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I'll get downvoted into oblivion for this, but dozens of my old academic friends from Harvard are in on this grift. My old advisors own some of the largest ente
by alpineidyll3 4y ago
I'll get downvoted into oblivion for this, but dozens of my old academic friends from Harvard are in on this grift. My old advisors own some of the largest enterprises in this 'sector', and all all these people (in private) regard quantum computing as a money grab. At best, as a way to fund research.
And that's it! The author of this article is 100% right. Markets are fully aware though, go ahead and try to short any publicly traded QC stock. You can't. There's no shares to borrow and no liquidity on puts...TRUST ME I"M TRYING TO :P
These enterprises will continue to offer regular old data analysis dressed-up with quantum storytelling as a prestige tool. That is also the business model of many many very large companies (consulting etc). So it's possible these companies might even do fine, but not because they will have a computational advantage-- Not with these platforms.