(ENG)Quantum Computing: Tech's Longest-Running Hoax?

Quantum computing has captured the interest of scientists and technologists for decades, promising groundbreaking solutions to complex problems.

 

But is this innovative technology delivering results as impressive as we imagine?

 

Today, we explore the current state of quantum computing, the exaggerated claims, and its limitations.

 

In this regard,

I introduce the program titled "Quantum Computing: Tech's Longest-Running Hoax" from Wall Street Millennial in November  2024.

Reference: Youtube channel "Wall Street Millennial"

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1. Current State and Limitations of Quantum Computing (00:01-00:34, 16:23-20:46):

Despite decades of research and significant funding, quantum computing has yet to deliver practical results. There has been no major breakthrough, and current technology is only capable of limited tasks like generating random numbers.

 

2. Qubits and Technical Challenges (01:04-03:56, 13:30-14:26):

Quantum computers use qubits, which can exist in a superposition state, simultaneously being 0 and 1. However, qubits are extremely sensitive to environmental noise, leading to issues such as decoherence, making scaling very difficult.

 

3. Practical Significance of Quantum Supremacy (05:22-06:24):

In 2019, Google claimed to achieve quantum supremacy, but the task demonstrated was limited and lacked practical value. IBM countered this claim, arguing that quantum supremacy does not equate to real computational utility.

 

4. Potential Use Cases and Uncertainty (08:46-11:34): Quantum computers are theoretically capable of tasks such as breaking RSA encryption and simulating chemical reactions. However, current technology is far from achieving these goals. Governments are already developing quantum-resistant encryption, and the practical utility of quantum computers remains uncertain.

 

5. Industry Exaggerations and Investment Environment (17:49-20:46): Quantum computing companies often exaggerate their capabilities to attract funding, and media and investors tend to support these claims. Governments fund research to maintain competitiveness, but the actual results have been minimal, suggesting that the technology may be overhyped.

 

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Quantum computing is undeniably fascinating, and its potential cannot be ignored.

 

However, its current achievements are closer to hype and expectations than to practical outcomes.

 

Whether this technology will eventually lead to the groundbreaking innovations it promises or remain one of the most exaggerated claims in tech history is a discussion that will continue.