Understanding Quantum Computing and its Policy Implications
Quantum computing (QC), once considered simply a part of theoretical physics, has advanced rapidly in the last few decades. The QC industry has entered the "utility era," where quantum systems are beginning to demonstrate practical advantages for specific real-world applications. This horizon scanning memo attempts to explain the QC landscape, including significant players; applications for different industries; and the challenges QC presents to our existing technological, regulatory, and social frameworks. As we witness companies like IBM charting ambitious roadmaps toward fault-tolerant quantum systems by 2029, it is crucial to address fundamental questions about harnessing this technology's potential while mitigating its risks.
