TL;DR
People are blindly investing in “quantum” companies without understanding the technology, similar to the dot-com bubble, and this hype-driven market could crash.
Story
“Quantum Mania” is what they’re calling it. Sounds like a rollercoaster, not an investment strategy. The image and comments show how folks are going gaga over anything with “quantum” in it, throwing money at companies they don’t understand. It’s like the dot-com bubble all over again, but with a “Q” at the end. Remember Pets.com? They put a sock puppet on TV and became a multi-million dollar company overnight, even though they lost money on every sale. Now, folks think quantum computing is magic, like it’ll let them play Fortnite faster or something. It’s not. Quantum computing is a very specific technology, not a cure-all. It’s like having a super-specialized tool. Great for certain jobs, but useless for others. You wouldn’t use a jackhammer to paint a wall, right? Same logic. Some think quantum computing will replace regular computers. Nope. They work differently. It’s like comparing apples and oranges. They’re both fruit, but completely different. Throwing money at every company with “quantum” in its name is like buying every fruit in the store, hoping one of them will magically turn into a chocolate bar. It won’t. This kind of blind faith leads to market crashes. Prices go up based on hype, not value, and when the hype dies, the market tanks. Remember the housing crisis? People bought houses they couldn’t afford thinking prices would keep going up forever. They didn’t. Then bam, crisis. This “quantum mania” feels the same. Lots of hype, little understanding. Be careful.
Advice
Don’t get caught up in the hype. Understand the technology before investing in quantum computing. Do your research, and don’t let FOMO (Fear Of Missing Out) empty your wallet.
Source
https://www.reddit.com/r/wallstreetbets/comments/1i36q5k/quantum_mania/