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venantius's comments

venantius | 10 months ago | on: Migrating to Postgres

I am not an expert, but I have worked somewhere MariaDB/MySQL was being used at scale.

My preference today for Postgres comes down to the fact that its query planner is much easier to understand and interface with, whereas MySQL/Maria would be fine 29/30 times but would then absolutely fuck you with an awful query plan that you needed a lot of experience with to anticipate.

venantius | 10 months ago | on: Generative AI is not replacing jobs or hurting wages at all, say economists

It is possible for all of the following to be true: 1. This study is accurate 2. We are early in a major technological shift 3. Companies have allocated massive amounts of capital to this shift that may not represent a good investment 4. Assuming that the above three will remain true going forward is a bad idea

The .com boom and bust is an apt reference point. The technological shift WAS real, and the value to be delivered ultimately WAS delivered…but not in 1999/2000.

It may be we see a massive crash in valuations but AI still ends up the dominant driver of software value over the next 5-10 years.

venantius | 1 year ago | on: Apple will now be treated like a bank

As someone who runs an actual bank, the headlines around this story are super misleading. In no meaningful way will be Apple be treated like a bank in the way that we generally expect banks to be treated.

venantius | 2 years ago | on: Griffin – A fully-regulated, API-driven bank, with Clojure

I wouldn’t say “given up” as much as “actively delegated”.

The UK has essentially made a (political) choice that rather than cover the cost of policing finance through taxes, they’ll just make the banks sort it out for them.

This is not great for some people for obvious reasons. But for everyone else it’s lower taxes. Where one falls on the political spectrum largely determines how one feels about this.

venantius | 2 years ago | on: Griffin – A fully-regulated, API-driven bank, with Clojure

There still isn’t a ton of choice in market - ClearBank is one of three other banks that actually have decent offerings. And having a good API is not enough; you need a holistic operating model that is aligned with your customer base, which is much harder to build for.

venantius | 2 years ago | on: Ask HN: Who got hired from HN?

I have had the fortune to find a job through HN and, later, to hire people who found my company through HN. So the system definitely works :)
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