Quantum computing acceleration benefits from Intenational tensions

While the world seems escalating conflicts everywhere, one field is starting to benefit from the chaos by creating order at the particules level.

The enthusiasts consider Quantum computing progressing with “tremendous progress” in recent years, with researchers and companies around the world working on developing practical hardware.

According to a report by the World Economic Forum, more than 17 countries have already invested in national program of quantum technology research and development. These countries spread across Europe, Asia and North America include the United States, China, Canada, the United Kingdom, Germany, France, Australia, Japan, South Korea, and others.

The state programs are not the main investments. Some of the firms investing in quantum computing include the major tech players including IBM, Google, Microsoft, and Intel. These companies are already touting achievements with these experimental machines and laying the groundwork to offer quantum computing-as-a-service. Which aims at creating a market growing as fast as the AI market.

Indeed, Quantum computing is expected to have a significant impact on artificial intelligence. Researchers expect quantum computing to be helpful in advancing machine learning, a type of AI. Through its enhanced AI and ML, quantum will revolutionize financial services by delivering a stronger prediction of trading signals in global markets—helping investors to build resilient portfolios—and by assessing the environmental risks that are key to making sustainable finance decisions.

Use cases of Quantum computing are obviously not limited to Business but also expected to have a significant impact on cryptography. Quantum computers are capable of breaking many of the encryption methods that are currently used to secure data. This means that quantum computing could be used to create new encryption methods that are more secure than current methods.

How to justify the investments on a technology not guaranteed?

It is important to note that quantum computing is becoming a geo-strategic competition. The potential for quantum computing to be used as a weapon is a concern for many governments around the world and therefor help justifying the tremendous investment for a technology not guaranty to deliver its promise.