Is quantum computing the new AI in terms of overhype and under deliver? Honestly curious, not trolling.
Almost 3 years old at this point, but still highly relevant:
https://scottlocklin.wordpress.com/2019/01/15/quantum-comput...
Rigetti Computing to go public
61–70 of 83 posts
Re: Rigetti Computing to go public
#62Anyone considering investing in Regetti should take a look at the company's negative reviews on glassdoor. They paint a picture of a highly disfunctional organization struggling with behind-the-curve tech driven on hubris and the ego of its founder. Some people note the irony of him being married to the famous Uber whistleblower while creating a corporate culture that's comprable to early Uber in many ways.
Rigetti investors are trying to dump this mess onto retail. Be cautious.
Re: Rigetti Computing to go public
#63Anyone considering investing in Regetti should take a look at the company's negative reviews on glassdoor. They paint a picture of a highly disfunctional organization struggling with behind-the-curve tech driven on hubris and the ego of its founder. Some people note the irony of him being married to the famous Uber whistleblower while creating a corporate culture that's comprable to early Uber in many ways. Rigetti i…
> created: 21 minutes ago
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[adds pinch of salt]
Re: Rigetti Computing to go public
#64Anyone considering investing in Regetti should take a look at the company's negative reviews on glassdoor. They paint a picture of a highly disfunctional organization struggling with behind-the-curve tech driven on hubris and the ego of its founder. Some people note the irony of him being married to the famous Uber whistleblower while creating a corporate culture that's comprable to early Uber in many ways. Rigetti i…
Yea I’ve heard horror stories from friends. CEO writing “athletic, no kids, submissive like a ** woman” in his internal job description for an executive assistant.
Re: Rigetti Computing to go public
#65> [...] a fully committed PIPE in excess of $100 million, direct investment, and $345 million of cash held in the trust account of Supernova II, assuming no redemptions.
This is an odd assumption - the median redemption rate is 73%[1]. So the total new cash into the company will likely be less than half of the quoted $458mm.
Re: Rigetti Computing to go public
#66Since this is HN, I want to point out that they use Common Lisp and are a productive contributor to the CL community with open source. Congratulations!
They're not the only QC company using Common Lisp ;-)
Re: Rigetti Computing to go public
#67Re: Rigetti Computing to go public
#68That is crazy high valuation for something that will not be useful for at least 20 more years.
You may be right, but then what should they be valued at? It's ultimately a gamble for something that's some unknown distance beyond the horizon but would, if fully realized, actually change the world.
The valuation implies that there is 1.5% probability of this company becoming BP with a market cap of 100B and bringing 10B in profits per year.
That is with a technology that currently is not working, and is not expected to work in useful scale for decades.
Re: Rigetti Computing to go public
#69I’ve heard of culture problems from a few folks and similar comments are here today. My friend who works in Quantum Computing says the joke is “I regretti joining this company”
Re: Rigetti Computing to go public
#70Earlier quoted context omitted.
They're not the only QC company using Common Lisp ;-)
Does CL lend itself uniquely to QC?
I think that a lot of physicists who are now in their 40s+ learned and used Lisp in university, and have simply found ways to keep using it since then.
For new hires, the fact is, a quantum computing codebase is daunting to learn regardless of the language. Therefore, apprenticing someone on a new language at the same time as everything else they are learning is not really the same relative burden that it would be if, say, the application was a plain boring database CRUD app in an unfamiliar language.
We definitely make excellent use of macros and DSLs and the REPL in many ways. I wish I could talk about it more, but alas.