Mitigating the quantum hypeThe paper has a nice comparison to other technology hype.
We are in the midst of quantum hype with some excessive claims of quantum computing potential, many vendors’ and even some research organizations’ exaggerations, and a funding frenzy for very low technology readiness level startups. Governments are contributing to this hype with their large quantum initiatives and their technology sovereignty aspirations. Technology hypes are not bad per se since they create emulation, drive innovations and also contribute to attracting new talents. ...
Artificial intelligence specialists who have been through its last “winter” in the late 1980s and early 1990s keep saying that quantum computing, if not quantum technologies on a broader scale, are bound for the same fate: a drastic cut in public research spendings and innovation funding. Their assumption is based on observing quantum technology vendors and even researchers overhype, on a series of oversold and unkept promises in quantum computing and on the perceived slow improvement pace of the domain. ...
We have seen that the quantum hype has many differentiated aspects compared to past and current technology hypes, the main ones being its technology diversity and the complexity of evaluating its scientific advancements and roadmaps.
It cannot tell us whether the hype is justified, long term. It can only look at examples of hypes.
I am still not sure about the AI hype. It has never lived up to its expectations. It has had some huge successes.
It is still unknown whether quantum computers will have any utility.