How quantum computing will change the world
Quantum computing, an emerging technology that uses the laws of quantum mechanics to produce exponentially higher performance for certain types of calculations, offers the possibility of major breakthroughs across sectors.
Investors also see these possibilities: Funding of start-ups focused on quantum technologies more than doubled to $1.4 billion in 2021 from 2020. Quantum computing now has the potential to capture nearly $700 billion in value as early as 2035, with that market estimated to exceed $90 billion annually by 2040. That said, quantum computing's more powerful computers could also one day pose a cybersecurity risk.
To learn more, dive deeper into these topics:
- How quantum computing could speed up technologies to achieve net zero.
- Latest developments in the quantum computing ecosystem and the looming talent gap.
- How quantum computing simulating complex molecules could accelerate drug research.
- Options to consider as quantum computing may be able to crack encryption as early as 2030.