IBM’s current largest quantum computer has 65 qubits, but they revealed a roadmap to 1000 qubits by 2023. The IBM plan is 127 qubits in 2021 and 433 qubits in 2022.
The Quantum Computer Market is at about $1 billion today and there are various projections that it will reach about $65 billion in 2030. However, the quantum computing future is uncertain. It will depend upon how well companies can actually execute and scale the quantum hardware and get value in terms of solving real problems.
SOURCES- Journal Science, IBM
Written By Brian Wang, Nextbigfuture.com
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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Rough rule of thumb is to square root the number to nominal qubits to get the logical usable.
I do wonder if Amdahl's law applies to QC?
Like Protein folding, with major applications to nanotech.
Only for some crypto, other crypto doesn't get cracked.
So…. the biggest value of this research, so far, lies in reassuring everyone that crypto is probably (so far) still safe enough to continue using as the basis for 'secure' transactions and storage of data? While making the future of those just uncertain enough to keep developers concerned about finding an affordable replacement?
Protein folding simulation would be a big, big deal once it's possible with state of the art QCs.
At the current state of the art, probably nothing. With a good QC, simulating chemical interactions. With a really good QC, breaking public-key cryptography.
I was wondering the same. Didn't we just agreed to use "quantum volume" for measuring performance?
Attracting investors
One article I saw said they'd have 10 to 50 logical qubits.
OK, so they have a roadmap to 1000 qubits. Does this mean that their "quantum volume" will scale with the number of qubits, i.e. be about 15 times larger than today? As I undertand it, the correct figure of merit is quantum volume and not number of qubits….