gerad

I have synthetic shorts [1] and collar shirts [2] that aren’t, and don’t look like, sports clothes. They are great, you can wash them in the shower at night and have them (mostly) dry by morning.

1: https://www.billabong.com/crossfire-mid-submersible-shorts-1...

2: https://www.target.com/p/men-39-s-jersey-polo-shirt-all-in-m...

First time I've seen something like this discussed so honestly. I suspect it won't be the last time. Hopefully to the benefit of consumers.

Yeah school starts between 7 and 9am, but we still have the problem on the other side in the US, schools end between 1:30 and 4pm (at least here in CA). Figuring out after care is an exercise left to the reader.

It’s completely ridiculous, especially considering how sane many (most?) countries in the rest of the world have it.

I’ve been reading Harari’s “Sapiens: A Brief History of Humankind” recently. The book makes the point that the history of Homo Sapiens coincides with mass extinction - humankind has been disrupting and destroying habitats since it rapidly expanded out of Africa 300k years ago. Even before the agricultural revolution.

It happens time and again throughout various geographies and histories, Homo Sapiens arrive somewhere and then a ton of species go extinct. Abstract ideas evolve faster than genes, and the evolution of the ability to process such ideas allowed our species to jump to the top of the food chain too fast for the typical checks and balances in nature to take place.

I think the best we can probably do is to continue to invest in education, science and technology. If people (particularly women) are educated and empowered enough, then it seems to drive down birth rates. Science and technology because if we can drive the costs of fixing these issues low enough, then we might be one day be able to “undo” some of the tragedies that we’ll have caused along the way.

Round two of banks getting hammered. It’s going to be a bumpy ride.

I just spent a week in Aalsmeer, which is a 40 minute bike ride from Amsterdam (or a 40 minute drive). Since it doesn’t have a train station it was inconvenient to get anywhere without a car. That said, if you are near a train station, pretty much all the major cities are within 30ish minutes of one another.

That said, I think it’s more a function of the Netherlands being a small, flat and dense country than having great public transit. You could probably bike between most major cities in less than 90 minutes.

And sometimes it’s like walking in an oven.

Maybe it’s about rent control and low income housing requirements around building?

What LLMs can’t do, but would be exceedingly useful, is have taste… For example, tell me what comments in HN are good, or websites are worth reading.

What’s Google’s moat? Mind share and being dramatically better than the competition is indeed a moat. Trust me mind share is incredibly hard to gain in this day and age.

Beware that there’s also a ton of bias when something is analyzed internally. As Upton Sinclair once said “It is difficult to get a man to understand something, when his salary depends on his not understanding it.”

In the case of this analysis - it sounds great but it’s wrong. OpenAI has a huge moat. It has captured the mind share of the world. The software it has shipped is dramatically better than anything anyone else has shipped (the difference between useless and useful). We’ll see if folks catch up, but the race is currently OpenAI’s to lose.

Your property tax is tied to the property value at purchase rather than reassessed over time. This, coupled with the enormous growth of CA property prices over the last 70 years, results in existing land owners paying way less taxes than their neighbors. Like 10x less tax is not uncommon.

This creates a ton of really perverse incentives - but an overwhelming one to buy and hold rather than sell or move. So it limits California housing stock.

Go to another country where you don’t speak the language and try to communicate. You’ll do it with gestures, body language, facial expressions, grunts, tones - not words. I’m guessing that’s a lot closer to how animals communicate than spoken language.

And it was put at the front of the boat because that was downwind of everything else on a wind powered boat.

Because there’s no guarantee rates will stay at 4.75% for 10 years. Getting 4.75% for 1 year and then 0% for the next 9 years is objectively far worse than getting 3.5% for 10 years.

It’s bad business to tie up that much capital in an asset, so you borrow to buy it. Banks are the folks who loan you the money to do so. Works great when the asset price goes up, and/or the rent from leasing out the space can cover the mortgage payments. It isn’t looking so great when asset prices are depressed and buildings are empty (like they are now).

I think what OP means is that the tokenization is throwing away encoded information.

That is 11 should be two tokens representing 1 and 10. That way the relationship can be more easily learned.

Otherwise it needs to memorize the relationship between every pair of numbers. Which is exponentially more difficult.

Feature request: it might be nice to see a one sentence summary of why it matters on the front page - assuming that the results are valuable.

How do they keep $1.08 for every $1 deposited? Do they have some sort of magic money printing machine? Or do I deposit a dollar and only get ~$0.92 in my account? If the latter, that seems like a pretty bad deal.

Or do the obvious: move them into management. This sounds snarky, but I'm not being sarcastic. Part of management is making people feel happy and supported, and you don't need the same level of competence in management that you do in IC work (or rather you need a different set of competencies, which they may have).

> it may be the only tool the Fed has

Traditionally, raising taxes or cutting government spending was another way to limit the money supply - and hence curb inflation.

The Fed is doing the best it can using monetary policy because the federal government is too fractured to have a cogent fiscal policy response. But fiscal tools probably would be useful to have in this environment.

We’ll see what happens when the now higher interest rate debt payments that we’re using to fund federal spending come due. Consumers aren’t the only ones that have gotten used to easy credit and cheap borrowing over the last 20 years.

A tool that makes programmers 10x more efficient does not make programmers less valuable.

In other news: the sky is blue and water is wet.

When you start a startup, especially a venture-funded one, you really only want to be innovative in one area: your core offering. It doesn't make sense to spend an innovation token on your bank. So you go with something tried and true, that's done it a million times before with a million other startups. That was SVB.

Going with something else has potential downsides that you may not even be aware of (as the OP describes).

All that said, the fact that AI is catching up to 2 year olds is pretty impressive. Human's brains surpass dog's at about that age. It shows we're getting close to the realm of "human."

Oxide is able to do this because they are founded by folks who have (well-deservedly) an incredible brand and following. For example, I've had a few interactions with Bryan Cantrill over the years, and he's come off as super smart, down to earth, empathetic and fun. It's a good combination.

They're a cool tech company doing cool tech stuff, so folks want to work there and are willing to make salary tradeoffs to make it happen.

It’s because technological progress happens on an s-curve. Things take longer than you expect in the short-term and less time than you’d expect in the long-term.

It gets repeated over and over again because if SVB money is locked up for weeks/months while they unwind positions startups won’t be able to make payroll.

I just don’t understand why folks on the internet are so passionate about the depositors being hit by this. In terms of avoiding moral hazard they are about as far down the list as possible, and bankruptcy law supports that.

First stock holders get wiped out (common then preferred), then debt holders (folks who have lent money to SVB won’t get their money back), only then would it hit depositors - and in the case of a traditional bank it usually wouldn’t hit them hard since most funds are FDIC insured.

I can imagine being incensed about stockholders and debt holders being made whole, if that were to happen - since then people would learn the wrong lesson here. But nobody think that’s going to happen.

If depositors aren’t protected, then it’s going to have a lot of downstream impacts (people won’t make payroll, and employees who have no responsibility won’t get paid). And again, it’s not like folks who chose were gambling with a shady bank to get high interest rates, in many ways SVB was considered the least risky and most conservative bank to use as a startup. At least that’s why we chose it.