In many designs not all physical qubits are interconnected - correcting for that yields quantum volume. Then, correcting for the % of qubits doing error correcting gives algorithmic qubits.
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Laser-controlled, "ion trap" quantum computers get full n x n interconnection without the heat of exponentially many wires. Further, their most recent step from ytterbium to barium ions further decreases energy adds by requiring a lower frequency regulating laser. Estimated state set-up accuracy increases from 99.5% to 99.965%, all translating to increased algorithmic qubits.
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The emerging practical test is in protein synthesis, where free-energy minimizing quantum programs are challenging ML/AI algorithms on enhanced "classical" computers.