Quantum Computing

[HarleyDog]

(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.