IBM CEO: 'I think quantum today is where AI and GPUs were in 2015'

Quantum Computing Roadmap & Timeline - The company has been following its quantum computing roadmap for over 5 years and expects quantum computers to solve surprising and amazing problems around 2028 or 2029 [2] - Quantum computing is currently at the same stage as AI and GPUs were in 2015, indicating significant future potential [5] Applications in Finance - HSBC used quantum computing for bond pricing and achieved 34% better pricing compared to overnight models [3] - A 5 basis points improvement in bond pricing across a $13 trillion bond market can lead to substantial profits and better results [4] - Quantum computing enables real-time portfolio construction, allowing selection of the most appropriate 10 assets from a pool of 1,000 based on individual risk profiles and market risk [4] Potential Applications Beyond Finance - Quantum computing can be applied to solve problems such as corrosion on aircraft wings and developing better fertilizers to save electricity [5]