Quantum computing – Separating fact from fiction
In 1965, Intel co-founder Gordon Moore prophesised that every year the number of transistors on a square inch of circuit would double – now known as Moore’s law. Since then, computing power has doubled every 2 years for the same cost. And yet we are going to see the end of Moore’s law in the next 10 years, as we reach the limit to how small we can make transistors.
By the year 2030, the amount of data we produce today will seem like a drop in the ocean, and the amount of processing power needed to find insights from this Tsunami of data can only be solved by thinking differently.
Quantum computing - once the realm of science fiction - is now coming out of the lab and into mainstream use, where NP-Hard problems need to be solved, and the worlds current supercomputers will not be up to the task.
In this session, we will try to sort the facts from the fiction, build a better understanding of quantum computing and the practical applications for the financial industry, and reflect on the opportunities this will present.