Christopher MimsMar 14, 2023

I'm feeling disagreeable so here goes:

I think the narrative that "Silicon Valley broke its own bank and it's another example of how tech is broken" is complete hokum, and exonerates the actual villains here.

Bank runs happen all the time.

They are what happen when you have insufficient bank regulation.

The bipartisan bill of 2018 that let SVB dodge good banking rules is the actual problem here.

This is not a tech issue, it's a banking one.

Show threadChristopher Mims

Another thing I'd like to add: There is a *ton* of content on Mastodon, especially, that passes for "analysis" that is just thinly-veiled partisanship / bias that gets shared and re-shared because it fits the readers' preconceived notions.

Mastodon is better than Twitter in a lot of ways.

But, like all social media, they have *a lot* in common.

Mostly: They're both echo chambers of half-baked takes.

Mar 14, 2023 at 4:10pmWeb
Show threadChuck O'Rourke:verified:Mar 14, 2023

@mimsical I just did a reassessment of my mastodon follows. I now use two clients on my iPhone for two separate accounts. On Ivory I follow a small number of Apple oriented tech people who I find share an interesting range of opinions and links. On IceCubes I follow mostly “fun" people. Ice cubes I'll look at far less frequently.

I like to be a completist on some core folks and having those two groups combined just wasn't working and the volume of “fun" people toots was overwhelming

Show threadStryder NotaviMar 15, 2023

@Chuck_ORourke @mimsical It's a pity the private note feature can't be extended to add colour coding of toots / badges to people.

Maybe integrated with the lists feature somehow.

Would be a handy way to accomplish something similar but with more granularity.

Show threadChuck O'Rourke:verified:Mar 15, 2023
@StryderNotavi @mimsical I don’t fully get the difference between notifications and mentions (I’ve Cubes calls them messages) and why I need both. Notifications seems to include favorited toots.
Show threadDavid Palk#RejoinEU 💖🇪🇺🕊🌈Mar 14, 2023
@mimsical I will keep answering these kind of toots with the following observation. Many of us have enough nous to avoid 'confirmation bias'. Please don't lump me and many others with the herd.
Show threadBen WaberMar 14, 2023
@mimsical hey, my takes are at most quarter-baked 🧐
Show threadLaurens HofMar 14, 2023
@mimsical Mastodon being an echo chamber of half-baked takes is totally right, and is even worse in a way because there are simply less true expert to counterbalance partisan hype.

By far the best takes I've seen on SVB came from Twitter. Just like Mastodon has great people with nuanced and smart takes, there are still so much more of them on Twitter currently. Way harder to find, with significantly less engagement obviously, but they are absolutely out there. Especially on finance, way less so on the fediverse
Show threadChristopher MimsMar 14, 2023
@laurenshof yeah, sigh, I'm finding this to be true lately as well. I don't visit twitter but rarely, but I rely on others who scan it to bring me good stuff you won't see here
Show threadit's B! Cavello 🐝Mar 14, 2023
@mimsical true for lots of conversations 😅
Show threadKazii The AvaliMar 15, 2023
@mimsical sadly this is true. this is why you need to look at more relutable sources. and no im not talking about cnn. im talking about the peer reviewd stuff. if your in college you may beable to get a load of docs for free and scholarly.google.com is also a good sorce for them.
Show threadYou S BluesMar 15, 2023
@mimsical I feel similarly about the Wall Street Journal.
Show threadChristopher MimsMar 15, 2023
@patmikemid wsj opinion and news are completely separate (also: yes, when it comes to that side of the paper)