4 ms·
"Gold rush" is a nice way to say "bubble". It's just another field with some interesting (modest) applications but where 99% of startups are likely either know
by pluma 7y ago
"Gold rush" is a nice way to say "bubble".
It's just another field with some interesting (modest) applications but where 99% of startups are likely either knowingly peddling snake-oil or are total moonshots that have no chance of succeeding.
EDIT: Just to be clear: there are likely some interesting applications and some companies pursuing them might end up making it big, but the "gold rush" very much is mostly companies trying to ride on the hype until they crash and burn predictably.
- godzillabrennus 7y agoWhen real world quantum applications are unlocked they have large commercial application. It’s too early to know if this wave of funding will get the returns it seeks but it’s still a promising sector.
- Pigo 7y agoI see universities trying to bolster interest in quantum computing by putting out open source projects to simulate programming for one. I suppose their hoping some kid will create their industry by giving them a cool idea. I genuinely cant wait to see what will come of it, but I wouldn't be surprised if they're expecting quantum snapchat or quantum youtube.
- basch 7y agothats what "gold rush" means. something useful and real, where MOST people who go after it dont get it, but a few do. the majority of people get caught in the hype and rush, and never see any profitable gold.