These threads are always the same: lots of comments about protein folding, how amazing DeepMind is, how AlphaFold is a success story, how it has flipped an entire field on it's head, etc. The language from Google is so deceptive about what they've actually done, I think it's actually intentionally disingenuous.
At the end of the day, AlphaFold is amazing homology modeling. I love it, I think it's an awesome application of machine learning, and I use it frequently. But it's doing the same thing we've been doing for 2 decades: pattern matching sequences of proteins with unknown structure to sequences of proteins with known structure, and about 2x as well as we used to be able to.
That's extremely useful, but it's not knowledge of protein folding. It can't predict a fold de novo, it can't predict folds that haven't been seen (EDIT: this is maybe not strictly true, depending on how you slice it), it fails in a number of edge cases (remember, in biology, edge cases are everything) and again, I can't stress this enough, we have no new information on how proteins fold. We know all the information (most of at least) for a proteins final fold is in the sequence. But we don't know much about the in-between.
I like AlphaFold, it's convenient and I use it (although for anything serious or anything interacting with anything else, I still need a real structure), but I feel as though it has been intentionally and deceptively oversold. There are 3-4 other deep learning projects I think have had a much greater impact on my field.
EDIT: See below: https://news.ycombinator.com/item?id=32265662 for information on predicting new folds.
The problem with the structure prediction problem is not a loss/energy function problem, even if we had an accurate model of all the forces involved we'd still not have an accurate protein structure prediction algorithm.
Protein folding is a chaotic process (similar to the 3 body problem). There's an enormous number of interactions involved - between different amino acids, solvent and more. Numerical computation can't solve chaotic systems because floating point numbers have a finite representation, which leads to rounding errors and loss of accuracy.
Besides, Short range electro static and van der waals interactions are pretty well understood and before alphafold many algorithms (like Rosetta) were pretty successful in a lot of protein modeling tasks.
Therefore, we need a *practical* way to look at protein structure determination that is akin to AlphaFold2.