"In a recent interview, Alphabet CEO Sundar Pichai positioned quantum computing at a pivotal stage, comparing it directly to artificial intelligence five years ago - just before AI's explosive growth. He stated that Google's quantum efforts represent "the state-of-the-art in the world," with the company maintaining a lead through heavy investments."
"Pichai highlighted ongoing progress in the noisy intermediate-scale quantum era, where systems still grapple with errors but show "palpably exciting" advancements. He emphasized that within five years, the field will enter a "very exciting phase," marked by an "aha" moment when quantum machines demonstrably outperform classical ones on real-world problems. Pichai tempered expectations by noting that fully useful, error-corrected quantum computers remain a decade or more away. Still, he reaffirmed Alphabet's commitment, pouring billions into research for long-term breakthroughs."
Quantum computing offers transformative potential for drug discovery, cryptography, and climate modeling by solving problems far beyond classical supercomputers. Significant technical challenges persist, including scalability, high error rates, and extreme cooling requirements, which keep practical applications years away. Public-market volatility has followed technological hype, with notable gains from companies like IonQ, D-Wave, and Rigetti, though recent pullbacks erased some value. Alphabet positions quantum efforts as world-leading and is investing heavily. Ongoing progress in the noisy intermediate-scale quantum (NISQ) era is described as palpably exciting, with expectations of a demonstrable advantage within five years despite longer timelines for error-corrected machines.
Read at 24/7 Wall St.
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