Now, I understand building quantum computers in research settings, even if just for the secondary theoretical and technological outcomes of learning how to build them (similar to how creating gravitational wave detectors led to a greater development of seismometers, quantum noise theory and techologies, control systems, etc.) However, I honestly can't wrap my head around the value proposition for companies to make these things. The only cases I can see is making them in order to sell to research groups who want to use them to implement quantum communication strategies and basic quantum simulations. On second thought, that might be enough, but it is a very small market.
Apart from some strange cases (usually using quantum fourier transform, such as prime number factorisation) they are not good replacements for classical computers at all.
* HHL algorithm for solving (sparse & insensitive) systems of linear equations
* Grover's search algorithm for determining black-box inputs
* Shor's algorithm for factoring primes
* Quantum fourier transforms
The above have various potential applications such as:
* Deep learning [0]
* Finance [1]
* Solving large-dimensional differential equations [2]
* Solving constraint satisfaction problems [3]
I also came across a webpage called Quantum Algorithm Zoo [4] which looks like it answers your question in much more detail.
[0] https://arxiv.org/abs/1806.11463
[1] https://www.google.com/books/edition/Quantum_Machine_Learnin...
[2] https://arxiv.org/abs/1512.05903
HHL: Here's a quote from Ewin Tang [1]: "We know that quantum computers can “efficiently solve” high-dimensional linear algebra problems; however, this assumes that we have some way to evolve a quantum system precisely according to input data, a much harder problem than the linear algebra itself."
[1] https://ewintang.com/blog/2019/01/28/an-overview-of-quantum-...
Grover's search: This is a speed-up from 2^n to 2^sqrt(n). Impressive, but there's not a lot of exp-time algorithms that people ever run. They go for heuristics instead.
Quantum fourier transforms: This is a tool, it's cool, but needs an application. I haven't seen a serious proposal for using it somewhere where a classical algorithm wouldn't do better.
That's a fair point. I guess I was interpreting OP's question as "what can we do once we have engineered quantum computers", and would categorise this "harder problem" as an engineering problem.
I'm not sure what your relation to the field is, but I have found that a lot of things that look like engineering problems from the outside, end up being theoretical and fundamental problems from within. This is often the case when I discuss quantum noise of gravitational wave detectors. I often see people say things like "I wouldn't want to be the guy who has to make these gravitational wave detectors less noisy", almost implying it's just a case of one guy sitting there turning some knobs, but in reality it's thousands of physicists coming up with entirely new theoretical frameworks, often discovering fundamental issues of quantum measurement and control theory (quantum non demolition measurements, quantum squeezing, back action evasion, etc.), or coming up with the most sensitive seismometers ever, or developing new mirror coatings, etc.
Everyone thought that Apple's cancelled wireless charger was just an engineering problem, but it turned out that it seems to be physically impossible to achieve what they wanted.
That said, perhaps in this case you are right, but it's not often obvious what is simply a matter of time and what requires whole new paradigms.
For reference I am out of my depth! My doctorate was in quantum information theory but I've been out of academia for many years now.
[A] https://www.quantamagazine.org/researchers-achieve-absurdly-...
It is indeed interesting that it's even theoretically possible to create quantum algorithms that are better than classical ones, but that doesn't mean it's practically useful. The latter is the relevant metric for bothering with "the assembly line". What you are talking about is still firmly within the realms of academia.