It’s time to stop sleeping on quantum computing: 48 experts on what to watch for next
The media continues to sleep on quantum. No surprise, really, between the AI boom and the fact that the science behind the technology can feel inscrutable. But while most everyone slumbers, quantum computers have been making considerable progress . Researchers are getting more qubits, the tech’s fundamental building block, to work together, correcting errors more effectively, and developing…
It is time to stop underestimating quantum computing, according to 48 experts who shared their insights on what to watch for next. While the media continues to ignore quantum, this technology has made significant strides behind the scenes. Researchers are now able to work with more qubits, the basic building blocks of quantum computers, and are developing more effective error correction methods. They are also creating faster and more efficient quantum algorithms.
The increasing investment in quantum computing signals growing confidence in its potential. VCs are no longer content to merely observe the AI boom. They are turning to quantum computing as an attractive alternative, as it promises scientific discoveries beyond the reach of classical supercomputers and new tools for modeling and optimizing core business systems.
However, quantum computing is still in its early stages. Researchers are working towards building fault-tolerant quantum computers that can automatically correct errors at large scale. These computers could signal a real turning point, opening the door to mainstream enterprise adoption.
In recent years, quantum companies have begun publishing more detailed product roadmaps, featuring concrete steps towards achieving a fault-tolerant computer with real-world applications. By the end of 2025, industry players have made commitments to deliver large-scale, fault-tolerant quantum computers. IBM CEO Arvind Krishna has stated that his company will achieve the first examples of quantum advantage this year, leveraging IBM hardware, and expects to deliver a large-scale, fault-tolerant quantum computer by 2029.
The influx of investment in quantum computing has also attracted major players to the public markets. Quantinuum held a blockbuster initial public offering in June, raising $1.68 billion at a valuation of more than $14 billion. Other companies, including Xanadu Quantum Technologies, Infleqtion, IQM, Horizon Quantum, PsiQuantum, and IonQ, have also announced their own IPO plans or significant funding rounds.
Written by urgent.news from Fast Company's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
