Reply to post: No real need for it to actually work

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

vtcodger Silver badge

No real need for it to actually work

Now they just have to make it work

Not exactly. They just have to recover their investment plus an obscene profit before folks discover that it doesn't work. If quantum computing should, unlikely as it may seem, actually have useful applications, that's a (quite likely) unexpected bonus. For reference, see penny mining stocks, and/or cryptocurrency.

Aside:

History of Blue Sky Laws

The term "blue sky law" is said to have originated in the early 1900s, gaining widespread use when a Kansas Supreme Court justice declared his desire to protect investors from speculative ventures that had "no more basis than so many feet of 'blue sky.'" https://www.investopedia.com/terms/b/blueskylaws.asp

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2021