If that’s the case, would the time eventually be basically irrelevant with enough compute? For instance, if what’s now a data center is able to fit in the palm of your hand (comparing early computers that took up rooms to phones nowadays). So if compute is (somehow) eventually able to be incredibly well optimized or if we use something new, like how microprocessors were the next big thing, would that then be a quantum threat to 128-bit symmetric keys?
Compute has seen in the ballpark of a 5-10 orders of magnitude increase over the last 40 years in terms of instructions per second. We would need an additional 20-30 orders of magnitude increase to make it even close to achievable with brute force in a reasonable time frame. That isn’t happening with how we make computers today.
Keep here in mind that computers today have features approaching the size of a single atom, switching frequencies where the time to cross a single chip from one end to the other is becoming multiple cycles, and power densities that require us to operate at the physical limits of heat transfer for matter that exists at ambient conditions.
We can squeeze it quite a bit further, sure. But anything like 20-30 orders of magnitude is just laughable even with an infinite supply of unobtanium and fairy dust.
I've heard a lot about Shor's algorithm breaking RSA, but this article on hackernews is the first I've heard anyone discuss quantum attacks for AES. Then again, I am in quantum computing not cryptography, maybe different circles have different discussions.
None of those are remotely practical, even imagining quantum computers that become as fast (and small! and long-term coherent!) as classical computers.