Quantum Dreams: Serious Science or Sci-Fi Hype?
Let’s be honest: one thing is what we wish for, and another is what will actually happen.
Today, I want to discuss an interesting article I recently read about the benefits that AI investments have had on private organizations across various sectors.
This is based on serious research—not wishful thinking.
Pay close attention to the points below, and try to extrapolate them to the future of quantum computing.
It's important to remember that AI, compared to quantum computing, is a much more mature field.
What I will be discussing regarding AI could be the reality for quantum computing in 5 or 10 years.
The study I am referring to found several key insights:
✓ Larger Firms See Higher ROI from AI Investments
The larger the firm, the higher the proportional return on investment.
This means that for the same amount of money invested, bigger firms tend to see a larger return.
"AI contributes to the increase in industry concentration and the rise of 'superstar' firms."
The origin of this advantage lies in the ownership of large datasets, extensive research teams, and advanced infrastructure.
Smaller firms are at a competitive disadvantage, and I would even argue that smaller companies may be wasting money investing in AI at this point!
This mirrors the disparity we have seen between large and small banks in quantum computing investments.
✓ AI Drives Product Innovation
Firms that invest in AI are creating new business opportunities, particularly through product innovation, as evidenced by the increase in patents and trademarks related to new products.
This is a direct result of AI's ability to accelerate R&D processes and generate new products.
Quantum computing could similarly unlock new forms of innovation in the future, especially as it matures.
✓ AI Increases Market Share
AI helps firms to capture a larger market share.
What AI does not do:
✘ AI Does Not Directly Increase Productivity
Unlike technologies such as electricity or robotics, AI has not led to a clear and direct increase in productivity.
Firms may not see immediate improvements in efficiency just from investing in AI.
✘ AI Does Not Lower Operational Costs
In fact, the opposite tends to be true!
As firms invest more in AI, operational costs often increase, including labor costs.
So, while AI can bring new capabilities, it doesn’t necessarily mean a reduction in the cost of running a business.
I found these conclusions particularly interesting, especially for those within the quantum ecosystem who predict the transformative potential of quantum computing without fully exploring what it truly means for quantum computing to be 'transformative'—particularly in the context of private organizations.
Want to dive deeper? My eBook is a great place to start → https://www.ozatp.com/qaf
