Jensen Huang, co-founder and CEO of Nvidia, has been predicting a 15-30 year timeline for “very useful” quantum computers. However, Dr. Alan Baratz, CEO of D-Wave Quantum, strongly disagrees with this assessment.
At the recent CES expo in Las Vegas, Huang stated that it could take up to 15 years for quantum computers to become “very useful.” Since then, quantum computing stock prices have plummeted. The Defiance Quantum ETF, which tracks the performance of companies working on quantum computing, has seen significant declines.
Baratz believes there is a lot of misunderstanding in the quantum computing space and wants to set the record straight. As the CEO of D-Wave, he points out that his company is “commercial today,” generating revenue and having customers. However, Baratz’s statement raises questions about whether these commercialized systems are truly “very useful.”
Huang’s timeline may be premature, but it’s not entirely incorrect either. The complexity of quantum computing makes it challenging for investors to make informed decisions. Dr. Baratz has highlighted that different companies use varying approaches, such as gate-model architecture and quantum annealing.
The key takeaway is that the quantum computing space is promising but requires caution when investing. Investors should consider alternative options, like the Defiance Quantum ETF, which allows them to participate in the upside without trying to pick individual winners. As the debate surrounding Huang’s timeline continues, it’s clear that nuance and complexity are essential in understanding this rapidly evolving field.
Source: https://www.fool.com/investing/2025/01/15/company-bet-nvidia-jensen-huang-wrong-qbts