Recent submissions

Comment · 1 day ago
For-profit colleges blossomed explicitly because people were told "college = success". In the past, college was a privilege and mostly available to wealthy families or the smartest and most ambitious kids. There was probably huge selection bias in saying this cohort had successful careers. Getting more people into college was probably a net win but diploma mills really diluted the perception of college degrees.
Comment · 1 day ago
It's a signal to voters sure but it's also a signal to AI companies and investors to hedge their bets because there's not going to be a backstop if they come crying. That's not puffery, it's forward guidance.
Comment · 1 day ago
There is really no comparison. Frozen credit markets would have dragged the global economy into depression. A crash in tech stocks will just cause investors to lose some wealth. Nobody depends on AI for core operations. Not yet at least.

Also, we did a long-term fix for a 2007-style crisis already with Dodd-Frank. Government can now invoke "orderly liquidation" before a crisis happens. When commercial banks failed a few years ago, FDIC solved it in a matter of weeks with no outlay of money from Congress.

Comment · 1 day ago
We have no idea if this is accurate or honest or if engineer did something negligent.
Comment · 1 day ago
Gold is down YoY. I prefer banks and stocks.
Comment · 2 days ago
Is that just code for "inside job"?
Comment · 2 days ago
Holding assets in USD isn't the same as paying taxes.
Comment · 3 days ago
That wasn't the campaign promise and isn't worth spending money on. Also they are deporting and detaining people who are here legally and even killing American citizens. Even if it isn't a official mission it's the inevitable side effect of funding a domestic law enforcement agency like a military and making them explicitly beholden to a political agenda.
Comment · 6 days ago
It's funny because I just read about One Electron Theory which is a fun thought experiment. But if it's true then you'd assume there's also One Positron. And we've got it. So if anyone has had a successful PET scan in the past month, maybe the theory is disproven.
Comment · 6 days ago
We know that X has absolutely chosen a side as a matter of policy. The others are probably just corrupted by money. Money coming from the same place.
Comment · 14 days ago
First power hit the grid a few weeks ago

https://spectrum.ieee.org/fervo-cape-station-geothermal

It's still small scale but it's up and running and the site has plenty more capacity that can be added on bit by bit.

Comment · 14 days ago
And we've sunk decades into small modular reactors and it hasn't born much fruit either.
Comment · 15 days ago
Having been raised watching the Dukes of Hazzard, I'm not impressed.
Comment · 15 days ago
Nice compared to the biggest flop of the century? Sure. I'd still instantly judge anyone driving this as an asshole.
Comment · 15 days ago
Grid electricity generation is more efficient than ICE. Fossil fuel extraction is a major emitter even before the fuel is burned. Decarbonising the grid is underway.

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton