today is still in its infancy. However, progress is happening at a good speed. Early quantum computers struggled with stability due to qubits losing coherence. However, companies like IBM, Google, IonQ, and Rigetti are increasing qubit counts and reducing error rates through new materials.
The United States, China, and the European Union are funding quantum research platforms. While consumers will not see quantum devices in their homes soon, the pharmaceutical and cybersecurity industries are already preparing for quantum-powered workflows. This current phase is similar to the early 1990s era of classical computing. It is experimental, imperfect, and rapidly growing.
Quantum computing shows promising signs of progress. are working on multiple approaches, such as superconducting qubits, photonic systems, and silicon-spin. This reduces the risk of relying on one method.
“This transformative moment in quantum technology is reminiscent of the transistor’s earliest days,” said David Awschalom, a Professor at the University of Chicago. Awschalom, who is also the director of the Chicago Quantum Exchange and the Chicago Quantum Institute, added, “The foundational physics concepts are established, functional systems exist, and now we must nurture the partnerships and coordinated efforts necessary to achieve the technology’s full, utility-scale potential.”
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