News for hackers. Stuff that matters.
Re:Reasons the banking crisis isn’t a repeat of 2008 by kiernanmcgowan on Friday March 24, 2023 @05:22PM (#35295742)
In the same way that you should take a software engineer's take on why a a SQL query is slow. They're probably the most knowledgeable person in the room but that doesn't always mean that they're right.
Re:Reasons the banking crisis isn’t a repeat of 2008 by ipv6ipv4 on Friday March 24, 2023 @05:37PM (#35295941)
A software engineer usually doesn't have a financial incentive to lie to you.
Re:Reasons the banking crisis isn’t a repeat of 2008 by ununoctium87 on Friday March 24, 2023 @05:41PM (#35295998)
Hey, some of us are passionate about paying rent and bills
Re:Reasons the banking crisis isn’t a repeat of 2008 by DennisP on Friday March 24, 2023 @06:07PM (#35296320)
Generally I think you'll find it easier to pay rent if you provide accurate reasons for slow sql queries.
Re:Reasons the banking crisis isn’t a repeat of 2008 by marginalia_nu on Saturday March 25, 2023 @04:31AM (#35300646)
Re:Reasons the banking crisis isn’t a repeat of 2008 by CatWChainsaw on Friday March 24, 2023 @07:52PM (#35297265)
And yet upon reading your comment I immediately thought, "They 'trust me'. Dumb fucks."
Re:Reasons the banking crisis isn’t a repeat of 2008 by earleybird on Friday March 24, 2023 @05:37PM (#35295944)
Until you find the devs take on why the SQL query is slow is a hallucination in the LLM sense.
Re:Reasons the banking crisis isn’t a repeat of 2008 by berkle4455 on Friday March 24, 2023 @05:48PM (#35296109)
Most software engineers are absolutely garbage at SQL though. Their expertise often ends at CRUD queries, if they can even achieve that without their precious ORMs.
Re:Reasons the banking crisis isn’t a repeat of 2008 by fijiaarone on Saturday March 25, 2023 @07:45AM (#35301698)
Most bankers are absolutely garbage at money management and the only people that understand economics worse than most investors are economists.
Re:Reasons the banking crisis isn’t a repeat of 2008 by dalbasal on Friday March 24, 2023 @05:51PM (#35296138)
"A software engineer's take on why an SQL query is slow." isn't the correct analogy, IMO. First, this isn't a banker, it's a bank. A banking crisis isn't the equivalent of a script either.

Should you trust meta about monopolism in the social media space, data ownership, child safety, the effects of new media on professional journalism, etc. etc. Big political questions intertwined with his companies' interests.

In any case, both in the hypothetical fb case and the real chase case: (1) you should listen, because they're in a position to have knowledge and insight. (2) You should also be extremely skeptical, and assume that they are making statements in pursuit of their interests.

That said, the content of this particular article is quite worth listening to. It's not really about the what. It's about the why.

Re:Reasons the banking crisis isn’t a repeat of 2008 by klodolph on Friday March 24, 2023 @06:07PM (#35296318)
I wonder how many HN conversations would be cut short if we simply accepted that analogies are imperfect yet useful. They provide a very limited amount of insight into any topic—so yes, let’s use them, and let’s stop arguing about whether an analogy is the “right analogy”. A analogy will have some element of truth that transfers from one situation to another, and in a good analogy, it will be easy for readers to discover that element of truth.

You’ll find ways in which the analogy is “wrong”, but that’s just noise.

Re:Reasons the banking crisis isn’t a repeat of 2008 by dalbasal on Friday March 24, 2023 @06:46PM (#35296705)
IDK... I do see you point, but I'd like to think both I and the commenter I responded to were using analogies in an ok way.

Analogies are a pretty good rhetorical device, IMO because we kind of think in abstract analogies anyway. We could have both made our points without analogy, but I don't think much content is lost.

His point is that Bankers are the professionals. This is true. I "complicated" the analogy/comment to highlight the tension between "bankers are knowledgeable professionals" and "bankers are an interested party."

In any case, I feel that analogies are ok. The problem with my comment might have been an overly combative or nitpicky tone, especially given that we probably agree of most of it.

Re:Reasons the banking crisis isn’t a repeat of 2008 by bcrosby95 on Friday March 24, 2023 @08:21PM (#35297549)
Analogies are like children. If its your own they're a brilliant, cute, funny, unique individual. If they're other people's they're loud, annoying, stinky little pests and oh god they're swarming you.
Re:Reasons the banking crisis isn’t a repeat of 2008 by dalbasal on Saturday March 25, 2023 @05:12AM (#35300884)
Actually they're more like teenagers.
Re:Reasons the banking crisis isn’t a repeat of 2008 by dotancohen on Sunday March 26, 2023 @03:43AM (#35312063)
I wonder how many HN conversations would be cut short if we simply accepted that analogies are imperfect yet useful.
Re:Reasons the banking crisis isn’t a repeat of 2008 by dalbasal on Sunday March 26, 2023 @05:30AM (#35312644)
I chuckled, but let's not. I apologize.
Re:Reasons the banking crisis isn’t a repeat of 2008 by coffeebeqn on Friday March 24, 2023 @08:47PM (#35297797)
Analogies are good as long as they’re good. If they’re not good they just leave people more confused / argumentative
Re:Reasons the banking crisis isn’t a repeat of 2008 by fijiaarone on Saturday March 25, 2023 @07:43AM (#35301682)
Most people can’t understand analogies. They are literally literal.
Re:Reasons the banking crisis isn’t a repeat of 2008 by nostrademons on Friday March 24, 2023 @06:02PM (#35296262)
It's more like a manager's take on whether they need more headcount or an engineer's opinion on how long a project is going to take. They are the most informed person in the room - however, they also have an incentive to present a certain story.
Re:Reasons the banking crisis isn’t a repeat of 2008 by hammock on Friday March 24, 2023 @06:10PM (#35296347)
More like, in the same way that Burisma should take Hunter Biden’s advisement on the oil and gas industry.

You put your money with the bank, but only out of necessity, and usually it works out, and they have you by the balls the whole time