Quantum computers are again falling like Jensen Huang and other executive directors of expectation from bleeding temperature: “It’s not yet good enough for practical use”

• Jensen Huang hosted a “quantum day” During GTCAnnual conference of NVIDIA developers, where experts illuminate the progression of quantum calculation. AND Nvidia The Executive Director said that quantum computers would solve problems more important than only faster food delivery and stronger budget tables. Nevertheless, the quantum -related supplies were still falling.

During the “Quantum Day” at the NVIDIA GTC conference this week, executive director Jensen Huang hosted experts in the quantum counting field in an effort to reverse the influence of the statements he made in January Stock prices in the industry.

“This is the first event in the history where the company’s executive invited all guests to explain why he was wrong,” Huang said during the introductory word.

At CES in January, Huang said the most exciting events in quantum are over a decade, which, in turn, reduced quantum-budgetary shares prices, and some shares have fallen more than 40%.

“My first reaction was, I didn’t know they were public,” Huang said. “How could a quantum computer company be public?”

For those unknown: quantum computers are triggered by the “Qubits” of atoms that can respond to complex mathematical problems significantly faster than the “classic” supercomputers, which are the most stunning with the basic laptop. Especially in November, Google has announced a willowHis quantum counting chip, the company says he solved one special puzzle in five minutes would take a traditional computer for 10 years septyl reach the same conclusion.

During the event on Thursday, Huang said the quantum is “crazy complicated” compared to a supercomputer.

“I think there is unnecessary expectation and actually honestly returns to the industry,” Huang said. “Unnecessary expectation that the quantum computer will be better in budget tables.”

Huang said that Nvidia’s approach to quantum is derived from the belief that the industry will find “new ways to solve very challenging problems, but not so that we can solve the delivery of food.”

“But there are some things that just won’t get rid of it without quantum,” Huang said.

Aware of the consequences on Wall Street after CES, Huang walked slightly during the event and similarly moderated.

President and CEO Rigetti Saddh Kulkarni told the audience that quantum computers “are not yet good enough for practical use.”

Huang interjected, saying, “Well, don’t give up yet,” and quickly moved to the next person.

Other panelists during Quantum Day have similarly tried to keep expectations within control. Rob Schelkopf, co -founder and chief scientist Quantum Circuits, told the audience that it was a false term to think that quantum calculation would solve world problems in switching the switch. He said quantum calculation is more like the handle on the radio.

“We will constantly turn the volume and now we can start to hear the music, and in the end everyone will be able to hear music,” Schoelkopf said.

The group sentiment indicates that quantum calculation is on the horizon and will eventually have a worldwide influence on the line, but it is simply not there yet. This feeling had a clear impact on investors and shares’ prices. While Nvidia increased almost 1% on Thursday, a public trade company with a quantum computer whose main managers were presented during “Quantum Day”, the shares’ prices withdrew. Companies like D-Wave, Ionq and Rigetti had significant market decay on Thursday. The D-Wave shares fell 18%to $ 8.69 per share, while Ionq and Rigetti fell by 9.3%and 9.2%.

This story is originally shown on Fortune.com

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