Quantum computers are coming. Get ready for them to change everything – ZDNet

Supermarket aisles filled with fresh produce are probably not where you would expect to discover some of the first benefits of quantum computing.

But Canadian grocery chain Save-On-Foods has become an unlikely pioneer, using quantum technology to improve the management of in-store logistics. In collaboration with quantum computing company D-Wave, Save-On-Foods is using a new type of computing, which is based on the downright weird behaviour of matter at the quantum level. And it's already seeing promising results.

The company's engineers approached D-Wave with a logistics problem that classical computers were incapable of solving. Within two months, the concept had translated into a hybrid quantum algorithm that was running in one of the supermarket stores, reducing the computing time for some tasks from 25 hours per week down to mere seconds.

SEE: Guide to Becoming a Digital Transformation Champion (TechRepublic Premium)

Save-On-Foods is now looking at expanding the technology to other stores, and exploring new ways that quantum could help with other issues. "We now have the capability to run tests and simulations by adjusting variables and see the results, so we can optimize performance, which simply isn't feasible using traditional methods," a Save-On-Foods spokesperson tells ZDNet.

"While the results are outstanding, the two most important things from this are that we were able to use quantum computing to attack our most complex problems across the organization, and can do it on an ongoing basis."

The remarkable properties of quantum computing boil down to the behaviour of qubits -- the quantum equivalent of classical bits that encode information for today's computers in strings of 0s and 1s. But contrary to bits, which can be represented by either 0 or 1, qubits can take on a state that is quantum-specific, in which they exist as 0 and 1 in parallel, or superposition.

Qubits, therefore, enable quantum algorithms to run various calculations at the same time, and at exponential scale: the more qubits, the more variables can be explored, and all in parallel. Some of the largest problems, which would take classical computers tens of thousands of years to explore with single-state bits, could be harnessed by qubits in minutes.

The challenge lies in building quantum computers that contain enough qubits for useful calculations to be carried out. Qubits are temperamental: they are error-prone, hard to control, and always on the verge of falling out of their quantum state. Typically, scientists have to encase quantum computers in extremely cold, large-scale refrigerators, just to make sure that qubits remain stable. That's impractical, to say the least.

This is, in essence, why quantum computing is still in its infancy. Most quantum computers currently work with less than 100 qubits, and tech giants such as IBM and Google are racing to increase that number in order to build a meaningful quantum computer as early as possible. Recently, IBM ambitiously unveiled a roadmap to a million-qubit system, and said that it expects a fault-tolerant quantum computer to be an achievable goal during the next ten years.

IBM's CEO Arvind Krishna and director of research Dario Gil in front of a ten-foot-tall super-fridge for the company's next-generation quantum computers.

Although it's early days for quantum computing, there is still plenty of interest from businesses willing to experiment with what could prove to be a significant development. "Multiple companies are conducting learning experiments to help quantum computing move from the experimentation phase to commercial use at scale," Ivan Ostojic, partner at consultant McKinsey, tells ZDNet.

Certainly tech companies are racing to be seen as early leaders. IBM's Q Network started running in 2016 to provide developers and industry professionals with access to the company's quantum processors, the latest of which, a 65-qubit device called Hummingbird, was released on the platform last month. Recently, US multinational Honeywell took its first steps on the quantum stage, making the company's trapped-ion quantum computer available to customers over the cloud. Rigetti Computing, which has been operating since 2017, is also providing cloud-based access to a 31-qubit quantum computer.

Another approach, called quantum annealing, is especially suitable for optimisation tasks such as the logistics problems faced by Save-On-Foods. D-Wave has proven a popular choice in this field, and has offered a quantum annealer over the cloud since 2010, which it has now upgraded to a 5,000-qubit-strong processor.

A quantum annealing processor is much easier to control and operate than the devices that IBM, Honeywell and Rigetti are working on, which are called gate-model quantum computers. This is why D-Wave's team has already hit much higher numbers of qubits. However, quantum annealing is only suited to specific optimisation problems, and experts argue that the technology will be comparatively limited when gate-model quantum computers reach maturity.

The suppliers of quantum processing power are increasingly surrounded by third-party companies that act as intermediaries with customers. Zapata, QC Ware or 1QBit, for example, provide tools ranging from software stacks to training, to help business leaders get started with quantum experiments.

SEE: What is the quantum internet? Everything you need to know about the weird future of quantum networks

In other words, the quantum ecosystem is buzzing with activity, and is growing fast. "Companies in the industries where quantum will have the greatest potential for complete disruption should get involved in quantum right now," says Ostojic.

And the exponential compute power of quantum technologies, according to the analyst, will be a game-changer in many fields. Qubits, with their unprecedented ability to solve optimisation problems, will benefit any organisation with a supply chain and distribution route, while shaking up the finance industry by maximising gains from portfolios. Quantum-infused artificial intelligence also holds huge promise, with models expected to benefit from better training on bigger datasets.

One example: by simulating molecular interactions that are too complex for classical computers to handle, qubits will let biotech companies fast-track the discovery of new drugs and materials. Microsoft, for example, has already demonstrated how quantum computers can help manufacture fertilizers with better yields. This could have huge implications for the agricultural sector, as it faces the colossal task of sustainably feeding the growing global population in years to come.

Chemistry, oil and gas, transportation, logistics, banking and cybersecurity are often cited as sectors that quantum technology could significantly transform. "In principle, quantum will be relevant for all CIOs as it will accelerate solutions to a large range of problems," says Ostojic. "Those companies need to become owners of quantum capability."

Chemistry, oil and gas, transportation, logistics, banking or cybersecurity are among the industries that are often pointed to as examples of the fields that quantum technology could transform.

There is a caveat. No CIO should expect to achieve too much short-term value from quantum computing in its current form. However fast-growing the quantum industry is, the field remains defined by the stubborn instability of qubits, which still significantly limits the capability of quantum computers.

"Right now, there is no problem that a quantum computer can solve faster than a classical computer, which is of value to a CIO," insists Heike Riel, head of science and technology at IBM Research Quantum Europe. "But you have to be very careful, because the technology is evolving fast. Suddenly, there might be enough qubits to solve a problem that is of high value to a business with a quantum computer."

And when that day comes, there will be a divide between the companies that prepared for quantum compute power, and those that did not. This is what's at stake for business leaders who are already playing around with quantum, explains Riel. Although no CIO expects quantum to deliver value for the next five to ten years, the most forward-thinking businesses are already anticipating the wave of innovation that the technology will bring about eventually -- so that when it does, they will be the first to benefit from it.

This means planning staffing, skills and projects, and building an understanding of how quantum computing can help solve actual business problems. "This is where a lot of work is going on in different industries, to figure out what the true problems are, which can be solved with a quantum computer and not a classical computer, and which would make a big difference in terms of value," says Riel.

Riel points to the example of quantum simulation for battery development, which companies like car manufacturer Daimler are investigating in partnership with IBM. To increase the capacity and speed-of-charging of batteries for electric vehicles, Daimler's researchers are working on next-generation lithium-sulfur batteries, which require the alignment of various compounds in the most stable configuration possible. To find the best placement of molecules, all the possible interactions between the particles that make up the compound's molecules must be simulated.

This task can be carried out by current supercomputers for simple molecules, but a large-scale quantum solution could one day break new ground in developing the more complex compounds that are required for better batteries.

"Of course, right now the molecules we are simulating with quantum are small in size because of the limited size of the quantum computer," says Riel. "But when we scale the next generation of quantum computers, then we can solve the problem despite the complexity of the molecules."

SEE: 10 tech predictions that could mean huge changes ahead

Similar thinking led oil and gas giant ExxonMobilto join the network of companies that are currently using IBM's cloud-based quantum processors. ExxonMobil started collaborating with IBM in 2019, with the objective of one day using quantum to design new chemicals for low energy processing and carbon capture.

The company's director of corporate strategic research Amy Herhold explains that for the past year, ExxonMobil's scientists have been tapping IBM's quantum capabilities to simulate macroscopic material properties such as heat capacity. The team has focused so far on the smallest of molecules, hydrogen gas, and is now working on ways to scale the method up to larger molecules as the hardware evolves.

A number of milestones still need to be achieved before quantum computing translates into an observable business impact, according to Herhold. Companies will need to have access to much larger quantum computers with low error rates, as well as to appropriate quantum algorithms that address key problems.

"While today's quantum computers cannot solve business-relevant problems -- they are too small and the qubits are too noisy -- the field is rapidly advancing," Herhold tells ZDNet. "We know that research and development is critical on both the hardware and the algorithm front, and given how different this is from classical computing, we knew it would take time to build up our internal capabilities. This is why we decided to get going."

Herhold anticipates that quantum hardware will grow at a fast pace in the next five years. The message is clear: when it does, ExxonMobil's research team will be ready.

One industry that has shown an eager interest in quantum technology is the financial sector. From JP Morgan Chase's partnerships with IBM and Honeywell, to BBVA's use of Zapata's services, banks are actively exploring the potential of qubits, and with good reason. Quantum computers, by accounting for exponentially high numbers of factors and variables, could generate much better predictions of financial risk and uncertainty, and boost the efficiency of key operations such as investment portfolio optimisation or options pricing.

Similar to other fields, most of the research is dedicated to exploring proof-of-concepts for the financial industry. In fact, when solving smaller problems, scientists still run quantum algorithms alongside classical computers to validate the results.

"The classical simulator has an exact answer, so you can check if you're getting this exact answer with the quantum computer," explains Tony Uttley, president of Honeywell Quantum Solutions, as he describes the process of quantum options pricing in finance.

"And you better be, because as soon as we cross that boundary, where we won't be able to classically simulate anymore, you better be convinced that your quantum computer is giving you the right answer. Because that's what you'll be taking into your business processes."

Companies that are currently working on quantum solutions are focusing on what Uttley calls the "path to value creation". In other words, they are using quantum capabilities as they stand to run small-scale problems, building trust in the technology as they do so, while they wait for capabilities to grow and enable bigger problems to be solved.

In many fields, most of the research is dedicated to exploring proof-of-concepts for quantum computing in industry.

Tempting as it might be for CIOs to hope for short-term value from quantum services, it's much more realistic to look at longer timescales, maintains Uttley. "Imagine you have a hammer, and somebody tells you they want to build a university campus with it," he says. "Well, looking at your hammer, you should ask yourself how long it's going to take to build that."

Quantum computing holds the promise that the hammer might, in the next few years, evolve into a drill and then a tower crane. The challenge, for CIOs, is to plan now for the time that the tools at their disposal get the dramatic boost that's expected by scientists and industry players alike.

It is hard to tell exactly when that boost will come. IBM's roadmap announces that the company will reach 1,000 qubits in 2023, which could mark the start of early value creation in pharmaceuticals and chemicals, thanks to the simulation of small molecules. But although the exact timeline is uncertain, Uttley is adamant that it's never too early to get involved.

"Companies that are forward-leaning already have teams focused on this and preparing their organisations to take advantage of it once we cross the threshold to value creation," he says. "So what I tend to say is: engage now. The capacity is scarce, and if you're not already at the front of the line, it may be quite a while before you get in."

Creating business value is a priority for every CIO. At the same time, the barrier to entry for quantum computing is lowering every time a new startup emerges to simplify the software infrastructure and assist non-experts in kickstarting their use of the technology. So there's no time to lose in embracing the technology. Securing a first-class spot in the quantum revolution, when it comes, is likely to be worth it.

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Quantum computers are coming. Get ready for them to change everything - ZDNet

Quantum Computing Is Bigger Than Donald Trump – WIRED

Just this week the Senate had a hearing, ostensibly about speech on internet platforms. But what the hearing was really about was our continuing inability to figure out what to do with a technological infrastructure that gives every single person on the planet the ability to broadcast their thoughts, whether illuminating or poisonous. We know that solutions are elusive, especially in the context of our current electoral issues. But this is actually one of the less vexing conundrums that technology has dropped on our lap. What are we going to do about Crispr? How are we going to handle artificial intelligence, before it handles us? A not-encouraging sign of our ability to deal with change: While we werent looking, smart phones have made us cyborgs.

Heres another example of a change that might later look more significant than our current focus: Late last year, Google announced it had achieved Quantum Supremacy, This means that it solved a problem with its experimental quantum computer that couldnt be solved with a conventional one, or even a supercomputer.

Its a forgone conclusion that quantum computing is going to happen. When it does, what we thought was a speed limit will evaporate. Nobodynobody!has an idea of what can come from this. I bet it might even be bigger than whatever Donald Trump will do in a second (or third or fourth) term, or the civil disorder that might erupt if he isnt returned to the Peoples House.

A few days after the election, on that same West Coast trip, I had a random street encounter with one of the most important leaders in technology. We spoke informally for maybe 15 or 20 minutes about what had happened. He seemed shattered by the outcome, but no more than pretty much everyone I knew. He told me that he asked himself, should I have done more? Like all of the top people in the industry, he has since had to make his accommodations with the Trump administration. But as with all his peers, he has not relented on his drive to create new technology that will continue the remarkable and worrisome transformation of humanity.

The kind of people who work for him will keep doing what they do. Maybe they will no longer want to work for a company thats overly concerned about winning the favoror avoiding the disfavorof a president who they think is racist, a president who despises immigrants (wife and in-laws excepted), a president who encourages dictators and casts doubts on voting. If things get bad in this country, a lot of those engineers and scientists will leave, and a lot of other countries will welcome them. The adventure will continue. Even if the United States as we know it does not last another generation, scientists will continue advancing artificial intelligence, brain-machine interfaces, and, of course, quantum computing. And thats what our time will be known for.

Yes, a thousand years from now, historians will study the Donald Trump phenomenon and what it meant for our gutsy little experiment in democracy, as well as for the world at large. I am still confident, however, that historians will find more importance in learning about the moments in our lifetimes when science changed everything.

What I am not confident about is predicting how those future historians will do their work, and to what extent people of our time would regard those historians as human beings, or some exotic quantum Crispr-ed cyborgs. Thats something that Donald Trump will have no hand in. And why its so important, even as politics intrude on our everyday existence, to do the work of chronicling this great and fearsome adventure.

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Quantum Computing Is Bigger Than Donald Trump - WIRED

Australia’s Archer and its plan for quantum world domination – ZDNet

Archer CEO Dr Mohammad Choucair and quantum technology manager Dr Martin Fuechsle

Quantum computing will revolutionise the world; its potential is so immeasurable that the greatest minds in Redmond, Armonk, and Silicon Valley are spending big on quantum development. But a company by the name of Archer Materials wants to put Sydney, Australia, on the map alongside, if not ahead, of these tech giants.

Universal quantum computers leverage the quantum mechanical phenomena of superposition and entanglement to create states that scale exponentially with the number of quantum bits (qubits).

Here's an explanation: What is quantum computing? Understanding the how, why and when of quantum computers

"Quantum computing represents the next generation of powerful computing, you don't really have to know how your phone works on the inside, you just want it to do things that you couldn't do before," Archer CEO Dr Mohammad Choucair told ZDNet.

"And with quantum computing, you can do things that you couldn't necessarily do before."

There is currently a very small set number of tasks that a quantum computer can do, but Choucair is hopeful that in the future this will grow to be a little bit more consumer-based and business-faced.

Right now, however, quantum computing, for all intents and purposes, is at a very early stage. It's not going to completely displace a classical computer, but it will give the capacity to do more with what we currently have. Choucair believes this will positively impact a range of sectors that are reliant on an increasing amount of computational power.

"This comes to light when you start to want to optimise very large portfolios, or perform a whole bunch of data crunching, AI and all sorts of buzzwords -- but ultimately, you're looking for more computational power. And you can genuinely get speed-ups in computational power based on certain algorithms for certain problems that are currently being identified," he explained.

"The problems that quantum computers can solve are currently being identified and the end users are being engaged."

Archer describes itself as a materials technology company. Its proposition is simple at heart: "Materials are the tangible physical basis of all technology. We're developing and integrating materials to address complex global challenges in quantum technology, human health, and reliable energy".

There are many components to quantum computing, but Archer is building a qubit processor. 12CQ is touted by the company as a "world-first technology that Archer aims to build for quantum computing operation at room-temperature and integration onboard modern electronic devices".

"We're not building the entire computer, we're building the chipset, the processer at the core of it," Choucair told ZDNet. "That really forms the brain of a quantum computer.

"The difference with us is that we really are looking at on-board use, rather than the heavy infrastructure that's required to house the existing quantum computing architectures.

"This is not all airy-fairy and it is not all of blue sky; it's real, there's proven potential, we've published the workwe have the data, we have the science behind us -- it took seven years of immense, immersive R&D."

Archer is building the chip inside a AU$180 million prototype foundry out of the University of Sydney. The funding was provided by the university as well as government.

"Everyone's playing their role to get this to market," he said.

Choucair is convinced that the potential when Archer "gets this right" will be phenomenal.

"Once you get a minimal viable product, and you can demonstrate the technology can indeed work at room temperature and be integrated into modern-day electronics. I think that's, that's quite disruptive. And it's quite exciting," he said.

Magnified region observing the round qubit clusters which are billionths of a meter in size in the centre of qubit control device components (appearing as parallel lines).

Choucair found himself at Archer in 2017 after the company acquired a startup he founded. Straight away, he and the board got started on the strategy it's currently executing on.

"There is very, very small margin for error from the start, in the middle, at the end -- you need to know what you're getting yourself into, what you're doingthis is why I think we've been able to be so successful moving forward, we've been so rapid in our development, because we know exactly what needs to get done," Choucair said.

"The chip is a world firstscience can fail at any stage, everybody knows that, but more often than not, it may or may not -- how uncertain do you want something to be? So for us, the more and more we develop our chip, the higher chances of success become."

Read more about Archer's commercial strategy here: Archer looks to commercialisation future with graphene-based biosensor tech

Choucair said materials technology itself was able to reduce a lot of the commercial barriers to entry for Archer, which meant the company could take the work out of the university much sooner.

"The material technology allowed us to do things without the need for heavy cooling infrastructure, which costs millions and millions of dollars and had to be housed in buildings that cost millions and millions of dollars,' he explained. "Massive barrier reduced, material could be made simply from common laboratory agents, which means you didn't have to build a billion-dollar facility to control atoms and do all these crazy scientific things at the atomic level.

"And so, really, you end up with the materials technology that was simple to handle, easy to make, and worked at room temperature, and you're like, wow, okay, so now the job for us is to actually build the chip and miniaturise this stuff, which is challenging in itself."

The CEO of the unexplainable has an impressive resum. He landed at Archer with a strong technical background in nanotechnology, served a two-year mandate on the World Economic Forum Global Council for Advanced Materials, is a fellow of both The Royal Society of New South Wales and The Royal Australian Chemical Institute, and was an academic and research fellow at the University of Sydney's School of Chemistry.

Choucair also has in his armoury Dr Martin Fuechsle, who is recognised for developing the world's smallest transistor, a "single-atom transistor".

"Fuechsle is among the few highly talented physicists in the world capable of building quantum devices that push the boundaries of current information processing technology," Choucair said in January 2019, announcing Fuechsle's appointment. "His skills, experience, and exceptional track record strongly align to Archer's requirements for developing our key vertical of quantum technology."

SEE:Guide to Becoming a Digital Transformation Champion(TechRepublic Premium)

Archer is publicly listed on the Australian Securities Exchange, but Choucair would reject any claims of it being a crazy proposition.

"20 years ago, a company that was maybe offering something as abstract as an online financial payment system would have been insane too, but if you have a look at the top 10 companies on the Nasdaqa lot of their core business is embedded in the development of computational architecture, computational hardware," he said.

"We're a very small company, I'm not comparing myself to a Nasdaq-listed company. I'm just saying, the core businessI think it's a unique offering and differentiates us on a stock exchange."

He said quantum technology is something that people are starting to value and see as having potential and scale of opportunity.

Unlike many of the other quantum players in Australia and abroad, Archer is not a result of a spin-off from a university, Choucair claimed.

"The one thing about Archer is that we're not a university spin out -- I think that's what sets us apart, not just in Australia, but globally," he said. "A lot of the time, the quantum is at a university, this is where you go to learn about quantum computing, so it's only natural that it does come out of a university."

Historically, Australia has a reputation of being bad at commercialising research and development. But our curriculum vitae speaks for itself: Spray-on skin, the black box flight recorder, polymer bank notes, and the Cochlear implant, to name a few.

According to Choucair, quantum is next.

"We really are leading the world; we well and truly punch above our weight when it comes to the work that's been done, we lead the world," he said.

"And that quantum technology is across quantum computing and photonics, and sensing -- it's not just quantum computing. We do have a lot of great scientists and those who are developing the technology."

But as highlighted in May by the Commonwealth Scientific and Industrial Research Organisation (CSIRO) in its quantum technologies roadmap, there are a lot of gaps that need to be filled over the long term.

"We just have to go out there and get the job done," Choucair said.

"In Australia we have resource constraints, just like anywhere else in the world. And I think there's always a lot more that can be donewe're not doing deep tech as a luxury in this country. From the very top down, there is an understanding, I believe, from our government and from key institutes in the nation that this is what will help us drive forward as a nation."

Archer isn't the only group focused on the promise of quantum tech down under, but Choucair said there's no animosity within the Aussie ecosystem.

Read about UNSW's efforts: Australia's ambitious plan to win the quantum race

There's also a partnership between two universities: UNSW and Sydney Uni quantum partnership already bearing fruit

"I think we all understand that there's a greater mission at stake here. And we all want, I can't speak on everyone's behalf, but at Archer we definitely have vision of making quantum computing widespread -- adopted by consumers and businesses, that's something that we really want to do," he said.

"We have fantastic support here in Australia, there's no doubt about it."

A lot of the work in the quantum space is around education, as Choucair said, it's not something that just comes out of abstractness and then just exists.

"You have to remember this stuff's all been built off 20, 30, 40 years of research and development, quantum mechanics, engineering, science, and tech -- hundreds and thousands of brilliant minds over the course of two-three generations," the CEO explained.

While the technology is here, and people are building algorithms that only run on quantum computers, there is still another 20-or-so years of development to follow.

"This field is not a fast follower field, you don't just get up in the morning and put your slippers on and say you're going to build a quantum computer," he added.

Archer is also part of the IBM Q Network, which is a global network of startups, Fortune 500 companies, and academic research institutes that have access to IBM's experts, developer tools, and cloud-based quantum systems through IBM Q Cloud.

Archer joined the network in May as the first Australian company that's developing a qubit processor.

Choucair said the work cannot be done without partnerships and collaboration alongside the best in the world.

"Yes, there is a race to build quantum computers, but I think more broadly than a race, to just enable the widespread adoption of the technology. And that's not easy. And that takes a concerted effort," he said. "And at this early stage of development, there is a lot of overlap and collaboration.

"There's a bit of a subculture that Australia can't do it -- yeah, we can.

"There's no excuses, right? We're doing it, we're building it, we're getting there. We're working with the very best in the world."

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Australia's Archer and its plan for quantum world domination - ZDNet

Will Quantum Mechanics Produce the True Thinking Computer? – Walter Bradley Center for Natural and Artificial Intelligence

Some hope that quantum mechanics can explain human consciousness.

Maybe we are all quantum computers but dont know it? Maybe quantum computers could think like people?

There is an odd relationship between the human mind and quantum mechanics, the science of entities like electrons that are too small to be governed by ordinary physics.

Some aspects of consciousness appear to be mediated by such elementary particles. Science writer Philip Ball explains,

Nobody understands what consciousness is or how it works. Nobody understands quantum mechanics either. Could that be more than coincidence?

Quantum mechanics is the best theory we have for describing the world at the nuts-and-bolts level of atoms and subatomic particles. Perhaps the most renowned of its mysteries is the fact that the outcome of a quantum experiment can change depending on whether or not we choose to measure some property of the particles involved

To this day, physicists do not agree on the best way to interpret these quantum experiments, and to some extent what you make of them is (at the moment) up to you. But one way or another, it is hard to avoid the implication that consciousness and quantum mechanics are somehow linked.

This might, of course, be at least one part of the reason that consciousness remains a mystery.

But now, is a quantum computer smarter than the conventional machine that just computes numbers?

In Gaming AI, tech philosopher George Gilder notes that the resourceful AI geniuses believe that they can effect an astronomical speedup by changing the ordinary 1 or 0 bit to the quantum bit, or qubit:

The qubit is one of the most enigmatic tangles of matter and ghost in the entire armament of physics. Like a binary digit, it can register 0 or 1; what makes it quantum is that it can also register a nonbinary superposition of 0 and 1.

But before we get carried away by the possibilities, Gilder goes on to say that theres a hitch. An endless superposition works fine for Schrodingers cat. But, to be useful in the real world, the quantum computer must settle on either 0 or 1. If the needed number is your paycheck, to be cashed, it must be a number, not an infinite debate.

In any event, quantum computers come with real world problems that conventional computers dont have:

the chip can no longer function as a determinist logical device. For example, today the key problem in microchips is to avoid spontaneous quantum tunneling, where electrons can find themselves on the other side of a barrier that by the laws of classical physics would have been insurmountable and impenetrable. In digital memory chips or processors, spontaneous tunneling can mean leakage and loss.

Quantum computing has advantages and disadvantages. In any event, consciousness is still a mystery and its not clear at this point how quantum computers help us understand much. But stay tuned!

Note: You can download Gaming AI for free here.

You may also wish to look at:

Quantum supremacy isnt the Big Fix. If human thought is Turings halting oracle, as seems likely, then even quantum computing will not allow us to replicate human intelligence (Eric Holloway)

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Will Quantum Mechanics Produce the True Thinking Computer? - Walter Bradley Center for Natural and Artificial Intelligence

Quantum Computing Technologies Market : Information, Figures and Analytical Insights 2020-2025 – Eurowire

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Competitive Landscape

Key players of the global Quantum Computing Technologies market are profiled on the basis of various factors, which include recent developments, business strategies, financial strength, weaknesses, and main business. The Quantum Computing Technologies report offers a special assessment of top strategic moves of leading players such as merger and acquisition, collaboration, new product launch, and partnership.

Competitive Landscape and S-Metolachlor Market Share AnalysisS-Metolachlor market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in S-Metolachlor business, the date to enter into the S-Metolachlor market, S-Metolachlor product introduction, recent developments, etc.The major vendors covered:SyngentaUPL LimitedJiangsu ChangqingCNADCZhongshan Chemical

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Our objective data will help you to make informed decisions related to your business. The powerful insights provided in the Quantum Computing Technologies report will lead to better decision-making and deliverance of actionable ideas. The information that this research study offers will assist your business to the position in the best manner possible for driving Quantum Computing Technologies market growth and gain sound understanding about issues affecting the industry and the competitive landscape. Players can actually improve their reputation and standing in the global Quantum Computing Technologies market as they develop improved business strategies and gain more confidence with the help of the research study.

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Table of Contents

Market Overview: In this section, the authors of the report provide an overview of products offered in the global Quantum Computing Technologies market, market scope, consumption comparison by application, production growth rate comparison by type, highlights of geographical analysis in Quantum Computing Technologies market, and a glimpse of market sizing forecast.

Manufacturing Cost Analysis: It includes manufacturing cost structure analysis, key raw material analysis, Quantum Computing Technologies industrial chain analysis, and manufacturing process analysis.

Company Profiling: Here, the analysts have profiled leading players of the global Quantum Computing Technologies market on the basis of different factors such as markets served, market share, gross margin, price, production, and revenue.

Analysis by Application: The Quantum Computing Technologies report sheds light on the consumption growth rate and consumption market share of all of the applications studied.

Quantum Computing Technologies Consumption by Region: Consumption of all regional markets studied in the Quantum Computing Technologies report is analysed here. The review period considered is 2014-2019.

Quantum Computing Technologies Production by Region: It includes gross margin, production, price, production growth rate, and revenue of all regional markets between 2014 and 2019.

Competition by Manufacturer: It includes production share, revenue share, and average price by manufacturers. Quantum Computing Technologies market analysts have also discussed the products, areas served, and production sites of manufacturers and current as well as future competitive situations and trends.

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Quantum Computing Technologies Market : Information, Figures and Analytical Insights 2020-2025 - Eurowire

Strategic Partnership will aid smooth work in the event of regional crisis: Australia High Commissioner – The Hindu

Artificial Intelligence, 5G, rare earth products, ground station tracking facilities to support Gaganyaan are among the areas covered, says Barry OFarell

Australian High Commissioner to India Barry OFarrell took charge a month before the COVID-19 pandemic struck in India, yet his time here has seen a steady uptick in the momentum of bilateral cooperation including a Prime Ministerial summit in June and, more recently, Australias inclusion in the Malabar naval exercises. He speaks toNarayan Lakshman about a range of cooperative initiatives on the anvil.

It will demonstrate the ability of our navy to work through exercises, warfare serials and like with the navies of India, Australia, the U.S. and Japan. That is important because, were there to be a regional crisis, like a natural or humanitarian disaster, the ability to work smoothly with partners is critical. It builds particularly on the maritime agreement that was one of the agreements underneath the CSP, but also to the mutual logistic support arrangement, which is designed to improve the collaboration between our armed forces. This reflects the commitment that Quad partners have to a free, open, and prosperous Indo Pacific. It demonstrates the commitment that Australia and India have to what Prime Minister Modi described at the June summit as a sacred duty to provide the neighbourhood with the environment where people could prosper, where there could be stability upon which to build your lives, and where you could live freely. It reiterates that.

It also comes off the back of ongoing interactions between our armed forces. To some extent, Malabar was a fixation that we are delighted to be part of, but it was a fixation because it ignored the fact that the AusIndex exercise last year was the largest naval engagement Australia had ever been a part of, and most complex involving submarine serials and P-8 Poseidon maritime patrols across the Bay of Bengal. Equally, the recent passage exercise again demonstrated our ability to work together, including practising warfare serials on water. All these things increase the level of cooperation, increase the significance of the relationship, but practically ensure that should they be called upon, our navies could work more closely together, effectively, in support of a peaceful, stable and prosperous Indo Pacific.

Also read: India-Australia friendship based on trust, respect: Scott Morrison

Certainly, the COVID-19 pandemic has damaged economies. It has accelerated geostrategic competition, and it has obviously disrupted our way of life. It has highlighted the importance, to countries like India and Australia, of ensuring a safe, secure and prosperous future for our citizens. Thats why, as part of the CSP, there were agreements in relation to critical technologies such as Artificial Intelligence, quantum computing and 5G because we recognise the opportunities they present to people, to businesses, to the broader economy, and the fact that they should be guarded by international standards to ensure they do not present risks, to security or prosperity. The Australia-India framework Arrangements on Cyber and Cyber Enabled Critical Technology cooperation, abbreviated as the Arrangement, will enhance bilateral cooperation. Under the agreement, we are going to cooperate together to promote and preserve that open, free, safe and secure Internet by working around those international norms and rules that we talk about. It sets out practical ways to promote and enhance digital trade, harness critical technologies, and address cyber security challenges. It provides a programme of 66 crore over four years for an Australia-India cyber and critical technology partnership to support research by institutions in both Australia and between institutions in Australia and India. We also signed an MoU on critical minerals between both countries because they are the essential inputs into these critical and emerging technologies, which cover areas like high tech electronics, telecommunications, clean energy, transport and defence. Critical minerals are essential if India wants to achieve its energy mission goal in the battery industry, storage industry and electric vehicle industry.

Editorial | A new dimension: On India-U.S.-Australia-Japan Quadrilateral

If you want to build batteries or electric vehicles, lithium, amongst other items, is required. We know that your northern neighbour is your most significant supplier of these critical minerals. We know that India is seeking to become more self-reliant. We know that imports from China are reducing. Australia potentially sees an opportunity for us to provide elements into Indias efforts to improve its manufacturing, defence and electric vehicle and energy mission projects. We have Indian companies who are currently owning or significant investors in Australian critical minerals and rare earths companies. We have just released a new prospectus on critical minerals and rare earths which lists over 200 projects capable of attracting more investment into India.

I know theres concern in some parts of the community that self-reliance means protectionism. Well, we believe, firstly, that that is not the case, and that there will always be markets in India for elements that can be used by India to grow economies, grow businesses and provide more jobs and more wealth into society. But secondly, if you were concerned about the protectionist angle, the fact is that there is nothing stopping you coming to Australia to buy a mine to put those resources, those elements, into your own businesses, in the same way as is happening with coalfield in Queensland.

Also read: Malabar 2020: the coming together of the Quad in the seas

Firstly, Australia is already contributing to Indias national quantum mission by facilitating partnerships with universities, research institutions and businesses. That includes one of the best relationships we have with India, which is the Australian India Strategic Research Fund, which has been going for over 20 years. Since 2013, one of our Australians of the Year, Professor Michelle Simmons, has led a team of researchers at New South Wales Universitys (UNSW) Centre for Quantum Computation and Communication Technology, seeking to build the first quantum computer in silicon.

For quantum computers to be successful with their calculations, they have to be 100% accurate, but electrical interference called charge noise gets in the way. To tackle this problem, the UNSW has used a Research Fund from that Australia India Strategic Research Fund to collaborate with the Indian Institute of Science Bangalore, to combine Australias state of the art fabrication facilities, and Indias ultra-sensitive noise measurement apparatus. This has helped identify how and where the fabrication process should be adjusted. Earlier this year, the UNSW team was able to achieve a 99.99% accuracy in their atomic level silicon prototype. They believe it is only a matter of time before theyre able to demonstrate 100% reliability, and produce a 10 qubit prototype quantum integrated processor, hopefully by 2023. This has the potential to revolutionise virtually every industry, solving problems and processing information that would take a conventional computer millions of years to calculate in seconds. This is practical cooperation between the UNSW and the Institute in Bangalore, going on right now ready to hopefully come to practical fruition in 2023. Equally, in the upcoming Bengaluru Tech Summit we will host an exclusive session providing an overview of our innovative ecosystem, our cyber and critical technology capabilities, growing space ambitions, and the applications of computing, and quantum computing. Professor Simmons will be one of the keynote speakers. We recommend tuning into 11 a.m. on Friday November 20 for the session From Cyberspace to Outer Space: Innovating with Australia in a Post-COVID World. The bottom line is that India and Australia, through two respected institutions, are close to cracking something nowhere else in the world has been cracked, and it is likely to be ready within the next three years.

Firstly, we have a space sector going back to back to 1967. We launched our first rocket in South Australia and Woomera in 1967. But we were also critical to NASA throughout, regarding the use of space as part of NASAs global space infrastructure. We received those pictures from the first moon landing and broadcast them to the world. The U.S.s two systems failed and ours didnt fail on camera, and thats why we had pictures of Neil Armstrong walking on the moon. We have facilitated communication with deep space probes and also the landing craft on Mars.

Australia and India have been cooperating together as countries since 1987, when we inked our first MoU, and there is a strong engagement between ISRO and Australian agencies. We have undertaken data collaboration on Indian remote satellites. Since 2013, we have been doing laser ranging for Indian regional navigational satellite systems. We launched an Australian satellite by an Australian company and of course, we look forward to your manned space mission in 2022. We are exploring how we can place temporary ground station tracking facilities in Australia to support that Gaganyaan Mission. That is something that is practically under way as we speak. But we have been impressed by Indias capabilities and ambitions in space. You have the record for the most number of satellites released by a single rocket ever. It was more than 100 in 2017.

A lot of the universities are using the online option. As someone whos been coming to India for 10 years, initially I did notice a resistance to online education. Like the other technologies that were finally using during COVID, that resistance has been broken down. I confirmed that with the Director of the Indian Institute of Technology, IIT Madras. But we recognise that it is face-to-face learning, like face-to-face working, is still what most people want. A number of Australian States are starting pilot programmes to demonstrate that students can be picked up and returned to Australia into campuses safely given the COVID spread. And my Education Minister Dan Tehan made the point two weeks ago that the Australian government is keen for that to happen as soon as possible. The latest part to be announced was one from South Australia that will fly students out of Singapore into Australia. There was an early one announced by the Northern Territory. On the back of those, there is a hope that we will be able to return students to Australia for Day One, Term One, next year. But it will depend on those State trials. It is a bit like our approach to opening up bubbles with other countries: we would like to see things being done in situ, in practice, in real time to show that it can succeed. If the trials are successful, I remain confident about next year.

The challenge at the present time is that both countries have international flight bans. The only flights operating between both countries are repatriation flights. Malaysia and Singapore, which were the two countries in pre-COVID times where passengers could transit to get to Australia or to come to India, are not accepting Indian citizens. But that in no way undermines Australias desire to resume whatever is going to be business as usual, in relation to tertiary education.

Australian State governments and our education institutions themselves have put a lot of effort into looking after those Indian students who were stranded in Australia due to the COVID-19 crisis. Some of them are people that have had to wait a month or two until the Vande Bharat planes started. Having graduated mid-year, they have now hopefully most of them flying home, while others are still continuing their studies. Whilst, like many places at the start of COVID-19, there were a few teething problems, Im delighted to say a combination of State and federal governments and the universities and the Indian community there have been supportive of Indian students in Australia.

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Strategic Partnership will aid smooth work in the event of regional crisis: Australia High Commissioner - The Hindu

Cryptocurrency Savings Accounts: Will This New Trend Help You Boost Earnings? – Forbes

Investing in cryptocurrency may seem like a huge gamble, but the bet has paid off tremendously for those who invested in the right type of crypto at the right time.

In November of 2015, you could buy a single Bitcoin for a little over $300, yet a single coin now trades for over $12,900 (as of this writing). If you remember, a single Bitcoin traded at close to $20,000 in December 2017, which makes it easy to see why investors young and old remain eager to get involved regardless of the risk involved.

The reality is that, whether you want to admit it or not, many have gotten rich with cryptocurrency, and others still see it as a way to diversify their investment portfolio outside of traditional stocks and bonds. And if you have cryptocurrency for the purpose of building wealth or diversifying, you should know that cryptocurrency savings accounts can help boost your investment yield even more.

SOPA Images/LightRocket via Getty Images

What Is A Cryptocurrency Savings Account?

A cryptocurrency savings account works like it sounds like it would. With this type of account, you can deposit your cryptocurrency (or another asset in some cases) and earn a standard rate of return over time.

With a BlockFi cryptocurrency savings account, for example, your cryptocurrency can earn up to 8.6% APY, which accrues daily and is paid out on a monthly basis. However, your rate of return will vary depending on the type of cryptocurrency you have, whether thats Bitcoin, Ethereum, Litecoin, or something else. Depending on the type of crypto savings account you have, you may even be able to choose the type of cryptocurrency your interest is paid in.

You may be wondering how these accounts earn money, and thats easy to understand. Like other financial institutions, companies that offer cryptocurrency savings accounts usually loan out your cryptocurrency to other investors. In the case of BlockFi, they say they generate interest on assets held in interest accounts by lending them to trusted institutional and corporate borrowers.

At the end of the day, the purpose of cryptocurrency savings accounts is helping investors earn money on their asset while they hold it. That sounds good in theory, but its a little risky in practice.

Crypto Savings Accounts: What To Watch Out For

The first thing to know about cryptocurrency savings accounts, which you probably know already, is that cryptocurrency in general can be incredibly volatile. Since youre investing with cryptocurrency and your returns will also be in cryptocurrency in most cases, theres a chance your initial investment and returns will be wiped out if the value of your asset drops.

Another major downside with cryptocurrency savings accounts is the fact that you cannot just take your money out when you want. Where you can withdraw money fee-free from a traditional savings account up to six times per month, cryptocurrency savings accounts have their own rules and may not make it easy to access your money at the drop of a hat.

Further, cryptocurrency savings accounts (and crypto wallets for that matter) require you to give up access to your keys. This is based on the fact that your crypto must be made available to lend to investors, but a lot of cryptocurrency investors are not comfortable with this at all. As if that wasnt bad enough, cryptocurrency savings accounts are not FDIC-insured. This means that, if the cryptocurrency savings account provider goes under, theres no guarantee youll get any of your assets back.

Finally, you should know that many cryptocurrency savings accounts pay simple interest only, which means your deposits will not be able to build compound interest over time. The high APY you can achieve may still be attractive and worth pursuing, but you should know this going in.

Are Cryptocurrency Savings Accounts Worth It?

Once you know that cryptocurrency savings accounts arent as safe as traditional savings accounts, its up to you to decide if the risk is worth the reward. If youre a crypto investor already, then youre probably okay with a certain amount of excitement and risk along the way.

On a personal level, I see value in cryptocurrency savings accounts since lets face it there arent a lot of places to earn a 8% yield on your savings right now. You could achieve that return with a cryptocurrency savings account, and if all goes well, the value of your asset could also grow in the meantime.

Many of the best cryptocurrency savings accounts also come with some pretty attractive terms for their accounts. With BlockFi, for example, there arent any account minimums. This makes it easy for anyone with even a small amount of crypto to get started.

With Crypto.com, on the other hand, you can earn some of the highest returns on the market, yet small time investors with low account balances arent eligible for the best returns. Youll also get paid in the same cryptocurrency you deposit, and the interest is paid out on a weekly basis.

Then theres Linus, which lets you deposit U.S. dollars and earn interest in U.S. dollars. That sounds good for sure, but there are notable details in the fine print. With this account, they are lending out your money to people who are buying Ethereum, so the future of your returns hinges on the future value of this cryptocurrency.

The Bottom Line

If youre a crypto investor and you want the chance to earn a return on your investment while you hold it, then cryptocurrency savings accounts may be exactly what you need. There are lots of cryptocurrency savings accounts out there, so take the time to compare options before you sign up for one. Fees, barriers to entry, and the way you earn interest can vary dramatically, as well as the type of assets you need to get started.

Then again, these accounts arent for everyone, and theyre actually a really poor option if you need a place to store your emergency fund. Before you consider one of these accounts, its smart to think over the pros and cons and the risk involved. The chance at a return of 8% or more could well worth the risk, but you should go into the situation with your eyes wide open.

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Cryptocurrency Savings Accounts: Will This New Trend Help You Boost Earnings? - Forbes

Data Projects the Cryptocurrency Market Size And Forecast (2020-2026)| With Post Impact Of Covid-19 By Top Leading Players- Netcoins Holdings…

This report studies the Data Projects the Cryptocurrency Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Data Projects the Cryptocurrency Market analysis segmented by companies, region, type and applications in the report.

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Data Projects the Cryptocurrency Market Size And Forecast (2020-2026)| With Post Impact Of Covid-19 By Top Leading Players- Netcoins Holdings...

Cryptocurrency Market is Expected to Grow at an active CAGR by Forecast to 2028 – TechnoWeekly

Cryptocurrency Market 2020: Latest Analysis:

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The prominent players covered in this report: Companies:Bitmain, NVIDIA, Xilinx, Intel, Advanced Micro Devices, Ripple, Bitfury, Ethereum Foundation, CoinBase, BitGo, and Binance

The market is segmented into By Application (Remittance, Trading, Payment, Retail and E-Commerce), By Process (Transaction and Mining), By Offering (Software and Hardware).

Geographical segments are North America, Europe, Asia Pacific, Middle East & Africa, and South America.

It has a wide-ranging analysis of the impact of these advancements on the markets future growth, wide-ranging analysis of these extensions on the markets future growth. The research report studies the market in a detailed manner by explaining the key facets of the market that are foreseeable to have a countable stimulus on its developing extrapolations over the forecast period.

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This is anticipated to drive the Global Cryptocurrency Market over the forecast period. This research report covers the market landscape and its progress prospects in the near future. After studying key companies, the report focuses on the new entrants contributing to the growth of the market. Most companies in the Global Cryptocurrency Market are currently adopting new technological trends in the market.

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Cryptocurrency Market is Expected to Grow at an active CAGR by Forecast to 2028 - TechnoWeekly

Meet Brock Pierce, the Drug-Legalizing Cryptocurrency Entrepreneur on the Presidential Ballot in 16 States – Reason

Odds are you've heard about the nontraditional presidential candidacy of a certain Kanye West. Chances are decent, too, that you may recall the late-breaking run last time around by independent ex-CIA agent Evan McMullin.

But what if I told you that there was a 2020 candidate on more ballots than either the rapper or the Mormon, who also happened to be a fiscally hawkish cryptocurrency entrepreneur whose policy page begins with "Re-legalizing cannabis" and ends with "Your body is yours"?

Meet Brock Pierce, one of the more unusual characters to ever make it on the presidential ballot of 16 states. Pierce in his four decades on the planet has been a child actor (The Mighty Ducks), teenaged dot-com cautionary tale (at the notorious Digital Entertainment Network), online gaming pioneer, and founder of the cryptocurrency Tether. Controversy has followed him at every step, including during his 17 weeks as White House aspirant. (See this July interview with Forbes for Pierce's responses to several of the accusations.)

"I obviously identify with and resonate with and connect with my libertarian brothers and sisters on so many levels," Pierce told me in a phone interview Saturday. And yet, like Unity 2020's Bret Weinstein (with whom Pierce says he's had several conversations), the independent believes our current political crisis is grave enough ("we're probably going to have another wave of riots, potentially civil war, economic sort of carnage," he says) that all pre-existing third parties, as well as millions of disgruntled Democrats and Republicans, should assemble into a cross-partisan movement based more on values and integrity than tribal loyalty and narrow ideology.

Pierce, to be sure, also favors policies libertarians might find less congenial, such as a Universal Earned Income and re-writing Section 230 of the Communications Decency Act.

Regardless, he vows, this is only the beginning: "I think by November 5, I'm going to announce that I've already got 35 to 40 states [ballot access] already done" for 2024, he says. This may be the first time you've heard of Brock Pierce, but he swears it won't be the last.

The following is an edited version of our conversation.

---

Reason: Why the hell are you running for president, Brock Pierce?

Pierce: I can summarize it in one word: love.

Reason: Wow.

Pierce: Love for this country. Love for the American people at a time where we need love and unity. These United States feel very much like the divided states right now. We're divided politically, economically, racially. We face very real existential threats environmentally, technologically, arguably pandemically. Conflicts potentially with other nation-states. We have to find a path to unity, we need visionary leadership that has their finger on the pulse regarding things like technology, fiscal policy, the list goes on.

Reason: You joined us in July, right? Why so kind of late in the scheme of things, or what wasthe triggering mechanism that caused you to jump in in July, as opposed to July of the previous year?

Pierce: Well, I'm an independent candidate, and so July 4 is the day that I announced. An auspicious day for an independent candidate!

I turn 40 in two weeks, and so I am laying the foundation and the groundwork for a presidential run in 2024. I'll have been running for essentially four and a half years.

Reason: I see. So look, I write for a libertarian magazine, we're really disproportionately into stuff like blockchains, like ending the war on drugs, legalizing marijuana, balancing the budget. You've got all of those things checked off, and in fact, they are prominent in your emphases. Why not take a run at the Libertarian Party, which actually has ballot access in 50 states?

Pierce: I obviously identify with and resonate with and connect with my libertarian brothers and sisters on so many levels. The thing that I think needs to happen though is, we have to find a way of uniting the third parties. The last third-party candidate to be elected president was Abraham Lincoln. And Abraham Lincoln was able to unite the third parties by creating a government of rivals, you know, divided we fall, united we stand. Clearly we need to bring on the libertarian community. We gotta like Voltron with all of these groups, because we are bigger, the independents are bigger, than the Republicans, the independents are bigger than the Democrats. But we're consistently divided. And so I clearly intend to speak to and connect with libertarians.

In terms of 50-state ballot access, I've got that solved already. I was able to do 16 states, and could have done 25 at least, and that's starting on July 4. It took the Libertarian Party probably a couple of decades to figure out how to do it; I've got it figured out in six months. It's not that hard.

Reason: What are the big priorities, or things that you think need to be changed, that your independent candidacy or presidency is uniquely poised to address or affect?

Pierce: Well, I think part of it is how we measure and define our success. What is our aim as a nation? If you don't have an aim or a vision, you're going to wander aimlessly. And so, how do we create a unified vision as a country?

One of the things I like to talk about is, the way that we've been measuring our success historically as a nation has been by growth, or GDP. The problem with growth is it assumes that we have infinite resources, which we've known for quite a while we don't have. It also doesn't differentiate between positive and negative growth, and we also have a lot of crony capitalism, right? And so I think how we measure and define our success is a conversation that needs to be had.

The founders of this country had a wonderful intention for us, which was "life, liberty, and the pursuit of happiness." And so here's an idea that I propose: What if we started to measure our success by life expectancy? Did you know that life expectancy in this country has been in decline the last few years, despite all the advancements in medicine, science, and technology? What if we started to measure our success by life? Policy and everything would start to change, and we'd start to have real wealth, which is our individual health.

What if we started to define and measure our success as a nation by our liberty? We are supposed to be the Land of the Free, after all. But we have more people in prison than any other country in the world, in total and per capita. It doesn't sound like liberty is the goal. I believe in law and order; I think it's a foundation of a well-functioning society. But it's meant to protect and serve. Our police departments are arresting more people to get a bigger budget to hire more cops to arrest more people to get a bigger budget to hire.It's growth, it's just infinite growth, it's blind growth, it's not mindful growth, it's not thoughtful growth. And so, what if we started to measure our success by liberty?

And then, of course, happiness. There's already countries around the world that are measuring their success by happiness. So how do we upgrade the operating system of the United States? How do we define and measure our success? Because growth is not going to work anymore. So that's just one concept.

Another thing is, let's talk about the U.S. dollar. The U.S. dollar is the foundation of this nation, the foundation of this nation's economy. If something negative were to happen to the dollar, it would have very material adverse effects on all of our lives, all of our businesses, and all of our institutions. And it is at risk because of our national debt, because of our fiscal policy. Did you know that 22 percent of all dollars in existence were created this year?

Reason: Wow, I did not.

Pierce: I mean, that's a frightening number, isn't it? [The dollar] is at risk because of the things that we're doing here domestically that are eroding faith, trust, and confidence in it. And it's also at risk because of external threats.

One of the things I did is I created the U.S. digital dollarin 2014, which is doing $10 trillion a year in transactional volume. Governments around the world are using that framework to enhance their currency with technology. The Chinese government is years ahead of everyone else with their new Chinese digital Wuan. We don't even talk about fiscal policy in our election. I mean, these things matter, and they're not being discussed.

Technology itself beyond just the dollar is also We know technology is changing the world, and it's doing so at an accelerated pace. Our technology leaders [just] testified before our elected officials, I mean, the questions they're asking are embarrassing. At a time where the impact of technology is very real and technology is a tool, it is not good or bad, it's how we use it will determine the impact it has. I mean, look at The Social Dilemma on Netflix, and how technology is impacting our democracy. The potential risks to free speech and the censorship that's starting to happen. Which is not new, it just is becoming visible, and the whole country at leastis starting to see it.

Now with artificial intelligence, automation, roboticsI mean, the landscape of work is going to be changing rapidly. There are three and a half million truck drivers in this country, then add [the drivers for] Uber, Lyft, and taxis. This is not science fiction: Driverless cars, driverless trucks, they're on the road already over the course of the next four to eight years. Then we're talking about tens of millions of jobs that are going to disappear because they've been replaced by technology. We need leadership, visionary leadership with the foresight to navigate the road ahead with their finger on the pulse.

I continue back to the war on drugs: Yes, we need to end that. Let's re-legalize nature. When did we outlaw nature to begin with and why? Oh yeah, it was for plastic, cotton, and paper. So we outlawed nature because our new products couldn't compete with hemp. I think it's important to do that. Let's end this war on drugs, let's end locking people up in prison for victimless crimes, for cannabis-related things, and so forth. The answer for drug addiction isn't locking people up in cages at great expense to the American people. This is a social issue, a mental health issue. Let's actually help people help themselves to live a more prosperous life.

Reason: Silicon Valley companies [are] being hauled in front of Congress. It's now kind of a bipartisan agreement, which is usually a scary moment, to rewrite Section 230 of the Communications Decency Act. Where do you stand on that narrow question of, should that be rewritten in some way to affect the behavior of the Silicon Valley giants?

Pierce: I think the answer is yes. You're either a platform or a publisher. As a platform, you don't have liability because you are permitting free speech. The moment you choose to be a publisher and censor, then you become liable. You can't have your cake and eat it, too, and define what you are. If you want to be a platform, be a platform; if you want to be a publisher, be a publisher. These are companies that have that choice. You just can't have both.

Reason: We have a comments section. Are we liable for every damn fool thing our commenters say, under your vision?

Pierce: Now, yeah, we're getting further narrowI mean, this is back to publisher or platform.

Reason: I mean, we're a publisher that allows people

Pierce: That's tier two of the question. Tier one is, are you censoring speech as a social media platform? Or as a publisher, do you have comments sections? I think that's a secondary issue. I think the primary issue is as the platforms, are they censoring major speech? When we're getting into the nitty-gritty details of your comments section, I think that's a lesser issue, but I see the point that you're making.

Reason: It's just that the platform-publisher distinction can be a gray area, and when you increase the legal

Pierce: Agreed, and I think they're two very different issues. One is the comment sections and what your users are saying. Another is literally manipulating what an entire world, the nation, sees. I don't know if you saw the leaked Google video where you had the senior Google executives saying that "we're just going to make it so that conservative opinions are not seen by anyone." I mean, they're very different issues but they fall into the same vein.

Reason: Talking about the truckers who are going to be replaced by automated drivingthis gets into some Andrew Yangism. He had the Universal Basic Income idea. You have the Universal Earned Income. Talk about that a little bit.

Pierce: So if we have tens of millions of jobs that are going to be disappearing because of technologywhich doesn't need to be a bad thing; I get up and I live to work, I live to serve. But a lot of people work to live or to survive.We can't have tens of millions of people desperate. If tens of millions of people are desperate to survive, the pitchforks come out, so we have to find a solution to give people the necessary safety net to become re-skilled, to retrain, to find other ways to be productive members of society.

I think Universal Earned Income is the answer, similar to Universal Basic Income, except for there's an earned component. How do you earn it? Is it by voting? Is it by being an American citizen? Is it you make your first dollar and then you just proceed the rest? These are the questions in the conversation that I wish to continue to have with all those parties that are interested in doing it.

Reason: So you are talking about unity, and getting people on the same page. Do you think in these times when we have a lot of polarized, tribal rhetorical warfare with one another, in which, for instance, Hollywood and Silicon Valley are seen as being definitely on one side of this issuethat's kind of where you come from! Are you the person to convince people who are skeptical of those major centers of power to rally around an independent flag?

Pierce: I hope so. I mean, my message resonates with people on the far left and the far right, because I think I'm like a majority of Americans: people that want to live and let live, to take responsibility for our actions. I think the majority of us are in the middle. We've just been divided through these very polarized two limited choices that we have. You're like, "Well, I don't like that, I'm against that. Therefore, I'm going to vote for this." I think as a nation, it's less about what we're against. We have to get out of that mindset and start to think about what we're for. What do we stand for?

And I think that's a big part of the problem. I mean like 70 percent of Democrats and Republicans are unhappy with their choices. So I think this country is going to stay in this perpetual loop until we start to act according to our conscience, to vote our conscience, not to vote out of fear, but to vote for what we believe in. I think that we need more choices. Hence, I'm presenting another one here now.

Reason: You started this conversation with the word "love." On your website, one of your five major areas is "Regeneration." Am I wrong to detect a little bit of overlap with Marianne Williamson here? There's a spiritual component of yours that people might associate with a more kind of New Age uplift.

Pierce: You could call it "spirituality," if that's what resonates with you. I'm a very spiritual person. But it's also all very logical. It's based upon common sense, very logical sensible ideas. I'm a fan of Marianne Williamson and Andrew Yang. And if the things that I'm doing trigger in a positive way those associations, I'm glad to hear it. You're the first person to have said that.

Reason: Speaking of weird associations, or associations regardless of what one thinks about them, according to the very well-informed website Wikipedia, you did business with Steve Bannon at one point, 12, 13 years ago.

Pierce: Steve worked for me in my mid-20s.

Reason: What is your reflection on his role in the American political conversation since?

Pierce: Well, when he worked for me, he was still an investment banker. And so, he was my deal guy that executed my financings and things of that nature. So his foray into the political realm occurred after his tenure of working for me. It's been interesting to seeI guess inspiring in the sense that I saw someone basically jump into politics and fairly quickly ascend all the way through the ranks almost as far as one could go. But Steve and I are obviously very different people.

Reason: Building on that, you're running against Donald Trump and Joe Biden in the year 2020. What is your biggest criticism of each?

Pierce: I tend not to get into criticisms of others. I mean, there's so much of that happening right now. If you turn on your television, you open up anything, it's pretty much all negative sort of messaging towards the two major-party candidates. So I don't really spend time on that.

I'd say that the big difference is that I've got a strong technology background. I've been on the forefront of innovation for a very long time. I'm half of Joe Biden's age, like, exactly: I'm 39; he's 78. And so I think that we're going to need younger leadership over the course of this next decade. Most of our leadership historically have been in their 40s and 50s; typically, our presidents are not in their 60s, certainly not in their 70s, ever. The oldest president ever elected in U.S. history in their first term was Donald Trump at 70. This is all new territory, at a time where I think we need people that are more in touch with the present reality.

Reason: What do you worry is going to happen in the next four years regardless of who wins?

Pierce: It's going to be a rough road. I wish I could say otherwise. The ripple effects of shutting down the U.S. economy, the impact on the American Dream, unemployment, the 22 percent more dollarsand that's going to be a lot more over the next year. We're in for a lot of trouble and a lot of polarization. Just the next week aloneI mean, we're probably going to have another wave of riots, potentially civil war, economic sort of carnage.

That's why I'm running for office. I think we're doomed if we don't do something different, and I'm not the type of person that just sits on the sidelines; I'm going to do everything I can to fix it. That just means delivering a message and sharing vision and ideas. I don't care who implements it. If these things get implemented and everybody wins, that's good enough for me.

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Meet Brock Pierce, the Drug-Legalizing Cryptocurrency Entrepreneur on the Presidential Ballot in 16 States - Reason