{"id":156349,"date":"2023-01-26T17:22:19","date_gmt":"2023-01-26T23:22:19","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2023\/01\/how-quantum-computing-will-transform-our-world"},"modified":"2023-01-26T17:22:19","modified_gmt":"2023-01-26T23:22:19","slug":"how-quantum-computing-will-transform-our-world","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2023\/01\/how-quantum-computing-will-transform-our-world","title":{"rendered":"How Quantum Computing Will Transform Our World"},"content":{"rendered":"

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Tech giants from Google<\/a> to Amazon<\/a> and Alibaba <\/a>\u2014not to mention nation-states vying for technological supremacy\u2014are racing to dominate this space. The global quantum-computing industry is projected to grow from $412 million in 2020 to $8.6 billion in 2027, according to an International Data Corp. analysis<\/a>.<\/p>\n

Whereas traditional computers rely on binary \u201cbits\u201d\u2014switches either on or off, denoted as 1s and 0s\u2014to process information, the \u201cqubits\u201d that underpin quantum computing are tiny subatomic particles that can exist in some percentage of both states simultaneously, rather like a coin spinning in midair. This leap from dual to multivariate processing exponentially boosts computing power. Complex problems that currently take the most powerful supercomputer several years could potentially be solved in seconds. Future quantum computers could open hitherto unfathomable frontiers in mathematics and science, helping to solve existential challenges like climate change and food security. A flurry of recent breakthroughs and government investment means we now sit on the cusp of a quantum revolution. \u201cI believe we will do more in the next five years in quantum innovation than we did in the last 30,\u201d says Gambetta.<\/p>\n

But any disrupter comes with risks, and quantum has become a national-security migraine. Its problem-solving capacity will soon render all existing cryptography obsolete, jeopardizing communications, financial transactions, and even military defenses. \u201cPeople describe quantum as a new space race,\u201d says Dan O\u2019Shea, operations manager for Inside Quantum Technology, an industry publication. In October, U.S. President Joe Biden toured IBM\u2019s quantum data center in Poughkeepsie, N.Y., calling quantum \u201cvital to our economy and equally important to our national security.\u201d In this new era of great-power competition, China and the U.S. are particularly hell-bent on conquering the technology lest they lose vital ground. \u201cThis technology is going to be the next industrial revolution,\u201d says Tony Uttley, president and COO for Quantinuum, a Colorado-based firm that offers commercial quantum applications. \u201cIt\u2019s like the beginning of the internet, or the beginning of classical computing.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Tech giants from Google to Amazon and Alibaba \u2014not to mention nation-states vying for technological supremacy\u2014are racing to dominate this space. The global quantum-computing industry is projected to grow from $412 million in 2020 to $8.6 billion in 2027, according to an International Data Corp. analysis. Whereas traditional computers rely on binary \u201cbits\u201d\u2014switches either on [\u2026]<\/p>\n","protected":false},"author":599,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[493,39,1625,45,1490,418,2229,9,1617,8,44,17],"tags":[],"class_list":["post-156349","post","type-post","status-publish","format-standard","hentry","category-climatology","category-economics","category-encryption","category-finance","category-government","category-internet","category-mathematics","category-military","category-quantum-physics","category-space","category-supercomputing","category-sustainability"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/156349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/599"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=156349"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/156349\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=156349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=156349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=156349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}