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Quantum itself is the most scummy, grift-filled industry. Every quantum company is riding the AI/semiconductor hype wave with basically zero revenue prospects or long-term application of the tech. Companies trading at 200x earnings, IONQs CEO claiming to the “next NVIDIA”/“base case is Cisco’s market cap” — just ridiculous.

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Bogus research they use for image polish is to be expected from IBM. It's pure comedy the way that Watson missed the AI hype train.

But quantum seems to have infected some more legit players. Whatever became of Majorana chips, for example? That got some high-level attention at Microsoft.

If you have enough money, you can say whatever bullshit and the pilot fish around you will clap.

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