The benefits of having a single computer that can outperform many supercomputers is so valuable that the scientific community, technology industry, governments, and enterprises are investing billions into the development and use of quantum computing.
If quantum computing is so fraught with challenges, the natural question is why do I think that we are on the cusp of major advances in quantum computing? One of the reasons is the level of investment in quantum computing. The benefits of having a single computer that can outperform many supercomputers is so valuable that the scientific community, technology industry, governments, and enterprises are investing billions into the development and use of quantum computing. This includes industry leaders like Alibaba, Amazon, IBM, Intel, Google, Honeywell, Microsoft, Nvidia, and Toshiba among many other companies. Likewise, the US Government has a National Quantum Initiative to “accelerate quantum research and development for the economic and national security of the United States.” A key example of this investment is evident walking through the IBM quantum data center in Poughkeepsie, New York, which I had the opportunity to tour earlier this year.