I remember being at the SAT conference 2 years ago (co-located with all other formal methods conferences), and I raised my concern about the BS that was accepted as a research paper again doing some nonsense quantum stuff, and the person from Intel was like, we are almost at 100 qbits, end of the year! Pinky Promise! Of course none of that happened. They promised 1000s of qbits in just a decade 20 years ago.
Best part is that even when they have 10s of thousands of qbits they can't show me a single, actually useful, revolutionary application other than breaking RSA, which is laughable (yada-yada some optimization problems, sorry, but no, the more you dig, the more it's obvious it is nonsense). Billions of EUR into this fever dream and they got completely blind-sided by deep learning (which they _also_ under-funded until industry picked it up and made it work). It's the same idiots who demoted Katalin Kario who recently got the Nobel recently for mRNA vaccines. I sometimes really get tired of Academia.