Banks as collateral damage in a class war
Central Bank obsession with holding down wages has consequences for fin stability
The latest blog posts to take off on Hacker News. 952 posts.
Central Bank obsession with holding down wages has consequences for fin stability
Google is forcing its bullshit generator, Gemini, on many users of Gmail without asking them, and not even offering the users a way to deactivate it.
Banks manage their liquidity through their asset composition and choice of liabilities. Badly run banks have volatile liabilities and assets.
ARLINGTON, Va.—A new cert petition before the United States Supreme Court asks the Justices to strike down an immunity recognized by a lower court for […]
Words from Mark Zuckerberg on management and remote work.
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June 2024 update: Following engagement with the authors, the decision has been made that changes to the plain language summary and abstract would not impact the scientific integrity of the content and so Cochrane is no longer seeking updates to the plain language summary and abstract of this version of the review…
We’re standing up for the digital rights of all libraries in court! On Monday at 1pm ET, the Southern District of New York will hear oral argument in Hachette v. Internet Archive, the lawsuit against our library and the longstanding library practice of controlled digital lending, brought by 4 of the world’s largest…
I grew up on a farm. My parents worked hard to grow crops and manage the farm business. My parents also found additional jobs to make ends meet. As farmers have done for millennia, my family used tools to farm. Some of those tools were tractors. Farmers now, as they have for thousands of years, rely on their ability…
There are at least two kinds of catastrophe scenarios, and both are getting more plausible
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Stephen Wolfram explores some of the science, technology and philosophy of what we can expect from AIs. From how ChatGPT works to the cycle of technology, to the concept of progress and preparing for an AI world.
In 2021, San Mateo County, California, banned people incarcerated in county jails from receiving physical mail. Instead, family and friends were required to mail their letters to Smart Communications, a private for-profit company based in Florida that would scan and destroy those letters so that...
We may be in the early stages of a banking crisis: why, what we're doing to avoid it, and what we may not get about it.
This will probably be a short one, and I know I haven't written for a while, but it has always been the case that you get what you pay for and Computers Are Bad is nothing if not affordable. Still, this is a topic on which I am moderately passionate and so I can probably stretch it to an implausible length.
Losing Signal par Ploum - Lionel Dricot.
Google has been in the spotlight for the past few weeks with reports that it has been testing removal news links from search results. The move sparked outrage from MPs, who grilled executives earlier today at Canadian Heritage committee. But now it appears Google has company: the Globe and Mail reports that Facebook…
When did Silicon Valley Bank insiders begin to realize they were potentially in trouble?
Nearly 40,000 of all depositors at Silicon Valley Bank were small businesses. If swift action isn’t taken, over 100,000 people could soon lose their jobs.
A fun fact about startups, if you've never worked for one, is that employees don't typically get equity in the company.
It’s the classic librarian’s dilemma: Because no library has unlimited storage, every library has to carefully manage its physical collection, and that means removing books to make space for new ones. On one hand, it’s exciting to bring in fresh voices, new stories and modern research, but on the other, a library’s…
Trying to make the case for permanent irrevocable digital identities, which unfortunately today, by de-facto, are email addresses.
Important Update (March 10): On deeper reflection, I probably don’t need to spend emotional energy refuting people like Chomsky, who believe that Large Language Models are just a laughable fa…
Where should the formal methods community move?
We use Notion for the bulk of our knowledge management at CodePen. I have no use for an AI that can write for me.