the VCs are pushing the quantum hype again. this is an FT editorial
(archive.is isn’t working for me, anyone wanna post an archive link)
note lack of citation of actual results, a ton of handwaving about big companies, repeated “could,” and the earliest date postulated is 2033
many of the important requirements for a VC bubble party
the tech press has been loaded with this shit, just a fuckin flood of it, all this nonspecific and glossing over the lack of mere existing tech in the present day
note that this has nothing to do with actual quantum computing, this is purely how to set up the tech macguffin for a bubble party
pretty good for a thing that is real - but doesn’t exist as a technology yet or any time soon
bsky:
Tired: cloud computing
Wired: could computing
Is this real? Or an artificially engineered bubble like LLMs and the “AI” spawned by them?
absolutely fucking fake as shit, yes
Feels sus, right?
I don’t trust anymore. People. Business. Government.
Don’t trust anything. Everything is sus.
Except the bunnies. Bunnies are okay. I think…
Dogs and cats. Hampsters. Bunnies. Small mammals in general are ok.
i heard capybaras are normally the chillest of all the animals, but fucking loathe AI
I’m not sure I’d put all the cats as trustworthy…
There are always exceptions.
All econimic bubbles are artificially engineered. Housing, pets.com, beanie babies, crypto, block chain, and even gold/silver speculation have intention behind them for creating a bubble that they hope to cash in on before it pops.
This is a shot in the dark on my part, but I get the suspicion the quantum hype is gonna face direct resistance, in a similar manner to LLMs/AI.
Quantum’s supposed encryption-breaking abilities are currently a hypothetical, but hype about such abilities could prompt fears that governments/corporations would abuse quantum to supercharge currently existing mass surveillance, enabling governments to invade people’s privacy without needing a backdoor or corporate cooperation.
High energy consumption will likely prompt resistance as well - the current crop of quantum computers consume a lot of power to keep their chips within spitting distance of absolute zero, and after seeing AI corps do everything in their power to consume as much energy as possible, I can see the public expecting similar behaviour in the upcoming quantum bubble, and reacting accordingly.
https://archive.is/PDgTJ this one seems to work. “The world should prepare for the looming quantum era: New breakthroughs underscore the technology’s potential and perils”
The headline jumps into the critihype already. (which might be justified by the article, im just judging the book by the cover)
it is not
It never is is it. It never is.
Does this mean LLM bubble might burst? This is VCs hedging their bets?
100% this. That report about 95% AI initiatives failing went viral last week and they’re nervous.
So what you’re telling me is that the economy will collapse without the hype bubble?
And no one do any uncertainty principle dirty on me.
good news is the economy will collapse anyway, Wall St is running a multipronged scam economy right now
