[Editors note: Quantum Computing Will Be Bigger Than the Discovery of Fire! was previously published in June 2022. It has since been updated to include the most relevant information available.]
Its commonly appreciated that the discovery of fire was the most profound revolution in human history. And yesterday, I read that a major director at Bank of America (BAC) thinks a technology that hardly anyone is talking about these days could be more critical for humankind than fire!
Thats about as bold of a claim as you could make when it comes to technological megatrends. If true, this tech could be the most promising and lucrative investment opportunity of anyones lifetime.
The directors name? Haim Israel, head of global thematic investing research at BofA.
In his words, this technology could create a revolution for humanity bigger than fire, bigger than the wheel.
What on Earth is Mr. Israel talking about?
Two words: Quantum Computing.
Ill start by saying that the underlying physics of this breakthrough quantum mechanics is highly complex. It would likely require over 500 pages to fully understand.
But, alas, heres my best job at making a Cliffs Notes version in 500 words instead.
For centuries, scientists have developed, tested, and validated the laws of the physical world, known as classical mechanics. These scientifically explain how and why things work, where they come from, so on and so forth.
But in 1897, J.J. Thomson discovered the electron. And he unveiled a new, subatomic world of super-small things that didnt obey the laws of classical mechanics at all. Instead, they obeyed their own set of rules, which have since become known as quantum mechanics.
The rules of quantum mechanics differ from that of classical mechanics in two very weird, almost-magical ways.
First, in classical mechanics, objects are in one place at one time. You are either at the store or at home, not both.
But in quantum mechanics, subatomic particles can theoretically exist in multiple places at once before theyre observed. A single subatomic particle can exist in point A and point B at the same time until we observe it. And at that point, it only exists at either point A or point B.
So, the true location of a subatomic particle is some combination of all its possible positions.
This is called quantum superposition.
Second, in classical mechanics, objects can only work with things that are also real. You cant use an imaginary friend to help move the couch. You need a real friend instead.
But in quantum mechanics, all those probabilistic states of subatomic particles are not independent. Theyre entangled. That is, if we know something about the probabilistic positioning of one subatomic particle, then we know something about the probabilistic positioning of another. That means these already super-complex particles can actually work together to create a super-complex ecosystem.
This is called quantum entanglement.
So, in short, subatomic particles can theoretically have multiple probabilistic states at once. And all those probabilistic states can work together again, all at once to accomplish some task.
Pretty wild, right?
It goes against everything classical mechanics had taught us about the world. It goes against common sense. But its true. Its real. And, now, for the first time ever, we are leaning how to harness this unique phenomenon to change everything about everything
This is why Mr. Israel is so excited about quantum computing. Its why he thinks it could be more revolutionary than the discovery of fire or the invention of the wheel.
I couldnt agree more.
Mark my words. Over the next few years, everything will change because of quantum mechanics. And some investors are going to make a lot of money.
The study of quantum theory has led to huge advancements over the past century. Thats especially true over the past decade. Scientists at leading tech companies have started to figure out how to harness the power of quantum mechanics to make a new generation of super quantum computers. And theyre infinitely faster and more powerful than even todays fastest supercomputers.
In Mr. Israels own words: By the end of this decade, the amount of calculations that we can make [on a quantum computer] will be more than the atoms in the visible universe.
Again, the physics behind quantum computers is highly complex. But once again, heres my Cliffs Notes version.
Todays computers are built on top of the laws of classical mechanics. That is, they store information on what are called bits, which can store data binarily as either 1 or 0.
But what if you could turn those classical bits into quantum bits qubits to leverage superpositioning to be both 1 and 0 stores at once?
Further, what if you could leverage entanglement and have all multi-state qubits work together to solve computationally taxing problems?
Theoretically, youd create a machine with so much computational power that it would make todays most advanced supercomputers seem ancient.
Thats exactly whats happening today.
Google has built a quantum computer thats about 158 million times faster than the worlds fastest supercomputer.
Thats not hyperbole. Thats a real number.
Imagine the possibilities behind a new set of quantum computers 158 million times faster than even todays fastest computers
Wed finally have the level of AI that you see in movies. The biggest limitation to AI today is the robustness of machine learning algorithms, which are constrained by supercomputing capacity. Expand that capacity, and you get infinitely improved machine learning algos and infinitely smarter AI.
We could eradicate disease. We already have tools like gene editing. But its effectiveness relies of the robustness of the underlying computing capacity to identify, target, insert, cut, and repair genes. Insert quantum computing capacity, and all that happens without error in seconds allowing us to fix anything about anyone.
We could finally have that million-mile EV. We can only improve batteries if we can test them. And we can only test them in the real world so much. Therefore, the key to unlocking a million-mile battery is through simulation. And the quickness and effectiveness of simulations rest upon the robustness of underlying computing capacity. Make that capacity 158 million times bigger, and cellular simulation will happen 158 million times faster.
The economic opportunities here are truly endless.
One issue I have with emerging technological breakthroughs is that theyre usually focused on solving tomorrows problems. And we need tools to solve todays problems.
But quantum computing doesnt have that focus. Instead, it could prove mission-critical in helping us solve todays problems.
Lets revisit the making of a million-mile EV.
Were amid a global energy crisis defined by soaring oil prices. As a result, were all paying $5-plus per gallon for gas. Thats unreal. And its hurting everyone.
Of course, the ultimate fix is for everyone to buy electric vehicles. But EVs are technologically limited today. On average, they max out at about 250 miles of driving range. And theyre also pretty expensive.
Quantum computing could change that. It could allow us to create a million-mile EV rather soon. And through material simulation and battery optimization modeling, itd also dramatically reduce the costs of EV manufacturing.
In other words, with the help of quantum computing, we could be just years away from $15,000 EVs that can drive up to 1,000 miles on a single charge.
Indeed, auto makers like Hyundai (HYMTF) and Volkswagen (VWAGY) are already using quantum computers to make next-gen high-performance, low-cost EVs. These are EVs that actually drive as far as your gas car and cost less than it, too!
And those are the vehicles that will change the world, not todays $70,000 Teslas or $100,000-plus Lucid (LCID) cars. The EVs that will change the world will drive 1,000-plus miles and cost less than $15,000.
Quantum computing is the key to making those EVs.
Alas, I repeat: Quantum computing isnt a science-fiction project that will help the world in 10 years. Its a breakthrough technology that can help solve the worlds problems today!
And the most pertinent application? Electric vehicles.
Quantum computing is the most underrated, most transformational technological breakthrough since the internet.
In fact, it may be bigger than the internet. As Mr. Israel said, it may bigger than the discovery of fire itself.
The first tangible, value-additive application of quantum computing technology electric vehicles.
We truly believe that quantum computing will meaningfully accelerate the EV Revolution. Over the next few years, it will help to develop new EVs that last forever and cost next to nothing.
Forget Tesla. Focus on the next wave of EV makers that will make these quantum-enabled cars.
Believe it or not, one of those companies is Apple (AAPL).
Yep. You read that right. The worlds largest company is reportedly preparing to launch an electric vehicle very soon. Given its expertise in creating home-run-hit hardware products, we think Apples EV will drive us into an electric future.
And guess what? We found a $3 stock that we believe will become the exclusive supplier of the Apple cars most important technology.
According to our numbers, it could soar 40X from current levels.
Not 10X, 20X, or 30X 40X a potential investment that turns every $10,000 into $400,000.
Needless to say, its an opportunity that you need to hear about today.
On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article.
See the article here:
Quantum Computing Will Be Bigger Than the Discovery of Fire! - InvestorPlace
- Time Crystals Could be the Key to the First Quantum Computer - TrendinTech [Last Updated On: May 3rd, 2017] [Originally Added On: May 3rd, 2017]
- The Quantum Computer Revolution Is Closer Than You May Think - National Review [Last Updated On: May 3rd, 2017] [Originally Added On: May 3rd, 2017]
- Chinese scientists build world's first quantum computing machine - India Today [Last Updated On: May 3rd, 2017] [Originally Added On: May 3rd, 2017]
- Quantum Computing | D-Wave Systems [Last Updated On: May 3rd, 2017] [Originally Added On: May 3rd, 2017]
- Quantum computing utilizes 3D crystals - Johns Hopkins News-Letter [Last Updated On: May 4th, 2017] [Originally Added On: May 4th, 2017]
- Quantum Computing and What All Good IT Managers Should Know - TrendinTech [Last Updated On: May 4th, 2017] [Originally Added On: May 4th, 2017]
- World's First Quantum Computer Made By China 24000 Times Faster Than International Counterparts - Fossbytes [Last Updated On: May 4th, 2017] [Originally Added On: May 4th, 2017]
- China adds a quantum computer to high-performance computing arsenal - PCWorld [Last Updated On: May 6th, 2017] [Originally Added On: May 6th, 2017]
- Quantum computing: A simple introduction - Explain that Stuff [Last Updated On: May 6th, 2017] [Originally Added On: May 6th, 2017]
- What is Quantum Computing? Webopedia Definition [Last Updated On: May 6th, 2017] [Originally Added On: May 6th, 2017]
- Quantum Computing Market Forecast 2017-2022 | Market ... [Last Updated On: May 6th, 2017] [Originally Added On: May 6th, 2017]
- China hits milestone in developing quantum computer - South China Morning Post [Last Updated On: May 8th, 2017] [Originally Added On: May 8th, 2017]
- China builds five qubit quantum computer sampling and will scale to 20 qubits by end of this year and could any beat ... - Next Big Future [Last Updated On: May 8th, 2017] [Originally Added On: May 8th, 2017]
- Five Ways Quantum Computing Will Change the Way We Think ... - PR Newswire (press release) [Last Updated On: May 8th, 2017] [Originally Added On: May 8th, 2017]
- Quantum Computing Demands a Whole New Kind of Programmer - Singularity Hub [Last Updated On: May 9th, 2017] [Originally Added On: May 9th, 2017]
- New materials bring quantum computing closer to reality - Phys.org - Phys.Org [Last Updated On: May 9th, 2017] [Originally Added On: May 9th, 2017]
- Researchers Invent Nanoscale 'Refrigerator' for Quantum ... - Sci-News.com [Last Updated On: May 11th, 2017] [Originally Added On: May 11th, 2017]
- China's New Type of Quantum Computing Device, Built Inside a Diamond - TrendinTech [Last Updated On: May 11th, 2017] [Originally Added On: May 11th, 2017]
- Molecular magnets closer to application in quantum computing - Next Big Future [Last Updated On: May 11th, 2017] [Originally Added On: May 11th, 2017]
- New Materials Could Make Quantum Computers More Practical - Tom's Hardware [Last Updated On: May 11th, 2017] [Originally Added On: May 11th, 2017]
- Home News Computer Europe Takes Quantum Computing to the Next Level With this Billion Euro... - TrendinTech [Last Updated On: May 13th, 2017] [Originally Added On: May 13th, 2017]
- Researchers seek to advance quantum computing - The Stanford Daily [Last Updated On: May 13th, 2017] [Originally Added On: May 13th, 2017]
- quantum computing - WIRED UK [Last Updated On: May 13th, 2017] [Originally Added On: May 13th, 2017]
- Scientists Invent Nanoscale Refrigerator For Quantum Computers - Wall Street Pit [Last Updated On: May 14th, 2017] [Originally Added On: May 14th, 2017]
- D-Wave Closes $50M Facility to Fund Next Generation of Quantum Computers - Marketwired (press release) [Last Updated On: May 17th, 2017] [Originally Added On: May 17th, 2017]
- Quantum Computers Sound Great, But Who's Going to Program Them? - TrendinTech [Last Updated On: May 17th, 2017] [Originally Added On: May 17th, 2017]
- Quantum Computing Could Use Graphene To Create Stable Qubits - International Business Times [Last Updated On: May 18th, 2017] [Originally Added On: May 18th, 2017]
- Bigger is better: Quantum volume expresses computer's limit - Ars Technica [Last Updated On: May 18th, 2017] [Originally Added On: May 18th, 2017]
- IBM's Newest Quantum Computing Processors Have Triple the Qubits of Their Last - Futurism [Last Updated On: May 18th, 2017] [Originally Added On: May 18th, 2017]
- It's time to decide how quantum computing will help your business - Techworld Australia [Last Updated On: May 20th, 2017] [Originally Added On: May 20th, 2017]
- IBM makes a leap in quantum computing power - PCWorld [Last Updated On: May 20th, 2017] [Originally Added On: May 20th, 2017]
- IBM scientists demonstrate ballistic nanowire connections, a potential future key component for quantum computing - Phys.Org [Last Updated On: May 20th, 2017] [Originally Added On: May 20th, 2017]
- The route to high-speed quantum computing is paved with error - Ars Technica UK [Last Updated On: May 20th, 2017] [Originally Added On: May 20th, 2017]
- IBM makes leap in quantum computing power - ITworld [Last Updated On: May 22nd, 2017] [Originally Added On: May 22nd, 2017]
- Researchers push forward quantum computing research - The ... - Economic Times [Last Updated On: May 22nd, 2017] [Originally Added On: May 22nd, 2017]
- Quantum Computing Research Given a Boost by Stanford Team - News18 [Last Updated On: May 22nd, 2017] [Originally Added On: May 22nd, 2017]
- US playing catch-up in quantum computing - The Register-Guard [Last Updated On: May 22nd, 2017] [Originally Added On: May 22nd, 2017]
- Stanford researchers push forward quantum computing research ... - The Indian Express [Last Updated On: May 23rd, 2017] [Originally Added On: May 23rd, 2017]
- NASA Scientist Eleanor Rieffel to give a talk on quantum computing - Chapman University: Happenings (blog) [Last Updated On: May 23rd, 2017] [Originally Added On: May 23rd, 2017]
- Graphene Just Brought Us One Step Closer to Practical Quantum Computers - Futurism [Last Updated On: May 23rd, 2017] [Originally Added On: May 23rd, 2017]
- IBM Q Offers Quantum Computing as a Service - The Merkle [Last Updated On: May 23rd, 2017] [Originally Added On: May 23rd, 2017]
- How quantum computing increases cybersecurity risks | Network ... - Network World [Last Updated On: May 23rd, 2017] [Originally Added On: May 23rd, 2017]
- Quantum Computing Is Going Commercial With the Potential ... [Last Updated On: May 23rd, 2017] [Originally Added On: May 23rd, 2017]
- Is the US falling behind in the race for quantum computing? - AroundtheO [Last Updated On: May 26th, 2017] [Originally Added On: May 26th, 2017]
- Quantum computing, election pledges and a thief who made science history - Nature.com [Last Updated On: May 26th, 2017] [Originally Added On: May 26th, 2017]
- Top 5: Things to know about quantum computers - TechRepublic [Last Updated On: May 26th, 2017] [Originally Added On: May 26th, 2017]
- Google Plans to Demonstrate the Supremacy of Quantum ... - IEEE Spectrum [Last Updated On: May 26th, 2017] [Originally Added On: May 26th, 2017]
- Quantum Computing Is Real, and D-Wave Just Open ... - WIRED [Last Updated On: May 26th, 2017] [Originally Added On: May 26th, 2017]
- IBM to Sell Use of Its New 17-Qubit Quantum Computer over the Cloud - All About Circuits [Last Updated On: May 28th, 2017] [Originally Added On: May 28th, 2017]
- Doped Diamonds Push Practical Quantum Computing Closer to Reality - Motherboard [Last Updated On: May 28th, 2017] [Originally Added On: May 28th, 2017]
- For more advanced computing, technology needs to make a ... - CIO Dive [Last Updated On: May 30th, 2017] [Originally Added On: May 30th, 2017]
- Microsoft, Purdue Extend Quantum Computing Partnership To Create More Stable Qubits - Tom's Hardware [Last Updated On: May 30th, 2017] [Originally Added On: May 30th, 2017]
- AI and Quantum Computers Are Our Best Weapons Against Cyber Criminals - Futurism [Last Updated On: May 30th, 2017] [Originally Added On: May 30th, 2017]
- Toward mass-producible quantum computers | MIT News - MIT News [Last Updated On: June 1st, 2017] [Originally Added On: June 1st, 2017]
- Purdue, Microsoft Partner On Quantum Computing Research | WBAA - WBAA [Last Updated On: June 1st, 2017] [Originally Added On: June 1st, 2017]
- Tektronix AWG Pulls Test into Era of Quantum Computing - Electronic Design [Last Updated On: June 1st, 2017] [Originally Added On: June 1st, 2017]
- Telstra just wants a quantum computer to offer as-a-service - ZDNet [Last Updated On: June 1st, 2017] [Originally Added On: June 1st, 2017]
- D-Wave partners with U of T to move quantum computing along - Financial Post [Last Updated On: June 1st, 2017] [Originally Added On: June 1st, 2017]
- MIT Just Unveiled A Technique to Mass Produce Quantum Computers - Futurism [Last Updated On: June 1st, 2017] [Originally Added On: June 1st, 2017]
- Here's how we can achieve mass-produced quantum computers ... - ScienceAlert [Last Updated On: June 1st, 2017] [Originally Added On: June 1st, 2017]
- Research collaborative pursues advanced quantum computing - Phys.Org [Last Updated On: June 1st, 2017] [Originally Added On: June 1st, 2017]
- Team develops first blockchain that can't be hacked by quantum computer - Siliconrepublic.com [Last Updated On: June 3rd, 2017] [Originally Added On: June 3rd, 2017]
- Quantum computers to drive customer insights, says CBA CIO - CIO - CIO Australia [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- FinDEVr London: Preparing for the Dark Side of Quantum Computing - GlobeNewswire (press release) [Last Updated On: June 8th, 2017] [Originally Added On: June 8th, 2017]
- Scientists May Have Found a Way to Combat Quantum Computer Blockchain Hacking - Futurism [Last Updated On: June 9th, 2017] [Originally Added On: June 9th, 2017]
- Purdue, Microsoft to Collaborate on Quantum Computer - Photonics.com [Last Updated On: June 9th, 2017] [Originally Added On: June 9th, 2017]
- From the Abacus to Supercomputers to Quantum Computers - Duke Today [Last Updated On: June 12th, 2017] [Originally Added On: June 12th, 2017]
- Microsoft and Purdue work on scalable topological quantum computer - Next Big Future [Last Updated On: June 12th, 2017] [Originally Added On: June 12th, 2017]
- Are Enterprises Ready to Take a Quantum Leap? - IT Business Edge [Last Updated On: June 12th, 2017] [Originally Added On: June 12th, 2017]
- A Hybrid of Quantum Computing and Machine Learning Is Spawning New Ventures - IEEE Spectrum [Last Updated On: June 14th, 2017] [Originally Added On: June 14th, 2017]
- The Machine of Tomorrow Today: Quantum Computing on the Verge - Bloomberg [Last Updated On: June 14th, 2017] [Originally Added On: June 14th, 2017]
- KPN CISO details Quantum computing attack dangers - Mobile World Live [Last Updated On: June 15th, 2017] [Originally Added On: June 15th, 2017]
- Accenture, Biogen, 1QBit Launch Quantum Computing App to ... - HIT Consultant [Last Updated On: June 15th, 2017] [Originally Added On: June 15th, 2017]
- Angry Birds, qubits and big ideas: Quantum computing is tantalisingly close - The Australian Financial Review [Last Updated On: June 15th, 2017] [Originally Added On: June 15th, 2017]
- Consortium Applies Quantum Computing to Drug Discovery for Neurological Diseases - Drug Discovery & Development [Last Updated On: June 15th, 2017] [Originally Added On: June 15th, 2017]
- Accenture, 1QBit partner for drug discovery through quantum computing - ZDNet [Last Updated On: June 15th, 2017] [Originally Added On: June 15th, 2017]
- How to get ahead in quantum machine learning AND attract Goldman Sachs - eFinancialCareers [Last Updated On: June 15th, 2017] [Originally Added On: June 15th, 2017]
- Quantum computing, the machines of tomorrow - The Japan Times [Last Updated On: June 16th, 2017] [Originally Added On: June 16th, 2017]
- Toward optical quantum computing - MIT News [Last Updated On: June 17th, 2017] [Originally Added On: June 17th, 2017]
- Its time to decide how quantum computing will help your ... [Last Updated On: June 18th, 2017] [Originally Added On: June 18th, 2017]