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Rigetti Computing CEO on the potential of quantum computing
CNBC Televisionยท 2025-08-13 18:30
Quantum Computing Advantages - Quantum computing offers significantly better computing power, potentially a million (1,000,000) to a billion (1,000,000,000) times better than classical computing [2] - Quantum computing consumes a small fraction of the energy compared to classical computing, offering a double win in both computing and energy efficiency [2] - Quantum computing can solve problems currently unsolvable by classical computing, while consuming less energy [1] Applications and Potential - Quantum computing has numerous potential applications, including weather forecasting, AI (bridging Gen AI to AGI), drug discovery, material synthesis, and encryption [3] - The quantum computing business is expected to reach hundreds of billions of dollars in a decade or two [4] R&D and Future Outlook - The industry is still in the R&D stage, with the next three to four years focused on technology milestones [4][5] - Technology milestones are the most important factor in the near term, with financial excitement expected beyond that [5]