eqmvii

8 ms·

61.
by eqmvii 4y ago
Designating SVB as systemically important and freeing up taxpayer money to backstop uninsured deposits seems like a big stretch politically. I have no doubt they're examining the legal authority, but I'd be very surprised if the B
62.
by eqmvii 4y ago
It might. Have to see what else breaks and/or gets bailed out on Monday.
63.
by eqmvii 4y ago
It's a little more complicated. Nobody wants to socialize the loss for the bank's management or stockholders. They're gonna be wiped out regardless. But we socialize losses for bank depositors all the time, it's a lot le
64.
by eqmvii 4y ago
Any kind of bailout for this crash has a big optics problem, because the typically sympathetic depositors to a failed bank are in this case big risk taking startups. Two wildly different groups are in trouble with any bank failure: First, t
65.
by eqmvii 4y ago
CNBC has been reporting all morning that their deposits are evaporating too fast for a sale. I’m expecting receivership before Monday.
66.
by eqmvii 4y ago
CNBC this morning has had a few chirons implying private capitalization/sales talks have failed edit: maybe just the raise, and sales talks continue? https://www.cnbc.com/2023/03/10/silicon-valley-bank-fi
67.
by eqmvii 4y ago
CNBC (live TV) is reporting efforts to raise capital have failed and deposits are fleeing faster than talks about a sale are proceeding. Lots of reports that its online banking systems are "down" or suspended. IMO there's a v
68.
by eqmvii 4y ago
First rule of government spending: why have one when you can have two for twice the price!
69.
by eqmvii 4y ago
weren’t they yesterday?
70.
by eqmvii 4y ago
still waiting for minidiscs to make their comeback.
71.
by eqmvii 4y ago
+1 for wanting more details. You spend enough time on the internet, you notice that everyone has a sad story when they get banned or booted from a service. Sometimes the mods mess up, but often there’s more to the story.
72.
by eqmvii 4y ago
You’re getting pushback, but this resonated with me. So, so, so much of the crypto “industry” is just running scams of various sophistication. Having years of your life dedicated to that industry is signaling something!
73.
by eqmvii 4y ago
a lot of tech stocks jumped yesterday, and crypto stocks are extremely volatile.
74.
by eqmvii 4y ago
Companies are in the business of predicting the market in a quarter, a year, 5 years, etc. They got it wrong and overhired. There's ample evidence of that, and of cooling demand - now and in the future.
75.
by eqmvii 4y ago
> Five years ago, car companies were saying around the world that in five years, their cars would be 100% self driving I know Tesla has made big claims like that, but I'm not aware of any other car companies having done so?
76.
by eqmvii 4y ago
IIRC this blog's 2022-11-04 article "Is Alameda Research Insolvent?" was a part of what kicked off the events leading to FTX's collapse: https://dirtybubblemedia.substack.com/p/is-alameda-research-..
77.
by eqmvii 4y ago
Yeah, well, if you believe in free speech, this is one of many (many, many) obstacles you will have to confront in holding up that ideal!
78.
by eqmvii 4y ago
Carvana bought my car mid-pandemic without opening the trunk. That trunk definitely had a few surprises for them, or the new buyer... What a business model.
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by eqmvii 4y ago
This would be incredible... very excited for the details in the announcement coming Tuesday.
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by eqmvii 4y ago
It may not be as relevant for the youth, but it’s absolutely still relevant. A LOT of eyeballs for ad dollars are still on Facebook.
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by eqmvii 4y ago
> For JavaScript they could build in a "test that code" step right into the web page. Or such a thing will be possible with the API. This is definitely how we wind up with SkyNet...
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by eqmvii 4y ago
No, because as good as it is at boilerplate, the domain specific stuff eventually becomes extremely important. And without coding skills, that boilerplate will break or fail to get stitched together, too. I absolutely see it making some par
83.
by eqmvii 4y ago
Now we just have to automate making multiple files at once, and maybe bolt some unit testing on to feed prompts backs in…
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by eqmvii 4y ago
Playing with more combinations of usernames and services, this clearly "works" for extremely popular accounts: > write a tweet about McDonald's in the style of twitter user realDonaldTrump > "Just ate at McDonald&#
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Tell HN: ChatGPT can reply like a specific Reddit or HN user, including you
194 points by eqmvii 4y ago|145 comments
86.
by eqmvii 4y ago
Sums it up really well. I just like it here.
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by eqmvii 4y ago
I'm surprised anyone is surprised. The selling point of crypto always seemed to be the ability to elude regulation, and so they did, and so the obvious temptations were tempting... A vocal community has been calling out the blatant sca
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by eqmvii 4y ago
Also seems likely they staged a "hack" to suck out a few hundred million on the last day. Nice!
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by eqmvii 4y ago
Common at many companies. Revenue comes in and managers build their little empires, justifying it as they go.
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by eqmvii 4y ago
Have you been in touch with the SEC? Their investigation is ongoing, and it sounds like you might have info that could help them clean things up…

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