HN user
Trader Joe's cashier bells have entered the chat. Ironically, the "request assistance" button and accompanying blinking light on top of your stand at self-checkout are the "self-managing" version of that where you as the customer are partly an employee. oh well
I can't help but think that thee's some sort of tragedy of the commons type thing going on here. Probably the wrong metaphor. But: it seems like a lot of what the article is getting at is that we can all intuitively agree that the population of children in society being more independent is good for a healthy society (or not just intuitively I suppose, he backs it up with mental health data). Any given parent can know this. But even if you know it, can you knowingly accept doing something that causes a 1% chance of losing your child in exchange for a 99% chance that they'll grow up better off? It seems most parents can't.
In other words, it seems substantially less connected to "tools" than Gemini (even in an incognito).
So, yes, but there are random things that it can be disastrously bad at. Like math expressions (especially with units) where it will just give you some random hallucination. Where Gemini (even logged out) on the same thing is totally fine.
Awesome, looks great! Thanks for jumping into the thread here.
Just FYI OP (assuming OP is the author of the post) there's no margin on your blog. Text goes all the way to the edges.
As a related sidenote, I wonder how quickly ChatGPT replaces much of the customized tools here? ChatGPT is probably pretty proficient at being able to describe the contents of eg a screenshare, or a screenshot of a website.
Ignoring industries built on regulatory capture / credentialism gatekeeping like law and medicine [by the way, even those both have continuing education requirements], are there actually exceptions to this?
Plenty of careers just go away. Might as well pick one where you can stay relevant by picking up incremental/adjacent skills continuously.
The fact that in 2024 you can still get sub-1-hour applicable reply from the creator of one of the top web frameworks ever is everything that makes HN amazing.
yeah this is not a very good list. if you read "Made in America" (1992) it's clear that the eventual "founding" of Walmart was just a continuation in Sam's entrepreneurial journey that had been steadily gaining momentum for years already with his store management and precursor efforts
If you're talking about FTX US, and your son instructed them to sell coins, if the trade was executed he may have been credited to his USD balance. If so, these funds would be validly held in his name by Evolve Bank & Trust.
You should review: https://www.getevolved.com/important-information/
What should FTX customers know about their accounts?
Evolve understands there is confusion about the status of these accounts. Please know your funds are safe and secure. By law, Evolve is holding onto these balances until the court overseeing the FTX bankruptcy allows us to release these funds.
Evolve will work with each individual accountholder to ensure accuracy and timely return of the account balances. We urge FTX customers to contact us at support-ftx@getevolved.com for more information.
Evolve is a real bank (outlasted SVB/Silvergate/Signature/[Credit Suisse?]). I'd have to imagine their support is still overloaded, but worth an email nonetheless.
Even if so, I'd caution not to get hopes up too high, because I could imagine some sort of clawback occurring for trades that executed just before trading stopped.
Oddly enough, less than 1 day later someone has launched what purports to be a YC for real estate investing: https://twitter.com/moseskagan/status/1643228164439814144
I have no knowledge of if the individual involved is credible but in broad strokes, I do love to see it. It's exactly what btilly said. If this guy is actually so good at teaching people to make money in real estate, he should want to fund people to use his advice, not the other way around. Apparently, he does.
Part of me wanted to believe that SVB's failure wouldn't lead to real financial losses for the FDIC. That there was a weird panic bank run, and then the steady hand of a regulator was needed, but there really were enough assets.
Not saying I studied the data and concluded that; it's just what I wanted to believe.
$20b loss to FDIC insurance fund feels high. It still meets the technical definition of "no losses borne by taxpayers" but it's a lot of money. I've gotta believe it's among the largest ever if not the largest ever losses borne by the FDIC for a single bank failure.
Distressing – some combination of having been in denial about just how screwed up SVB was financially, paired with concern for what this will mean if the dominos keep falling.
I think it's more mark to market vs "par" value trickery.
SVB had plenty of assets at "par" value or held to maturity value. But it was insolvent if you marked those to market.
So FDIC is letting First-Citizens buy the assets at closer to their true market value. 20% loss.
That's my understanding but it is kind of a distressing conclusion. SVB had no enterprise value, and the outcome we're getting is financially the same for FDIC as if they just firesold the assets and did a pure winddown?
It's called "narrow banking" or full-reserve banking.
It's been tried, and was rejected by the very same regulators who now had to bail out SVB: https://www.econlib.org/why-does-the-fed-oppose-narrow-banki...
It's said that no bank (even the best-managed) can withstand a fullscale bank run. So to the extent that the US side of things created a crisis of confidence, that might have been enough to topple SVB UK, even if all of its fundamentals were OK.
The linked FT article is a quick writeup from her CBS interview.
CBS also has a transcript of the interview itself: https://www.cbsnews.com/news/janet-yellen-face-the-nation-tr...
It's also a general expression of lack of confidence in the US banking system.
Exchanges that offer true "USD" trading pairs ultimately have to store that cash [at a bank] somewhere. But at which bank? Before this week, most people probably wouldn't have paid attention.
Some like Coinbase offer passthrough FDIC insurance [1], but again, if you have more than $250k you're potentially s-o-l just like an SVB depositor.
So weirdly, 1 USDT ("definitely sketchy but somehow has never broken peg") all of a sudden may seem less risky than 1 "USD" at [which bank again?].
This happened to me as well: projects with paid dynos but free databases, databases got nuked.
How Heroku missed this is beyond me. They managed to screw over paying customers in their broad attempt to stop freeloaders.
These are good accounts with credit cards on file. Why not just autocovert me to the lowest tier paid database?
FWIW I was able to get them to restore my databases. But I also had free Heroku Redis on one my projects and that, they assured me, is gone forever.
I have to enter my password every 15 minutes that I buy something from the App Store. The change felt recent, maybe after high-profile cases of toddlers spending $$$ on in app purchases?
The fact that "I'm going to change my phone number, which is an important credential to this account" has less security than "I want to buy an app for $0.99" just goes to show you that sometimes, particular emergent properties of a system are not what any logical person would come up with deliberately.
That or someone just needs to make a big enough stink and try to get the liability shifted to Apple for negligence here on account takeovers, and they'll figure out how to change.
I guess what I'm struggling with is: if you're not saying who you are (HN account created 2 hours ago), and you're not saying what the business is, and you're not even sharing something like a Stripe account id or ticket number (some sort of identifier that might help Stripe support identify you), what exact are you hoping to get out of this post?
We all want to believe you and help out, but you're not doing us any favors.
Probably reductive but in my head Cloudlfare and Cloudfront are the only 2 "mega large" CDNs and, to your point, I've only ever heard about Fastly in the context of outages.
(self-reply) looks the API call is coming from a script in "main.ed70037a.js" which is loaded from: https://abs.twimg.com/responsive-web/client-web/main.ed70037...
From nslookup, abs.twimg.com has canonical name twimg.twitter.map.fastly.net.
Honestly pretty shocked that something at their scale could be depending on Fastly for core assets.
It doesn't seem to include any backoff, so any browser tab left open on that screen will keep tightlooping on it. Almost certainly exacerbating the problem.
What should my mental model be for "where" the code that causes those repetitive API requests is coming from? JS logic deployed to a CDN somewhere?
If so, seems it may be an interesting question of whether or not it's possible to ship a hotfix (add exponential backoff) to JS asset in time to be helpful in fighting an outage like this.
Most, but not all. The Chase Center got no public money [1].
In case this concern seemed theoretical: https://twitter.com/wizardofsoho/status/1606610665795379201
Agreed on the basic point that he won't win any more confidence games.
I think the main thing is that we haven't seen what he might do now that he knows for sure that he's (by default) headed for a lifetime in jail.
It seems that before the arrest, he was pretty delusional / "high on his own supply" and believed he was going to somehow talk his way out of trouble, as he'd ostensibly been doing for so long.
So the thought experiment now is: do we believe that there's anything nefarious that he could do now, that he'd stopped himself from doing back when he was still trying to maintain an illusion?
For example, he could have various wallet private keys (secretly?) memorized [1], and could take steps to move the funds to new wallets.
TBH the idea that his (fiat) transactions are limited to $1k is a little laughable for someone who until recently, and perhaps still, has access to billions in crypto.
I'm not an expert on formal scientific writing but is it really more normal to say "sex" rather than "gender" here? I had to read this multiple times to avoid confusion given the alternate meaning.
Did you see the beginning of my post?
I used to be against takehome evaluations (I thought companies showed the most respect to candidates by being present during the evaluation), but we've recently had a few candidates say they prefer it as they think it gives them a better chance to show their skills.
We developed this as an option based on candidate demand.
Re:
Maybe you are trying to hire folks that are not regulars here.
I knew when making this post that the HN crowd is pretty opposed to takehomes. Again, I was too. But I've been meeting more good engineers (candidates) who actively prefer the takehome format. And I'm very sympathetic to it: your daily work won't be a "quiz" with someone over your shoulder or even a bunch of whiteboarding. It will be asynchronously coding.
No. It's a reusable prompt as a skills assessment, not something we'd use as work product. We do not have candidates sign NDAs.
Aha. Thank you. Should have realized I was thinking about it backwards.