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State of quantum computing: building a quantum economy

By: Material type: TextTextPublication details: Cologny World Economic Forum 2022Description: 48pSubject(s): Online resources: Summary: Quantum computing is developing rapidly, with government and business investment reaching $35.5 billion globally, but the technology has not reached maturity yet. The potential of quantum technologies is unprecedented, as they mimic chemical and biological systems, solve logistical and financial optimization problems, and empower fundamental science and existing technologies. Despite this potential, cybersecurity concerns and unrealistic business expectations undermine the development and adoption of technology. This report by the Global Future Council on Quantum Computing aims to provide clear, concise and neutral assessment of the current state of the quantum computing industry, advising business leaders and policy-makers on actions to be taken now to prepare for the technology once it matures.
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Quantum computing is developing rapidly, with government and business investment reaching $35.5 billion globally, but the technology has not reached maturity yet.

The potential of quantum technologies is unprecedented, as they mimic chemical and biological systems, solve logistical and financial optimization problems, and empower fundamental science and existing technologies. Despite this potential, cybersecurity concerns and unrealistic business expectations undermine the development and adoption of technology. This report by the Global Future Council on Quantum Computing aims to provide clear, concise and neutral assessment of the current state of the quantum computing industry, advising business leaders and policy-makers on actions to be taken now to prepare for the technology once it matures.

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