Quantum computing commercialization will take 10 years or more, corporate investment continues
Quantum computing is a new method of computation that harnesses the superposition property of qubits. Although progress in physics and engineering has been reported, it is estimated that fault-tolerant, commercial-grade quantum computers will take at least 10 years.
Quantum computing uses a method of computation different from classical binary computing. In this technology, qubits can exist in multiple states simultaneously, enabling different approaches to certain problems. This principle is based on fundamental physics.
Progress has been documented in research and engineering. Companies and research institutions are developing qubit-control and error-correction technologies. The performance and design of actual machines continue to improve.
However, fault-tolerant, commercial-grade quantum computers will not emerge immediately. It is estimated that development will take a long time before machines can be considered commercially viable. Such commercialization requires large-scale error correction and stabilization.
IBM, Google, and Microsoft are continuing their research and development. Pure-play quantum companies IonQ, D-Wave, and Rigetti are also pursuing development. Competition among multiple technological approaches is taking place simultaneously.
Development entails a substantial financial burden. Uncertainty remains over which technology will ultimately succeed. For this reason, approaches from an investment perspective are being proposed.
Some opinions recommend portfolio diversification for investors. They cite the long development timelines, high costs, and technological uncertainty. The aim is to reduce the risk of concentrating on only a particular technology or company.
Sources: Investing.com
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