One of the wildest dreams of computing is becoming a reality.
Since the Techno nerd first turned his eye to the HAL 9000, he has probably been thinking about computer power. 2001: Space Odyssey.
Coincidentally, the film was released just four years after the first supercomputer was developed in 1964.
And recently, our minds have been blown away once more…
If you catch a new Netflix movie I’m afraid Last weekend, AIA The Digital Family Assistant (supercomputer) tries to make the family mother love by reading previous papers and supporting their doctoral thesis.
how? Quantum computing.
AI used all the technology at his disposal to calculate everything in his home.
Watching the drama unfold from the comfort of my living room, it hit me that even Hollywood was beginning to realize the possibility of changing the world of quantum computing…
Our quantum future arrived earlier than expected
When I told the audience at the Total Wealth Symposium in Orlando this February that it would be the biggest breakthrough of the second half of the decade, I didn’t think this trend would start that fast.
We underestimated the fact that technology comes to us faster than we think…
During the presentation, I shared this key visual.
Source: IONQ Analyst 2023 presentation
As you can see, human progress has moved at a glacial pace throughout most of our history.
Then it began picking up in the industrial era thanks to power, assembly line manufacturing and automobiles.
Information age only increases the speed of progression from there, but that pales in comparison to what’s still coming when Quantum comes to reality.
And Tech Giant Google has accomplished what many people thought was impossible. It is a quantum computer that can complete calculations beyond the scope of traditional supercomputers.
Their latest machine, with a chip called Willow, did the calculations in under five minutes, and today’s most powerful supercomputer costs 10 septilion.
This breakthrough concludes a long-standing discussion of quantum advantage, Google, the milestone that it first advocated in 2019. At the time, critics questioned their achievements, and the advancements in classical computers were ultimately consistent with the capabilities of their quantum computers.
But this is a whole new kind of breakthrough. The benefits of profits for investors are greater…
Google turns quantum computing into reality
At the heart of this achievement is a world that bends the minds of quantum mechanics. Traditional computers process information in bits (1S and 0S), whereas quantum computers use qubits or “Qubits.”
These qubits exploit the strange properties of quantum mechanics to allow them to exist in multiple states simultaneously. To do this, Google will make exotic metals colder to nearly 460 degrees above zero.
More important than raw calculus ability is learning Google error correction. This is a challenge that has been plaguing quantum computing since its inception in the 1980s. They have crossed the “error correction threshold,” and milestone scientists have been pursuing for decades.
In market terminology, this is like moving from a proof of concept to a scalable product.
The interests will not be high. As Google moves forward, other high-tech giants such as Microsoft, Intel and IBM are developing their own quantum systems. There are also small startup companies with heels pinched.
Meanwhile, China has committed more than $15.2 billion to Quantum Research.
This is not just a technical race, it is a battle for market domination.
Each company takes a different approach. Google, IBM, and Intel operate with superconducting qubits, while other labs experiment with photo particles or trapped ions.
From an investment perspective, the diversity of this approach exemplifies both opportunities and risks.
Despite this breakthrough, we are not there yet.
The calculations that run Google’s machines were specifically designed to test quantum functionality, not to solve real problems. This technology still causes too many errors in practical applications.
But Mikhail Lukin, a Harvard physics professor and co-founder of Quera, said, “What happened last year shows that it’s no longer science fiction.” When quantum computers reach their potential, it revolutionizes everything from drug discovery to artificial intelligence.
It also cracks current encryption methods and adds urgency to the global race for quantum advantage.
As I told the audience in Orlando, Quantum Computing represents the next great technology frontier:
And smart money is already positioned for this shift. The future of quantum is not a distant possibility. It is now being rolled out, and its impact on the market is impossible to ignore.
Until next time,
Ian King
Chief strategist, Strategic Fate