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Is quantum computing reaching commercial viability?
Recent advances in quantum computing will lead to commercial viability soon. Given the dollars, talent, number of companies, and interest of various governments, the pace of development is accelerating. I recently interviewed Lawrence Gasman, the founder and principal analyst at Inside Quantum Technology, about the latest developments, trends, and strategic insights in quantum computing technology.
Still, the decryption of public key encryption, which much of today’s cybersecurity depends on, by a quantum computer is closer than previously projected. “Several promising quantum sensors, communication, and hardware advances are poised to disrupt some product categories in 2024,” said Gasman. We can expect rapid advances in quantum computing that will lead to commercial viability based on the dollars, talent, and number of companies focused on this work.
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