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  "documentTitle": "IonQ Inc. (IONQ)",
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  "authorName": "Scorpion Capital",
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  "presentationDate": "2022-05-03 00:00:00",
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  "notes": "Uses direct quotes from former employees to undermine the company's technical roadmap.",
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      "kind": "callout",
      "text": "Need thousands of qubits to do anything useful",
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      "text": "“Little toy computer” that can “perform some contrived application”; can’t scale to a useful number of qubits; difficulty is exponential",
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      "text": "Former employees indicated that IonQ has no way out of its technical predicament, and that without being able to massively scale the number of qubits, it remains “this little toy computer” that can only “perform some contrived application.”",
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      "text": "For quantum computing generally and especially trapped ion quantum computing... You’ve got this little toy computer that works; it’s got 11 qubits that can perform some contrived application... these systems are hard to develop... the difficulty of performing operations really scales exponentially.",
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      "text": "We’re talking about machines that have thousands of qubits, maybe hundreds. You would need machines that, at the minimum, close to a thousand, probably more, and that would be to start doing the simplest useful problems.",
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      "text": "“You’ve got this little toy computer that works; it’s got 11 qubits that can perform some contrived application. So, the idea is okay, now instead of 11 qubits, we just need hundreds or thousands or millions, but the reality is, yeah, these systems are hard to develop, and they’re complicated to build, but it’s not like you can just build a lot of them and then connect and then boom, you have a machine with 100,000 qubits. Every new qubit that you add to a machine, the difficulty of maintaining those fidelities, the difficulty of performing operations really scales exponentially.” — Former IonQ employee, physicist",
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      "text": "Source: Scorpion Capital consultation calls with experts",
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