White House earmarks over $1B for quantum technology research

Re:White House earmarks over $1B for quantum technology rese... by hangonhn on Friday July 13, 2018 @03:31PM (#17525963)

That number sounds really, really outlandish. China, officially at least, spent about $130 billion on their defense in that same year. I highly doubt they would spend that much on some research project which will bear fruit in the distant future. Even if they are willing to spend that much money, where would they even spend that much money?

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Re:White House earmarks over $1B for quantum technology rese... by Veedrac on Friday July 13, 2018 @03:55PM (#17526150)

It probably comes, directly or indirectly, from WSJ, who now have

> Corrections & Amplifications:

> Funding for basic research in China, including quantum research, was $10.1 billion in 2015. An earlier version of this article incorrectly said it was $101 billion. (8/20)

https://www.wsj.com/articles/chinas-latest-leap-forward-isnt...

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Re:White House earmarks over $1B for quantum technology rese... by soneca on Friday July 13, 2018 @03:40PM (#17526029)

Maybe they spent $101 billion up to 2015, i.e. it is the total sum of money spent for the last two decades. $5 billion a year for the last 20 years sounds too high still though (but feasible)

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