Quantum Computing Presents Immense Opportunities, But Risks Lurk
Oxylabs CEO Julius Černiauskas believes that although cloud quantum computing (QC) presents significant opportunities for industry, the technology still has notable risks. In a recently published guest blog, Černiauskas said that quantum computing offers “groundbreaking possibilities” and noted that large tech firms such as Amazon, Microsoft, IBM, and Google are making heavy investments in the technology. Specialized tech startups like PsiQuantum and Quantinuum are also making major inroads into the nascent computing and cloud computing segment and challenging established players. With experts predicting that the quantum computing market will generate more than $1 trillion in value for the global economy…