Cybersecurity

The Case Against Quantum Computing

Quantum computing is all the rage. It seems like hardly a day goes by without some news outlet describing the extraordinary things this technology promises. Most commentators forget, or just gloss over, the fact that people have been working on quantum computing for decades—and without any practical results to show for it.

We’ve been told that quantum computers could “provide breakthroughs in many disciplines, including materials and drug discovery, the optimization of complex manmade systems, and artificial intelligence.” We’ve been assuredthat quantum computers will “forever alter our economic, industrial, academic, and societal landscape.” We’ve even been told that “the encryption that protects the world’s most sensitive data may soon be broken” by quantum computers. It has gotten to the point where many researchers in various fields of physics feel obliged to justify whatever work they are doing by claiming that it has some relevance to quantum computing.

Meanwhile, government research agencies, academic departments (many of them funded by government agencies), and corporate laboratories are spending billions of dollars a year developing quantum computers. On Wall Street, Morgan Stanley and other financial giants expect quantum computing to mature soon and are keen to figure out how this technology can help them.