Quantum Computing Explained: The Future of Tech and Top Companies to Watch

Imagine a computer so powerful it doesn’t just crunch numbers, it explores every possible answer at the same time. Welcome to the world of quantum computing. Think of a regular computer like flipping a coin, its either heads or tails, just like a bit is either 0 or 1. Now imagine flipping a magical coin that can land on heads and tails at the same time. That is what a qubit in a quantum computer does, it can be 0,1 or both at the same time. That is called superposition, which makes quantum computers so much more advanced than the modern day computers. Quantum computing is currently starting to solve real problems but is not developed enough to be mass produced. Quantum computers are estimated to be mass produced around 2035 which gives investors plenty of time to get in early. The upside to quantum computers is that they potentially will be able to further develop AI and machine learning, work out optimization problems, and find cures to diseases, which could revolutionize the medicine industry.

Some public companies currently working on developing quantum computing include Google, Microsoft, IonQ, and IBM. Out of these 4 public companies, IonQ is the only one that's sole focus is on quantum computing. On the contrary, the other companies have more capital for R&D due to being tech giants which is a significant advantage.