Quantum computing: Is the hype a dangerous bubble game?

Quantum computing: Is the hype a dangerous bubble game?

The fascination for quantum computing made large waves in 2023. Despite the technology field still in its infancy, the shares of quantum computing companies have recorded remarkable profits. So reports Mitra> that many of these companies are smaller companies that have only achieved limited market presence so far. Nevertheless, they attract a lot of attention through spectacular reviews that are reminiscent of previous market bubbles.

The current hype about quantum computing shares is reminiscent of the bladder formation of the cryptocurrency market. As Asapdrew , some of the public quantum companies are very financially striking, while the ratings are not agreed with the real sales potential. Ionq, Rigetti and D-Wave are prominent representatives that are in the spotlight, whereby Ionq is considered an absurd outlier with a price-turnover ratio of over 5,700.

The idea that quantum computing will soon rival the dominant tech giants such as Nvidia is far exaggerated. Industry experts estimate that useful quantum computers are still 15 to 20 years away. Current reality applications, such as those in the areas of cryptography, chemistry and finance, are still largely theoretical. Google recently benefited from hype with its quantum chip "Willow", but practical usability continues to leave something.

market development and views

As the forecasts of Future Market Insights , the market for quantum computing will grow to approx. 1.196 billion, with an annual growth rate of 23.1 % to 2035. is due to the innovative strength in areas such as superconducting qubits and cloud-based quantum platforms. In North America, where IBM, Google and Microsoft are active, there are numerous national initiatives to promote quantum research.

These increasing investments come at a favorable time when companies such as IBM and Google are promoting development. However, the scalability of qubits remains a challenge. The NISQ age, which is intended for academic experiments, still has significant technical defects, and inadequate specialists in the field of quantum programming make progress more difficult.

The next decade will be crucial to demonstrate the commercial viability of quantum computers. While some analysts IonQ consider less attractive investment options, they advise you to focus on more established companies that have a better return potential.

Overall, it can be said: Quantum computing is in a fascinating but also risky phase. The market is exciting, but investors should keep the foot on the brake and follow the development with a critical eye.