Category Archives: Quantum Computing

Deltec Bank, Bahamas – Quantum Computing Will bring Efficiency and Effectiveness and Cost Saving in Baking Sector – marketscreener.com

When you add AI and machine learning capabilities to the mix, we could potentially develop pre-warning systems that detect fraud before it even happens.

As online banking grows it is becoming a hot target for cybercriminals around the world as they become ever more adept at cracking bank security. Now, banks are looking into the technology behind quantum computing as a potential solution to this threat as well as its many other benefits. Currently, the technology is still in development but it is expected to take over from traditional computing in the next five to ten years.

What is quantum computing?

With quantum computing, the amount of processing power available is far larger than even the fastest silicon chips in existence today. Rather than using the traditional 1 and 0 method of binary computer processing, quantum computing uses qubits. Utilizing the theory of quantum superposition, these provide a way of processing 1s and 0s simultaneously, increasing the speed of the computer by several orders of magnitude.

For example, in October 2019, Google's 'Sycamore' quantum computer solved an equation in 200 seconds that would have taken a normal supercomputer 10,000 years to complete. This gives you an idea of the power that we are talking about.

So how does this help the banking sector?

1. Fraud Detection

Fraud is quickly becoming the biggest threat to online banking and data security. Customers need to feel confident that their money and their personal information is kept secure and with data leaks happening more frequently, this problem must be addressed.

Quantum computing offers significant benefits in the fight against fraud, offering enough computing power to automatically and instantly detect patterns that are commonly associated with fraudulent activity. When you add AI and machine learning capabilities to the mix, we could potentially develop pre-warning systems that detect fraud before it even happens.

2. Quantum Cryptography

Cryptography is an area of science that has recently gained popularity. The technology has proven incredibly useful in helping to secure the blockchain networks.

Quantum cryptography takes this security to an entirely new level, particularly when applied to financial data. It provides the ability to store data in a theoretical state of constant flux, making it near impossible for hackers to read or steal.

However, it could also be used to easily crack existing cryptographic security methods. Currently, the strongest 2048-bit encryption would take normal computer ages to break in to, whereas a quantum computer could do it in a matter of seconds.

3. Distributed Keys

Distributed key generation (DKG) is already being used by many online platforms for increased protection against data interception. Now, quantum technology provides a new system known as Measurement-Device Independent Quantum Key Distribution (MKI-QKD) which secures communications to a level that even quantum computers can't hack.

The technology is already being investigated by several financial institutions, notably major Dutch bank ABN-AMRO for their online and mobile banking applications.

4. Trading and Data

Artificial intelligence, machine learning, and big data are all new technologies that are currently being tested enthusiastically by banks. However, one of the biggest pain points with these technologies is the amount of processing power required.

According to Deltec Bank - "Quantum computing could quickly accelerate this research past the testing level and provide instant solutions to many problems currently facing the banking world. Time-consuming activities like mortgage and loan approvals would become instant and high-frequency trading could become automated and near error-proof."

Banks that are looking into quantum

Many major banks around the world are already investigating the potential benefits of quantum computing.

UK banking giant Barclays has worked in conjunction with IBM to develop a proof-of-concept that utilizes quantum computing to settle transactions. When applied to trading, the concept could successfully complete massive amounts of complex trades in seconds.

Major US bank JPMorgan has also expressed an interest in the technology for its security and data processing abilities. The bank has tasked its senior engineer with creating a 'quantum culture' in the business and meeting fortnightly with scientists to explore developments in the field.

Banco Bilbao Vizcaya Argentaria (BBVA) is working with the Spanish National Research Council (CISC) to explore various applications of quantum computing. The team believes the technology could reduce risk and improve customer service.

Quantum Computing though still in an early stage will have a significant impact on the Banking sectors in years to come.

Disclaimer: The author of this text, Robin Trehan, has an Undergraduate degree in economics, Masters in international business and finance and MBA in electronic business. Trehan is Senior VP at Deltec International http://www.deltecbank.com. The views, thoughts, and opinions expressed in this text are solely the views of the author, and not necessarily reflecting the views of Deltec International Group, its subsidiaries and/or employees.

About Deltec Bank

Headquartered in The Bahamas, Deltec is an independent financial services group that delivers bespoke solutions to meet clients' unique needs. The Deltec group of companies includes Deltec Bank & Trust Limited, Deltec Fund Services Limited, and Deltec Investment Advisers Limited, Deltec Securities Ltd. and Long Cay Captive Management.

Media Contact

Company Name: Deltec International Group

Contact Person: Media Manager

Email: rtrehan@deltecial.com

Phone: 242 302 4100

Country: Bahamas

Website: https://www.deltecbank.com/

Source: http://www.abnewswire.com

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Deltec Bank, Bahamas - Quantum Computing Will bring Efficiency and Effectiveness and Cost Saving in Baking Sector - marketscreener.com

The world doesn’t want to pick between the U.S. and China – The Advocate

Ishaan Tharoor, The Washington Post

The coronavirus pandemic has spiked tensions between China and the United States. In Washington, hard-line lawmakers in Congress are pushing punitive legislation against Beijing, while using their grievances over China's handling of the outbreak to justify a more sweeping transformation of the relationship between the world's two biggest economies.

Over the weekend, Sen. Tom Cotton, R-Ark., one of the most strident anti-Chinese voices on the Hill, argued that the thousands of Chinese students given visas to attend U.S. universities should be restricted from enrolling in science and technology programs. Instead, they should be allowed "to come here and study Shakespeare and the Federalist Papers, that's what they need to learn from America," Cotton said. "They don't need to learn quantum computing and artificial intelligence from America."

Chinese officials, meanwhile, keep stoking coronavirus counter-narratives. On Monday, the Twitter account of the Foreign Ministry spokesperson reiterated claims that the Trump administration is participating in a coverup and obscuring information about how the virus spread.

Also in a tweet, Hu Xijin, the editor in chief of the Global Times, an English-language state-run tabloid, argued that China is reckoning more responsibly with the virus than the United States, whose "ambitious politicians" are willing to risk the lives of the public by opening up the economy sooner than public health experts think wise.

Observers elsewhere are not impressed. China pursued "very authoritarian measures, while in the U.S., the virus was played down for a long time," German Foreign Minister Heiko Maas said in an interview earlier this month with Der Spiegel. "These are two extremes, neither of which can be a model for Europe."

Some European critics have bemoaned President Trump's divisive management of the crisis and abandonment of global leadership amid the pandemic. Nathalie Tocci, who advises E.U. foreign policy chief Josep Borrell, has likened this moment to the 1956 Suez crisis - an international standoff in Egypt that is remembered as an inflection point in Britain's decline as a global power. The 2020 pandemic may one day represent the same for the United States.

China, though, is hardly filling the void and may not want to - an argument often ignored in Washington, where an emerging bipartisan consensus casts Beijing as America's inexorable 21st-century great power competitor. "China has no desire to run the world in the way the Americans or the West have done," former Singaporean diplomat Kishore Mahbubani told the Asian Nikkei Review. "The Chinese are happy to play their part, but most of all want to take care of China."

That may be for the best given how Beijing's recent soft power outreach, particularly with medical aid, has run into controversies over the quality of supplies distributed. And its attempts this month to diplomatically strong-arm the European Union into suppressing an internal report that documented Beijing's disinformation campaigns in Europe have hardly won it any more sympathy.

No matter the talk of a new "Cold War," the pandemic is a reminder that, for much of the world, neither American supremacy nor a newfangled Pax Sinica hold much appeal.

True, for nationalists and populists elsewhere, China's fiscal clout and growing political muscle does provide a counterbalance to the liberal system once championed by Washington. "Leaders, and populists especially, now increasingly see partnership with the United States - once viewed as an indispensable pillar of foreign policy - and its Western allies as overly constraining," wrote scholars Alexander Cooley and Daniel Nexon in Foreign Policy. "For example, [the Philippines' Rodrigo] Duterte, [Turkey's Recep Tayyip] Erdogan, and [Hungary's Viktor] Orban all came to power in states that were fully integrated members of the U.S.-led security order. All three now point to potential security relations with Russia and China as providing the possibility of greater balance with, if not outright exit from, that order."

But even skeptics of the Pax Americana aren't eager to see it supplanted by the Chinese. "Like Beijing, the U.S. leveraged its pole position in the global economy, its military and industrial strengths, and its technological supremacy to build a world order that responded to its interests," Indian parliamentarian Jayant Sinha and Delhi-based scholar Samir Saran wrote in a piece that forecast a less free and open post-pandemic world. "There is, however, no equivalence between the two. U.S. society was largely open - individuals, communities and nations from around the world could engage, convince or petition its institutions; write in its media; and, often, participate in its politics. Its hegemony was constrained by a democratic society and conditioned by its electoral cycles."

There is consensus among many foreign policy experts that cooperation between the two countries is vital for the world's collective ability to deal with the coronavirus and prepare for future pandemics. But China and the United States, on their present course, are leading the world into a pandemic-fueled nationalist spiral.

"U.S.-China cooperation has been almost entirely absent during the early stages of this crisis, which now seems as likely to deepen the two nation's divisions as it is to bring them together," wrote James Crabtree in the Asian Nikkei Review. "The aftermath of the global financial crisis suggests countries facing recessions and anxious domestic populations also all too often resort to protectionism, worsening both their own economic circumstances and those of their neighbors."

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The world doesn't want to pick between the U.S. and China - The Advocate

COVID-19 will accelerate AI’s replacement of humans as factor of production | TheHill – The Hill

As the world speeds toward an unprecedented economicrecessionwith billions of people and businesses across the planet under some form of lockdown for weeks or months amid one of the worst pandemics on record,countingmore than 1.8 million people infected and more than 100,000 dead so far, the novel coronavirus will likely produce a yet more enduring change in a post-COVID-19 world: the replacement of humans as factor of production.

Prior to COVID-19, the often-contested race between human productivity options and machine productivity advantages appeared less definite. In the last two decades and with aim of making humans highly productive, promoting general wellbeing and increasing business competitiveness, several ideas gained traction namely,telecommuting,remote work, andcoworking spaces. In fact, billions of dollars have been invested around the world inreal estate (co-working spaces) to enable people to commute to their workplace by either just taking an elevator or walking a few blocks from home. Yet the very nature of the COVID-19 virus imposing social distancing as precautionary measure has made remote work our last available option to move on with our lives.

Prior to COVID-19, moreover, investment in artificial intelligence (AI) was already on the rise, going from $12 billion in2017to projected $60 billion in2021. These figures dont count privateinvestments in the more controversial intelligence enhancement(IE). Instead, this trend reflects massive investments in current artificial intelligence (machine and deep learning)and, gradually, major investments in future AI quantum artificial intelligence(QAI) and quantum computing technology inUnited States, China, Canada, Japan,India,Germany andRussia.

Make no mistake, as companies are losing billions of dollars across the globe, COVID-19 will be the triggering event leading to the acceleration of AIs replacement of humans as factor of production.

Most governments, international organizations, companies, and universities have now transitioned to remote work. And by now, people interacting within these organizations have learned about the restrictions and, quite likely, the psychological effects such limited interaction produces. In fact, notwithstandingdirect benefits(less commuting time, stress reduction, creativity boost) andincidental advantagesfound in remote work (reduction of environmental, operative, healthcare, and liability costs) research on thepsychological impactof remote work indicates thatisolation,depression,passive leadership, andlack of communication(decreasing teamworkefforts) are some of the most consequential effects.

Despite existential, human rights, and socioeconomicconcernsabout automation, the premise promoting an automated world is rather simple and, in many ways, unavoidable. That is, unlike humans, machines do not get sick and, thus, will not stop production particularly when this one is needed the most. In the midst of a pandemic and in a fully automated world, machines could provide humans with a much-needed uninterrupted chain of food supply and healthcare-critical equipment (tests, ventilators, masks, gloves, hospital beds) as well asautomatedandremotely supervisedmedical attention with minimal or no risk of infection to medical workers. The benefits both in human lives saved and in uninterrupted economic activity are, at least in the short term, indisputable.

Still, the effects of this replacement in the long term and in relation to human interaction, functionality, and purpose are far more complex. What would we do with the millions of humans who will nottransitiontowards other creative, highly-specialized, or managerial tasks? How could a fully automated world assure continued consumption, human dignity and sources of revenue to all its inhabitants as well as socioeconomic equality among people and countries? Unfortunately, these concerns are unlikely to be at the forefront of the upcoming-accelerated automation process. After all, the decision-making process of modern humans, their political systems, and their leaders are not characterized by their long-term perspective.

In the post-COVID-19 world, the numbers reflecting the pandemic and its economic impact will likely become the justification for a shift of paradigm in human production.

Making determinations about our future during the most uncertain present will thus require not merely competence but wisdom. Return to normalcy is a self-deception.

J.Mauricio Gaona is a researcher at the Institute for Global Law and Policy at Harvard University, visiting researcher at Harvard Law School, and O'Brien Fellow at McGill's Faculty of Law (Center for Human Rights).

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COVID-19 will accelerate AI's replacement of humans as factor of production | TheHill - The Hill

IoT news of the week for April 10, 2020 – Stacey on IoT

Cisco acquires Fluidmesh for super-fast IoT networks:This week, Cisco said it had acquired New York-based Fluidmesh Networks, which makes a wireless backhaul technology that can deliver packets from devices moving at more than 300 km/h (186 mph). This makes the technology especially useful for tracking sensor data from trains, mining carts, and ships. While Cisco has been a leader in networking, it hasnt spent much time acquiring actual wireless network assets, signaling perhaps that the IoT in particular the industrial IoT needs specialized networking tech and that Cisco is willing to provide it. (Cisco) Stacey Higginbotham

Quantum security for the IoT: Im still feeling a little doubtful about the looming threat of quantum computers to our traditional cryptographic methods, but this article lays out several projectsto address the threat that such computers pose. The fear is that quantum computers could quickly and easily break traditional AES security, suddenly making it simple to obliterate the most difficult and common cryptographic security we currently have. Thus, chipmakers and computer scientists are trying to figure out alternatives for a world where quantum computing is more powerful and commonplace than it is today. Todays quantum computers are not quite powerful enough, and are so expensive and persnickety that they are held in large corporate and government labs, which makes the threat to traditional security low. But you can never be too sure. (EETimes) Stacey Higginbotham

Openpath offers up data on quarantine compliance: While Google is sharing anonymized location data from phones to track peoples movements during thequarantine, other companies are trying to see if they can provide similar insights. Openpath, which makes smart access products for offices, has released data showing how many people are coming into work. The idea is that someone can look at the data across states and industries and get a feel for how well a quarantine is working, along with which businesses might be essential. In most places, the data shows a steep drop-off from the end of February to now, with the exception of states such as Nebraska, which have yet to issue any orders for people to stay home. From an industry perspective, its clear that the government is still working, as are many manufacturing plants.(Openpath) Stacey Higginbotham

Why yes, I would like this smart kitchen in my near future: My favorite exhibits at CES outside of chip vendors booths, where I can find all kinds of goodies are the appliance makers future kitchen displays. As a consumer and a cook, I love seeing what craziness the kitchen has in store for me. Maybe its a connected vent hood with a display that can share recipes and see what Im cooking on the stove below. Maybe its an inductive countertop that powers my blender or can even heatupspecialty cookware. Im here for all of it. Which is why I loved reading this article, which tries to showcase how grocers and food delivery services could integrate into the digital kitchen of the near future. (Progressive Grocer) Stacey Higginbotham

Amber wants to update our electrical devices: This week, I spoke with a startup making a system on a chip that eliminates much of the bulk and infrastructure designed to protect appliances from electrical surges. The breakthrough could lead to electrical products (e.g., switches, outlets, and circuit breakers) that are slimmer and have more features than they do now.Well see. (StaceyonIoT) Stacey Higginbotham

Ring Home Alarm gets a second-gen refresh:Ring is now taking pre-orders for its updated Home Alarm security products, which will begin shipping onApril 29. Prices start at $199.99 for the basic, 5-piece kit, which includes a multi-radio base station, keypad, range extender, motion sensor, and contact sensor. The main difference I see is sleeker-looking products, including a smaller, square keypad that replaces the older, rectangular one. This keypad also has three dedicated buttons to contact police, fire, or emergency medical services in your area. (Ring) Kevin C. Tofel

Google wants to make it easier to link smart home device accounts: The big smart home news out of Google this week was about the Local Actions SDK coming out of preview for developers. But as I dug around a little more on the Google Developers site, I noticed something else coming soon in preview, called App Flip. The idea is to make the linking of third-party IoT apps and products to Google Home faster and easier, without a lot of back and forth between different apps. Color me intrigued. (Google Assistant Developer Docs) Kevin C. Tofel

I just bought a next-generation pair of hearables: After taking a hearing test on a mobile app this week, I got confirmation of what Ive essentially known for at least five years: My range of hearing is diminishing. Enter the small hearables sector of smart devices that we discuss from time to time on the podcast. For $359, I pre-ordered the Nuheara IQBuds2 Max, and should have them next month, so stay tuned for a review. These are personal sound amplification products, or PSAPs, that double as wireless Bluetooth headphones. They also provide one-touch access to the digital voice assistant on my phone. And for improved hearing ability in various environments, they can amplify specific frequencies and be tuned for specific spaces, such as a crowded room, outside, and more. Nuheara says these use the NAL-NL2 algorithm provided by Australias National Acoustics Laboratories and used by audiologists for hearing aid configuration. (Nuheara) Kevin C. Tofel

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IoT news of the week for April 10, 2020 - Stacey on IoT

Global Quantum Computing Market To Grow at a Stayed CAGR with Huge Profits by 2025 | D-Wave Systems Inc. (Canada) – Fashion Trends News

According to a new report published by Eon Market Research, titled, Global Quantum Computing Market by Product Type and by End-Users/Application Global Market Share, Forecast Data, In-Depth Analysis, and Detailed Overview, and Forecast, 2020 2025 By Regions (USA, Europe, Japan, China, India, South East Asia). The report has offered an all-inclusive analysis of the global Quantum Computing market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the beginning, the report focuses on key developments and opportunities that may arise in the immediate future and have a significant effect on the overall growth of the industry.

Some of the global major players operating in the Quantum Computing market include: D-Wave Systems Inc. (Canada), 1QB Information Technologies Inc. (Canada), QxBranch LLC (US), QC Ware Corp. (US), Research at Google-Google Inc. (US).

[Note: Our Free Complimentary Sample Report Accommodate a Brief Introduction To The Synopsis, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology]

Global Quantum Computing Market: Type analysis

SimulationOptimizationSampling

Global Quantum Computing Market: Application analysis

DefenseBanking and FinanceEnergy and PowerChemicalsHealthcare and Pharmaceuticals

Market Segment by Regions:-

USAEuropeJapanChinaIndiaSoutheast Asia

Drivers for the Global Quantum Computing Market: Quantum Computing equipment provides comfortable and flexible features which enhances their demand in market. Moreover, electric equipment manufacturer introduces some light compaction equipment which are manufactured by plastic. Hence, rising demand for light compaction electric equipment boost the market of Quantum Computing market. Further, the railway industry is adopting various advanced changes for innovative products which is also responsible for the growth of market.

Opportunities for the Global Quantum Computing Market: Due to rapid industrialization in emerging countries, increasing disposable income, and high purchasing power are likely to impact growth of the many industries. In addition, SME and large enterprises gives preference to the innovative and flexible electric products. And also, demanding for the automation solution of electric equipment from manufacturers which is creating the huge market opportunity for the Quantum Computing market.

Restrains for the Global Quantum Computing Market: The requirement for the Quantum Computing in various industries is elastic as the consumers are sensitive towards the changes in products. Competition is thus increasing day by day. In addition, consumers mind continuously changes according to the offers, usage, cost, features of the products. rising market competition create some type of negative impact on the growth of the Quantum Computing market. Further, shortage of metals is responsible for the negative growth rate of the market. It can majorly hamper heavy-duty market.

Region Wise, Global Quantum Computing Market Analysis: North America held maximum share in the market as regions like US has developed industrialization. Moreover, this region has relatively high purchasing power are likely to impact growth of the many industries. The Asia Pacific region is expected to show good growth opportunities on account of rapid industrialization and growing industrial automation major end-use industries. The European region is projected to hold a notable market share on account of the early adoption of technology and well-established infrastructure.

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Global Quantum Computing Market To Grow at a Stayed CAGR with Huge Profits by 2025 | D-Wave Systems Inc. (Canada) - Fashion Trends News

‘Westworld’: Rehoboam name inspired by sci-fi book ‘Stand on Zanzibar’ – Insider – INSIDER

In a show like "Westworld," the various names of characters are likely to have a larger symbolic meaning. For example, take another look at the name Dolores. It has roots in Spanish and Latin, and can be roughly translated to mean "pain" or "sorrows." Or how Caleb's name means "dog" or "loyal follower."

So when the new artificial intelligence (AI) system Rehoboam was introduced, many people sought out an explanation for the unique name choice. We thought we found the answer in Biblical history, since Rehoboam was the son of Solomon, and both men were Israelite kings.

"Well I spent nine years in Catholic school, but I'm ashamed to say it has actually nothing to do with the biblical reference," Jonathan Nolan, cocreator of "Westworld," told Insider over the phone in a recent interview. "It's an homage to a book called 'Stand on Zanzibar,' which is a seminal piece of science fiction. It's an absolutely terrific and frightening book."

Lisa Joy and Jonathan Nolan (the wife-husband duo who cocreated "Westworld") and the latest book cover for "Stand on Zanzibar." Getty/Macmillan

Brunner's "Stand on Zanibar," which won a coveted Hugo Award for best novel, follows an executive at a company called General Technics. The synopsis describes the sci-fi world as a place "where society is squeezed into hive-living madness by god-like mega computers, mass-marketed psychedelic drugs, and mundane uses of genetic engineering."

Those themes should sound familiar to "Westworld" fans, especially with its third season.

"That was a period in science fiction when we'd got out of utopian science fiction and into much more frightening imaginings about where the world might take us," Nolan said. "And in that book there is an AI owned by the General Technics corporation called Shalmaneser."

In our real history, Shalmaneser V was a King of Assyria and Babylon in the eighth century who subjugated Israel.

Not only did "Stand on Zanzibar" spark the idea for Serac's AI system in "Westworld" to be named for historical kings, but its physical structure was also inspired in part by the Shalmaneser AI in Brunner's novel.

"Shalmaneser is literally in the lobby of the General Technics incorporation an idea that I love," Nolan said. "And that's the reason why Rehoboam is in the lobby of Incite. It has this delicious subversive idea to it that they would put this thing in full display, that they would put it right there."

"Westworld" season three, episode five, "Genre." HBO

"So much of what [companies like] Google or Facebook does is in part hidden by design, because it requires thousands of diesel generators or a hydroelectric plant," Nolan said. "All of that hardware is out of sight."

"With the advent of quantum computing and Rehoboam is a quantum computer we will come to a moment where you don't hide the hardware anymore," Nolan continued. "This is just good PR. You put it front and center and you let school kids literally walk around it, right? Because that doesn't mean f------ anything"

In the first episode of "Westworld" season three, Dolores sees Rehoboam for the first time while visiting the Incite headquarters. And indeed, just as Nolan says, there are schoolchildren in the background of that scene.

The Rehoboam system at Incite's Los Angeles office building. HBO

"You could look at this thing and say, 'Look, here it is in the lobby of our building. There's nothing to be afraid of. It's right there,'" Nolan said. "What it's doing, however, is something that only a handful of human beings might even understand."

Nolan series, which he cocreated with his wife Lisa Joy, is based on the 1973 movie of the same name, which was written and directed by Michael Crichton. Though many people may know Crichton best for his other theme-park-gone-wrong novel, "Jurassic Park," he was another sci-fi writer who dealt with early concepts of computer power.

"There's this lovely line in Crichton's original movie that we come back to again and again as a source of inspiration," Nolan said. "It's when the chief scientist in the film is trying to figure out what the f--- is going on, and he turns to one of his colleagues and says, 'In some cases, these computers have been designed by other computers and we don't even understand how they work.'"

Alan Oppenheimer played the Chief Supervisor of the Delos company in the original "Westworld" movie. MGM

"As usual with Crichton who is a deeply brilliant person, a polymath, and someone who really had his finger on the pulse of where technology could take us in both good and bad ways [he had] the idea that we would reach this inflection point where the machines are making the machines," Nolan continued. "We have only second hand control and a second hand understanding of how they even work."

This idea, again, carries over right into the HBO adaptation of "Westworld." In season three, we learned about Rehoboam and how it powered Incite a company which was dictating the lives of nearly every person on Earth without them knowing it.

Liam Dempsey, the CEO of Incite, was a mere figurehead. He confessed to Dolores that he had no idea what the system was actually doing, or how it worked. Only its creator, Serac, knew for certain.

Vincent Cassel as Enguerrand Serac in "Westworld." John P. Johnson/HBO

"What's so frightening and interesting about the moment we're in right now is we just turned off the engine of our economy," Nolan said. "And the question is going to be does anyone actually understand how to turn it back on again? Or is the machine we've built, the machine of our society, too complicated that no one knows what happens when we turn it back on? I think we're pretty clearly at that moment."

Though Nolan was referring to the current global pandemic of COVID-19, this anecdote is again paralleled in "Westworld." The latest episode, "Genre," showed Dolores wreaking havoc on the structured society Incite and Rehoboam had built. She cut the cord on the system by revealing Rehoboam's life profiles to everyone.

Like a flip switching, everything seemed to freefall. But what now? The next step in her plan isn't clear yet, and neither is Serac's counter move.

"In 'Stand on Zanzibar' things do not end well for most folks," Nolan said. "But they do [end] OK for Shalmaneser."

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'Westworld': Rehoboam name inspired by sci-fi book 'Stand on Zanzibar' - Insider - INSIDER

Quantum Computing: What You Need To Know – Inc42 Media

Quantum computers can process massive, complex datasets more efficiently and effectively than classical computers

Quantum computers has tremendous applications

With time, the tech will get democratised and trickle down to the consumer

There is a huge wave of research currently being done in the field of Quantum Computing. This research might just be the pioneering technological breakthrough that will enhance our future beyond what we can comprehend. Before we talk about what it is, lets get a bit of context.

Putting his pulse on the emerging trends, Gordon Moore, founder of Intel, figured that computing power would increase in power and decrease in cost exponentially with time. This became the basis of what is known as Moores Law, a golden rule for the electronics industry, and clarion call innovation. Since then Moores law has barely faltered in its unrelenting march. However, computing is now en route to hitting a wall.

Moores law is slowing down Computing power isnt increasing as quickly as it used to. Classical computers are turning out to be inefficient at solving many new problems like optimising multiple variables for decisions or simulating complex models.

These problems need computers to flip through multiple solutions and make myriad computations. Classical computers arent able to compute as quickly as these problems demand because they have to compute sequentially, or with limited parallelism

Most believe the way to overcome this barrier is by inventing a completely new paradigm of computing quantum computing.

What exactly is Quantum computing? Simply put, Quantum computers can process massive, complex datasets more efficiently and effectively than classical computers. In Classical computers, data for information processing is encoded into binary digits (bits) and have a value or state of either a 0 or 1.

In quantum computing, data is encoded in quantum bits (qubits) which can have values of 0, 1, or any quantum superposition of the two-qubit states. What this means is the bit can be both 0 and 1 at the same time.

Lets use a simple example to illustrate the potential. Imagine you have just gone grocery shopping and have bought 4 items of varying size. You also have one bag to place all four into. One has to select the most optimum way to fill the bag as to not damage the groceries.

Assuming you have no knowledge of which combination works and how the items interact with each other, it only makes sense for you to try all possible arrangements one by one and see which one gives you the best results.

But going through each arrangement one by one will take time, since there are 24 possible arrangements. What if you could have 24 helpers who could simultaneously fill up 24 bags with one of the arrangements and shout out the result to you?

Then you could find the optimal arrangement in the time of essentially filling one bag. Thats what a quantum computer allows you to do. It allows you to access all possible states and variables parallelly and not just sequentially.

I believe this power of Quantum Computers has tremendous applications. Over the next 5 decades, I believe we will reach an inflexion point of qubit capability. The initial machines will be accessible to enterprises, which will spawn an ancillary industry of complementary tools that provide easier interfaces to computers through classical computers.

With time, the tech will get democratised and trickle down to the consumer. An industry around QC software and algorithms will then have truly arrived.

As the number of qubits in quantum computers increase, we will first start seeing optimisation and data access problems being solved first. For example, with enough qubits, we could use quantum computers to assemble and sort through all possible gene variants parallelly and find all pairs of nucleotides the building blocks of DNA and sequence the genome in a very short period of time.

This would revolutionise the health industry as sequencing the DNAs at scale would allow us to understand our genetic makeup at a deeper level. The results of access to that kind of knowledge are unfathomable.

Next, through significant improvements in our quantum capacity, we will be able to use quantum computers for simulating complex systems and behaviours in near real-time and with high fidelity.

Imagine simulating the earths winds and waves with such accuracy so as to predict storms days before they come. Imagine simulating how the winds on a particular day would interact with a flight on a particular day and route it would allow us to measure turbulence, optimise flight paths, and better in advance.

Regardless of the path we take, Quantum Computing is here to stay. Its a key piece in the puzzle that is human growth. 10 years, 100 years, or maybe even a 1,000 years down, we will wonder how we lived without them.

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Microsoft invests in PsiQuantum, a startup which is building the worlds first useful quantum computer – MSPoweruser – MSPoweruser

Microsoft has been working on quantum computers for several years now. Last year, Microsoft announced Azure Quantum, a full-stack, open cloud ecosystem that will bring the benefits of quantum computing organizations.Microsoft launched Quantum Network, a global community of individuals and organizations working together to advance quantum computing. The Microsoft Quantum Network members will work with Microsoft to learn about, research, and launch quantum computing applications and hardware supported with access to the Quantum Development Kit, vital research and experts, exclusive access to Azure services, and workshops on quantum programming and algorithm development.

Yesterday, Telegraph reported that Microsofts venture capital arm M12 invested in PsiQuantum, a startup with the goal to build the worlds first useful quantum computer out of conventional silicon chips that process information using individual photons as well as electronics. This means that every single component of the quantum computer is made by the same factories and assembled on the same production lines as your laptop or smartphone. PsiQuantum have assembled a team of more than 100 engineers with expertise across all aspects of silicon manufacturing and error corrected quantum computing.

Its worth noting that PsiQuantums approach is different from Microsofts efforts in topological qubits (Microsofts approach would enable error correction in hardware via topological protection from local noise). PsiQuantum and Microsoft have different sets of engineering challenges to address with their distinct approaches, but the companies share the vision for a scalable, fault tolerant quantum computer, said Samir Kumar from M12.

Source: PsiQuantum

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Microsoft invests in PsiQuantum, a startup which is building the worlds first useful quantum computer - MSPoweruser - MSPoweruser

HQS and AQT Announce Strategic Partnership – HPCwire

KARLSRUHE, Germany, April 7, 2020 HQS Quantum Simulation and Alpine Quantum Technologies (AQT) are pleased to announce they have entered a global strategic partnership, combing HQSs experience in providing software to facilitate the upcoming revolution in computer-aided materials design with AQTs know-how on ion-trap quantum computing.

Predictive simulations are key to the development of materials, as well as their application in structural design. HQS develops software for material simulation and has released the free, easy to use platformSCCEfor the simulation of lattice models. SCCE is a cloud-based quantum computing platform for a wide range of users. Within this cooperation, AQT provides its quantum computers as a backend to SCCE.

Currently we solve strongly correlated lattice models using DMRG (Density Matrix Renormalization Group). However, no matter how optimized the method may be, classical computer are fundamentally limited, says Michael Marthaler CEO of HQS Quantum Simulations, While it will take a while for quantum computers to overtake existing methods, we intend to allow for the solution of small toy models on the AQT quantum computer.

AQT is a leading start-up in the race to build a quantum computer. A spin-off from Innsbruck University and the Austrian Academy of Sciences, AQT realizes quantum computers based on the individual manipulation of trapped charged atoms. The ion-trap platform has intrinsically low error rates and can be readily scaled up to larger systems.

AQT provides cloud-access to its quantum computer for a wide range of applications. Chemistry and materials are governed by the rules of quantum mechanics. The challenge is to merge chemistry understanding with quantum programming. says Thomas Monz, CEO of AQT, Combining the theory and software experience of HQS with the hardware and engineering expertise of AQT will significantly facilitate user- and application-driven progress in this field.

The second quantum revolution

There is no doubt that the quantum revolution is coming. Quantum technology is playing an increasingly critical role in every aspect of business. More and more companies recognize that they need to accelerate the development of digital solutions to ensure they remain on the competitive vanguard.

One of the greatest challenges in the development of quantum computers is considered the highly complex interaction of hardware and software. Two European Start-ups, each a pioneer in its field, HQS Quantum Simulations, one of the topEuropean Quantum Software Start-upsand AQT, one of the topQuantum Computing Hardware Providerscan provide the solution and will work together offering a broad range of innovative applications in various fields of industry and academia.

HQS algorithms are developed to work both on conventional state-of-the-art computers and on quantum computers. The collaboration allows customers direct access to quantum chemistry software solutions from HQS that can be immediately implemented on an AQT ion-trap quantum computer in Innsbruck, Austria, via Cirq. Customers will directly benefit from the performance advantage of quantum computers of their classical counterparts.

About Alpine Quantum Technologies (AQT)

AQT is a quantum computer startup located in Innsbruck, building on decades of experimental and theoretical expertise in the field of quantum information processing. The goal of AQT is to get quantum technologies out of a laboratory environment and turn these technologies into everyday products. The long-term goal is a quantum computer based on trapped ions that is installed in normal IT infrastructure and can be readily operated from any PC or laptop. AQT has received significant Austrian public investments to achieve these goals.

About HQS Quantum Simulations

HQS Quantum Simulations is developing quantum algorithms to predict molecular properties for performance materials, specialty chemicals and pharmaceutical companies. The HQS algorithms work both on conventional state-of-the-art computers and on quantum computers, allowing our clients to already tap into the potential of this new technology. We offer to increase the speed and efficiency of product development processes for our customers, widen the understanding of chemical and physical interactions which leads to better products and processes and faster development cycles.

Source: HQS Quantum Simulations

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HQS and AQT Announce Strategic Partnership - HPCwire

Prysmian Group Selects IBM To Help Accelerate Digital Transformation With Adoption of IBM Cloud – PRNewswire

MILAN, April 9, 2020 /PRNewswire/ -- Prysmian Group (PRY: IM), a global leader in the energy and telecom cable systems industry and the largest manufacturer of cables in the world, has selected IBM Services (NYSE: IBM) to help expand and manage its global technological infrastructure. The three-year agreement engagement is designed to addresses Prysmian's need to better integrate their presence in 50 countries around the world. Managed by IBM Services, Prysmian will integrate its IT infrastructure with IBM Cloud and adopt a hybrid cloud strategy.

With the acquisition of American cable manufacturing company, General Cable, in 2018, Prysmian Group has made it a priority to fully integrate the information systems of the two companies, to support flexible, efficient and secure digitization of processes and products that drive the international growth of the business. As part of this effort, Prysmian Group will migrate its SAP workloads to IBM Cloud to leverage higher value technology, including AI, IoT and human augmentation. The agreement with IBM also includes services for the management of the global Prysmian IT environment. With the new infrastructure in place Prysmian Group anticipates high levels of service in terms of availability and reliability, as well as enterprise-grade security.

IBM will provide and manage a modern IT infrastructure with a global delivery model and service levels. Under the agreement, IBM Services will also manage the integration of the existing legacy IT infrastructures and move Prysmian Group's SAP S/4HANA, the company's ERP platform, onto SAP certified physical and virtual appliances on IBM Cloud to further support its digital business transformation.

"The important acquisition of General Cable required focus on the integration of processes and the digitalization of products. This represents our differentiation from our competitors", says Stefano Brandinali, CIO and Chief Digital Officer Prysmian Group. "To tackle this challenging task we have chosen IBM as our global technology provider to help drive ongoing transformation within the organization. IBM brings its industry experience to support the development of a modern IT infrastructure based on IBM Cloud.

"IBM is pleased to help facilitate the next step forward in support of Prysmian's business, which has always been committed to providing its customers with products and services with a high level of innovation", states Stefano Rebattoni, Vice President Enterprise Sales of IBM Italy. "The adoption of IBM Cloud will help support a solid digital transformation path towards continuous improvement of service quality and operational efficiency".

For this implementation, Prysmian will leverage the IBM Services data center and the IBM Cloud data center in Milan.The three-year contract will be managed by IBM Services, with also the responsibility for the disaster recovery services for the Group's IT infrastructure.

IBM and Prysmian Group signed this transaction in IBM's 2Q of 2019.

About Prysmian GroupPrysmian Group is world leader in the energy and telecom cable systems industry. With almost 140 years of experience, sales of over 11 billion, about 29,000 employees in over 50 countries and 106 plants, the Group is strongly positioned in high-tech markets and offers the widest possible range of products, services, technologies and know-how. It operates in the businesses of underground and submarine cables and systems for power transmission and distribution, of special cables for applications in many different industries and of medium and low voltage cables for the construction and infrastructure sectors.For the telecommunications industry, the Group manufactures cables and accessories for voice, video and data transmission, offering a comprehensive range of optical fibres, optical and copper cables and connectivity systems. Prysmian is a public company, listed on the Italian Stock Exchange in the FTSE MIB index.

About IBM CloudWith over$20Bin annual cloud revenue, IBM has built a leading enterprise hybrid cloud business. This includes a comprehensive range of as-a-service offerings, software, hardware and professional services that enable IBM to advise, move, build and manage cloud solutions across public, private and on-premises environments. Through its global network of more than 60 cloud data centers across 19 countries and 18 availability zones across 6 regions, IBM public cloud helps enterprises in all industries to meet security, resiliency, performance, and global deployment requirements. Built on an open source, multitenant environment, clients have secured access to an enterprise-grade IaaS and a leading PaaS that provides them with the latest developer capabilities and ready-to-go innovation engines. This includes more than 190 cloud-native APIs, such as AI, blockchain, IoT, serverless and quantum computing, and consistent function all the way to the edge. For more information, visithttps://www.ibm.com/cloud/public

For more information on IBM Cloud, visit http://www.ibm.com/cloud

Contacts

Lorenzo Caruso

Cristina Bifulco

Corporate and Business Communications Director

Investor Relations Director

Ph. 0039 02 6449.1

Ph. 0039 02 6449.1

[emailprotected]

[emailprotected]

Claudia Ruffini

Cross Communications, IBM Italia

+39 3356325093

[emailprotected]

SOURCE IBM

http://www.ibm.com

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Prysmian Group Selects IBM To Help Accelerate Digital Transformation With Adoption of IBM Cloud - PRNewswire