Quantum Computing huh yeah What is it Good For?

Motown had a big hit with Edwin Star's song "War" in 1970 at the height of opposition to the Vietnam War.  I understand where this sentiment came from at the time, and some may be wondering the same thing about quantum computing today.

What is it good for anyway?  There still is no viable commercial quantum computer on the market as of 2021.  Yet we hear about quantum computing as though it was the solution to all our scientific problems that have held humankind back for generations. 

Here are some facts about quantum computing that have helped to raise some healthy skepticism. 

  1. No equivalent of a classical computer terminal to read and display data.
  2. No ability to read and write text or data files.
  3. No ability to access a database to read, write, update, or query data.
  4. No ability to access data over a network.
  5. No ability to send or receive data from web services over a network.
  6. No real-time sensor access.  (courtesy of https://jackkrupansky.medium.com/what-applications-are-suitable-for-a-quantum-computer-5584ef62c38a)

Well then, what in the world is quantum good for anyway?

A post on quantum computing research at https://research.aimultiple.com/quantum-computing-applications/ suggests that these are possible applications for quantum computing.

  • Automotive:
    • 1- Optimizing large autonomous fleets
  • Energy:
    • 2- Utilization prediction
    • 3- Grid optimization
    • 4- Weather forecasting
  • Finance:
    • 5- Automated trading (e.g. predicting financial markets)
    • 6- Risk analysis
    • 7- Portfolio optimization
    • 8- Fraud detection
  • Insurance:
    • 9- Valuation of instruments, premiums in complex cases
  • Logistics:
    • 10- Supply chain optimization
    • 11- Inventory optimization
  • Manufacturing
    • 12- Design optimization (e.g. batteries, chips, vehicles, etc.)
  • Pharma:
    • 13- Drug interaction prediction
    • 14- Personalized medicine taking into account genomics
  • Technology/software
    • 15- Machine learning

These are very specialized and highly focused types of applications far from general computing needs.

So in the end, it turns out that there are a number of very useful applications for quantum computing, but we are still 5-10 years away from mainstream quantum computing.  In the meantime, we have plenty of options for fast computing using traditional microprocessors to solve today's problems.

This is a photo of a Google Quantum computer under development. Admittedly, today's quantum computers look a bit more like fancy heaters or AC units than computers.

Find and Use the Best Free Tools

Find and Use the Best Free Tools

When you have a small business you can delegate and distribute the work load among your employees.

When you are a solo entrepreneur you do not have any such luxury because of course, you have to do everything yourself. It kind of irks me when solo entrepreneurs act as though they had all the time in the world, and waste their time.  These are some suggestions that can help overcome this problem.

1) Find the best free business tools you can and take advanatage of as many of them as you can.

Here is a website with over 40 free business tools and more.

https://bestfreebusinesstools.com/referral?ref=jonlomb

2) Find tools that can automate mundane tasks such as your efforts on social media. Social Media can be a huge waste of time if you are not careful. For example, I am very active on LinkedIn with 16,000 1st level connections. (This represents better than the top 5% on LinkedIn).  I also have a group on LinkedIn with 1500 members that is growing on a daily basis.  Without some kind of automated method of contacting and inviting on LinkedIn I would have spent thousands of hours trying to accomplish this, but I now spend only 15-20 minutes per day.  If you visit the following link you can find free tools to automate your social media activities.

https://bestfreebusinesstools.com/referral?ref=jonlomb

You will notice it is the same link.  There are both free social media software programs to automate your social media efforts as well as many free business tools.  So what are you waiting for?  Just use your cell phone number and you will be given a text message with a code to login.

Be smart and take advantage of these free tools.  Be patient, this is a brand new site, and there are only 40 tools there now, but soon there will be over 100, and training as well.

Best of success in all your endeavors.

 

John Lombaerde – Entrepreneur

https://markethive.com/jonlomb/page/jonlomb