Bluesky

239 readers

270 users here now

People skeeting stuff.

Bluesky Social is a microblogging social platform being developed in conjunction with the decentralized AT Protocol. Previously invite-only, the flagship Beta app went public in February 2024. All are welcome!

founded 1 month ago

MODERATORS

TheArstaInventor

149

User asks for an explanation of why quantum computing companies are listed on the stock exchange (lemmy.world)

submitted 3 days ago by Loduz_247 to c/peoplebluesky

29 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] UnderpantsWeevil 70 points 3 days ago* (last edited 3 days ago) (1 children)

Quantum computing exists. It is simply not competitive with regular computing.

What you're effectively asked to invest in is some very early patents on components that could eventually be scaled up into industrially viable quantum computers.

Because NVIDIA dictates enormous amounts of investment capital through it's valuation, the CEO's statement effectively means fewer dollars towards improved engineering and less likelihood that patent holders will put together a viable product before those patents expire.

[–] itsnotits 4 points 3 days ago

through its* valuation