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Given the following post, respond as if you're commenting on Reddit:
human
AskScience AMA series: We are researchers in Quantum Computing and Quantum Information, here to answer your questions.

Hi everyone, we are BugeyeContinuum, mdreed, a_dog_named_bob, LuklearFusion, and qinfo, and we all work in Quantum Computing and/or Quantum Information. Please ask us anything!

P.S.: Other QIP panelists are welcome to join in the fun, just post a short bio similar to the ones below, and I'll add it up here :).

To get things started, here's some more about each of us:

BugeyeContinuum majored in physics as undergrad, did some work on quantum algorithms for a course, and tried to help a chemistry optics lab looking to diversify into quantum info set up an entanglement experiment. Applied to grad schools after, currently working on simulating spin chains, specifically looking at quenching/annealing and perhaps some adiabatic quantum computation. Also interested in quantum biology, doing some reading there and might look to work on that once present project is done.

mdreed majored in physics as an undergrad, doing his senior thesis on magnetic heterostructures and giant magentoresistance (with applications to hard drive read-heads.) He went to grad school immediately after graduating, joining a quantum computing lab in the first semester and staying in it since. He is in his final year of graduate school, and expects to either get a job or postdoc in the field of quantum information.

LuklearFusion did his undergrad in Mathematical Physics, with his senior research project on quantum chaos. He's currently 6 months away from a M.Sc. in Physics, studying the theory behind devices built from superconducting qubits and hybrid systems. He is also fairly well versed in quantum foundations (interpretations of quantum mechanics) and plans on pursuing this in his PhD research. He is currently applying to grad schools for his PhD, if anyone is interested in that kind of thing. He is also not in a North American timezone, so don't get mad at him if he doesn't answer you right away.

qinfo is a postdoc working in theoretical quantum information, specifically in quantum error correction, stabilizer states and some aspects of multi-party entanglement.
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Basic questions from an entirely uneducated person:

1. What materials to you see (or are available) to serve as quantum computing devices?
2. What are the benefits of QC over current computational technology?
3. What will serve as the equivalence of a bit and transistor in a quantum computer?

Thanks guys!