| ▲ | crispyambulance 3 hours ago | |
I got some too. Obviously the principles behind quantum computing are perfectly sound. It's just those pesky engineering obstacles. One of the companies around today or in the near future will be the one who makes it work at a practical scale. It will have enormous impact, but I think it will be a slow-burn kind of thing as making effective use of quantum computers will take a long time to evolve, IMHO. Unfortunately, Google and IBM are also working on this stuff and they have deep pockets. They might do it, but even if they don't they may very well decide to acquire whoever does. These stocks (IONQ, RGTI, QBTS, XNDU) are a sort of thinking-man's LOTTO ticket which will have its numbers called anytime within the next 5 to 20 years (probably closer to 20). I think they're worthwhile to hold in affordable quantities to see what happens. It might hit big, or it might fizzle out for a variety of reasons. There will also be some hype-driven market sugar-rushes along the way that are an opportunity to rake in a modest profit. This has happened already with IONQ, RGTI and QBTS earlier this year. It will certainly happen again when the patagonia-vest people get jazzed about something. | ||