Modern Computing and the Next Step in its Evolution
We’ve become comfortable with the modern PC in all its iterations: laptop, tablet, cell phones. The processing speeds of computers have doubled every one or two years according to Moore’s law, but experts believe that there is production constraint on how powerful computers can become and that we may be nearing that threshold. But perhaps a very exciting advance in computing is right behind the logic gates, ready to present itself. Quantum computing is that advance, and it has the potential to revolutionize the tech world and by extension, our entire society.
Modern computation relies on the on/off states of binary code in order to perform operations at incredible speeds. Quantum computing uses qubits, which take advantage of the strange qualities of the quantum world to endow the qubit with a state that is both on and off at the same time, allowing quantum computing to surpass the power of modern computing many times over. Some companies with working prototypes of this technology include: D-Wave, Rigetti, and QxBranch. If interested, here is an short explanation of quantum computing by Canadian Prime Minister Justin Trudeau.
Well Groomed Data
Working with the Triad Startup Lab, I have had the pleasure of getting to know some of the entrepreneurs and the ideas behind their growing companies. One of particular interest to me is Paul Blaser’s Well Groomed Data, a company with great potential in the field of Data Analytics. Well Groomed Data analyzes a company’s business metrics from several angles to give that company a better understanding of their past and a wealth of knowledge going forward in the future. If quantum computing proves to be a valid technology and becomes ubiquitous, what will its effect be on business data analytics and companies like Well Groomed Data?
I imagine that quantum computers will be able to quickly process the exponentially increasing stores of data we create each day, it would be able to harness machine learning to model data in fascinating new ways and possibly provide a path to an AI capable of predicting market trends and fluctuations several years into the future. This has obvious benefits for companies like Paul Blaser’s, and it would be very interesting to see what Well Groomed Data could do with such a powerful tool.