RETHINK IT

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 The next session will be on 10th & 11th of March, 2020.

The Future of Software Development

 

On the 10th and 11th of March 2020 board members, managing directors and heads of innovation of the DACH IT industry will get together for the strategy session “Rethink IT”. The upcoming session focuses on the Future of Software Development. Registration will open soon!

 


Session 2019/2

The Future of Quantum Computing

 

On October 23rd we got together for the strategy session “Rethink IT”. The session is in direct line to the Quantum Summit of 2b AHEAD’s Future Congress of 2017 and focused on the future of quantum computing.

 

The Story

The Second Quantum Revolution

 

The second quantum revolution is unfolding right before our eyes. The first quantum revolution gave us new rules that govern physical reality. The second is all about making use of the quantum properties in the world on an individual level. We are exploiting the enormous advancements in our ability to detect and manipulate single quantum objects.

 

Governments worldwide are supporting the efforts of the second quantum revolution with huge financial efforts. The European Union’s Quantum Technologies Flagship has an overall budget of €1 billion for the next ten years. The US launched their National Quantum Initiative just at the end of last year and provides $1.2 billion for quantum information science over an initial five-year period. China is also putting in huge efforts, and has launched a megaproject for quantum communications and computing in their current five-year plan. China is also currently building a National Laboratory for Quantum Information Sciences, which has an initial funding of more than $1 billion and is expected to open its doors next year.

 

The NISQ-era

 

Quantum computing still faces some serious hurdles before the full-scale quantum computers that Feynman and Manin envisioned in the early 1980s will be available. These hurdles consist of problems with the quality of qubits and the accuracy with which quantum gate operations can be done. They currently still have error rates that prevent them from scaling up. John Preskill named the upcoming phase of quantum computing the “Noisy Intermediate-Scale Quantum” (NISQ) phase. It is a phase where we do not have fully error corrected quantum computers. Qubits are inherently susceptible to outer interferences that make calculations noisy. Estimates for full-scale error corrected quantum computers demand up to 1000 physical qubits for one logical qubit. There is also a serious problem in debugging quantum algorithms, since a measurement of an intermediary step will stop any superposition that would be needed in further steps of the calculation. But there can still be useful applications for these kinds of machines, that are currently being investigated.

 

Quantum Supremacy?

 

You have probably read the recent headlines that state that Google claims to have achieved Quantum Supremacy. These articles usually end with the disclaimer that Google declines to comment. The claim of  Quantum Supremacy is currently in its own superposition of being claimed and not being claimed.

If the leaked claim holds up, it is going to be the first demonstration of having run a problem on a quantum computer that can not be feasible to run on a classical computer. This means that a polynomial quantum speed-up would have been shown and the Extended Church-Turing Thesis does not hold.

 

But what are the actual implications? How far away are we from solving valuable problems on quantum computers? When will a quantum advantage been achieved? What are the industries that will be disrupted the most by quantum computing?


Speaker

Witold Kowalczyk, Director European Business Development, Zapata Computing Inc.

 

He’s a Forbes 30 Under 30 alumni. Founder & CEO of multiple startups within the AI and quantum tech industry. Founded BOHR Technology, a company working on quantum machine learning algorithms and software for solving complex optimization problems. At BOHR he was in charge of the startup’s growth strategy, product management and international business development. 

Sam Mugel, Co-Founder of Multiverse Computing

 

Multiverse Computing is working on developing quantum computing use-cases in finance.

 

Their paper: “Quantum Computing for Finance: Overview and Prospects” written by Multiverse Computing, is currently among the most downloaded reviews in physics papers.

 

Samuel was the Technical Director for the Quantum Revolution Fund in Barcelona.

Lior Zaks - Crypto pioneer from Silicon Wadi

 

Lior Zaks has been an early adopter and ambassador of crypto-currencies and distributed ledger technologies since 2010 and researches monetary theories and crypto currencies at Tel-Aviv University.

 

He has also worked as a Strategic Business Developer for a major blockchain supply chain leader. He is a consultant on other large blockchain projects and is a sought-after speaker as a proven expert with broad practical experience in an innovative future industry.

Prof. Winfried Hensinger - Professor of Quantum Technologies, University of Sussex

Co-Founder & Chief Scientist Universal Quantum

 

Universal Quantum is a spinoff from the Ion Quantum Technology Group. Their goal is to develop practical quantum computers using microwave trapped ion technology that uses long-wavelength radiation and locally applied magnetic fields to replace the vast amounts of individually controlled laser beams used in other ion trap implementations.


The Study

Rüdiger Pfeiffer, 2b AHEAD Research Fellow, conducted in-depth research and about 20 expert interviews in the last three months for the study “Future of Quantum Computing”. He travelled to Silicon Valley, Berkeley, Los Angeles and Boston to conduct some of these interviews with researchers and founders in person. We are currently in the process of evaluating these interviews and condensing them into an outlook of the future of quantum computing.

Be there when we present the preliminary results of the study and answer with us the question:

 

How will quantum computing become relevant for my business model?


Agenda

09:00 Introduction by Jand Berger, CEO of 2bAHEAD ThinkTank

             Business Speed Dating

 

09:45 Presentation of the preliminary results from the study "The future of Quantum Computing"

 

11:00 Expert panel about applications for quantum computing

 

12:30 Lunch

 

13:30 Expert session on building a quantum computer

 

15:30 Developing strategic recommendations

 

17:00 End

Scientifically accompanied by...

 

 

Jan Berger

CEO

2b AHEAD ThinkTank

 




NOTE

A note on how to deal with the press: With your signature you agree that you may be quoted with the words spoken during the panels and shown with the static and moving pictures taken during the panels. The complete exploitation rights for the online and offline documentation lies with the organizer.

 

Consent to the processing of personal data: With your registration you consent to the storage of the data you voluntarily provide for the purpose of carrying out the 2b AHEAD ThinkTank(s) as well as for inclusion and publication in the participants' directory of the event on online and offline media. The data will not be transferred to uninvolved third parties. The data will be used exclusively by 2b AHEAD ThinkTank GmbH and the congress partners.

 

 

Do you have any further questions? We are at your service!


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