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Amazon Web Services has proudly revealed that the first completely private expedition to the International Space Station carried one of its Snowcone storge appliances, and that the device worked as advertised.

The Snowcone is a rugged shoebox-sized unit packed full of disk drives specifically 14 terabytes of solid-state disk a pair of VCPUs and 4GB of RAM. The latter two components mean the Snowcone can run either EC2 instances or apps written with AWSs Greengrass IoT product. In either case, the idea is that you take a Snowcone into out-of-the-way places where connectivity is limited, collect data in situ and do some pre-processing on location. Once you return to a location where bandwidth is plentiful, it's assumed you'll upload the contents of a Snowcone into AWS and do real work on it there.

AWS sent this Snowcone aloft with the crewed Axiom Space mission to the ISS in April 2022. The four astronauts conducted a variety of experiments during their 17-day rotation, which stored data on the Snowcone.

AWS hardened the device to ensure it could survive the trip. Axiom and AWS were able to communicate with the device, which worked as intended and processed data it stored. The cloud colossus has hailed this achievement as proving that processing data on Snowcones can work even in edge locations as extreme as the ISS.

Which is true and yay and all. But let's not forget that the ISS houses myriad computers and has done for years. Running a computer up there does require a combination of rocket science and computer science, but humanity has already well and truly proven it can put them both to work on the space station.

Even for computers that are far more modest than an AWS Snowcone such as the Raspberry Pi.

The Pi Foundation and the European Space Agency have sent several AstroPi machines to the ISS. Just like AWS, those units were prepared especially for the rigors of space travel and were used to run multiple workloads.

The Pi guys even revealed an updated design last year, and this week reported the two units sent aloft in late 2021 have now run 17,168 programs written by young people from 26 countries.

The Register leaves the decision about which is the more impressive and/or inspiring achievement to you.

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AWS sent edgy appliance to the ISS and it worked just like all the other computers up there - The Register

If the future influenced the past, that would be retrocausality. As Victor Bhaura puts it,

Retrocausality means that, when an experimenter chooses the measurement setting with which to measure a particle, that decision can influence the properties of that particle (or another one) in the past, even before the experimenter made their choice. In other words, a decision made in the present can influence something in the past.

Bhaura reminds us of a limerick called Relativity from 1923:

There was a young lady named BrightWhose speed was far faster than light;She set out one dayIn a relative wayAnd returned on the previous night.

Now, if Bright was exceeding the speed of light, she was already violating the laws of physics for entities as large as ourselves and she could well end up going backward in time, according to philosopher of mathematics Sam Baron.

But, as Bhaura has noted, quantum particles do not follow such rules. In 2019, scientists showed that time travel is theoretically possible by sending a simulated particle back in time via a quantum computer. A quantum computer doesnt use 1s and 0s (bits) but rather qubits, which are simultaneously 1s and 0s. Thats much faster. Yes, quantum systems can do that. Its why Albert Einstein called them spooky.

Since quantum mechanics is about probability (not certainty), success was no guarantee. However, in a two-qubit quantum computer, the algorithm managed a time jump an impressive 85 percent of the time. When it was upped to three qubits, the success rate dropped to about 50 percent, which the authors attributed to imperfections in current quantum computers.

The particle was simulated because the amount of force required to send an actual particle back in time exceeded natural capabilities:

This experiment also shows us that sending even a simulated particle back in time requires serious outside manipulation. To create such an external force to manipulate even one physical particles quantum waves is well beyond our abilities.

We demonstrate that time-reversing even ONE quantum particle is an unsurmountable task for nature alone, study author Vinokur wrote to the New York Times in an email [emphasis original]. The system comprising two particles is even more irreversible, let alone the eggs comprising billions of particles we break to prepare an omelet.

Thats the reason that time travel into the past, as in H. G. Wellss The Time Machine, is impractical. It may also be futile if the object is to change anything because that is unlikely to be possible.

Meanwhile, in 2021, another team of physicists offered calculations proposing that quantum particles can move forward as well as backward in time again because of quantum superposition:

According to the principle of quantum superposition, individual units ( for instance, of light) can exist in two states at once, both as waves and particles, manifesting as one or the other depending on what youre testing. Rubinos team looked at a quantum superposition with a state that evolves both backward and forward in time. Measurements showed that more often than not, the system ended up moving forward in time. But for small entropy changes, the system could actually continue to evolve both forward and backward in time.

The paper is open access.

Team leader Giulia Rubio stresses, that still wouldnt move us. But there may be another way, as we shall see Christian apologist C.S. Lewis (18981963), who read and wrote science fiction, pointed out that the present and future can change the past. If we assume that God exists and God is not in time, an action taken now could influence an event in the past. He offers an illustration:

When we are praying about the result, say, of a battle or a medical consultation the thought will often cross our minds that (if only we knew it) the event is already decided one way or the other. I believe this to be no good reason for ceasing our prayers. The event certainly has been decided in a sense it was decided before all worlds. But one of the things taken into account in deciding it, and therefore one of the things that really cause it to happen, may be this very prayer that we are now offering.

Thus, shocking as it may sound, I conclude that we can at noon become part causes of an event occurring at ten oclock. (Some scientists would find this easier than popular thought does.) The imagination will, no doubt, try to play all sorts of tricks on us at this point. It will ask, Then if I stop praying can God go back and alter what has already happened? No. The event has already happened and one of its causes has been the fact that you are asking such questions instead of praying. It will ask, Then if I begin to pray can God go back and alter what has already happened? No. The event has already happened and one of its causes is your present prayer. Thus something does really depend on my choice. My free act contributes to the cosmic shape. That contribution is made in eternity or before all worlds; but my consciousness of contributing reaches me at a particular point in the time-series.

There is another way in which the present can change the past. Suppose a woman has made rather a mess of her life and reaches a crisis point. Two possibilities: 1. She gives up and sinks further into misery and despair. 2. She decides to seek help and, on getting it, turns her life around becoming, in time, a support to others.

As she looks back on her life in the first scenario, she will see a bleak, grim born to lose picture, punctuated by disasters, the worst of which was perhaps that crisis point, after which she just gave up

In the second scenario, looking back from some years distance, she sees a very different past: That crisis point is the moment I decided, I to do whatever it takes to free myself! All the other events of note are now remembered as steps, forward or backward, on a journey to a more meaningful life.

Perhaps thats one of the roles that free will plays in our lives. It changes the past not by changing the events but by making them mean different things. And after all, the main reason we care about the past is its meaning. So there is a sense this sense in which we can really travel back and change the past, by changing its meaning.

You may also wish to read:

A form of time travel that might be possible In world of entropy, time runs in one direction and reversing it would create impossible contradictions, physicists say. The time travel that is likely to be possible would be like having a very good four-dimensional memory it recreates events but it doesnt change them.

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Can the Future Reach Back and Affect the Past? - Walter Bradley Center for Natural and Artificial Intelligence

NEW YORK, June 19, 2022 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of IonQ, Inc. (: IONQ), Energy Transfer LP (: ET), Digital Turbine, Inc. ( APPS), and Teladoc Health, Inc. (: TDOC). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.

IonQ, Inc. (: IONQ)

Class Period: March 20, 2021 May 2, 2022

Lead Plaintiff Deadline: August 1, 2022

On May 3, 2022, Scorpion Capital released a research report alleging, among other things, that IonQ is a scam built on phony statements about nearly all key aspects of the technology and business. It further claimed that the Company reported [f]ictitious revenue via sham transactions and related-party round-tripping.

On this news, the Companys stock fell $0.71, or 9%, to close at $7.15 per share on May 3, 2022, on unusually heavy trading volume.

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Companys business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that IonQ had not yet developed a 32-qubit quantum computer; (2) that the Companys 11-qubit quantum computer suffered from significant error rates, rendering it useless; (3) that IonQs quantum computer is not sufficiently reliable, so it is not accessible despite being available through major cloud providers; (4) that a significant portion of IonQs revenue was derived from improper round-tripping transactions with related parties; and (5) that, as a result of the foregoing, Defendants positive statements about the Companys business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

For more information on the IonQ class action go to: https://bespc.com/cases/IONQ

Energy Transfer LP (: ET)

Class Period: April 13, 2017 December 20, 2021

Lead Plaintiff Deadline: August 2, 2022

Energy Transfer is a Delaware company headquartered in Dallas, Texas. Energy Transfer is a company engaged in natural gas and propane pipeline transport. It was founded in 1996 and became a publicly traded partnership in 2006. The Partnership through its subsidiaries provides transportation, storage, and terminalling services for products like natural gas, crude oil, NGL, and refined products. The Partnership also constructs natural gas pipelines through its various subsidiaries.

On April 13, 2017, the horizontal directional drilling activities ("HDD") for the Rover Pipeline Project, one of the Partnership's natural gas pipeline construction projects, caused a large inadvertent release of drilling mud near the Tuscarawas River in Ohio. On August 8, 2019, Energy Transfer filed its quarterly report on Form 10-Q with the SEC, reporting the Partnership's financial and operating results for the second quarter ended June 30, 2019. This quarterly report disclosed that two years earlier, in mid-2017 the Federal Energy Regulatory Commission ("FERC")'s Enforcement Staff began a formal investigation "regarding allegations that diesel fuel may have been included in the drilling mud at the Tuscarawas River HDD." On this news, the price of Energy Transfer stock declined $0.65, or 4.6% over two trading days, to close at $13.38 on August 12, 2019.

Then, on December 16, 2021, FERC publicly issued to Energy Transfer the Order To Show Cause and Notice of Proposed Penalty, which directed the Partnership to show cause why it should not be assessed a civil penalty in the amount of $40,000,000. The order presented the allegation by the Enforcement Staff that the HDD crews intentionally included diesel fuel and other toxic substances and unapproved additives in the drilling mud during its HDDs under the Tuscarawas River. On this news, the price of Energy Transfer shares declined $0.24, or 2.8% over the course of two trading days, to close at $8.25, on December 20, 2021.

The Complaint alleges Energy Transfer concealed and misrepresented that: (a) Energy Transfer had inadequate internal controls and procedures to prevent contractors from engaging in illegal conduct with regards to drilling activities, and/or failed to properly mitigate known issues related to such controls and procedures; (b) Energy Transfer through its subsidiary hired third-party contractors to conduct HDDs for the Rover Pipeline Project, whose conduct of adding illegal additives in the drilling mud caused severe pollution near the Tuscarawas River when the April 13 Release took place; and (c) Energy Transfer continually downplayed its potential civil liabilities when FERC was actively investigating the Partnership's wrongdoing related to the April 13 Release and consistently provided it with updated information about FERC's findings on this matter.

For more information on the Energy Transfer class action go to: https://bespc.com/cases/ET

Digital Turbine, Inc. ( APPS)

Class Period: August 9, 2021 May 17, 2022

Lead Plaintiff Deadline: August 5, 2022

Digital Turbine is a software company that delivers products to assist third parties in monetizing through the utilization of mobile advertising. The Company completed the acquisitions of AdColony Holdings AS (AdColony) and Fyber N.V. (Fyber) on April 29 and May 25, 2021, respectively.

On May 17, 2022, Digital Turbine issued a press release revealing that it will restate its financial statements for the interim periods ended June 30, 2021, September 30, 2021, and December 31, 2021, following a review of the presentation of revenue net of license fees and revenue share for the Companys recently acquired businesses."

On this news, the Companys shares fell $1.93, or 7.1%, to close at $25.28 per share on May 18, 2022, on unusually heavy trading volume.

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Companys business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the Companys recent acquisitions, AdColony and Fyber, act as agents in certain of their respective product lines; (2) that, as a result, revenues for those product lines must be reported net of license fees and revenue share, rather than on a gross basis; (3) that the Companys internal control over financial reporting as to revenue recognition was deficient; and (4) that, as a result of the foregoing, the Companys net revenues was overstated throughout fiscal 2022; and (5) that, as a result of the foregoing, Defendants positive statements about the Companys business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

For more information on the Digital Turbine class action go to: https://bespc.com/cases/APPS

Teladoc Health, Inc. (: TDOC)

Class Period: October 28, 2021 April 27, 2022

Lead Plaintiff Deadline: August 5, 2022

Teladoc provides virtual healthcare services in the U.S. and internationally through Business-to-Business (B2B) and Direct-to-Consumer (D2C) distribution channels. The Company offers its customers various virtual products and services addressing, among other medical issues, mental health through its BetterHelp D2C product, and chronic conditions.

Teladoc touts itself as the first and only company to provide a comprehensive and integrated whole person virtual healthcare solution that both provides and enables care for a full spectrum of clinical conditions[.] Despite recent market concerns over new entrants to the telehealth field, such Amazon.com, Inc. (Amazon) and Walmart Inc. (Walmart), the Company has continued to assure investors of the Companys dominant market position in the industry.

In fact, as recently as February 2022, Teladoc forecasted full year (FY) 2022 revenue of $2.55 - $2.65 billion, as well as adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $330 - $355 million, on anticipated continued growth through its competitive advantages.

Throughout the Class Period, Defendants made materially false and misleading statements regarding the Companys business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) increased competition, among other factors, was negatively impacting Teladocs BetterHelp and chronic care businesses; (ii) accordingly, the growth of those businesses was less sustainable than Defendants had led investors to believe; (iii) as a result, Teladocs revenue and adjusted EBITDA projections for FY 2022 were unrealistic; (iv) as a result of all the foregoing, Teladoc would be forced to recognize a significant non-cash goodwill impairment charge; and (v) as a result, the Companys public statements were materially false and misleading at all relevant times.

On April 27, 2022, Teladoc announced its first quarter (Q1) 2022 financial results, including revenue of $565.4 million, which missed consensus estimates by $3.23 million, and [n]et loss per share of $41.58, primarily driven by [a] non-cash goodwill impairment charge of $6.6 billion or $41.11 per share[.] Additionally, the Company revised its FY 2022 revenue guidance to $2.4 - $2.5 billion and adjusted EBITDA guidance to $240 - $265 million to reflect dynamics we are currently experiencing in the [D2C] mental health and chronic condition markets. On a conference call with investors and analysts that day to discuss Teladocs Q1 2022 results, Defendants largely attributed the Companys poor performance, revised FY 2022 guidance, and $6.6 billion non-cash goodwill impairment charge to increased competition in its BetterHelp and chronic care businesses.

On this news, Teladocs stock price fell $22.48 per share, or 40.15%, to close at $33.51 per share on April 28, 2022.

For more information on the Teladoc class action go to: https://bespc.com/cases/TDOC

About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit http://www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information:

Bragar Eagel & Squire, P.C.Brandon Walker, Esq. Melissa Fortunato, Esq.(212) 355-4648[emailprotected]www.bespc.com

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Bragar Eagel & Squire, PC Reminds Investors That Class Action Lawsuits Have Been Filed Against IonQ, Energy Transfer, Digital Turbine, and Teladoc...

Quantum computing is an area of study focused on the development of computer based technologies centered around the principles ofquantum theory. Quantum theory explains the nature and behavior of energy and matter on thequantum(atomic and subatomic) level. Quantum computing uses a combination ofbitsto perform specific computational tasks. All at a much higher efficiency than their classical counterparts. Development ofquantum computersmark a leap forward in computing capability, with massive performance gains for specific use cases. For example quantum computing excels at like simulations.

The quantum computer gains much of its processing power through the ability for bits to be in multiple states at one time. They can perform tasks using a combination of 1s, 0s and both a 1 and 0 simultaneously. Current research centers in quantum computing include MIT, IBM, Oxford University, and the Los Alamos National Laboratory. In addition, developers have begun gaining access toquantum computers through cloud services.

Quantum computing began with finding its essential elements. In 1981, Paul Benioff at Argonne National Labs came up with the idea of a computer that operated with quantum mechanical principles. It is generally accepted that David Deutsch of Oxford University provided the critical idea behind quantum computing research. In 1984, he began to wonder about the possibility of designing a computer that was based exclusively on quantum rules, publishing a breakthrough paper a few months later.

Quantum Theory

Quantum theory's development began in 1900 with a presentation by Max Planck. The presentation was to the German Physical Society, in which Planck introduced the idea that energy and matter exists in individual units. Further developments by a number of scientists over the following thirty years led to the modern understanding of quantum theory.

Quantum Theory

Quantum theory's development began in 1900 with a presentation by Max Planck. The presentation was to the German Physical Society, in which Planck introduced the idea that energy and matter exists in individual units. Further developments by a number of scientists over the following thirty years led to the modern understanding of quantum theory.

The Essential Elements of Quantum Theory:

Further Developments of Quantum Theory

Niels Bohr proposed the Copenhagen interpretation of quantum theory. This theory asserts that a particle is whatever it is measured to be, but that it cannot be assumed to have specific properties, or even to exist, until it is measured. This relates to a principle called superposition. Superposition claims when we do not know what the state of a given object is, it is actually in all possible states simultaneously -- as long as we don't look to check.

To illustrate this theory, we can use the famous analogy of Schrodinger's Cat. First, we have a living cat and place it in a lead box. At this stage, there is no question that the cat is alive. Then throw in a vial of cyanide and seal the box. We do not know if the cat is alive or if it has broken the cyanide capsule and died. Since we do not know, the cat is both alive and dead, according to quantum law -- in a superposition of states. It is only when we break open the box and see what condition the cat is in that the superposition is lost, and the cat must be either alive or dead.

The principle that, in some way, one particle can exist in numerous states opens up profound implications for computing.

A Comparison of Classical and Quantum Computing

Classical computing relies on principles expressed by Boolean algebra; usually Operating with a 3 or 7-modelogic gateprinciple. Data must be processed in an exclusive binary state at any point in time; either 0 (off / false) or 1 (on / true). These values are binary digits, or bits. The millions of transistors and capacitors at the heart of computers can only be in one state at any point. In addition, there is still a limit as to how quickly these devices can be made to switch states. As we progress to smaller and faster circuits, we begin to reach the physical limits of materials and the threshold for classical laws of physics to apply.

The quantum computer operates with a two-mode logic gate:XORand a mode called QO1 (the ability to change 0 into a superposition of 0 and 1). In a quantum computer, a number of elemental particles such as electrons or photons can be used. Each particle is given a charge, or polarization, acting as a representation of 0 and/or 1. Each particle is called a quantum bit, or qubit. The nature and behavior of these particles form the basis of quantum computing and quantum supremacy. The two most relevant aspects of quantum physics are the principles of superposition andentanglement.

Superposition

Think of a qubit as an electron in a magnetic field. The electron's spin may be either in alignment with the field, which is known as aspin-upstate, or opposite to the field, which is known as aspin-downstate. Changing the electron's spin from one state to another is achieved by using a pulse of energy, such as from alaser. If only half a unit of laser energy is used, and the particle is isolated the particle from all external influences, the particle then enters a superposition of states. Behaving as if it were in both states simultaneously.

Each qubit utilized could take a superposition of both 0 and 1. Meaning, the number of computations a quantum computer could take is 2^n, where n is the number of qubits used. A quantum computer comprised of 500 qubits would have a potential to do 2^500 calculations in a single step. For reference, 2^500 is infinitely more atoms than there are in the known universe. These particles all interact with each other via quantum entanglement.

In comparison to classical, quantum computing counts as trueparallel processing. Classical computers today still only truly do one thing at a time. In classical computing, there are just two or more processors to constitute parallel processing.EntanglementParticles (like qubits) that have interacted at some point retain a type can be entangled with each other in pairs, in a process known ascorrelation. Knowing the spin state of one entangled particle - up or down -- gives away the spin of the other in the opposite direction. In addition, due to the superposition, the measured particle has no single spin direction before being measured. The spin state of the particle being measured is determined at the time of measurement and communicated to the correlated particle, which simultaneously assumes the opposite spin direction. The reason behind why is not yet explained.

Quantum entanglement allows qubits that are separated by large distances to interact with each other instantaneously (not limited to the speed of light). No matter how great the distance between the correlated particles, they will remain entangled as long as they are isolated.

Taken together, quantum superposition and entanglement create an enormously enhanced computing power. Where a 2-bit register in an ordinary computer can store only one of four binary configurations (00, 01, 10, or 11) at any given time, a 2-qubit register in a quantum computer can store all four numbers simultaneously. This is because each qubit represents two values. If more qubits are added, the increased capacity is expanded exponentially.

Quantum Programming

Quantum computing offers an ability to write programs in a completely new way. For example, a quantum computer could incorporate a programming sequence that would be along the lines of "take all the superpositions of all the prior computations." This would permit extremely fast ways of solving certain mathematical problems, such as factorization of large numbers.

The first quantum computing program appeared in 1994 by Peter Shor, who developed a quantum algorithm that could efficiently factorize large numbers.

The Problems - And Some Solutions

The benefits of quantum computing are promising, but there are huge obstacles to overcome still. Some problems with quantum computing are:

There are many problems to overcome, such as how to handle security and quantum cryptography. Long time quantum information storage has been a problem in the past too. However, breakthroughs in the last 15 years and in the recent past have made some form of quantum computing practical. There is still much debate as to whether this is less than a decade away or a hundred years into the future. However, the potential that this technology offers is attracting tremendous interest from both the government and the private sector. Military applications include the ability to break encryptions keys via brute force searches, while civilian applications range from DNA modeling to complex material science analysis.

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What is quantum computing? - TechTarget

Quantum computing is on the rise. Maybe not yet for the mainstream, but governments and industry giants have taken notice. Goldman Sachs is to introduce quantum algorithms in their pricing. Meanwhile, the US government added Chinese quantum computing firms to their export blacklist.

This level of attention is there for a good reason. Quantum computing is indomitable and could increase efficiency in various fields. Heres a quick lowdown on why its such a big deal.

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Quantum computing leverages the laws of quantum mechanics identified by physics. This branch of physics studies how the universe works at a subatomic level. Two of its properties, superposition, and entanglement, can be used to innovate computing as we know it today.

Superposition is the property that allows two different states to define a system. It is not just one or another, but it can be both at a given time. In classic computing, computers work through bits that have a value of either 1 or 0. Quantum computing uses an equivalent called qubits, which can have two values at a given time.

Quantum entanglement describes the phenomenon where quantum particles stay connected. No matter the distance, quantum particles maintain a connection with one another. What affects one particle can affect another.

These quantum properties translated to computing technology provide promising prospects. These are especially useful when exploring possibilities or going through massive amounts of data.

This is an entirely different way of computing from what we use today. Quantum computing, although a nascent technology, can lead to great leaps in innovation.

This emerging technology is flexible and can have significant applications in various industries. Here are a few key areas we can monitor.

Manufacturing requires efficient processes and designs to produce high-quality products.

The design process can be incredibly tedious. Industrial designers need to consider multiple variables to craft a working product. This is especially important in machinery, transportation, and electronics.

For example, designers often need several drafts when manufacturing a high-speed jet. This process ensures that they have the most efficient wing design for high speeds. It also applies to other key parts of the machine.

Quantum computing can help designers fish through the different possibilities faster. This technology can help them save time and create better designs for a better product.

It can also help manufacturers troubleshoot better. They can give a quantum computer their data on machine failure, and it can help figure out the problem areas.

Logistics is often a time and location-sensitive industry. Thus, it would benefit a lot from optimizing processes. There are a lot of factors to consider when transporting something from one place to another. You have supply chains, vehicle availability, traffic, and customer expectations, among others.

Quantum computing can help companies figure out the best routes for every shipment. This technology also considers real-life factors, such as weather and traffic.

Adopting quantum technology can change the game and fulfill customer standards for logistics. DHL and other logistics companies are already eyeing it as a trend with great potential.

Financial procedures often rely on a lot of complex mathematical processes. Analysts deal with many variables to predict possible outcomes of the market. Major events can require fast-paced responses that classic computers struggle to do.

Quantum computing can help make more accurate simulations and predictions of market activity. They are also a lot better at Monte Carlo simulations than traditional methods.

In finance, a Monte Carlo simulation allows analysts to look at many possible outcomes from an array of variables. These results help us understand the risks and possibilities, especially in financial forecasting. Quantum tech reduces the time and effort required for such operations.

Banking and financial giants recognize the possible applications of this emerging tech. JP Morgan Chase and Wells Fargo have already invested in quantum computing, powering the future of finance.

Chemical engineering deals with the manipulation of atoms and molecules. The field itself involves the application of quantum principles.

It is also a widely-encompassing field. Chemical engineering has applications in manufacturing, healthcare, construction, food processing, electronics, etc.

With such a wide variety of chemical configurations available, it can take time to find the right one. Quantum computing can help speed up these processes.

This application is beneficial in pharmaceuticals and vaccine development. Our experience with the COVID-19 pandemic has emphasized the need for urgent solutions.

Artificial intelligence is another emergent technology already making waves in the mainstream. It involves teaching machines vast amounts of knowledge to perform various tasks.

AI already has many applications in various fields. These include healthcare, e-commerce, education, finance, security, and media, among others.

Quantum computing can be a significant help in AI efforts. AI development requires the processing of vast amounts of data for machine learning. This helps the AI recognize patterns and make decisions better.

Although classic computing is doing its job, AI would benefit a lot from quantum tech. Faster processing can lead to better AI performance. Eventually, this can result in more human-like responses from AI.

If quantum computing is so great, why arent more industries using it? There are a few challenges that come with using quantum computing today.

The first issue is the complexity of quantum computing processes. Quantum computers are difficult to engineer and program. Thus it becomes challenging to find skilled individuals to operate and maintain the necessary machinery.

At the moment, quantum computers also require protected environments to operate. Yet, they make many mistakes due to the fragility of maintaining superposition and entanglement. They are also costly to maintain, so only large companies have them so far.

Quantum computing is still an emergent technology. It is not yet the standard, though many industry leaders see it in their future. It does have significant potential. But, it still needs further development to get into the mainstream.

Excerpt from:
Applications of Quantum Computing | IEEE Computer Society