[cs702]

According the OP, the quantum computers that are feasible today have no real-world use, and likely won't have any real-world uses in the near term, despite claims to the contrary by executives and salespeople. Quantum computing research, the OP asserts, is an academic pursuit, not a commercial one, but it is funded by investors who think it's the latter. The entire piece can be summarized as "Look! The emperor has no clothes!"

Quoting:

> Billions of dollars have poured into the field in recent years, culminating with the public market debuts of prominent quantum computing companies like IonQ, Rigetti and D-Wave ... These three jointly still have a market capitalisation of $3bn, but combined expected sales of about $32mn this year (and about $150mn of net losses), according to Refinitiv.

> The reality is that none of these companies — or any other quantum computing firm, for that matter — are actually earning any real money. The little revenue they generate mostly comes from consulting missions aimed at teaching other companies about "how quantum computers will help their business", as opposed to genuinely harnessing any advantages that quantum computers have over classical computers.