I’ve been building a tool to help with this - Safety Evals In-a-Box [https://github.com/elemeno/seibox]. It’s a work in progress and not quite ready for public release, but its a multi-model eval runner (primarily for safety oriented evals, but no reason why it can run other types as well!) and includes cost and latency in it reporting.
I had a similar problem with mine where the clock was out and preventing it from syncing or updating.
The solution i was told (and which worked for me) was to plug it into a computer for a while - I assume that some time syncing must happen in the background when it’s connected via usb.
If you’re interested in this you might like the game Bombe (https://store.steampowered.com/app/2262930/Bombe/) - a game about defining rules to let the computer solve various minesweeper (and more advanced variants) puzzles.
It’s a bit mind bending as you’re never actually solving the puzzles yourself, but creating sets of rules to solves whole classes of potential minesweeper patterns. It definitely solves that pleasurable puzzle solving itch!
“Transfer everything with few clicks” should be “Transfer everything with a few clicks”; although the former version is not grammatically incorrect it’s not how this phrase is typically used.
It's an americanism as far as I can tell - 'cider' is what would be called apple juice in the UK (or maybe just fresh pressed apple juice) and 'hard cider' is what would be called 'cider' in the UK (i.e. the alcoholic beverage).
Other than Netflix (that I know of) all the other FAANGs have big offices in London. Between them and the financial sector, there’s a fair number of very well paid tech jobs in London.
From another article on the FT it sounds like they’re talking about ballast, not that it’s taking on water. -
“ Alongside specialists dredgers that are working to remove sand and soil from around the vessel, salvage experts Smit are looking to bring in high-powered pumping equipment to remove ballast water from the front and back of the ship, BSM said.”
> Yet, in all cases, after hedging, the airline will still either win or lose depending upon the change in oil price. No certainty has been gained.
That’s not really true. You’re locking in the price that you’re going to pay - that’s the certainty. You might however not be getting the best price at that point in time. From a financial forecasting perspective it probably worthwhile trade off though as you’re fixing one of your costs for that time period and that’s useful even when sub optimal.
There's still no certainty. For an airline, your prices have to be competitive. If you've locked in an oil price, and it turns out to be a high one, then your fares will be more expensive than your competitors (assuming that they didn't hedge in the same way). So the only certainty there is failure.
In all situations, hedging and non hedging, the oil price will determine whether you win or lose. There is no magical combination of derivatives that will ensure success. In fact, for every financial product you buy, you're paying a cost due to the margin that the bank/market charged you.
Hedging might make sense for some accounting/tax situations, but that's another issue entirely.
You are free to lose money by keeping the prices competitive, or lose money by raising your prices and losing business. Either way, it's the same result.
Airlines sell tickets in advance, so hedging will allow them to match their near-future fuel prices to the ticket prices they're selling now. They consume fuel but don't produce it, so I don't think they can fully balance things out over time internally.
edit: I see this was mentioned already in the thread.
> There's still no certainty. For an airline, your prices have to be competitive. If you've locked in an oil price, and it turns out to be a high one, then your fares will be more expensive than your competitors (assuming that they didn't hedge in the same way). So the only certainty there is failure.
A huge chunk of airline tickets are sold in advance. The oil futures can literally lock in the prices for only sold airfare if you're that paranoid.
Also (probably more important), the cost of oil on a given ticket is quite low and it would take a drastic change in oil prices for it to be obvious to customers comparison shopping.
