skysight-inc/HackerNews huggingface dataset:
"This is a temporary program; banks can only tap this liquidity for about a year. In the ordinary course, bank runs don’t last for a year; they either cause an institution to fail very quickly or peter out. But the other reason this is time-bounded is to defang the moral hazard, on behalf of both banks and their customers. (Moral hazard in insurance is when the existence of insurance makes it incentive-compatible for you to be imprudent in your own risk taking, expecting someone else to bear the consequences.)"

This is likely the most important part. FED, Treasury and administration bought some time, but what happens after one year is anyone's guess.
I wouldn't consider this "hacking a non-computer system" though. Or maybe I just misunderstand the question.
And yet the same supposedly "io bound" workloads (like "parse request, fetch something from DB, return it as JSON") still have widely difference performance characteristics in some languages vs others, with 10x to 100x requests handled per second...
> You cannot guarantee everything, all the time.

Why not? What’s keeping the Fed from working with Treasury and the FDIC to provide unlimited liquidity as needed for deposits? No doubt there will be higher order consequences, but I don’t know of any operational reason why it isn’t possible so long as the current monetary regime exists at all.
You’d be right if Docker Desktop wasn’t still the first class way to get Linux containers with nice file mapping/networking/etc. on Windows and macOS.

I do not miss the days of running my own Xhyve based virtual machine and all of the pain and horrible performance that came with it.
> desktop web apps

....what?! ... World Wide Web Desktop? World Wide Web on my desktop? My desktop on the World Wide Web? There must be some confusion here. : )

If an app becomes desktop app why the heck using a browser?
Their diagrams omit that the public key used for signing is fetched by the client directly from the Google k-anonymity server.

Shouldn't the key used be either shipped with the client, or digitally signed by a shipped Google anchor & hosted by the relay? Fetching the key from Google's servers directly means that Google has a pool of IPs (and cert fetch timestamps) to help de-anonymise, and they also have the ability to serve particular clients unique public keys to deanonymise them.
Yes it should really be "pre end of WW2" (The first nuclear test was 1945).
When I started a company in Denmark, we were made very aware that we were not insured by the national depositors insurance schema and that we had no protections.

We were offered to buy insurance for e-banking theft and other types of fraud _and_ insurance for our deposits.

Is it really the case, that Americans assume to have all these sorts of insurances taken care of automatically?
Wow it’s been a long time. This post inspired me to pull my trusty rss reader out of the dustbin and add a couple of feeds. I used to have lots of feeds and it was the main source of web content but somehow that all fell away over the years.

The problem is that there is a deluge of content out there and I have less time to consume it than I did back when kottke and others started. I’ll subscribe to something and never have time to get back to it. It’s like buying books and never being able to read them (another “hobby” of mine). Maybe one day “when I retire” (if I’m lucky enough). Maybe if I had only one interest it would work but I’ve always been interested in so many things—there’s so much out there that’s fascinating! It’s a dilemma I don’t know my way out of.
>> the mask of the shoggoth

I threw a null cultural reference exception on that one. Can you please clarify?

Edit: I know the "Masks of Nyarlathotep" and what a shoggoth is; I just don't know what is the "mask of the shoggoth".

Edit 2: Really, the one thing I wanted to be able to do with a language generator has always been to get it to GM a CoC campaign for me. It's still the case that there's no chance of that. Just as an aside.
equity/bondholders are completely wiped out by this process I'm pretty sure
The recruiter emails have slowed down but they haven't stopped. The demand is still pretty high. I'm not too worried.
This is just academic gymnastics.
If market conditions dictate that a worker produces 10 dollars in value so you hire people for 9 dollars, and then the value of their production is reduced to 7 dollars you need to fire someone.
In the real world there is uncertainty in the projected value their work (if it can even be measured, and not taking into account non economic consideration). So someone can be overpaid for a while until it is discovered, at least in the way most people think about the meaning of overpaid.
And the baristas will be out of a job
Yea, people are really spoiled due to more than a decade of VC and general investing cashburn offering tons of services for free. But at the end of the day there are costs and companies will want to recoup their money.

The problem with just replacing GitHub isn't the source code hosting part. There's tons of alternatives both commercial and open source. The problem is the cost of CI infrastructure and CDN/content/release hosting.

Even moderating said CI infrastructure is a nightmare. freedesktop.org which uses a self-hosted gitlab instance recently had to shutdown CI for everything but official projects because the crypto mining bots attacked over the last few days hard and fast.
I am skeptical this has the desired outcome. Many of these chemicals have been banned in the past so the industry compensates by making new variants. There are literally hundreds of PFOS, PFOA, PFHxS, PFNA chemical variations. The laws always seem to block specific ones rather than making generalizations that would cover all future variants.
Powell and Yellen put a system in place over the weekend where all banks can borrow against their bonds at par, thereby preventing any other bank runs.

The duration problem is that banks have bonds/CDOs on their books marked-to-maturity, but when faced with outflows banks are forced to sell them at market prices (much lower because interest rates went up). This turns an illiquidity problem into an insolvency problem if a bank bought too many low interest long duration bonds.

Last week, when a bank had balance sheet consisting of bonds with a market price of $75 but valued at $100 marked-to-maturity they would get into trouble when faced with too many withdrawals. Today, they can borrow $100 from the Fed at a modest interest rate with the bond worth $75 as collateral. This fixes the bank run problem, because the bank can go to the fed to get the money they need to cover any outflows. This deal only covers quality bonds and only those bought before last week. This fix is not an invitation to start lending recklessly, it's just a stopgap measure to allow banks to lose money slowly on the bad debt they already have.

This all means Powell can continue to raise interest rates without having to worry too much about bank failures.
My favorite experience at Citi ironically was closing my checking account. I forgot why but anyway I went to the counter and they just said, 'ok'. I put in my debit card and pin to prove identity, then showed them my license as a second form of identity, then I signed on the electronic pad and received an envelope with my balance in it. Done. No, 'Why are you leaving?' and high pressure tactics - didn't even need to go to one of the desks in the back.

I'll bank again at Citi if I ever need to based solely on how easy it was to leave them.
One of the chief functions of our brains is to predict the next thing that going to happen, where it's the images we see or the words we hear. That's not very different from genML predicting the next word.
I'm sorry for any trouble I caused here. I have no affiliation with the company, but just came across this company/its post and thought "Interesting! I wonder what HN readers will think."
> why is the term "bro" instead of "hoe"?

Because the vast majority of programmers are men, hence we use men related adjectives/words. These things describe stereotypes, there is no "tech hoe" stereotype as far as I can tell

https://www.statista.com/statistics/1126823/worldwide-develo...

Same reason why in France we say "infirmieres" (feminine) to say nurse although the neutral should be "infirmiers" (masculine): because 85%+ nurses are women

> Clearly "tech bro" is misandrist.

Yet no one ever complained about it ever

American reading way to much into these gender stuff should be an Olympic sport
?!? No one is voting on anything. The OP was quoting the stats of how many users used a feature when it was put in front of them. Are you suggesting they “engineered” their users to save files on the local file system when they didn’t actually want to? To what end? What purpose would that ever serve?

Only on Hacker News would “we offered users the ability to save to disk and 65% used it” be seen as a sinister conspiracy theory.
Thx, now I get it - so the difference between the something and the gateway is that something would be an actual MQTT subscriber, while gateway is actually just a facade implementing the MQTT protocol backed by Kafka.

Sounds neat, but I suspect conforming to the MQTT specs but not actually being a 'full' broker might be easier said than done... Basically it will have to simulate MQTT behaviour while actually living by the Kafka rules.
People don't retire at 30.
About the same. Many lawyers and doctors have dark-triad tendencies, which actually aid them. I mean, the original article is about the crippling emotional toll of what many would argue is a necessary evil.

put it this way, the vast majority of people have difficulty reasoning about emotional topics; I bet psychopaths have no limitation of the sort.

my question to you would be, what if we are in an equilibrium? Perhaps just enough psychopaths exist to “GSD“, but not enough to cause too many problems…
A library for what language?
> By and large in tech people work overtime

Lol. When I was a student, I worked all sorts of shitty jobs. Here's how it looks when I compare overtime hours I worked in different places.

1. Factory work: no overtime ever. It's against the safety regulation. When the bell rings, you must go home or punitive measures will be taken against you.

3. Working as a waiter / room service: you fight for overtime because you get paid extra. Especially if you do overtime on holidays. It's hard, but is totally worth it.

2. Other shift-based work, s.a. night guards, cleaning, cab dispatcher. It usually happens if the next shift is tardy / stuck in traffic etc. It's annoying, but doesn't happen a lot.

3. Bakery. Holly hell! You have to show up at work at like five in the morning and you get two breaks during the day when you can sit down. Your day ends up around five in the afternoon, unless it's a holiday when everyone wants extra donuts / cakes / pastry, then you go home at eight in the afternoon. No pay can possibly justify this, but you work for pennies.

4. Newspaper. Every now and then you need to sit in the office an wait for the important game to finish so that you can publish the score the day after. Meh. It's fine. You spend time sipping tea and chatting to the other person staying with you.

5. As a programmer: you switch your status in Slack to WFH. Also, the amount of overtime work I ever put in as a programmer was negligible. I know people in game development work their butt off and do a lot of overtime. But that's unique to that field. The rest of the programming world just doesn't see overtime at all. Well, maybe NOC, but they aren't really programmers.

----

6. I'm not a doctor, but my wife is. Doctors work the most overtime of all professions I know. They don't even really have that as a concept as, for example, if you are a surgeon, you just keep going until the surgery is done. If it takes days, then it takes days.
This is why quantity matters. All conversations around drugs (non addictive like shrooms, LSD) don't account for quantity.

It's like talking about alcohol and assuming you shoot 2 bottles of vodka in your throat.

I am happy the microdosing community is changing this somewhat.
Do you think it's reasonable to keep all the legal/political apparatus required for enforcement of copyright and IP laws just on the basis of "we need to protect the people who want to go to art school and hope that their art will be worth something one day?"

I don't.
You’re free to not use it?
What would be even better would be to completely remove the requirement to activate or deactivate the virtual environments.

If someone runs python it should look for a .venv directory in the current working directory. If it finds one, it should use the python interpreter located in that virtual environment instead of the system one. Obviously a flag can be used to disable this behavior and run the system interpreter no matter what the current directory is.

There’s an argument to be made that it should search upwards in the directory tree as well. In case the current directory is /home/user/myproject/otherdir/deeperdir/ and the .venv is in /home/user/myproject/.venv/ then the venv should still be used.

This not only saves a lot of trouble for users in the terminal, but also for various shell scripts, systemd service definitions, etc. Anyone who wants to run a Python program correctly just has to make sure they cd to the correct place first. Then they can just run python without having to know anything at all about virtualenvs.
I am not talking about the concrete realization, I am talking about the principle. You are right, LLMs are just Markov's chains on steroids, thus they cannot "reason". For reasoning you need a knowledge model, a corpus of facts, Boolean algebra and so on. Not a petabyte of words downloaded from all over the internet and crunched and sifted thru huge self-supervised transformer network.
Be careful what you optimize for. Clearly the thing you actually object to is Disney squeezing money out of things. Maybe just make that part illegal, and forget the copyright?
If you were to discover an alien spaceship laying under the ice in Antartica, for god's sake don't tell anyone and _don't dig it out_.
Ha! Ha! --that'll teach you for giving up your celebrated Swiss neutrality and confidentiality to jump on the virtue signalling bandwaggon.

"Get woke go broke" --as the Gab-loons would say.
First, the article is a great explanation of what's going on. "Maturity Transformation" explains the cause. "Trying to forestall a banking crisis" is a great discussion of the important next stage of the non-headline-grabbing solution.

Just wondering about this "desert" word, in context:

> I am very frustrated by political arguments about desert, which start with an enemies list and celebrate when the enemies suffer misfortune for their sins like using the banking system.

Anyone know what "desert" refers to?
Premium Instagram handles can go for tens of thousands of dollars on the grey market. Similar to how premium domain names can be very expensive. Thais particular situation with extortion for Instagram handles is pretty common.
It should simply be "tech person". There are female founders, too.
Unicode Roman Numerals and Screen Readers
Strangely it never seems to end for those in the 0.1%

If anything, they're doing better than ever, hoarding more profits than ever, and a share of societal wealth not seen since the times of kings
To be fair, such tests are designed with the human mind in, well, mind, and assume that various hard-to-quantify variables – ones that the tester is actually interested in – correlate with test performance. But LLMs are alien minds with very different correlations. It’s clear, of course, that ChatGPT’s language skills vastly exceed those of an average 2-year-old, and indeed surpass the skills of a considerable fraction of general adult population, but the generality of its intelligence is probably not above a human toddler.
This seems like a perfect use case for IPFS.
I wonder what GPT4 can do with this:

if cindy is alive at noon and alive at 5 pm is she alive at 3 pm?

We can't determine for certain if Cindy is alive at 3 pm based on the given information.

It is possible that Cindy was alive at noon, remained alive at 3 pm, and then was still alive at 5 pm. Alternatively, she could have been alive at noon, died sometime between noon and 5 pm, and then was no longer alive at 5 pm.

Therefore, we would need more information to determine whether Cindy was alive at 3 pm.

--------------

list the facts in this statement: if cindy is alive at noon and alive at 5 pm is she alive at 3 pm?

Fact 1: Cindy was alive at noon.
Fact 2: Cindy was alive at 5 pm.
Conclusion: It is unknown whether Cindy was alive at 3 pm.

can someone die and come back to life?
It depends on how you define "death" and "coming back to life."

In some medical situations, a person's heart may stop beating, and they may not be breathing, which can lead to a clinical death. However, with prompt medical attention, it is sometimes possible to revive the person and restore their heartbeat and breathing. In this case, one could say the person "came back to life," but it is important to note that they were not truly dead in the sense that all brain function had ceased.

On the other hand, if we define "death" as the irreversible cessation of all brain function, then it is currently not possible for someone to come back to life once they have died. While there are many stories and legends of people being brought back from the dead, there is no scientific evidence to support the idea that someone can die and then be resurrected.

in this statement: "if cindy is alive at noon and alive at 5 pm is she alive at 3 pm?" is which definition is the statement using?
The statement "if Cindy is alive at noon and alive at 5 pm, is she alive at 3 pm?" does not specify a definition of death or life.

However, the question implies that Cindy's state of being alive or dead is continuous and can change over time. Therefore, it is most likely using a clinical definition of death, where a person can be declared dead or alive based on observable criteria such as the presence or absence of a heartbeat or breathing. It is important to note that this statement is not discussing the question of irreversible cessation of all brain function, which is the criterion for biological death.

--------------

using common sense answer the following logic problem:

if cindy is alive at noon and alive at 5 pm is she alive at 3 pm?

Based on common sense, if Cindy is alive at noon and alive at 5 pm, it's reasonable to assume that she is alive at 3 pm. This is because there is no information provided that suggests she would have died or become incapacitated between those two times. It's possible that she could have experienced an event that would cause her death or incapacity during the three-hour period, but based solely on the information given in the problem, it's safe to assume that she is still alive at 3 pm.
Yeah sure, if you build a simple website/app for a mom&pop shop then yes, but the pay is equally poor and it's a race to the bottom.

Even in old cobol codebases coders are still needed to keep up with the changing environment.

The big money in SW is always made in apps and services that are scalable, and that needs constanrt engineering effort.

SW apps that aren't scalable, are a race to the bottom with low margins and low pay that has been offshored or replaced by the services of SW giants.
I was in Wall St for the end of her tenure. I admired her handling of the beginning of her time as Fed chair (not raising rates too early when Wall Street was yelling for it), but IMO she ended up folding to pressure from politicians and Silicon Valley types to keep rates low for far too long. She was very good at not listening to the market (which is arguably a bad thing - when your rate target is 0-25 bps and rates are trading at ~20 bps, maybe you should listen?) or to the traditional Wall Street types, though.
I think you're speaking to a, most likely, young developer. Having dealt with many similar sentiments, a few more years usually smooths this out. I always wonder if tech work is good for certain personalities, it's quite easy to carry on with a misanthropic communication style and still succeed
Microsoft and GM deal means your next car might talk lie gaslight and manipulate
My favourite director! Dune 1984 is his Magnus Opus.

I jest, of course.
You're in denial. That's okay, everyone is too.
I’m not going to stoop to your level and click your silly little link, as I don’t think there’s much investopedia can help me with this particular incident.

However, if you’d like to learn more about $CS and Archegos I’d recommend reading the Report put out by $CS on the topic.

Colloquially known as, “Credit Suisse Group Special Committee of the Board of Directors
Report on Archegos Capital Management”

https://www.sec.gov/Archives/edgar/data/1159510/000137036821...

It’s all about the material risks Archegos posed to Credit Suisse.

CS failed to capture a number of specific risks which were intrinsic to Archegos’ specific trading strategy. I won’t go through them all but they explicitly call out “idiosyncratic risk” due to their use of equity total return swaps, baskets of them, to hide equity positions. The risk being if the components of the basket, which were may have been billed to be diversified, all the sudden begin to move violently and in sequence, it would be a material idiosyncratic risk to $CS.

A large number of these swaps from 2021 are coming due this week and next. Including likely a large number today, March 15, which is a commonly used date for expiry of EuroDollar and Forex contracts, as well as presumably equity swaps as well?

Now, what’s in those swaps? Who knows, the CFTC announced an exemption back in 2021 allowing NO REPORTING of swaps through at least the fall of this year, which has subsequently been extended through 2025. So we shall see how the dominoes fall and only after will they let us see how they were setup.

https://www.cftc.gov/PressRoom/PressReleases/8422-21

https://www.cftc.gov/PressRoom/PressReleases/8618-22
> but you can’t blame regulators

When I read "regulators failed", I don't think of Joe Regulator phoning it in at work. If Congress creates and oversees regulations, then they are the regulators in my book. This may be what the comment you replied to meant as well.
Anyone Want an International Space Station? Slightly Used
I think most times the horror stories and complexities of DevOps from the past (which likely paved the path for convenient cloud providers) is what keeps people away from running their own servers.

That being said, I run much smaller projects and servers and have not worked at a scale that really requires heavy workloads that generates thousands of monthly bills at GCP.

So I think most devs being conditioned to start their first projects on the free-tiers of most cloud providers makes it really difficult for them to move to their own servers when they need it.
That role belongs more to Simula, without which Smalltalk would never have happened in first place.

The biggest impact was when one of the biggest Smalltalk vendors, IBM, decided to reboot their Smalltalk business into Java.
It’s about time. Other than “pip’s solving strategy is unsound” there are a handful of problems that make Python environments unreliable and this is one of the worst of them.

If eggs go away the “pip is unsound” problem will be easier to solve.
That's what the newscycle and everyone else is spinning it as. So, most likely it's just a slow moving crash that we're witnessing but it already happened.
Best thing about Hetzer is their cloud UX. Compared to the complicated and nonsense and inconsistent alternative out there ! And they actually give prices per month by default. Some cloud vendor seems to hide or make it hard to find the cost per month option !

Oh and their service is great :)
Yeah, with this model.
Show HN: FertiliZone – Revolutionizing Fertilization with Precision Zonation