Overall, we improve any AI answer - we've been integrated into AI search experiences (the most common/obvious use case), content generation use cases (eg https://capitol.ai/), but we're excited to see what else people come up with!
if this works out does there become a bottleneck in the world's ability to produce space-ready, useful things (satelites, telescopes, etc).
Its incredibly costly and complex to build things like the james webb telescope and that would be a great problem to have, but are there any measures of the demand for rocket capacity at given price points?
are there any plausible efforts out there (eg rough equivalent of an activist investor) attempting to convince universities to curb their addiction to hiring armies of administrative employees who (often) do nothing and (often) are paid several X what a phd candidate receives as a stipend
are there any meaningful ways to change the incentives to something other than raise as much money as possible to hire more administrative employees to raise as much money as possible?
(also if my premise is flawed and there are other things that contribute significantly to the burn of universities lmk)
No - if they got caught doing that it would hurt their reputation (and they'd have to do it with their personal money since VC funds aren't allowed to do such things). VC reputations are far more valuable than the money that could be made off this one trade. Additionally, if SVB was insolvent that would hurt any of their startups with cash at SVB - also detrimental to them
the sum of their incentives make it very improbable
they provide services/incentivies specifically catered to startups and their needs (eg free checking, aws credits, payment processing APIs/etc)
and not unlike aws/stripe/etc they want to be the bank for small companies that grow into huge companies. startups are a good segment to target (eg like vc) because they might also turn into a large company with much more cash and more banking needs
They took the deposits and bough "safe" bonds (eg treasuries). Which they're allowed to carry on their books at cost, even though their market price drops as interest rates rise.
But in both SVB and silvergates cases the drop in the market value of their assets coincided with an increase in withdrawals. They were forced to sell some of these bonds to fund withdrawals, requiring them to realize the market price. The accounting distorted the value of their assets to an extent, and the withdrawals laid that distortion bare
we're they specifically unsophisticated in the way they bought treasuries/other bonds? One could look at the zero risk weighting of treasuries and buy only those to satisfy capital requirements, but you'd think it would be obvious that you would end up with more exposure to interest rate risk than is prudent. Or is this truly such an improbable swing in interest rates coupled with demand for withdrawals that it is reasonable that they aren't expected to anticipate it ?
part of the point, too, is that now that there's the pressure of unemployment instead of the moving as opportunistic jump many may be willing to accept a commensurate (possibly lower) salary/tc than they had previously instead of demanding an increase