> IBM’s error correction algorithm, known as a low-density parity check code, will make it possible to use 12 physical qubits per logical qubit

They have a machine with over 1000 PHYSICAL qubits today. I'm guessing this 12 physical per one logical is some sort of theoretical possibility, not something that can actually be realized.

Then you probably need a few thousand LOGICAL qubits to do anything meaningful with a QC.

There is no evidence that any of this will scale.

Every news release seems optimized for generating hype that will produce a round of funding that will enable the next news release.