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Quantum Computing: I Don't Expect Big Revenues Until 2030+


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Published in Stocks and Investing on Wednesday, November 27th 2024 at 23:20 GMT by Thomas Matters   Print publication without navigation

  • Quantum Computing shows potential in AI but faces accuracy issues. Discover why QUBT stock is speculative, with high valuation and uncertain revenue generation.

The article from Seeking Alpha discusses the current state and future prospects of quantum computing, highlighting that while the technology holds immense potential, significant commercial revenue is not expected until around 2030. It points out that quantum computing is still in its nascent stages with companies like IBM, Google, and startups like Rigetti Computing and D-Wave Systems making advancements. The article explains that quantum computers could revolutionize fields like cryptography, drug discovery, and complex system simulations due to their ability to perform calculations at speeds unattainable by classical computers. However, challenges such as error rates, qubit stability, and the need for extremely low temperatures for operation are currently limiting practical applications. The author suggests that while there is considerable investment and interest, the technology's commercial viability is still years away, with most companies focusing on research, development, and building infrastructure rather than generating revenue. The piece also touches on the strategic investments by tech giants and the potential for quantum computing to disrupt various industries once it matures.

Read the Full Seeking Alpha Article at [ https://seekingalpha.com/article/4740767-quantum-computing-i-dont-expect-big-revenues-until-2030-plus ]

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