That's the reason for HEIR like optimization and parameter selection.
It narrows the 10^3 - 10^6 penalty to 10x - 100x.
It narrows the 10^3 - 10^6 penalty to 10x - 100x.
I'm glad people fund things that are only of interest to nerds but this will never be useful.
Typical use cases are for doing biometric authentication without giving your biometric information, or sensitive queries using medical information. Apple has homomorphic encryption in image search. You can use your own photos encrypted into the cloud to search for landmarks in the image without revealing photos.
People can also coordinate and compare information without sharing sensitive data.