While exciting, IBM's quantum computing initiatives must be considered in context: no practical quantum computing systems exist today. I model a market scenario...
https://newyork.citybizlist.com/article/638102/ibm-quantum-computing-does-not-equal-cash
IBM - Quantum Computing Does Not Equal CashContact Our CEO, Edwin Warfield
If any particular company should lead and ultimately benefit from the realization of a viable quantum computer, it is arguably IBM (IBM). The company’s research group has supported theoretical and practical investigation into quantum computing for decades.
Recently, IBM’s Quantum division published a new roadmap detailing their planned system developments through 2023 and beyond.
No quantum computer, capable of performing useful computations beyond the reach of classical computers, exists today (as far as is publicly known) and there is no timeframe (as far as is publicly known) as to when such a computer will be developed, or if one will ever be developed.
Accordingly, any effort to gauge the potential of IBM’s Quantum division – from an investor’s point-of-view – may strike as pointless. I noted in my first article about the division a couple years ago that “...investors...may be rewarded with a substantial new revenue stream, albeit one whose magnitude cannot be reliably forecast at this time.”
I think that statement still remains more or less true today – particularly the “reliably” part. However, some might argue, there are enough “hints” to suggest practical quantum computers could be achievable. This helps to explain the availability of quantum computing market forecasts, despite the immature state of the technology; and one that could still be considered more “hype” than reality – at least in certain contexts.