Despite growing excitement around the transformative potential of quantum computing, leaders in many industries are still unfamiliar with the technology that’s likely to prove more disruptive than Artificial Intelligence and blockchain. This ignorance seems particularly acute in industries that deal with physical systems and commodities. In an informal survey of two dozen executives in transportation, logistics, construction and energy, only eight had heard of quantum computing and only two could explain how it works.
In many ways this lack of awareness is understandable. Quantum computing’s value to our digital infrastructure is obvious, but its value to our physical infrastructure is perhaps less evident. Yet, the explosion of power and speed that quantum computers will unleash could indeed have a profound impact on physical systems like our transportation and utility networks. For companies, municipalities and nation states to stay competitive and capture the full benefit of the quantum revolution, leaders must start thinking about how quantum computing can improve our infrastructure.
Unlike classical computers, in which a bit of information can be either a zero or a one, quantum computers are able to take advantage of a third state through a phenomenon known as superposition. Superposition, which is a property of physics at the quantum scale, allows a quantum bit or qubit to be a zero, a one or a zero and a one simultaneously. The result is an astronomical increase in computational capacity over existing transistor-based hardware. Google, for example, has found that its quantum machines can run some algorithms 100 million times faster than conventional processors.