Reply to post: Flogging a dead cat

Quantum computing startups pull in millions as VCs rush to get ahead of the game

Anonymous Coward
Anonymous Coward

Flogging a dead cat

"If quantum ever works, there could be a huge market, hence the VC interest, but the technology is years away from significant revenue"

Strip away the nonsense quantum claims, and it's a hardware accelerated noisy gradient descent that is outperformed by digital algos. Which is why analogue computers like this died out in the 1970s. So if the 'quantum part' doesn't work, its worthless.

Currently you can see it doesn't work, simply by repeatedly factoring public keys from different start points, getting multiple different contradictory results is proof it's not quantum, and certainly not going through all possible states till the result is 'measured'.

It's not just the lack of results, its also the optimization function itself. Yours has circuitry limits the digital one doesn't have. That's a tough sell, and the detail isn't your friend.

So lets read the "Investor Presentation"

"Cautionary Notes : This presentation (“Presentation”) is for informational purposes only. This Presentation shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful"

OK, so this investor presentation, is not a presentation for investors. It's both an investor presentation AND NOT an investor presentation simultaneously, depending on whether you are an investor, or a juror, reading it.

"Massive untapped revenue opportunity expected to exceed current HPC and cloud hardware markets" .....Delivered over the cloud"

Idea for a webmonkey, take a stock optimizer like CMaes, take the optimization function in some stock language (e.g. Javascript ), rebrand it "cloud quantum" (which is as true as any of these companies quantum claims), hype it.

Yeh, I know, any programmer could simply link to Apache Math and use a stock algo locally, and get results in seconds, but that's not the point. It's not about results, its about the "glow of quantum".

You're selling your punters a "glow" they in turn can market to *their* investors/jurors.

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