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Quantum computing can soon address many of the worlds toughest, most urgent problems.

Thats why the semiconductor legislation Congress just passed is part of a $280 billion package that will, among other things, direct federal research dollars toward quantum computing.

Quantum computing will soon be able to:

The economy and the environment are clearly two top federal government agenda items.Congress in July was poised to pass the most ambitious climate bill in U.S. history. The New York Times said that the bill would pump hundreds of billions of dollars into low-carbon energy technologies like wind turbines, solar panels and electric vehicles and would put the United States on track to slash its greenhouse gas emissions to roughly 40% below 2005 levels by 2030. This could help to further advance and accelerate the adoption of quantum computing.

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Because quantum technology can solve many previously unsolvable problems, a long list of the worlds leading businesses including BMW and Volkswagen, FedEx, Mastercard and Wells Fargo, and Merck and Roche are making significant quantum investments. These businesses understand that transformation via quantum computing, which is quickly advancing with breakthrough technologies, is coming soon. They want to be ready when that happens.

Its wise for businesses to invest in quantum computing because the risk is low and the payoff is going to be huge. As BCG notes: No one can afford to sit on the sidelines as this transformative technology accelerates toward several critical milestones.

The reality is that quantum computing is coming, and its likely not going to be a standalone technology. It will be tied to the rest of the IT infrastructure supercomputers, CPUs and GPUs.

This is why companies like Hewlett Packard Enterprise are thinking about how to integrate quantum computing into the fabric of the IT infrastructure. Its also why Terra Quantum AG is building hybrid data centers that combine the power of quantum and classical computing.

Amid these changes, employees should start now to get prepared. There is going to be a tidal wave of need for both quantum Ph.D.s and for other talent such as skilled quantum software developers to contribute to quantum efforts.

Earning a doctorate in a field relevant to quantum computing requires a multi-year commitment. But obtaining valuable quantum computing skills doesnt require a developer to go back to college, take out a student loan or spend years studying.

With modern tools that abstract the complexity of quantum software and circuit creation, developers no longer require Ph.D.-level knowledge to contribute to the quantum revolution, enabling a more diverse workforce to help businesses achieve quantum advantage. Just look at the winners in the coding competition that my company staged. Some of these winners were recent high school graduates, and they delivered highly innovative solutions.

Leading the software stack, quantum algorithm design platforms allow developers to design sophisticated quantum circuits that could not be created otherwise. Rather than defining tedious low-level gate connections, this approach uses high-level functional models and automatically searches millions of circuit configurations to find an implementation that fits resource considerations, designer-supplied constraints and the target hardware platform. New tools like Nvidias QODA also empower developers by making quantum programming similar to how classical programming is done.

Developers will want to familiarize themselves with quantum computing, whichwill be an integral arrow in their metaphorical quiver of engineering skills. People who add quantum skills to their classical programming and data center skills will position themselves to make more money and be more appealing to employers in the long term.

Many companies and countries are experimenting with and adopting quantum computing. They understand that quantum computing is evolving rapidly and is the way of the future.

Whether you are a business leader or a developer, its important to understand that quantum computing is moving forward. The train is leaving the station will you be on board?

Erik Garcell is technical marketing manager at Classiq.

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The world, and todays employees, need quantum computing more than ever - VentureBeat

Its oft said, but bears repeating: The money in the 49er Gold Rush was made by the suppliers much more than the miners. Enduring companies were built by selling picks, shovels and blue jeans.

The story plays out again today. Behind each breakthrough in quantum computing qubit-counts is a large collection of laboratory test equipment. Signal generators, arbitrary waveform generators, digitizers, oscilloscopes, spectrum analyzers and network analyzers are vital as quantum players coax ions, photons and superconducting qubits into calculating problems.

Thoughts along this line piqued our interest as we took part in the quantum computing portions of Keysight Technologies online Keysight World Innovate conference, held recently. Keysight, and competitors such as Anritsu and Tektronix, are busy coming up with tooling to scale the quantum cliffs.

Theres a lot of excitement about this technology and governments all around the world are investing in the research and development required to scale this up, Shohini Ghose, Ph.D., a quantum physicist at Wilfrid Laurier University, said in a keynote at Keysight World.

Its a very exciting time, [but] its not quite clear where this technology will go, she said.

Ghoses emphasis on large-scale investment is borne out by the numbers. Estimates of government and private efforts to spur quantum science and technology, according to Quantum Resources and Careers (QURECA), point to current worldwide investments reaching almost $30 billion, with the overall global quantum technology market projected to reach $42.4 billion by 2027.

Quantum R&D labs likely make up a small portion of the overall test and measurement market, which is expected to increase modestly from $27.7 billion in 2021 to $33.3 billion in 2026. But the market for testing tools used in quantum R&D labs will grow if the promise of quantum computing is to be successfully tapped.

A central part of Keysights test bed for development of quantum computers, sensors and network equipment is its Quantum Control System (QCS), which was introduced in June. QCS components support direct digital conversion of signals and include low-noise distributed clocking. A Keysight manager explained how that works and why it matters in testing.

QCS leverages FPGA timing and synchronizations for multichannel and multichassis operations, said Giampaolo Tardioli, vice president for Keysights Communications Solutions Group, speaking at the event.

Such traits are important as the quantum community looks to scale up its qubit counts. Important as well is software support, added Tardioli, who pointed to Keysights work to support QCS with Python APIs.

Keysights credentials for the quantum quest could not feature more vaunted lineage, as the company grew out of the original Hewlett-Packard test equipment that sprung from the Palo Alto, California, garage of Messrs. Hewlett and Packard in the 1930s. The garage is regularly cited as the birthplace of Silicon Valley.

Keysight has pursued quantum lab tech both organically (almost 100 scientists and engineers were involved in the creation of QCS) and through acquisition. Its quantum road map includes acquisition of modular measurement startup Signadyne in 2016, qubit control software maker Labber in 2020 and error diagnostics specialist Quantum Benchmark in 2021.

Although they still lag behind classical computers by most measures, quantum computers have made steady and perhaps increasing progress in recent years.

But many challenges lie ahead before quantum computers can be integrated into business operations, according to Patrick Moorhead, CEO and chief analyst, Moor Insights and Strategy, who spoke at Keysight World.

The biggest hurdle to jump over is error correction, Moorhead said, noting that a classic computer can do trillions of calculations before it gets an error, but such errors in quantum systems today tend to occur after about 100 to 200 calculations.

Much of Keysights quantum test focus these days is on understanding the impact of errors and how current techniques can remove or elude them. Its an important part of understanding just where the industry is on the road to quantum adoption.

For his part, Moorhead said his analyst firm is expecting a major breakthrough in error correction sometime this year. Even then, there is more prospective work ahead.

If error correction research is progressing at the rate we believe, it could take three to five years until it is usable in systems, he said.

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Keyed in to quantum computing lab testing at Keysight World - VentureBeat

DUBAI, United Arab of Emirates--(BUSINESS WIRE)--Breakthroughs in quantum computing will enable humans to cure diseases like cancer, Alzheimers, and Parkinsons as easily as we treat the common cold.

That was one of the major insights to emerge from the Dubai Future Forum, with renowned theoretical physicist Dr. Michio Kaku telling the worlds largest gathering of futurists that humanity should brace itself for major transformations in healthcare.

The forum concluded with a call for governments to institutionalize foresight and engrain it within decision making.

Taking place in Dubai, UAE at the Museum of the Future, Amy Webb, CEO of Future Today Institute, criticized nations for being too pre-occupied with the present and too focused on creating white papers, reports and policy recommendations instead of action.

Nowism is a virus. Corporations and governments are infected, she said.

One panel session heard how humans could be ready to test life on the Moon in just 15 years and be ready for life on Mars in another decade. Sharing his predictions for the future, Dr. Kaku also said there is a very good chance humans will pick up a signal from another intelligent life form this century.

Dr. Jamie Metzl, Founder and Chair, OneShared.World, urged people to eat more lab-grown meat to combat global warming and food insecurity.

If we are treating them like a means to an end of our nutrition, wouldnt it be better instead of growing the animal, to grow the meat? he said.

Among the 70 speakers participating in sessions were several UAE ministers. HE Mohammad Al Gergawi, UAE Minister of Cabinet Affairs, Vice Chairman, Board of Trustees and Managing Director of the Dubai Future Foundation, said ministers around the world should think of themselves as designers of the future. Our stakeholders are 7.98 billion people around the world, he noted.

Dubais approach to foresight was lauded by delegates, including HE Omar Sultan Al Olama, UAE Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, who said: What makes our city and nation successful is not natural resources, but a unique ability to embrace all ideas and individuals.

More than 30 sessions covered topics including immortality, AI sentience, climate change, terraforming, genome sequencing, legislation, and the energy transition.

*Source: AETOSWire

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Cancer to Be Treated as Easily as Common Cold When Humans Crack Quantum Computing - Business Wire

CERN has joined a coalition of science and industry partners proposing the creation of an Open Quantum Institute. This institute will work to ensure that emerging quantum technologies are put to use to tackle key societal challenges. The proposal is being made through GESDA, the Geneva Science and Diplomacy Anticipator Foundation, in collaboration with leading research institutes and technology companies. Other founding supporters of the Open Quantum Institute include the University of Geneva, the Swiss Federal Institutes of Technology in Zurich (ETH) and Lausanne (EPFL), Microsoft and IBM.

The proposal was launched at the 2022 GESDA Summit. During her address at the event, CERN Director-General Fabiola Gianotti highlighted the potential of quantum computing and other associated quantum technologies to help achieve key UN Sustainable Development Goals.

Asit did for the creationofCERN, Geneva can play a key rolein bringing science and diplomacy to recognise theimportance of working together,in order to develop real-world applications for transformative technologies, says Gianotti, who is also a member of the GESDA Foundations board. The Open Quantum Institute will benefit from CERN's experience of uniting people from across the globe to push the frontiers of science and technology for the benefit of all. We will work to ensure that quantum technologies have a positive impact for all of society."

CERN has long recognised the potential of quantum technologies. In 2020, the Organization launched the CERN Quantum Technology Initiative (QTI), which is exploring the potential of these breakthrough new technologies for particle physics and beyond, in collaboration with its Member States and other key stakeholders. Today, the initiative runs 20 R&D projects, many of which are carried out in collaboration with leading technology companies through the CERN openlab framework.

By the nature of its research and the technologies it develops, CERN is well positioned to make significant contributions to the quantum revolution, says Alberto Di Meglio, head of CERN QTI and CERN openlab. Building on the Laboratorys collaborative culture and proven track record of developing breakthrough technologies, CERN QTI provides a platform for innovation.

This platform builds on national quantum initiatives in CERNs Member States and beyond, fostering pioneering new applications of quantum technologies both for science and society, explains Di Meglio. Experience and knowhow from the CERN QTI will feed into the Open Quantum Institute, helping to fulfil its mission of maximising the societal impact of these technologies.

As the next step in the process, the GESDA Foundation will launch a survey to help shape the priorities of the Open Quantum Institute, which will begin its incubation phase in 2023. Members of the institute will work to engage further with UN organisations, quantum scientists and industry leaders over the coming months.

Find out more on the GESDA website. Full details on the Open Quantum Institute can be found in the announcement published by the GESDA Foundation today.

On 1-4 November, CERN will host a special conference on the use of quantum technologies to support particle physics. Find out more about this here.

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CERN joins with leaders from research and industry to propose an Open Quantum Institute - CERN

As we look at some of the future technologies that are shaping the world today, investors can turn to exchange traded fund strategies to capture these growing opportunities.

In the recent webcast, Invest in Tomorrows Disruptive Technology Today, Sylvia Jablonski, CEO and CIO of Defiance ETFs, noted that the global quantum computing market could be worth $949 million by 2025, compared to a global market value of $89 million back in 2016, projecting a growth rate of more than 10 times by 2025.

Jablonski argued that growth will only accelerate in the quantum computing space as the technology matures. For example, the quantum computing growth of quantum computing systems produced by organizations in qubits was only two back in 1998 but has jumped to 128 as of 2019.

Looking ahead, Jablonski estimated a 43% compound growth rate of the quantum computing industry from 2020 through 2030.

Many will continue to adopt the quantum computing algorithm due to its polynomial runtime, which decreases the time needed to solve complex problems. For example, a problem that requires 3,300 years to solve under a classical algorithm with exponential runtime would take only take 11 minutes under a quantum algorithm with polynomial runtime.

Quantum computing is already being applied. The banking and finance sub-segment is expected to have the fastest growth in the global market mainly because of the growing adoption of quantum computing.

To access this growing opportunity, investors can take a look at the Defiance Quantum ETF (QTUM), which offers investors liquid, transparent, and low-cost access to companies developing and applying quantum computing and other transformative computing technologies by tracking the BlueStar Quantum Computing and Machine Learning Index.

Along with quantum computing, Paul Dellaquila, president of Defiance ETFs, highlighted the growth potential of next-generation communication services through 5G networking.

Dellaquila noted that the global 5G services market size was estimated at $64.54 billion in 2021 and is expected to hit around $1.87 trillion by 2030, growing at a CAGR of 44.63% during the forecast period of 2022 to 2030.

Looking ahead, Dellaquila anticipated 5G subscriptions to reach 4.4 billion globally by the end of 2027, or the majority of total global mobile subscriptions. More than 615 million 5G devices have already been shipped in 2021. Additionally, there will be an estimated 1.8 billion 5G connections by 2025, led by Asia and the United States.

Dellaquila also pointed out that 5G applications cover a vast swathe of global segments, including enterprises, consumer, and government sectors.

Investors can turn to something like the Defiance Next Gen Connectivity ETF (FIVG) for liquid, transparent, and low-cost access to companies engaged in the research and development or commercialization of systems and materials used in 5G communications.

In addition, Jablonski highlighted the first inverse blockchain ETF, Defiance Daily Short Digitizing the Economy ETF (IBIT), to serve sophisticated investors by offering a convenient and cost-effective way to short up to 80% of the blockchain ecosystem. IBIT aims to reflect the inverse performance of BLOK, the Amplify Transformational Data ETF, daily. IBIT may help reduce the drawdown of these underlying assets or simply benefit by going long with an ETF that captures the fall of the theme.

Financial advisors interested in learning more about disruptive technologies can watch the webcast here on demand.

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ETFs to Help Investors Capture Innovative Growth Ideas of Tomorrow - ETF Trends