Quantum computing: approximately 10years until commercialization is forecast, while IBM, Google and others accelerate development
Quantum computing uses qubits to employ a computational framework different from conventional binary calculation. Although fundamental physical laws and research progress have been confirmed, the commercial use of fault-tolerant quantum computers that automatically correct errors is estimated to still be approximately 10years away.
Quantum computing uses computational principles different from conventional binary computing. Qubits can exist in multiple states simultaneously, giving them different characteristics in terms of parallelism. The underlying physics is valid, and research progress has been documented.
Large technology companies such as IBM, Google, and Microsoft are developing quantum chips and software. Quantum-focused companies such as IonQ, D-Wave, and Rigetti are also continuing research aimed at commercializing equipment and improving performance. Each company is reporting technological progress by disclosing experimental results and roadmaps.
Fault-tolerant quantum computers capable of commercial use have not yet reached the commercialization stage. Fault tolerance is the ability to correct errors autonomously and reliably perform large-scale computations. At present, error-correction technology and the cost of building large-scale systems are cited as major obstacles to commercialization.
The technology paths pursued by each company differ. It is uncertain which hardware designs and error-correction methods will ultimately be adopted. For this reason, even if research results emerge, the timing of commercialization and areas of application are likely to vary by company.
From an investment perspective, a diversified portfolio approach is recommended because of the long development periods, high costs, and technological uncertainty. Expectations of short-term returns from a single company may be limited. It is important to monitor long-term research results and the flow of technology adoption.
In summary, quantum computing is at a stage where technological progress is being confirmed. However, fault-tolerant systems at a commercial level are still under development, and more time is needed before commercialization. Investors may consider an approach that assesses multiple technologies and companies separately.
Sources: Investing.com
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