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  • [New] Deloitte report that out of 2,607,000 jobs in real estate and construction, 34% are at a high risk, 15.5% at a medium risk and 50.5% are at a low risk of being automated. UK Government
  • The newly-established research division will focus on the development of foundational technologies for fault-tolerant quantum computers, which are able to perform accurate calculations while correcting errors that occur in quantum bits (qubits). Telecom Paper
  • The pace of progress in Quantum computers presents an increasing risk to standard encrypted key exchanges, authentication and digital signatures; some estimates suggest that quantum computer enabled security attacks are possible within 5 years, and likely to occur within 10 years.
  • From 2021 to 2025, China aims to boost R&D spending by over 7% annually, focusing on frontier technologies such as artificial intelligence, quantum computing and semi-conductors. Reuters
  • The landmark facility will build on the UK's existing strengths in quantum computing, establishing the NQCC as a world-leading scientific research institution. Conservative Post
  • The best guess of industry quantum researchers is that at the rate of development, do not expect the arrival of personal quantum computers before 2050. CTA
  • Policy makers must keep an eye on advances in artificial intelligence, quantum computing and digital currencies, all of which could drive major economic changes in the coming years. The Globe and Mail
  • The global quantum computing market is expected to reach US$ 3.7 billion by 2030 despite the challenges in keeping qubits stable. TechHQ
  • Britain has entered into a security pact with the US and Australia to counter China that will involve building a nuclear powered submarine fleet and wide-ranging projects on cyber warfare, artificial intelligence and quantum computing. The Independent
  • Quantum computers today consist of fewer than 100 qubits, though hardware leader IBM has a goal of reaching 1,000 qubits by 2023. IEEE Spectrum
  • A quantum computer could offer the world some of the most intense and powerful computational power that humanity has ever seen. Screen Rant
  • The revenues for the global quantum computing market are projected to surpass 2.5 billion dollars by 2029. Medium
  • NSA does not know when or even if a quantum computer of sufficient size and power to exploit public key cryptography will exist, said the security agency in response to whether it is worried about the potential of adversarial use of quantum computing. TechRadar pro
  • The US National Security Agency (NSA) is not really sure when or even if quantum computers will be able to crack public key cryptography. TechRadar pro
  • BP sees quantum computing as critical to enabling it to pursue its ambition to become a net-zero company by 2050 or sooner and to help the world get to net zero. TechRepublic
  • The quantum computing market is projected to reach $65 billion by 2030, a hot topic for investors and scientists alike because of its potential to solve incomprehensibly complex problems.
  • While early quantum processors have been crucial for demonstrating the potential of quantum computing, realizing globally significant applications will likely require processors with upwards of a million qubits. Singularity Hub
  • As the Quantum Computing TAM could easily result in double counting (a) companies funded to build and operate a quantum computer and (b) their respective component suppliers we decided to approach it by focussing on the Quantum Computing-as-a-Service (QCaaS) Market. The Quantum Daily
  • The new QCaaS platform will likely help boost the UK's ambitions to be a global quantum superpower while also making it easier for businesses to explore the increasing commercial and technical benefits of quantum computing. Tech Wire Asia
  • The quantum computing market is valued at US$ 472 million in 2021 and is expected to reach US$ 1.7 billion by 2026, at a CAGR of 30.2%. Tech Wire Asia
  • Quantum computing could help us a lot in that endeavor - if we are going to discover massively destructive technologies such as cold fusion or planet-smashing death rays, it will likely be through the use of quantum computers. TNW | Neural

Last updated: 24 October 2021