Does anyone know about quantum computing? What does the future hold? From an investment standpoint, I was doing a little research today and discovered QUBT is up over 40% today. 

(12-17-2024, 11:48 AM)HarleyDog Wrote: Does anyone know about quantum computing? What does the future hold? From an investment standpoint, I was doing a little research today and discovered QUBT is up over 40% today. 

Classical computing uses a resource called bits (1s and 0s) to solve problems. Quantum computing uses qubits, and these qubits use quantum mechanics to allow themselves to be both a 1 and 0 at the same time. Technically, it's a sliding scale where they are some part 1 and some part 0. They do this via superposition. Due to this, quantum computers are able to work on problems in a parallel manner and are able to try many different solutions at the same time. Problems that can take a classical computer billions and billions of years to solve, a quantum computer can solve in seconds or minutes. Right now, their use case is rather limited as their superiority to classical computers is narrow in scope. Think of things like cryptography. 

(12-17-2024, 12:25 PM)KillerGoose Wrote: Classical computing uses a resource called bits (1s and 0s) to solve problems. Quantum computing uses qubits, and these qubits use quantum mechanics to allow themselves to be both a 1 and 0 at the same time. Technically, it's a sliding scale where they are some part 1 and some part 0. They do this via superposition. Due to this, quantum computers are able to work on problems in a parallel manner and are able to try many different solutions at the same time. Problems that can take a classical computer billions and billions of years to solve, a quantum computer can solve in seconds or minutes. Right now, their use case is rather limited as their superiority to classical computers is narrow in scope. Think of things like cryptography. 

Would you say we are still in the early stages of this technology? It sounds promising, but so did all the excitement of 5G. 5G was touted as the next big thing, but really, it was nothing special. I did a little research on quantum computing several months ago from an investment perspective. It sounded very impressive but also seemed to be several years before it was efficient enough due to the lack of knowledge in the industry because it's very complex. 

I am just curious what your thoughts are on this.

(12-17-2024, 01:32 PM)HarleyDog Wrote: Would you say we are still in the early stages of this technology? It sounds promising, but so did all the excitement of 5G. 5G was touted as the next big thing, but really, it was nothing special. I did a little research on quantum computing several months ago from an investment perspective. It sounded very impressive but also seemed to be several years before it was efficient enough due to the lack of knowledge in the industry because it's very complex. 

I am just curious what your thoughts are on this.

Yes. Quantum computers are these large machines that require special environments. They are cooled down to near absolute zero temperatures which is similar to the temperature of space. As you mentioned, quantum mechanics is a very complex field of physics and this is combining quantum mechanics and computer science. However, for the vast majority of applications, the computer I am typing this on is simply better. They aren't mean to solve the same problems, though. Over time, we could see the possibilities grow. For example, there is a field called quantum artificial intelligence. Data analytics, cybersecurity etc. Hopefully we can see something useful come of them in my lifetime. Right now they are effectively useless but the mathematical backing, the theory, is all legit.