Providing my anecdata. I've been at amazon for a few years and I have been in a few teams. In each team I would see about 10-20% of the team were not a net benefit to the team. Especially in 2022 I saw this figure grow even larger. This isn't a charity, if you're not contributing to the benefit of the company you should be let go.
Do you have data on this? Its not like other apps don't have issues. Sometimes I open netflix and it takes 30 seconds to show my profiles; that doesn't mean the app is garbage.
Bailout implies that the individual/business being made whole *should* have made decisions to prevent the situation from occurring in the first place. What responsibility did a SVB depositor have in SVB's decision to purchase billions of MBS in 2021?
Taxpayers do have an obligation to ensure that I do not view my checking account as a risky loan to the bank... It is not a positive outcome for taxpayers if they no longer view their deposits as safe. $250k is also a ridiculously low insurance amount for any company with a non-trivial number of employees.
They are blameless is my point. The depositor has zero responsibility to evaluate the bank's balance sheet. Not ensuring the depositors are made whole will risk a run on all regional banks throughout the country starting tomorrow morning. We will then see a consolidation of deposits into the top 4, too big to fail banks; hardly a progressive outcome.
The government's responsibility is to ensure the integrity of our financial banks. It isn't the responsibility of the depositor, nor are they capable, to evaluate a regional bank's (the 18th largest bank in the USA) balance sheet. The FDIC is not without blame; there should be regulation that the bank's bonds should have been marked to the market.
This is akin to blaming a patient for medical malpractice — "why didn't the patient choose a better doctor".
I agree there are a lot of poorly thought out populist arguments for not making depositors whole. I for one prefer HN to not converge into another social forum like Reddit that has a lack of critical thinking in discussions.
The VC's obligation is to their startups... Its a completely rational decision to get your money out of SVB once you know others are thinking the exact same.
Mick West is a layman; a former software engineer. Not sure why you would trust his "expertise" over one of America's top pilots. Also I strongly question West's biases. His whole schtick is saying everything is a hoax and heres why; this leads to confirmation bias when your conclusion is that it is an optical illusion from the onset of the investigation.
Ah yes you're correct. Fibonacci heap's aren't usually used in most applications of dijkstra's algorithm (such as road networks) though because trading an O(logn) heap.decrease_key operation for an O(1) heap.decrease_key operation, but getting a slower heap.delete_min operation (by a constant factor) isn't worth it.
This is because there are much fewer heap.decrease_key operations on average than Dijkstra's worst case analysis suggests. The expected number of heap.decrease_key operations is not large enough to offset the loss in average runtime for the heap.delete_min operation.