{"id":12132,"date":"2022-08-26T19:50:17","date_gmt":"2022-08-26T19:50:17","guid":{"rendered":"http:\/\/TheNextWeb=1390905"},"modified":"2022-08-26T19:50:17","modified_gmt":"2022-08-26T19:50:17","slug":"oxford-scientist-says-greedy-physicists-have-overhyped-quantum-computing","status":"publish","type":"post","link":"https:\/\/www.londonchiropracter.com\/?p=12132","title":{"rendered":"Oxford scientist says greedy physicists have overhyped quantum computing"},"content":{"rendered":"\n<p>Nikita Gourianov, a physicist at Oxford university, yesterday published <a href=\"https:\/\/www.ft.com\/content\/6d2e34ab-f9fd-4041-8a96-91802bab7765\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">a scathing article<\/a> full of wild, damning claims about the field of quantum computing and the scientists who work in it.<\/p>\n<p>According to Gourianov, the quantum computing industry has been led astray by greedy physicists who\u2019ve hyped up the tech\u2019s possibilities in order to rip off VCs and get paid private-sector salaries for doing academic research.<\/p>\n<h2>Double, double<\/h2>\n<p>Per Gourianov\u2019s article, the real problems started in the 2010s after investors started taking notice of the hype surrounding quantum physics:<\/p>\n<blockquote readability=\"16\">\n<p>As more money flowed in, the field grew, and it became progressively more tempting for scientists to oversell their results. With time, salesman-type figures, typically without any understanding of quantum physics, entered the field, taking senior positions in companies and focusing solely on generating fanfare. After a few years of this, a highly exaggerated perspective on the promise of quantum computing reached the mainstream, leading to a greed and misunderstanding taking hold and the formation of a classical bubble.<\/p>\n<\/blockquote>\n<div class=\"inarticle-wrapper neural channel-cta hs-embed-tnw\">\n<div id=\"hs-embed-tnw\" class=\"channel-cta-wrapper\" readability=\"6\">\n<div class=\"channel-cta-img\"><img decoding=\"async\" class=\"js-lazy\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2022\/07\/neural.webp\"><\/div>\n<p><noscript><img decoding=\"async\" src=\"src='https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2022\/07\/neural.webp'\"><\/noscript><\/p>\n<div class=\"channel-cta-input\" readability=\"7\">\n<h2 class=\"channel-cta-title\">Greetings, humanoids<\/h2>\n<p class=\"channel-cta-tagline\">Subscribe to our newsletter now for a weekly recap of our favorite AI stories in your inbox.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>Gourianov\u2019s entire premise seems to hinge on their assertion that \u201cdespite years of effort nobody has yet come close to building a quantum machine that is actually capable of solving practical problems.\u201d<\/p>\n<p>They illustrate their argument by pointing out that Rigetti, IonQ, and D-Wave (three popular quantum computing companies) combined have failed to turn a sufficient profit.<\/p>\n<p>According to Gourianov:<\/p>\n<blockquote readability=\"10\">\n<p>The reality is that none of these companies \u2014 or any other quantum computing firm, for that matter \u2014 are actually earning any real money. The little revenue they generate mostly comes from consulting missions aimed at teaching other companies about \u201chow quantum computers will help their business\u201d, as opposed to genuinely harnessing any advantages that quantum computers have over classical computers.<\/p>\n<\/blockquote>\n<p>Finally, Gourianov\u2019s conclusion leaves no doubt as to their feelings on the subject:<\/p>\n<blockquote readability=\"10\">\n<p>Well, when exactly the bubble will pop is difficult to say, but at some point the claims will be found out and the funding will dry up. I just hope that when the music stops and the bubble pops, the public will still listen to us physicists.<\/p>\n<\/blockquote>\n<h2>Toil and trouble<\/h2>\n<p>In the words of the great Jules Winnfield, Samuel Jackson\u2019s character from the classic film Pulp Fiction, \u201c<i>Well, allow me to retort.<\/i>\u201d<\/p>\n<p>I have but five words I\u2019d like to say to Gourianov, and they are: IBM, Google, Amazon, Microsoft, and Intel.<\/p>\n<p>I don\u2019t think we need to do a deep dive into big tech\u2019s balance sheets to explain that none of those companies are in any financial danger. Yet, each of them is developing <a href=\"https:\/\/thenextweb.com\/topic\/quantum-computers\" target=\"_blank\" rel=\"noopener noreferrer\">quantum computers<\/a>.<\/p>\n<p>It\u2019s unclear why Dr. Gourianov would leave big tech out of the argument entirely. There are dozens upon dozens of papers from <a href=\"https:\/\/thenextweb.com\/news\/google-may-have-achieved-breakthrough-time-crystals\" target=\"_blank\" rel=\"noopener noreferrer\">Google<\/a> and <a href=\"https:\/\/thenextweb.com\/news\/ibms-new-qiskit-primitives-make-easier-develop-algorithms-quantum-computers\" target=\"_blank\" rel=\"noopener noreferrer\">IBM<\/a> alone demonstrating breakthrough after breakthrough in the field.<\/p>\n<p>Gourianov\u2019s primary argument against quantum computing appears, inexplicably, to be that they won\u2019t be very useful for cracking <a href=\"https:\/\/thenextweb.com\/news\/theres-quantum-crime-spree-coming-heres-how-ibm-plans-to-save-us\" target=\"_blank\" rel=\"noopener noreferrer\">quantum-resistant encryption<\/a>. With respect, that\u2019s like saying we shouldn\u2019t develop surgical scalpels because they\u2019re practically useless against chain mail armor.<\/p>\n<p>Per Gourianov\u2019s article:<\/p>\n<blockquote readability=\"10\">\n<p>Shor\u2019s algorithm has been a godsend to the quantum industry, leading to untold amounts of funding from government security agencies all over the world. However, the commonly forgotten caveat here is that there are many alternative cryptographic schemes that are not vulnerable to quantum computers. It would be far from impossible to simply replace these vulnerable schemes with so-called \u201cquantum-secure\u201d ones.<\/p>\n<\/blockquote>\n<p>This appears to suggest that Gourianov believes at least some physicists have pulled a bait-and-switch on governments and investors by convincing everyone that we need quantum computers for security.<\/p>\n<p><span>This argument feels a bit juvenile and like a borderline conspiracy theory. Governments around the world have been working in tandem with experts from companies such as Google spinout <a href=\"https:\/\/thenextweb.com\/news\/google-sibling-sandboxaq-bursts-onto-quantum-scene-like-kool-aid-man\" target=\"_blank\" rel=\"noopener noreferrer\">SandboxAQ<\/a> and <a href=\"https:\/\/thenextweb.com\/news\/theres-quantum-crime-spree-coming-heres-how-ibm-plans-to-save-us\" target=\"_blank\" rel=\"noopener noreferrer\">IBM<\/a> for several years to <a href=\"https:\/\/www.nist.gov\/news-events\/news\/2022\/07\/nist-announces-first-four-quantum-resistant-cryptographic-algorithms\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">address the encryption issue. <\/a><\/span><\/p>\n<p><span>No serious person involved in the decision-making is going to be confused about how math works because of crappy marketing hype or a misleading headline. <\/span><\/p>\n<p><span>Gourianov\u2019s rhetoric reaches a peak as they appear to accuse physicists of manipulating the hype around quantum computing out of sheer greed:<\/span><\/p>\n<blockquote readability=\"12\">\n<p><span>Some physicists believe, in private, that there is no problem here: why not take advantage of the situation while it lasts, and take the easy money from the not-too-sophisticated investors? Earning a private-sector level salary whilst doing essentially academic research is a pretty good deal, after all.<\/span><\/p>\n<\/blockquote>\n<p><span>That\u2019s quite the accusation.&nbsp;<\/span><\/p>\n<h2>Quantum computing bubble?<\/h2>\n<p><span>On the whole, however, it feels like Gourianov\u2019s chief complaint isn\u2019t that quantum computers don\u2019t work<\/span><span>, it\u2019s that they aren\u2019t very useful. Dr. Gorianov isn\u2019t wrong. The technology is far from mature.&nbsp;<\/span><\/p>\n<p><span>But make no mistake, today\u2019s quantum computing systems do work. They just don\u2019t work well enough to replace classical computers for many useful functions&nbsp;\u2014 yet.<\/span><\/p>\n<figure class=\"post-image post-mediaBleed aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-1384552 js-lazy\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2022\/04\/ibmqrm.jpg\" alt=\"IBM's quantum roadmap, an infographic\" width=\"1640\" height=\"923\" sizes=\"(max-width: 1640px) 100vw, 1640px\" data-srcset=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2022\/04\/ibmqrm.jpg 1640w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2022\/04\/ibmqrm-280x158.jpg 280w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2022\/04\/ibmqrm-240x135.jpg 240w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2022\/04\/ibmqrm-480x270.jpg 480w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2022\/04\/ibmqrm-1536x864.jpg 1536w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2022\/04\/ibmqrm-796x448.jpg 796w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2022\/04\/ibmqrm-1592x896.jpg 1592w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2022\/04\/ibmqrm-1200x675.jpg 1200w\"><figcaption><a href=\"https:\/\/thenextweb.com\/news\/oxford-scientist-says-greedy-physicists-overhyped-quantum-computing#\" data-url=\"https:\/\/twitter.com\/intent\/tweet?url=https%3A%2F%2Feditorial.thenextweb.com%2Fneural%2F2022%2F08%2F26%2Foxford-scientist-says-greedy-physicists-overhyped-quantum-computing%2F&amp;via=thenextweb&amp;related=thenextweb&amp;text=Check out this picture on: Image: IBM\" data-title=\"Share Image: IBM on Twitter\" data-width=\"685\" data-height=\"500\" class=\"post-image-share popitup\" title=\"Share Image: IBM on Twitter\"><i class=\"icon icon--inline icon--twitter--dark\"><\/i><\/a>Image: IBM<\/figcaption><noscript><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-1384552\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2022\/04\/ibmqrm.jpg\" alt=\"IBM's quantum roadmap, an infographic\" width=\"1640\" height=\"923\" srcset=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2022\/04\/ibmqrm.jpg 1640w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2022\/04\/ibmqrm-280x158.jpg 280w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2022\/04\/ibmqrm-240x135.jpg 240w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2022\/04\/ibmqrm-480x270.jpg 480w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2022\/04\/ibmqrm-1536x864.jpg 1536w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2022\/04\/ibmqrm-796x448.jpg 796w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2022\/04\/ibmqrm-1592x896.jpg 1592w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2022\/04\/ibmqrm-1200x675.jpg 1200w\"><\/noscript><\/figure>\n<p><span>Looking at the above roadmap, keep in mind that IBM was founded in 1911. It didn\u2019t build <a href=\"https:\/\/www.ibm.com\/ibm\/history\/exhibits\/pc25\/pc25_intro.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">the IBM 5150<\/a>, the company\u2019s first PC, until 1981. <\/span><\/p>\n<p><span>Along the way, a lot of reputable scientists said <a href=\"https:\/\/www.pcworld.com\/article\/532605\/worst_tech_predictions.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">the PC market was a bubble<\/a>. The naysayers claimed it was not only pointless for consumers, but that there were just too many problems to overcome in order to make computers affordable and useful for personal use.<\/span><\/p>\n<p><span>We all know how that worked out for IBM. Do we need to even get into what Intel, Microsoft, Amazon, and Google have accomplished over the course of their ventures? They each have their own roadmaps concerning how they\u2019re approaching the STEM challenges involved in quantum computing. So does MIT, Harvard, Oxford and myriad other universities.&nbsp;<\/span><\/p>\n<p><span>I\u2019m not a big tech shill by any means, but there\u2019s a lot to be said about a fistful of companies worth somewhere around the <\/span><i>one trillion dollars<\/i><span> mark each deciding that a future-facing technology vertical is worth wagering their bankbooks on. <\/span><\/p>\n<p><span>It\u2019s beyond the scope of this article to address every non-trillion dollar company in the quantum computing field. But, having spoken to dozens of people working at <a href=\"https:\/\/thenextweb.com\/topic\/quantum-computers\" target=\"_blank\" rel=\"noopener noreferrer\">various quantum computing companies<\/a>, including the ones Gourianov mentioned, it\u2019s clear to me that nobody building quantum computers has any misconceptions about their capabilities \u2014 not even the C-suite executives. <\/span><\/p>\n<p><span>If VCs are confused and media hype is distorting the tech\u2019s possibilities, I\u2019d call that <em>par for the course<\/em>.<\/span><\/p>\n<p><span>I can\u2019t think of a single modern technology that mainstream journalism gets right all the time. And a significant portion of wealthy VCs are going to be both eager and ignorant about any given tech \u2014 shall we discuss AI or Web3 investments too?<\/span><\/p>\n<h2>The future is now<\/h2>\n<p><span>In my opinion, it would take a scientific shocker on par with discovering a viable antithesis for Newton\u2019s&nbsp;laws for the bottom to fall out of the quantum computing industry. We\u2019re not talking about a theoretical technology, we\u2019re talking about a nascent one. <\/span><\/p>\n<p><span>Quantum computers are <a href=\"https:\/\/thenextweb.com\/news\/regular-persons-guide-mind-blowing-world-hybrid-quantum-computing\" target=\"_blank\" rel=\"noopener noreferrer\">here now<\/a>. But like the IBM 5150 in 1981, they don\u2019t really do anything that regular computers of their day can\u2019t already do. <\/span><\/p>\n<p><span>Still, I\u2019d be interested in hearing what anyone who said the PC market was a bubble back in 1981 has to say about it now. <\/span><\/p>\n<p><span>I imagine we\u2019ll all see quantum computers differently in 40 years. <\/span><\/p>\n<p><span>Perhaps quantum computing is a bubble market for VCs looking for short-term ROI projects, but the technology isn\u2019t going anywhere.&nbsp;&nbsp;<\/span><\/p>\n<p><span>There\u2019s <a href=\"https:\/\/scholar.google.com\/scholar?as_ylo=2022&amp;q=quantum+computing&amp;hl=en&amp;as_sdt=0,5\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">overwhelming evidence<\/a> that today\u2019s quantum computing technology is rapidly advancing to the point where it can help us solve problems that are infeasible for classical computation.&nbsp;<\/span><\/p>\n<p>Maybe there are a bunch of greedy scientists out there peddling unwarranted optimism to VCs and entrepreneurs. But I\u2019d wager that the curious scientists and engineers who chose this field because they actually want to build quantum computers outnumber them.<\/p>\n<p> <a href=\"https:\/\/thenextweb.com\/news\/oxford-scientist-says-greedy-physicists-overhyped-quantum-computing\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nikita Gourianov, a physicist at Oxford university, yesterday published a scathing article full of wild, damning claims about the field of quantum computing and the scientists who work in it. According to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts\/12132"}],"collection":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12132"}],"version-history":[{"count":0,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts\/12132\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}