Martin Shkreli Calls the Quantum Computing Bubble
Description
A screenshot of a tweet from the controversial financial figure Martin Shkreli (@MartinShkreli). The tweet, presented as white text on a black background, offers a cynical financial prediction. Shkreli states, 'the insane run in quantum computing is one of the best opportunities since the last great bubbles and mini bubbles:'. He then lists several past investment bubbles: 'weed stocks', '3d printing', 'autonomous driving', 'subprime', and 'dotcom'. The tweet concludes with a bold prediction: 'these stocks WILL drop 90-95%. how and when to put the trade on-- that's up to you'. This post resonates with experienced tech professionals who have witnessed numerous technology hype cycles. Shkreli's financial analysis mirrors the technical skepticism of senior engineers who understand the vast chasm between a technology's theoretical promise and its practical, profitable implementation, affirming the view that quantum computing, despite its potential, is currently in a phase of speculative overvaluation
Comments
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A quantum stock is in a superposition of being both worthless and massively overvalued until you observe its first quarterly earnings report, at which point it collapses into the 'worthless' state
Quantum stocks are in superposition: they’re both funding your Series C and bankrupting your 401(k) until the market observes a recession
Ah yes, quantum computing stocks - simultaneously worth billions and worthless until you observe your portfolio, at which point the wavefunction collapses along with your 401k. At least with the dotcom bubble we got some decent infrastructure out of it
Ah yes, quantum computing stocks - where the value exists in a superposition of 'revolutionary breakthrough' and 'vaporware' until an auditor observes the balance sheet, at which point the wave function collapses to zero. At least with the dotcom bubble, you could actually ping the servers before they went bankrupt
Quantum stocks: entangled in superposition of hype until the market measures them, collapsing 90% like a qubit in Shkreli's crosshairs
Every time the CFO asks if we’re “doing quantum,” I note our SLOs are higher than a NISQ device’s gate fidelity - and suggest buying puts until the surface code ships
Valuing NISQ startups is simple: one logical qubit needs around a million physical qubits - apply that error‑correction multiplier to revenue and the chart collapses 95%
Is there any applications of quantum computing other than breaking encryption? If not, we already have CloudFlare and Databrokers for that. Comment deleted
Dont listen to that fucking retard. He's one of dudes talking about insane opportunities since time immemorial His finance videos back in the day were good tho Comment deleted
I'm not, but also quantum researches I know ghosted me, so 🤷♂ Comment deleted
well it doesn't just lower the complexity of cryptographic algorithms, it can be applied to all sorts of problems, most of which we're not even aware of yet. Problem is that the physical side of things seems just as hard as the computational benefit it would provide. Stuff like the big conditional Z gate in oracle functions for Grover's algorithm are way too ideal, even for as few bits as 10-20. Generally the theory doesn't match up to practice but I don't know, I'm just some CS student and internet yapper Comment deleted
:) Comment deleted
I don't know much about quantum computing but it seems we're just solving one very difficult problem to be able to solve / lower the complexity of other very difficult problems Comment deleted
In 2017, Shkreli was convicted in federal court on two counts of securities fraud and one count of conspiracy. He was sentenced to seven years in prison and up to $7.4 million in fines. In the civil antitrust case, Shkreli was fined a further $64.6 million to be repaid to victims. In May 2022, he was released early from the low-security federal prison in Allenwood, Pennsylvania. He is permanently banned from serving as an officer of any publicly traded company. https://en.wikipedia.org/wiki/Martin_Shkreli Comment deleted