The Tell: Quantum computing will be the smartphone of the 2020s, says Bank of America strategist [MarketWatch]
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Source: MarketWatch
Quantum computing will be the smartphone of the 2020s, says Bank of America strategist When asked what invention will be as revolutionary in the 2020s as smartphones were in the 2010s, Bank of America strategist Haim Isreal said, without hesitation, “quantum computing”. At the bank’s annual ‘year ahead’ event last week in New York, Israel qualified his prediction, arguing in an interview with MarketWatch that the timing of the smartphone’s arrival on the scene in the mid-2000s, and it’s massive impact on the American business landscape in the 2010s, doesn’t line up neatly with quantum-computing breakthroughs, which are only now being seen, just a few weeks before the start of the 2020s. “The iPhone already debuted in 2007, enabling its real impact to be felt in the 2010s,” he said, while “the first business applications for quantum computing won't be seen till toward the end of the coming decade.” But, Israel argued, when all is said and done, quantum computing could be an “even more
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