{"id":53536,"date":"2025-08-08T03:11:21","date_gmt":"2025-08-08T03:11:21","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/53536\/"},"modified":"2025-08-08T03:11:21","modified_gmt":"2025-08-08T03:11:21","slug":"quantum-computing-could-surpass-ai-by-2033-says-bank-of-america-strategist","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/53536\/","title":{"rendered":"Quantum Computing Could Surpass AI by 2033, Says Bank of America Strategist"},"content":{"rendered":"

The fast-growing quantum industry continues to gain traction, as it moves closer to commercializing practical systems. New promising names such as IonQ (IONQ)<\/a>, D-Wave Quantum (QBTS)<\/a>, and Rigetti (RGTI)<\/a>, emerged, and the market\u2019s sentiment is turning more bullish by the week. In that respect, Bank of America (BAC)<\/a> continues to heap praise on the industry\u2019s prospects<\/a>. It\u2019s doing so despite not covering any quantum stocks. <\/p>\n

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This time, it was BofA\u2019s strategist, Haim Israel,<\/a> who said quantum computing<\/a> could reach practical use by 2033 and may have a greater impact on global markets than artificial intelligence. In an interview with CTech, Israel said the technology could unlock large datasets, improve drug research, and create new tools for complex problem-solving.<\/p>\n

Israel pointed to early demonstrations of quantum capability. In one case, a quantum processor completed a complex task in five minutes that a classical supercomputer would take longer than the age of the universe to finish. He said these experiments are a sign of what may be possible once the systems reach maturity.<\/p>\n

While artificial intelligence<\/a> can already find patterns in data, it still runs on classical computing. Israel said quantum computing will boost artificial intelligence by allowing it to work with problems that are too complex today. However, quantum systems will likely operate from secure data centers rather than personal devices, serving specific industrial needs instead of general consumer use.<\/p>\n

\"\"<\/a>\u201cGreater impact than Artificial Intelligence.\u201d A quantum computer processor. <\/p>\n

Risks and Potential Geopolitical Shifts<\/p>\n

The Bank of America strategist also warned about cybersecurity risks.<\/a> Most current encryption systems rely on mathematical problems that are difficult for classical computers to solve. Quantum computers could make those same problems easy, leaving financial transactions, secure communications, and digital identities exposed. Work is underway to create quantum-resistant encryption, but adoption is uneven.<\/p>\n

Israel noted that the United States, China, and the European Union are leading in investment and talent recruitment. Israel, the country, has strong research programs but remains behind in building a competitive edge. The gap could matter because quantum technology offers a rare chance for countries to shift their positions in the global tech hierarchy.<\/p>\n

He added that early commercial applications will likely appear in pharmaceuticals and chemical design, where quantum systems can model molecular interactions more accurately. In addition, large-scale optimization in supply chains and portfolio management may follow. With growing investment from governments and private companies, Israel said the path toward quantum advantage is becoming clearer, and the timeline is moving faster than many had expected.<\/p>\n

Using\u00a0TipRanks\u2019 Comparison Tool<\/a>, we\u2019ve brought together some of the most prominent stocks in the quantum space to see how they stack up. It\u2019s a quick way for investors to get a clearer view of each company\u2019s position, and a better sense of where the industry is headed overall.<\/p>\n

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Disclaimer & Disclosure<\/a>Report an Issue<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The fast-growing quantum industry continues to gain traction, as it moves closer to commercializing practical systems. New promising…\n","protected":false},"author":2,"featured_media":53537,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[49,48,285,61],"class_list":{"0":"post-53536","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-ca","9":"tag-canada","10":"tag-computing","11":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/53536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=53536"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/53536\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/53537"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=53536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=53536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=53536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}