Quantum computers could give us the ability to solve complex problems that are far beyond the capabilities of classical computers. Bernard Moore author of Data Strategy, outlines the industries and areas where quantum computers will likely have the greatest impact.

It is no coincidence that the largest tech players, IBM, Google, Microsoft,  and governments around the world have been increasing investment in quantum computing. The US government currently spends in the region of $250 million per year every year on the field. And the European Commission announced that it would be investing one billion euros in a research effort known as the Quantum Technology Flagship.

Quantum computers will disrupt every industry. They will change the way we do business and the security we have in place to safeguard data, how we fight disease and invent new materials, and solve health and climate problems. As the race for the first commercially viable quantum computer heats up, here are just a few ways quantum computing will change our world.

Artificial intelligence

The information processing that it critical to improve machine learning is ideally suited to quantum computing. Quantum computers can analyze large quantities of data to provide AI the feedback required to improve performance.

Quantum computers are able to analyze the data to provide feedback much more efficiently than traditional computers and therefore the learning curve for AI is shortened. Just like humans, AI powered by the insights from quantum computers can learn from experience and self-correct. Quantum computers will enable AI to expand to more industries and help technology become much more intuitive very quickly.

For example, a report published by the Google Research Labs in 2017 suggested that quantum computers could massively improve the management of renewable power generators, aid dynamic pricing for online goods and services, and take warehouse automation and self-driving cars to new frontiers.

Online security

There will be both good and bad elements for online security once there is widespread adoption of quantum computers. The bad – Our current data encryption tactics will become obsolete. Currently, most online security methods count on the fact that it takes an extraordinary amount of time to “crack the code” as computers crunch large numbers.  However, quantum computers will be able to process this information quickly leaving our computers, financial institutions and private information vulnerable.

The good news is that significant work has been done to develop quantum encryption methods such as quantum key distribution, an ultra-secure communication method that requires a key to decipher a message. Thanks to the peculiar properties of quantum mechanics, if the message gets intercepted, no one else can read it. There are currently a growing number of quantum computing companies on the rise including the Swiss Company Quantique.

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Drug development

In order to develop an effective drug, chemists need to evaluate the interactions between molecules, proteins and chemicals to see if medicines will improve certain conditions or cure diseases. Due to the extraordinary amount of combinations that are analyzed, this is time and labor intensive. Since quantum computers can review multiple molecules, proteins and chemicals simultaneously, they make it possible for chemists to determine viable drug options quicker.

Additionally, some drugs are being cancelled in the trial stage even when they might work for a subset of the population. Quantum computing would allow for a person’s genes to be sequenced and analyzed much more rapidly than the methods we use today and would allow for personalized drug development.

Weather Forecasting

Even with sophisticated tools, weather forecasting remains a bit of a guessing game. Just ask anyone who has been caught in a storm with no warning or prepared for a blizzard but ultimately only saw flurries. Since quantum computers can analyze all the data at once, meteorologists will have a much better idea of when bad weather will strike to alert people to ultimately save lives, anguish and money.

The UK Met Office, has already invested in quantum computing technology to help improve forecasting. We can also gain more insight into how we are influencing our climate because quantum computers will help us build better climate models. The sooner we know how things are expected to shift, the better we will be able to prepare and respond to climate change and its impact.

Traffic control

Quantum computers will help to streamline traffic control. They will be able to quickly calculate the optimal routes concurrently which allows for efficient scheduling and would reduce traffic congestion. For similar reasons, quantum computers are also powerful for optimizing supply chains, air traffic control, fleet operations and deliveries.

The Power of Parallelisation 

Instead of troubleshooting issues bit by bit as we do now with classical computers, quantum computers tackle the entire problem at once. This opens the door for amazing developments in every field from financial services to national security. Eric Ladizinsky, co-founder of quantum computing company D-Wave, explained the differences between a tradtional computer and a quantum computer when he spoke at WIRED 2014 conference.

“Imagine that you only have five minutes to find an X written on a page of a book among the 50 million books in the Library of Congress. In this scenario, you would be a regular computer and you would never find the X. But, if you had 50 million parallel realities and you could look at a different book in each of those realities (just like a quantum computer), you would find the X. A quantum computer splits you into 50 million versions of yourself to make the work quick and easy.”

Quantum computers give us the ability to solve complex problems that go far beyond the capabilities of classical computers. We’re heading down an entirely new field of physics, and by its very nature there will be discoveries, innovations and solutions beyond our current comprehension.

Welcome to Quantumbusiness.org! The first news portal dedicated to exploring the quantum computing revolution and its forthcoming impact on global industry. For more information on content creation and the opportunity to share your story with the world, please contact our lead editor Hal Briggs [henry@aibusiness.com

Bernard Marr is a best-selling author & keynote speaker on business, technology and big data. His new book is Data StrategyReference: Forbes