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140 Following
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level 10 tiefling truenamer
security, devops, hugops
Githubhttps://github.com/rswanson
The real message of Jurassic Park is that you get the Unix and IT support you pay for. Also, Jurassic Park is a cautionary tale about how you compensate your IT staff.
TikTok is predicting technology is going to fail because ā€œno one’s reviewing the codeā€ as if the internet hasn’t been held together with bubblegum and duct tape since 1983.
$TSLA crashing because the company is on autopilot is the most fitting end to 2022 possible

I think this is a pretty good take on the state of the market right now in terms of folks having this irrational faith in the fed to save them from the markets going down.

https://www.bloomberg.com/news/articles/2022-12-22/stock-market-misery-isn-t-the-federal-reserve-s-top-priority

That said I'm still a bit dumbfounded at how many people still believe that there is some quick "pivot" coming with these rate hikes. The fed has made it clear what their mission is: lowering inflation back to acceptable levels; and that means they need to hold rates high until inflation falls. As of the last CPI print we sit at 7.1%. This means that we have a ways to go and rates are not coming down in any appreciable way for a while.

This is the reality of holding rates near 0 for so long and unfortunately, this reality means we still have a lot of pain to come.

The Federal Reserve Doesn’t Care About Your Misery

Maybe you’ve noticed, but supporting stock and bond markets is definitely not the central bank’s top priority.

Bloomberg

Mango Markets exploiter arrested despite claiming all his actions were legal

December 27, 2022
https://web3isgoinggreat.com/?id=mango-markets-exploiter-arrested-despite-claiming-all-his-actions-were-legal

Mango Markets exploiter arrested despite claiming all his actions were legal

In October, an exploiter was able to manipulate collateral prices to extract tokens from the Mango Markets defi project, ultimately resulting in a $116 million loss for the project. The exploiter then tried to create a governance proposal in which he would agree to return some of the stolen funds in exchange for an agreement that the protocol would not try to freeze the tokens or pursue criminal charges.It quickly became apparent that a man named Avraham Eisenberg was behind the exploit. In screenshots leaked from a conversation in a private Discord channel shortly before the attack, Eisenberg talked about the exploit he had planned. "I'm investigating a platform that could maybe lead to a 9 figure payday. Should I do it?" he wrote. When someone replied, "unles[s] it is highly illegal", Eisenberg responded: "Are there rules these days?" When someone suggested responsibly disclosing the vulnerability to the protocol, Eisenberg refused, saying the bug bounty was likely to be too small.Eisenberg later owned up to the attack, tweeting a thread in which he wrote that he "was involved with a team that operated a highly profitable trading strategy last week. I believe all of our actions were legal open market actions, using the protocol as designed, even if the development team did not fully anticipate all the consequences of setting parameters the way they are."The feds apparently disagreed with his evaluation, and arrested Eisenberg in Puerto Rico on December 26. He is charged with commodities fraud and commodities manipulation.

Web3 is Going Just Great
The bit about a lawyer being stopped from entering a music hall in the US because its facial recognition system picked up that she's part of a law company that's suing them is even crazier than I thought.

The law company isn't suing the music hall - it's suing a restaurant, in another state, which is owned by the hall's parent company MSG Entertainment. MSG gone ahead and harvested photos of all the lawyers in the firm and fed it to an image recognition system to ban them from every MSG Entertainment owned location.

People always tell me that if you've got nothing to hide then you've got nothing to fear. She's got nothing to hide and they still went after her.

If this doesn't start making people worried about facial recognition then there's serious trouble coming.

https://arstechnica.com/tech-policy/2022/12/facial-recognition-flags-girl-scout-mom-as-security-risk-at-rockettes-show/
MSG defends using facial recognition to kick lawyer out of Rockettes show

MSG Entertainment began using facial recognition at venues in 2018.

Ars Technica
Teaching others technical skills is highly rewarding but highly challenging. When you're trying to teach someone the high level concepts you need to be aware of both the depth of your own knowledge as well as all of the implicit things the student may not yet know.
Guess SBF found a couple million in his couch cushions for bail sometime after he said publicly he only had like less than 100k to his name

George Hotz is an experienced coder / "lone wolf" type of hacker who joined Twitter to "fix search" in 12 weeks. 4 weeks later, he's thrown in the towel, with nothing of real impact shipped.

To me, this shows the difference between software engineering - aka working with complexity - and how "just" being good at coding is not what is needed at a place like Twitter, to succeed.

And yet, New Twitter has incentives set to only reward coding, not software engineering.

It looks like SBF might be locked up for a long time if these two are cooperating as witnesses
https://www.nytimes.com/2022/12/21/technology/ftx-fraud-guilty-pleas.html
Caroline Ellison and FTX Co-Founder Gary Wang Plead Guilty to Fraud

Caroline Ellison, the former chief executive of Alameda Research, and Gary Wang, a founder of FTX, are cooperating in the federal criminal case against Mr. Bankman-Fried.