Earlier quoted context omitted.
So magic computer could be more effective with more magic memory than with more magic processing power, right?
Quantum computers exist today, they're just very low power, low gate counts, and extremely expensive. Don't discount it as magic just because of the claims. Scaling up QC would be like bringing mathematics to Mesopotamia. But it isn't "magic", it's physics.
It might not look that way because there's a lot of (relatively) mainstream investment in quantum computing. However it's pretty common for speculative physics research to be pursued for years without ever coming to fruition. Especially when there are promising early results before it's shown that scaling the work reduces to an intractable problem.