The CIA and Jeff Bezos Bet $30 Million On Quantum Computing Company
An anonymous reader writes "The CIA's investment fund, In-Q-Tel, and Amazon founder Jeff Bezos have invested $30 million in a Canadian company that claims to build quantum computers, reports Technology Review in a detailed story on why that startup, D-Wave, appears to be attracting serious interest after years of skepticism from experts. A spokesman for In-Q-Tel says that intelligence agencies 'have many complex problems that tax classical computing architecture,' a feeling apparently strong enough to justify a bet on a radically different, and largely unproven, approach to computing."
Just a quick FYI: for those of you still assuming that D-Wave is a bunch of snake-oil salesman (like I did for a long time), take a look at this bit from Ars Technica. Basically what they've built is not a genuine quantum computer, but a sort of "quantum optimizer" that delivers speedups for some kinds of problems. Their crime might be that they just use too much marketing hyperbole, instead of being complete frauds.
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That's like me betting a nickle. Strike that. A plug nickle.
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You know, the government has absolutely no business running an investment fund, especially a "secret" one where it looks like there's no meaningful oversight. This is we the people's money, and we the people have no interest in being the angel to some sleazy fly-by-night foreign start-up who just wants to suck at Uncle Sam's ever-so-generous teat.
If I'm still developing when quantum computing becomes ubiquitous, how will programming work? Will booleans suddenly have 8 states? True, False, KindaTrue, MostlyFalse, Truthiness, TotallyBogus, WayCool, Cowabunga?
I think its rather obvious that it's not secret... since we're talking about it. I'd rather the CIA be investing in new technologies and improving society. At least they didn't spend $30 million starting a war somewhere.
No need to wait. I have a quantum computer right here in my pocket. It's called a coin. You want eight possible states? Add three more nodes. It's highly efficient for answering life's toughest questions. And if I don't like the answer I can try again.
The short answer is that the times have changed from back when government-funded applied research was a primary source of startup innovations. The reality is that small companies move faster and are more able to adjust to surprises in an agile manner than the Government. Now the tables have turned and the Government needs mechanisms to find new things because it's certainly not inventing them all in-house.
Speaking as one of the other members of the population, I have a few mixed feelings about the government using public funds for equity buys. Conversely, if that mechanism allows the USG to more rapidly gain access to novel inventions than they have and those inventions optimize the Government's performance, it's a drop in the bucket and probably saving the taxpayers a bundle.
If you find Google Earth useful, thank In-Q-Tel. When the startup that produced that technology was financed, only realtors in California had ever heard of it.
(Yes, I'm a little biased. I have been a part of some public-private partnerships that have performed well.)
Is the CIA once again hoping some expensive technology will actually allow them to finally get something right?
Sure wish Bezos would spend a nickle to make Amazon search actually work.
Is 13 out of 10000 tries good enough?
X*(Y*2/Z-1) finishing date, but managers typically misread it as X*(Y*2/2-1), which is why deadlines are always set impossibly soon. Just to clarify, X is ten years from any starting date (3650 days). Delivered Z is antecedent penalty; a reciprocal of the sum of all previous & related technologies squared 1/((q1+q2+q3...)^2). That's why it can take millions of dollars to shorten development time by mere days; the fancy equipment budget negates the penalty of the antecedent technologies. Reinventing the wheel is when a budget of under $20 results in a "yesterday" finishing time, which is a symptom of a project delivering last-age tech (stone,bronze,steel,etc.). New tools and science push the next-age, which means gradually eroding the antecedents impact. Because of how many underlying projects led to current ones this-age, there's currently a very heavy price to get anything done quickly.
Better tools and scientific knowledge need to become ubiquitous, or else the cost of pushing technology forward grows ridiculous, it's burden becomes too high and new advancement stagnates.