What I was not taught was the archontic ass-demon Thaphabaoth.
What I was not taught was the archontic ass-demon Thaphabaoth.
Do all of us paid for bad risk management of the svb customers and the moral hazard is real, just not the default.
If I had an FDIC account I would basically want a bank that invests my money in the most wildly hazardous ways with the most reckless financial controls to give the max returns and flexibility, then let everyone else bail me out if it went south.
That’s not true. It takes the systematic risk exemption and agreement between the fdic/fed reserve board and the president to make that happen. I think it’s happened like 4 times out of the thousands of bank bailouts that have happened.
There are other cases where the acquiring bank took on uninsured funds (like jpmc did for first republic) but in that case your gamble is that the other depositors on the banks balance sheet are desireable to the acquirer. Which presumably isn’t the case for your hypothetical max risk run bank.
Plus the highest end models now don’t go so brain dead at compaction. I suspect that passing context well through compaction will be part of the next wave of model improvements.
Pic of a previous cx3 (10 gig on tb3) setup: https://habrastorage.org/r/w780/getpro/habr/upload_files/d3c...
10gig can saturate full speed, 25G in my experience rarely reaches same 20G as the author observed.
I think the Heztners and their ilk are coming along nicely and probably can support a lot of Europes cloud computing needs, but they aren’t in the same league as the hyper scalars when it comes to capabilities currently. It would be great if they got there for everyone though.
(I think the movie is wildly overrated just as a piece of storytelling; the hacker fan-service in it is just fine, they clearly got some tfile kids to consult with the script.)
The point is to make you want to hang out with those people on those days and it does that tremendously well.
If you disagree your a flake.