It’s coming strong and fast. Google says that Quantum Computing is 150 million times faster. Imagine searching with that power! The Quantum Entrepreneur will jump into gear with A.I. at insanely powerful speeds and data crunching abilities. Brute power.
There’ll be psychological adjustments to make. Winners will seize more. Zero-sum games will be played out. Much like the tech giants are already getting away with: Amazon, Google and uh, ‘Meta.’
Here’s an Amazon Kindle title I wrote that you might be interested in:
Cryptography redefined?
What changes with quantum computing?
A heck of a lot. Well, everything that’s encrypted and ‘secure’ now, at 128 bit or 256 bit encryption:
Imagine if even the most powerful data encryption could be hacked and decoded in just a few minutes. All the world’s critically important information, from government and medical records, to missile launch codes, would be free for the taking.
The major U.S. and European banks would have virtually no defense against ‘quantum hackers.’ They might as well throw open their bank vault doors and let people help themselves.
The Danger to Cryptocurrencies
Since cryptocurrencies are based completely on unhackable programming, crypto would be one of the first asset classes to fall. The entire $2 trillion crypto market would become worthless overnight. That would stun me like a bolt.
Advanced Encryption Standard (AES)
Now this ‘feels’ secure: Thanks to a complex math equation, the Advanced Encryption Standard (AES) we currently use would take the combined power of every computer, smartphone, and calculator on Earth trillions of years to break.
Currently designed binary computers have come a very long way, but they’re still rather inefficient by nature. They are forced to convert all data to the only language they understand: binary code. Running all those 1’s and 0’s line by line eats up precious time and energy, resulting in slower processing speeds.
Quantum computers rely on a quirk of physics known as “quantum superposition.” Instead of being limited to 0’s and 1’s, a quantum system can work with any of the infinite numbers in between 0 and 1.
The uncertainty principle in quantum physics allows that a particle may be in several places at once. This is quantum superposition. A probability percentage is applied to one particle being in a specific place. This is the physics of possibility. It isn’t locked into a definite certainty. In a very similar style, a quantum entrepreneur can operate a lot more freely in a World of uncertainty – like today’s World. He can make decisions based upon statistical probability.
Computing Of The Quantum Entrepreneur
So, when business people get their greedy, shark tank hands on quantum computers, what’s going to happen? Eh? Will profit making go ballistic? (It’s already starting to happen with A.I.)
Remember earlier I wrote:
“Google claims its newest breakthrough in the field of quantum computing is more than 150 million times faster than the world’s most powerful supercomputer.” Read that again.
In a recent test, it blasted through a challenge calculation in less than four minutes. Its supercomputer competitor would have taken more than 10,000 years.
A machine this powerful would quickly hack through Bitcoin’s ancient, dinosaur-like encryption. And in an instant, the entire crypto economy would probably crumble. What would happen to business database systems? How would current marketing strategies be impacted? Think of metrics. Decisions are made based on databases of personal preferences, etc. This type of marketing could be overturned in a matter of weeks, if not days!
Prepare your Quantum Mindset
Managers and entrepreneurs will need to get ready. Right now. Because quantum computing will be here in 2022. Please make a point of reading this brief Kindle book, to prepare yourself. There are shifts in mindset to make. Adaptive pivots. Here is the only Kindle e-Book that even begins to face the dilemma of the quantum entrepreneur:
Thanks for your visit to our online Business School today. I trust I have completely blown your mind about the shocking future of quantum computing.
How will it affect the daily work of the enterprise manager? Who will be the winner-take-all quantum entrepreneur? Will it be Elon Musk, once again? Is he preparing himself, as we speak?
You’d have to bet on it.
Geoff Dodd, Editor in Chief.
