{ "docId": "019dd923-622c-750b-8b9a-1cc056790523", "docSlug": "340e94a59fc0", "documentTitle": "IonQ Inc. (IONQ)", "authorId": "58_Scorpion_Capital", "authorName": "Scorpion Capital", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "short_seller", "sourceTypeLabel": "Short seller", "presentationDate": "2022-05-03 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 98, "pageCount": 183, "prevPage": 97, "nextPage": 99, "slideType": "expose_contradiction", "function": "expose_contradiction", "density": "overcrowded", "nDataPoints": 0, "notes": "The slide uses direct quotes and expert testimony to undermine the company's technological claims.", "elementsJson": [ "paragraph", "quote_block", "footnote" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-622c-750b-8b9a-1cc056790523/98", "deckHref": "/decks/019dd923-622c-750b-8b9a-1cc056790523", "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-1cc056790523.json", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-1cc056790523#slide-98", "components": [ { "bbox": null, "kind": "callout", "text": "A quantum computing faculty member who has used IonQ’s computer via AWS described the company’s showcase algorithms as merely solving “mock problems” - “a toy problem”; “not going to solve any real-world problems.”", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd952-f5d2-7501-bd80-fecab25c980f", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.18, "w": 0.9, "x": 0.05, "y": 0.47 }, "kind": "paragraph", "text": "“Most quantum computers, if you talk with IBM, Rigetti, they can do very simple quantum algorithms. They are mock problems; for example, Quantum Fourier Transform is an algorithm similar to for Fourier Transform, where you go from frequencies into numbers, the value of the frequency. Here you can go from one phase, the phase information into a number information. It’s a toy problem. The number of qubits is your limiting factor on the kind of problems you can solve, and I’m only talking from a quantum type of algorithm because these are not going to solve any real-world problems with 11 qubits.” – Quantum computing expert; user of IonQ’s machine; quantum computing faculty member", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "3614ba98-f9c0-43c0-a546-07a6c186334e", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.25, "w": 0.9, "x": 0.05, "y": 0.08 }, "kind": "paragraph", "text": "A quantum computing faculty member who has used IonQ’s computer via AWS described the company’s showcase algorithms as merely solving “mock problems” - “a toy problem”; “not going to solve any real-world problems.” A physicist at Google working on their quantum computing effort echoed the same sentiment, describing IonQ as an “infant” technology doing demo’s on “artificial problems” that are specifically designed for “showcase” purposes, while having done nothing on problems that are “real world.”", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5fc616a6-889d-4e4e-bd10-e2414b0f5bb8", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.12, "w": 0.9, "x": 0.05, "y": 0.73 }, "kind": "paragraph", "text": "“The ones that have been demonstrative so far are artificial problems that are specifically designed to showcase the capabilities of quantum computers. Real-world problems, no one has still done anything that cannot already be done faster on the classical computer or supercomputer for that case. Always remember that technology is an infant.” – Physicist at Google working on their quantum computing effort", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b03d5032-db79-4071-b7e9-968c37f7e48b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.9, "x": 0.05, "y": 0.68 }, "kind": "quote", "text": "“Infant technology” that can only solve “artificial problems” designed to make them look good; no application for any “real world problems”", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "08b49554-6c9e-43e2-b5d5-7645a64ddfa4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.9, "x": 0.05, "y": 0.42 }, "kind": "quote", "text": "Quantum computers like IonQ’s can’t “solve any real-world problem”; can only solve “mock problems” or “a toy problem”", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "129e1ea9-4002-4cf4-82a7-945c20d9d937", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "“Most quantum computers, if you talk with IBM, Rigetti, they can do very simple quantum algorithms. They are mock problems; for example, Quantum Fourier Transform is an algorithm similar to for Fourier Transform, where you go from frequencies into numbers, the value of the frequency. Here you can go from one phase, the phase information into a number information. It’s a toy problem. The number of qubits is your limiting factor on the kind of problems you can solve, and I’m only talking from a quantum type of algorithm because these are not going to solve any real-world problems with 11 qubits.” — Quantum computing expert; user of IonQ’s machine; quantum computing faculty member. “The ones that have been demonstrative so far are artificial problems that are specifically designed to showcase the capabilities of quantum computers. Real-world problems, no one has still done anything that cannot already be done faster on the classical computer or supercomputer for that case. Always remember that technology is an infant.” — Physicist at Google working on their quantum computing effort", "attrs": null, "subkind": null, "toolName": "Authority citation", "toolSlug": "authority-citation", "confidence": null, "componentId": "019dd952-f5d2-7501-bd81-034cec3f320a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.3, "x": 0.05, "y": 0.96 }, "kind": "source-note", "text": "Source: Scorpion Capital consultation calls with experts", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ec4e1f37-3b77-49fa-a8c4-32a1415c6840", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }