Pros and Cons of Quantum Computing: Worth the Risks? (2024)

Pros and Cons of Quantum Computing: Worth the Risks? (1)

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What is a quantum computer? What can quantum computers do that normal computers can’t? Why are quantum computers potentially dangerous?

In November 2022, IBM unveiled its 433 qubit powerful Osprey processor,marking a significant step toward revolutionary quantum computing systems. Quantum computing promises to solve problems currently deemed insurmountable by classical computing. But it could also threaten existing encryption systems and exacerbate digital divides.

Keep reading to learn about the pros and cons of quantum computing.

Image source: Flickr

While AI stole the headlines, IBM unveiled a quantum computer processor last year that’s exponentially more powerful than ever. Harnessing the mechanics of quantum physics, this technological feat cracks open a portal to unprecedented problem-solving power, enabling humanity to solve problems for which solutions were previously inconceivable and reshape the course of scientific progress. But there are both pros and cons of quantum computing.

What Is Quantum Computing?

Quantum computing utilizes the principles of quantum mechanics to perform complex calculations. Unlike classical computers that process binary bits, quantum computers leverage quantum bits—called “qubits”—which can exist in multiple states at once, a phenomenon known as “superposition.” This allows quantum computers to process far larger amounts of information simultaneously, outstripping the capabilities of classical supercomputers.

One researcher compares the quantum computer to a mouse in a maze that’s capable of simultaneously examining every possible route, rather than having to work through each route one after the next, like a classical computer. Thus, quantum computers have the potential to accomplish in mere seconds tasks that could take traditionally powered computers centuries.

IBM’s Leap Forward

In a significant breakthrough in November 2022, IBM unveiled its Osprey processor, a 433 qubit powerhouse that propels quantum computation to new heights. Tripling the strength of its 127 qubit predecessor, this game-changing processor not only scales up qubit quantities without a substantial error increase, but also pioneers a novel quantum computing approach.

However, with every new leap in technology, there are pros and cons of quantum computers.

The Pros and Potential of Quantum Computing

Quantum computing has the potential to enable breakthroughs in a variety of sectors, fundamentally altering how people handle data and solve problems. For example, it could:

Potential Cons and Risks of Quantum Computing

However, experts say that quantum computers also introduce significant risks.

One key concern is that they could crack existing encryption systems that guard the internet, databases, communications, and sensitive financial and health data. This could heighten the risk of data breaches, threaten the security of digital assets, and undermine the cryptographic foundations that protect cryptocurrencies.

They could also exacerbate digital disparities, as only individuals able to afford the immense cost of accessing and implementing the technology will reap its benefits, further marginalizing those with fewer resources.

Overcoming the Hurdles

Despite the significant strides in quantum computing, several key hurdles remain, including:

  • Achieving stable coherence—that is, dramatically increasing qubit numbers while preserving their delicate quantum state and curbing error rates. Qubits, notorious for high error rates, require extremely low temperatures (near absolute zero) for optimal performance. A failure in coherence can render the computer’s output worthless.
  • Developing advanced error-correcting codes that can identify and fix mistakes without disturbing qubits’ quantum state—which is crucial to achieving consistent and precise results from quantum computers despite possible errors.
  • Integrating current software with quantum systems to unlock unprecedented computational power. Given quantum computers’ evolving nature, software may eventually become outdated as it fails to ‘speak’ the advancing language of quantum computers.

Looking Ahead

Some experts argue that quantum computing’s future rests more on small, steady improvements than on revolutionary leaps. Once these pieces fall into place, success lies in effectively integrating them to construct increasingly larger systems—which could happen as soon as 2030.

In the longer term, fully operational quantum computers—those capable of functioning properly even when errors occur—could revolutionize numerous fields of study, modeling complex natural phenomena and solving currently insurmountable problems. The implications of these advancements could initiate the next wave of technological disruption and transform the world as we know it.

Pros and Cons of Quantum Computing: Worth the Risks?

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Pros and Cons of Quantum Computing: Worth the Risks? (2024)

FAQs

Pros and Cons of Quantum Computing: Worth the Risks? ›

Security Implications:

While quantum computing has the potential to break existing cryptographic methods, it also offers the potential for quantum-safe cryptography. The transition to new cryptographic standards is, however, a complex and time-consuming process, leaving a period of vulnerability during the transition.

What are the pros and cons of quantum computing? ›

Security Implications:

While quantum computing has the potential to break existing cryptographic methods, it also offers the potential for quantum-safe cryptography. The transition to new cryptographic standards is, however, a complex and time-consuming process, leaving a period of vulnerability during the transition.

What are the risks of quantum computing? ›

Quantum computers will be able to break common encryption methods at an alarming speed. Encryption tools currently used to protect everything from banking and retail transactions to business data, documents and digital signatures can be rendered ineffective – fast.

What are the weakness of quantum computing? ›

Quantum computers are sensitive to noise and difficult to calibrate. Unlike traditional computers that would experience a bit flip from 0 to 1 or vice versa, quantum errors are more difficult to correct because qubits can take an infinite number of states.

What is the biggest problem with quantum computing? ›

Challenges of quantum computing

The three main challenges we'll look at include quantum decoherence, error correction, and scalability. Each is a major hurdle on the road to quantum computing, and must be overcome if the technology is to reach full potential.

Is quantum computing worth the hype? ›

In conclusion, quantum computing has the considerable potential to be a game-changer in many industries, but it's still too early to say whether it will live up to its hype. There are many challenges to overcome, including developing practical, scalable quantum computers and understanding quantum mechanics.

Why is quantum computing not used? ›

Another significant barrier is data bandwidth. Qubits' slow operating speeds fundamentally limit the rate at which you can get classical data in and out of a quantum computer. Even in optimistic future scenarios this is likely to be thousands or millions of times slower than classical computers, says Troyer.

What is the biggest problem in quantum mechanics? ›

Problem of time: In quantum mechanics, time is a classical background parameter, and the flow of time is universal and absolute. In general relativity, time is one component of four-dimensional spacetime, and the flow of time changes depending on the curvature of spacetime and the spacetime trajectory of the observer.

Which two major challenges do quantum computers face? ›

In this article we are going to dive deep into some of the main challenges: quantum decoherence, error correction and scalability. Compared with standard computers, quantum computers are extremely susceptible to noise.

Why you can t ignore quantum computing? ›

Quantum computing can also be used to simulate molecules, an essential technique to develop new drugs and catalysts — and for chemistry research and materials science in general.

Why quantum computers will fail? ›

Quantum systems based on special-purpose quantum devices are subject to noise which systematically depends on the quantum evolution of the system; this dependence reflects dependence of the noise on the quantum device, and the dependence of the quantum device on the quantum evolution it is performing.

Is there anything better than quantum computing? ›

Classical computers are much faster than quantum computers, but sometimes quantum computers have dramatically better algorithms. So, in our analogy, classical computers would always be better in open water, where both have access to the best route (algorithm).

What are quantum computers bad at doing? ›

Yes, current quantum computers are bad at addition. If each gate has a 96.4% chance of working right, and you do 50 of them, there's a 16% chance that nothing went wrong. Thus you expect most of the answers to be wrong. Things would not look so grim with a 0.1% error rate, but even then you will quickly run into walls.

What are the pros and cons of the quantum model of the atom? ›

Quantum Numbers (Erwin Schrödinger)

The advantage of this model is that it consists of mathematical equations known as wave functions that satisfy the requirements placed on the behavior of electrons. The disadvantage is that it is difficult to imagine a physical model of electrons as waves.

What are the positive effects of quantum computing? ›

Key takeaways on the advantages of quantum computers

Quantum computers excel at complex problem solving. The unique properties of qubits let them solve certain classes of problems faster and more efficiently than traditional computers.

What are the disadvantages of the quantum theory? ›

In summary, the main drawback of the quantum theory is that it is a background dependent theory, meaning that spacetime is where physics happens but nothing happens to spacetime in the process. This is in contrast to general relativity where matter curves spacetime and they interact.

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