Quantum Computing 101: The Future of Tech, Simplified

Quantum Computing is the new craze in the investing world. Quantum computing takes a different approach to problem solving, which makes them incredibly powerful. Let’s break it down.

What Exactly Is Quantum Computing?

Think about your regular computer. It processes information using bits, which can either be 0 or 1—like a light switch that’s either off or on. This is called classical computing.

Quantum computers are a whole new ballgame. Instead of bits, they use qubits (quantum bits).

Here’s what makes qubits so special:

1. Superposition: A qubit can be 0, 1, or even both at the same time. Imagine spinning a coin. It lands at heads or tails. But what if it keeps spinning forever? It’s not just heads or tails; it’s kind of both while it’s spinning.

2. Entanglement: Qubits can connect in ways classical bits never could. Change one qubit, and an entangled partner qubit changes instantly—even if they’re miles apart!

3. Interference: Quantum computers can boost the right answers and cancel out the wrong ones, helping them solve problems faster.

Why Are Quantum Computers So Powerful?

Because of superposition, quantum computers can explore tons of possibilities at the same time. For certain problems, they’re light-years ahead of classical computers.

Here’s where they could really shine:

• Breaking codes: Quantum computers could crack encryption that keeps our data safe today.

• Finding new medicines: They could help scientists simulate complex molecules to discover new treatments faster.

• Optimization: Need to find the fastest route for a delivery? Quantum computers can crunch those numbers like no other.

What Quantum Computers Are Not

Quantum computers aren’t built to replace your phone or handle everyday tasks like watching Netflix or sending emails. They’re designed for tackling ultra-complicated problems that regular computers struggle with. Our current devices for everyday use will not be replaced by quantum computing.

Why Does Quantum Computing Matter?

Quantum computing could reshape industries and solve problems we can’t even imagine yet. Think breakthroughs in:

• Medicine: Developing cures and treatments faster.

• Energy: Discovering more efficient ways to power our world.

• AI: Supercharging artificial intelligence to make it smarter than ever.

While we’re still in the early stages, big companies and governments are pouring resources into quantum tech because they know it’s future impact on society.

How do I Invest in Quantum Computing?

The best thing about investing in quantum computing is, you probably own stocks that give you exposure to quantum computing.

Google, Microsoft, Apple, Nvidia, and Amazon are large businesses that are investing heavily in the development and utilization of quantum computing in delivering their products and services.

If you want more direct exposure to quantum computing, check out these stocks:

• IonQ ($IONQ)

• Rigetti Computing ($RGTI)

• D-Wave Systems ($QBTS)

• Defiance Quantum ETF ($QTUM)