There needs to be a process of competitive public testing and discovery against a clear public interest standard so that government and taxpayers’ money don’t get skinned in a lopsided contest with investors and project promoters.
Already a subscriber?Until AI burst onto the scene, the hottest thing in world tech without doubt was quantum computing. Anything that can crack encryption on messaging services on your phone is bound to be of universal interest.
Whether Psi Quantum’s photon-based technology ultimately wins the race for quantum supremacy over rival superconducting and ionics-based technologies is what Donald Rumsfeld famously called a “known unknown”. Some of the world’s largest and most sophisticated companies and venture capital investors are making opposing bets.
At the start of the process government would articulate its objectives in a public document and the fact it may be willing to consider co-investing on certain principles if it judges that pivotal to achieving those objectives. An independent panel of experts would be established to provide public advice to government on bids throughout the process.
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