Quantum computing stocks dropped over 40% after Nvidia CEO prediction

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Submitted ⁨⁨2⁩ ⁨weeks⁩ ago⁩ by ⁨BrikoX@lemmy.zip⁩ to ⁨technology@lemmy.zip⁩

https://www.tomshardware.com/tech-industry/quantum-computing/quantum-computing-stocks-tank-as-nvidia-ceo-jensen-huang-predicts-the-tech-wont-be-viable-for-another-20-years-stocks-fell-more-than-40-percent-for-a-total-market-value-loss-of-over-usd8-billion

Quantum computing stocks tanked by over 40% after Huang’s statement

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givesomefucks@lemmy.world ⁨2⁩ ⁨weeks⁩ ago
No shit…

And once we have that, then it’ll take another 10-20 years to get actual AI, at bets.

The only surprising part is companies are admitting it, but they couldn’t keep the hype going forever and the house of cards coming down faster could be better long term.

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