Correct. Shor's algorithm renders any use of RSA... pointless.
And while there are limits to the applicability of Grover's algorithm, you're correct that it effectively cuts the number of bits in any cryptosystem it applies to in half. Which, to my nonexpert eyes, looks to be most of them.
And while there are limits to the applicability of Grover's algorithm, you're correct that it effectively cuts the number of bits in any cryptosystem it applies to in half. Which, to my nonexpert eyes, looks to be most of them.