In 2018, a renowned physicist published an article, in which he said:
I believe that, appearances to the contrary, the quantum computing fervor is nearing its end. That's because a few decades is the maximum lifetime of any big bubble in technology or science. After a certain period, too many unfulfilled promises have been made, and anyone who has been following the topic starts to get annoyed by further announcements of impending breakthroughs. What's more, by that time all the tenured faculty positions in the field are already occupied. The proponents have grown older and less zealous, while the younger generation seeks something completely new and more likely to succeed.
Now is the time to be divesting yourself of any investments in quantum computing. Worse, if you have started a company or career in quantum computing, now is the time to find a more reliable industry or field of research -- one that is not built on hype and un-fulfilled promises.
Thanks for sharing!
I understand your concerns about the potential bubble in quantum computing. There has been hype surrounding the field, bur I believe recent developments suggest otherwise. Here are some examples:
-Programmable 48-qubit quantum processor:
In December 2023, researchers achieved a major milestone by creating a programmable logical quantum processor capable of encoding 48 qubits and executing hundreds of operations. This is a significant step towards scalable and practical quantum computers.
-Breakthrough in graphene measurement:
In October 2023, researchers developed a "quantum ruler" using trapped ions to measure and explore the unique properties of graphene. This opens up possibilities for next-generation materials and devices.
These are just a few of the recent breakthroughs in the field. While challenges remain, such as achieving error correction and developing commercially viable applications, the pace of progress is accelerating.
As I said the company is overpriced right now but I'll keep it on my watchlist.
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