Quantum Milestones & Economics - Part 2

Scaling Differences

From Part 1 of the Series

“It’s time for business schools, consultants and vendors to start addressing the quantum economic advantage case studies even if viable quantum computers are years away. Comparing hardware speed, costs, and algorithm efficiency and accuracy, when to use one versus the other. The same dynamic as between two classical alternatives. In this series, I’ll be investigating leading thought on quantum’s other perspective…it’s economic advantage.”

According to Goldfarb, et al “Quantum economic advantage: This occurs when quantum computing solves an economically relevant problem either differently or significantly faster than a classic computer. Quantum economic advantage can occur in cases where quantum speedup is less than exponential — that is, when the scaling is quadratic or polynomial.”

“In quantum computing, the scalable mechanism is the capability to handle an increasing number of qubits in an increasingly stable manner. The capabilities afforded by scalability are required to achieve goals such as a general-purpose quantum computer and the feat of decryption” Mitsubishi Research Institute, 2020

Image source: Pixabay.com

Scaling Differences.

In this part of the series, I’m exploring computational scaling from a number of different perspectives, mathematical, computational and problem category.