of those asking for this petition and the ones that organised this bank run... As things might not be so bad if it wasn't organised...
My parent wasn't talking about shuffling money around, they were talking about reading the bank's balance sheet.

$1k gets you several hours of an accountant's time to go through the bank's balance sheet and tell you if their interest rates and other perks are, in fact, too good to be true.

If you want to go the extra mile and try to move money around to keep under the limits, more power to you, but paying someone to occasionally keep an eye on your bank's balance sheet and make sure it's not going to collapse under you is totally within the capabilities of pretty much any company.
Then she'd have her bonus already! My point exactly.

And she'd be much better off than the single mothers not working there, but depending on the bank for ther salaries, even without a bonus!
VC backed founder here whose company is impacted by this.

“Nepotistic trust fund baby” I am not. My family has no money, no connections. I went to Portland State University. I had no VC connections whatsoever.

Our company was originally bootstrapped off of personal savings accumulated by working and living way below our means. No friends or family invested or gave us loans. I’ve had no inheritance and expect none.

We did not see a deposit account as a risky investment in any way.
If you can, then do that. "Bank with too-big-to-fail bank" is a rational choice that you could make while doing a risk assessment.

Unfortunately, many small companies and first-time founders can't get a business account at one of the big banks. Hence: SVB. I don't think this means we should automatically bail them out, though.
This episode has taught me the random person on the street (on the left and the right) is horribly ignorant, has dirt-poor reading comprehension, and is seething with envy towards Silicon Valley.
Yeah what if we create a network of competent, business savvy investors who are familiar with technology startups? That would be a great way to prevent this type of thing from happening, because they would know about proper risk management.
Actually this would a bailout for YCombinator and VCs!

Those are the ones with all the money at stake. It’s the VCs money that is going up in smoke, and it’s their portfolios that are going to take a huge hit when all their bets go poof at once.

Let it happen.
FADE IN:

EXT. BIO-RESEARCH CENTER - DAY

A sleek, modern building stands in the middle of a bustling city. A sign reads "Bio-Research Center: Advancing Medicine, Advancing Life".

CUT TO:

INT. BIO-RESEARCH CENTER - LAB ROOM - DAY

Scientists in white coats and goggles hover over petri dishes, pipettes in hand. A virus is being examined in a lab. One of the scientists makes a mistake and the virus escapes, infecting everyone in the lab.

CUT TO:

EXT. CITY STREETS - DAY

People on the streets start to show symptoms of the virus - coughing, fever, and difficulty breathing. Panic sets in as the virus spreads rapidly throughout the population.

CUT TO:

INT. GOVERNMENT OFFICE - DAY

The government declares a state of emergency and orders a lockdown of the entire country. Companies are forced to shut down and people are told to stay home. The government works with the media to stop non-compliance.

CUT TO:

INT. HOSPITAL - DAY

Doctors and nurses are working tirelessly to try and find a cure. They come up with a chemical serum that they believe will cure the virus. However, it is untested.

CUT TO:

EXT. CITY STREETS - DAY

The government forces people to take the serum, causing outrage and protests. Meanwhile, those who refuse are left without work or support.

CUT TO:

INT. GOVERNMENT OFFICE - DAY

To combat inflation caused by the economic instability, the government dramatically increases interest rates. This eases inflation, but perpetuates instability.

CUT TO:

EXT. CITY STREETS - DAY

Cities are on fire and populations are walking out of the cities and into the countryside, seeking a better life.

FADE OUT:

THE END.
Pretty much anyone on the internet can make an account here.

Surely you don’t expect everyone to agree with what everyone else has said just because it’s on the same site!
> That 250,000 number hasnt changed in nearly a 100 years. Maybe it isn't what we should be going off of?

For what it's worth, it used to be $100K and was increased to $250K in 2008.

Here's a timeline:

https://en.wikipedia.org/wiki/Federal_Deposit_Insurance_Corp...
It might not be dang's fault.

Many users have the ability to flag, it takes more than one flag to flag a post but not much more than one flag.

Back in 2010 the HN community leaned libertopian but it has a large Jacobin contingent and that post could have gotten a few flags from people who think it is self-serving claptrap.
You are in the top 1% and you are asking for a government bailout.

Everyone knows that amounts over $250K were not insured. These are not "innocent depositors".

A lot of my portfolio companies are affected, but I will not lobby for a government bailout on their behalf.

It's not the right thing to do.

I 100% agree with you on lobbying for an expedient process, but if these companies have to take a haircut, they have to take a haircut. The strong will survive (and learn a lesson about risk management).
The insurance is there to prevent run on retail banks by the general public.

It is expected that you manage your risks if you have significantly more than the insured amount.
There is no certainty over the amount of dividend the FDIC will pay out. IMO this weekend is a critical time: if the FDIC/Government act quickly and provide hard numbers, it will both stabilize the depositors and prevent panic from rippling through the ecosystem. I feel like the urgency and fear mongering is quite justified considering the tiny window of opportunity present to avoid irreversible catastrophic damage to the system.
Perhaps not you personally, but certainly the organisation you're representing has had that perspective
Ask HN: More magazines like Quanta and Noema?
I find the level of writing quality in the essays and articles of these two magazines quite impressive.

What other online magazines do you read?
I heard they didn't hedge their interest rate risk. If true this sounds like a rookie mistake.
Interesting.. Reminds me of the South Korean financial blogger who was arrested for causing a dip in the stock market with his blog posts. One person, one post, can really cause major things to move.

https://www.wired.com/2009/10/mf-minerva/
Do you really think they act any differently? They're in the SEO business, which is directly parasitic. They're not going to spend money improving their software, that's a cost center, not a money maker.
SVB got pummelled by the market when it's portfolio of mortgaged backed securities declined in the face of soaring interest rates.

I'm not sure I agree that banks should even be allowed to buy mortgage backed securities. Banks earn their keep by lending money and writing mortgages and selling the mortgages to securitizers. A bank buying mortgage backed securities is like Target announcing they will no longer focus on sales of goods, but rather, returns!
If you're well-capitalized, so you can weather the bank run, and have time, you might be able to sell SVB's assets for more than their liabilities.
> Just simple go, html, css, and a bit of javascript when it's needed for a form

I mean if your tools are that simple, this is a no-brainer. The problem is when you have to scale up. Internal tools can get complicated because their user base is often highly specialized technical users. Managing reusable components, behavior, and state of a complex application is when you need something like React.
Many regulations are put into place at the behest of incumbents to keep out new competitors. This is the government corrupting the market.

Obviously this is a two way street. The campaign contributions or job offers that go to the people enacting the competition-destroying regulations can be regarded as corrupting the government (even though it's legal, because guess who makes the laws). But in either case the solution is to remove those regulations and prevent them from being enacted, thereby preventing anyone from being "compensated" for their installation or continued existence.
I mean when that limit was set 250k was a lot, but it really needs to be pegged to inflation.
The headline makes it sound like the theory was refuted, but the abstract instead makes it sound like the evidence that we have has been called into question. So it's not that anything has been disproven, it's just that we no longer trust the evidence we have.
And now it's flagged.
A lot of the tech bros currently asking for bailout have a track record for being anti-bailout, anti-handout, anti-government control, anti-money printing, anti-taxation, anti-stimulus. Absolutely no sympathy for them.
>And their post is saying that they are owed a full bailout because they participated in the bank run on the day of the bank run, and also begging for a full bailout.

Where in this post does it say that?