{"id":13565,"date":"2025-09-10T08:48:34","date_gmt":"2025-09-10T08:48:34","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/13565\/"},"modified":"2025-09-10T08:48:34","modified_gmt":"2025-09-10T08:48:34","slug":"quantum-computing-is-so-fire-no-seriously-bofa-says-it-could-be-humanitys-biggest-breakthrough-since-the-discovery-of-fire-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/13565\/","title":{"rendered":"Quantum computing is so fire \u2014 No, seriously. BofA says it could be humanity&#8217;s biggest breakthrough since the discovery of fire"},"content":{"rendered":"<p>In a recent note on quantum computing, analysts at Bank of America had to reach way back\u2014way, way back\u2014for a comparable advancement in human history.<\/p>\n<p>That\u2019s because the use of subatomic particles to process data offers the potential to leap light year ahead of what\u2019s possible with traditional semiconductor-based electronics.<\/p>\n<p>\u201cThis could be the biggest revolution for humanity since discovering fire,\u201d they wrote on Wednesday. \u201cA technology that can perform endless complex calculations in zero-time, warp-speeding human knowledge and development.\u201d<\/p>\n<p>Scientific evidence suggests early humans began using fire in a controlled way hundreds of thousands of years ago, and perhaps even 1 millions years ago.<\/p>\n<p>So how does quantum computing compare to that? Theoretically, there\u2019s no calculation a quantum computer can\u2019t do, BofA said, adding that it could \u201cchange everything,\u201d by creating new drugs and materials, increasing longevity, and enhancing encryption and logistics, to name just a few examples.<\/p>\n<p>At the same time, the artificial intelligence revolution that\u2019s also underway could get turbocharged by quantum computing, and vice versa. <\/p>\n<p>\u201cGenAI can help speed up the development and testing time of quantum systems, which could take AI model training to the level of Artificial Super Intelligence,\u201d BofA said.<\/p>\n<p>There have already been major milestones in quantum computing. In 2023, <a href=\"https:\/\/fortune.com\/company\/alphabet\/\" target=\"_blank\" aria-label=\"Go to https:\/\/fortune.com\/company\/alphabet\/\" class=\"sc-4f49155c-0 hLtviE\" rel=\"nofollow noopener\">Google<\/a> said its Sycamore quantum processor completed a calculation in 6 seconds that would\u2019ve taken the top supercomputer 47 years. <\/p>\n<p>And in December, Google said its\u00a0<a href=\"https:\/\/blog.google\/technology\/research\/google-willow-quantum-chip\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" aria-label=\"Go to https:\/\/blog.google\/technology\/research\/google-willow-quantum-chip\/\" data-type=\"link\" data-id=\"https:\/\/blog.google\/technology\/research\/google-willow-quantum-chip\/\" class=\"sc-4f49155c-0 hLtviE\">Willow quantum chip<\/a> solved a problem in less than five minutes that would\u2019ve\u00a0taken\u00a0the world\u2019s fastest supercomputer 10 septillion years (or 10,000,000,000,000,000,000,000,000 years).<\/p>\n<p>But a quantum computer has yet to solve a useful real-world problem faster than a classical computer could, BofA pointed out. That\u2019s because qubits, the fundamental units of quantum information, still suffer from too much \u201cnoise,\u201d or disturbances that can lead to computation errors.<\/p>\n<p> In January, <a href=\"https:\/\/fortune.com\/company\/nvidia\/\" target=\"_blank\" aria-label=\"Go to https:\/\/fortune.com\/company\/nvidia\/\" class=\"sc-4f49155c-0 hLtviE\" rel=\"nofollow noopener\">Nvidia<\/a> CEO Jensen Huang said the most exciting developments in quantum computing are <a href=\"https:\/\/fortune.com\/2025\/01\/09\/nvidia-ceo-jensen-huang-tanks-quantum-computing-stocks\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" aria-label=\"Go to https:\/\/fortune.com\/2025\/01\/09\/nvidia-ceo-jensen-huang-tanks-quantum-computing-stocks\/\" data-type=\"link\" data-id=\"https:\/\/fortune.com\/2025\/01\/09\/nvidia-ceo-jensen-huang-tanks-quantum-computing-stocks\/\" class=\"sc-4f49155c-0 hLtviE\">more than a decade away<\/a>.<\/p>\n<p>In March, he sought to <a href=\"https:\/\/fortune.com\/2025\/03\/21\/nvidia-jensen-huang-quantum-computing-stocks-gtc-rigetti-dwave-ionq\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" aria-label=\"Go to https:\/\/fortune.com\/2025\/03\/21\/nvidia-jensen-huang-quantum-computing-stocks-gtc-rigetti-dwave-ionq\/\" data-type=\"link\" data-id=\"https:\/\/fortune.com\/2025\/03\/21\/nvidia-jensen-huang-quantum-computing-stocks-gtc-rigetti-dwave-ionq\/\" class=\"sc-4f49155c-0 hLtviE\">temper expectations<\/a> for quantum computing that somehow it\u2019s\u00a0\u201cgoing to be better at spreadsheets.\u201d<\/p>\n<p>Rob Schoelkopf, cofounder and chief scientist of Quantum Circuits, also said at the time that advances in quantum computing would come more gradually instead of in a sudden flip of a switch.<\/p>\n<p>\u201cWe\u2019re going to be turning the volume steadily, and we can start to hear the music now, and eventually everyone will be able to hear the music,\u201d he predicted.<\/p>\n<p>Meanwhile, BofA noted that quantum computing has geopolitical implications as well. The technology can level the playing field in overall processing power, which the U.S. currently leads the world in.<\/p>\n<p>\u201cWhoever wins the\u00a0\u2018quantum race\u2019\u00a0will gain an unprecedented geopolitical, technological and economic advantage,\u201d analysts said.\n<\/p>\n<p>Fortune Global Forum returns Oct. 26\u201327, 2025 in Riyadh. CEOs and global leaders will gather for a dynamic, invitation-only event shaping the future of business. <a href=\"https:\/\/conferences.fortune.com\/event\/global-forum-2025\/summary\" target=\"_self\" aria-label=\"Go to https:\/\/conferences.fortune.com\/event\/global-forum-2025\/summary\" class=\"sc-4f49155c-0 hLtviE\" rel=\"nofollow noopener\">Apply for an invitation.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"In a recent note on quantum computing, analysts at Bank of America had to reach way back\u2014way, way&hellip;\n","protected":false},"author":2,"featured_media":13566,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[371,111,139,69,5791,375,145],"class_list":{"0":"post-13565","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-computing","9":"tag-new-zealand","10":"tag-newzealand","11":"tag-nz","12":"tag-quantum-computer","13":"tag-quantum-computing","14":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/13565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=13565"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/13565\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/13566"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=13565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=13565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=13565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}