I have no reason to doubt that IBM has some 5 qubit QCs with quantum volume of 32 online. The issue is not whether these exist (or a lot more), it is whether it can be scaled up to much larger systems with adequate error correction.
It's not just about the qubits, as it would be if devices were perfect. This is why the concept of quantum volume, more indicative of computing power, was invented.
An interesting fact there is while IBM (a big player for sure) has only claimed modest quantum volumes, claims of massively higher values, indicating much more powerful QCs have been made by IonQ:
Very long answer: .........................................................................................yes
(but only with future sufficiently powerful quantum computers).
I'm reserving judgment until quantum computers actually achieve something more than press releases in a non-sampling, non-chaos "weather prediction" type of application. I hope for the best, but right now there's just a lot of what-ifs going on. Predicting the weather planet-wide would be a much smaller application than 10^40+
.
I have seen all the "try it" cloud based stuff...but nobody has diddly idea how much of that is marketing spin and smoke and mirrors. Even if you publish the source, you don't actually know what's running. Much like Kasparov had reason to suspect Joel Benjamin helped Deep Blue, you don't know for sure until the trend line of actual achievement shows definitive progress that proves out the theory. If cloud services didn't happen to work as well as marketing execs wanted, then they will modify the parameters in a non-ethical way. Just like the Alpha Zero team did when they played Stockfish in a closed lab, then made a press release that was unwarranted until later.
So, until quantum computers publish their list of verifiable achievements of a type that cannot be done by traditional computers, it's not really anything worth getting worked up about. It's a nice concept, with great potential. Like space elevators. We can talk about them all day, but until you manufacture a material with enough tensile strength, it's just talk.