The Quantum industry is facing a challenging investment climate which will lead to some near-term pain. Read why here.
So, is quantum winter coming? Not in this writer’s opinion. There is still a long way to go before we have QCs that can add value to computational problems and even further before consistent quantum advantage. The hill is steep and the climb is arduous, but I am confident the view will be worth the climb.
Given that some benchmarks favor optimization strategies, some favor simulation, some focus on contrived theoretical tasks and others try to reflect real-world applications, some are great at 2-qubit gates but not at larger entanglements, etc., it unfortunately does not look like a universally accepted standard is going to be agreed upon in the near-future. So instead, what if there were an annual contest like a global QC decathlon?
he power and potential of Quantum Computing, you may be wondering how to invest in this emerging opportunity.
People are using actual working Quantum Computers every day. Each of Amazon and Microsoft offer cloud access to several QC hardware systems, while players like Google, IBM, IonQ, Rigetti, Honeywell and others offer direct access to their systems via direct web-based interfaces.
I’ve covered some key aspects of Quantum Computing in prior posts and thought it would be helpful to synthesize and consolidate some of the fundamental properties of Quantum Computing to provide a bigger picture of the promise and potential of the industry
A high-level overview of various types of qubits. The good news is that many entities have created, manipulated and measured qubits and often there has been success in controlling them into superpositions and in entangling a limited but growing number of qubits at a time. For now, this is the NISQ landscape.
amount of funding being dedicated to Quantum Computing on a global basis is staggering. Governments, private companies, venture firms and academic institutions are all committing huge sums of money and resources to this field. While investment flows are no guarantee of future value, there is a broad common theme to push the development of Quantum Computers, and the equivalent of the modern “space race” is garnering growing attention in the media. Given the awesome power, potential and disruption that Quantum Computers can deliver, these trends should not be surprising.