The fact this prize exists is admitting that no one has figured out a use for quantum computers. I have heard this mentioned several times in the last decade or so : "The only thing a quantum computer definitively does better than a classical computer is simulating a quantum computer." Whether this capability is useful is up in the air. Note that in practice, classical computers are going to be better at factoring nu…
Whether or not quantum computers have practical applications, the prize itself is not evidence of that.