The promise of quantum computers | Matt Langione

The video explores the challenges of the 21st century, emphasizing the role of supercomputing. It highlights the limitations of current supercomputers and introduces quantum computing as a promising solution. Quantum computing's potential applications in fields like drug discovery, fertilizer production, and banking are discussed. The video concludes with a call to action for investment and preparation for the future of quantum computing.

What are some of the biggest challenges of the 21st century mentioned in the video?

• Urbanization, deforestation, overpopulation

• Nuclear proliferation, terrorism, cybercrime

• Space exploration, artificial intelligence, robotics

• Climate change, public health, inequality

What is a key limitation of classical computers that quantum computers aim to overcome?

• Limited storage capacity

• Deterministic operation

• Slow processing speed

• High energy consumption

How do quantum computers solve problems differently from classical computers?

• By operating in parallel and exploring multiple possibilities simultaneously

• By using more powerful processors

• By increasing the number of transistors

• By reducing the size of components

What is one example of a problem that quantum computing could solve much faster than classical computing?

• Weather forecasting

• Fertilizer production

• Image processing

• Data encryption

How long would it take a quantum computer to simulate the molecular interactions for fertilizer production?

• 800,000 years

• 24 hours

• 1 month

• 10 years

What is a potential benefit of quantum computing for banks?

• Increased interest rates

• Reduced cash reserves

• Higher transaction fees

• More secure online banking

What is a 'black swan event' in the context of financial risk simulations?

• A minor and insignificant event

• A frequent and expected event

• A common and predictable event

• A rare and unpredictable event

What is the current status of quantum computing development according to the video?

• It has been abandoned due to lack of interest

• It is still in the early stages with many hurdles to overcome

• It is fully developed and widely used

• It is only used in academic research

Why is it important for businesses to invest in quantum computing now?

• To replace all existing technology

• To reduce operational costs immediately

• To avoid missing out on potential breakthroughs

• To comply with government regulations

What is a major challenge in preparing for the arrival of quantum computers?

• Training talent and integrating workflows

• Ensuring compatibility with existing software

• Finding enough physical space for the machines

• Reducing the cost of quantum computers