Quantum Computing: The Next AI Investment Opportunity?

Thank you for having me.

Thanks, everyone, for listening in with us here.

So let's start with the basic question.

What exactly is quantum computing and how is it different from classical computing? So we hear that it is going to disrupt the nature of computing.

Tell us how.

Yes.

So in thinking about classical computing, which has had an incredible run, I always like to think of the Intel 4004 chip, which I think hit the market in 1975.

And it's been amazing to sort of watch the increase in capability, the recognition.

And you sort of think in 1975, that ship was viewed as extremely capable.

But you compare to what we run today, you know, the NVIDIA Blackwell, the Rubin type systems, the amount of memory that's in our laptop, in our smartphone dwarfs the probably total amount of memory that people would have ever conceived of years and years ago.

And so when you think of the underlying nature of how it works, the key thing about classical computing is it works on a series of zeros and ones and those zeros and ones history has shown us going all the way back vacuum tubes were one way of doing it silicon wafers are what we use today and what we've been using the better part of 70 years but everything that we see from a video on a screen to an excel running a formula is based on zeros and ones.

Now, this can do a lot, and I would never say that quantum computing is going to displace everything that classical computing does.

It's not going to displace AI.

But where it can be helpful is there are some specific problems where there are many, many, many choices.

a classic way of thinking of it.

I sit in Charlotte, North Carolina.

I always think of the Amazon Depot, where on any given day, you never know how many packages need to be delivered, all the different trucks, all the different people.

And essentially figuring out, for instance, the ideal route factoring in weather and traffic and fuel and wear and tear and people's time, all these different variables, and saying, what is, for every single truck, the most ideal route? The classical computer can give you an answer if you force the issue, but you don't necessarily know if it's truly the optimized case.

Quantum systems are in a position even today where they are already better at certain types of optimization problems, again, where you have a massive amount of choices to ultimately sort through and find the optimal solution.