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Quantum computing may someday be amazing, but at the current rate of progress, in 5 years it'll still probably be a side show. There's a small-but-reasonable ch
by jerf 7y ago
Quantum computing may someday be amazing, but at the current rate of progress, in 5 years it'll still probably be a side show. There's a small-but-reasonable chance of some sort of massive breakthrough that will make them suddenly jump in power, but I wouldn't call it a good bet from a financial perspective. (Bear in mind, for instance, that while Google may have demonstrated a 53-qubit machine, it's still deeply limited and they had to construct a problem for it to demonstrate quantum supremacy on. It isn't even an arbitrary 53-qubit machine yet.)
At the moment, I see no clear path towards monetization for these startups yet, in any time scale that makes sense for a startup. AIUI it's not like there's even a ton of algorithms that you'd want to run on a quantum computer yet that are known to be clear quantum wins. For instance, breaking encryption requires a qubit per bit of encryption, IIRC; it's not just that "quantum computers break encryption" but "4096-arbitrary-qubit computers break 4096-bit encryption". 4096-qubit machines seem a long shot on the 5-year time frame, even interpreting current progress as exponential, let alone a 4096-qubit machine that can actually run Shor's algorithm.
- turk73 7y agoFive years? I was involved in a graduate research program in quantum computing in 1996! It really hasn't gotten too far in all that time and I'm pretty happy that I didn't make that my dissertation topic because it was just not timely or possible to make decent progress on any of it back then. We're more than 20 years on and it's still dubious as hell.