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AI & quantum computing: progress & future challenges

Thu, 19th Sep 2024

Recent advancements in both artificial intelligence (AI) and quantum computing have set the stage for significant technological progress, according to a new report by S&P Global.

However, the integration of these technologies is expected to remain within the domain of well-funded institutions due to the need for scarce human talent, specialised hardware, and sophisticated algorithms. Consequently, widespread commercial adoption is unlikely in the next decade.

The report highlights the potential impact of combining AI's data synthesis capabilities with quantum computing's unparalleled processing power. This synergy could result in breakthroughs in several sectors, including healthcare, finance, energy, and cybersecurity. However, the convergence of these technologies also presents significant risks such as cybersecurity threats, privacy concerns, environmental impact, and potential biases in AI algorithms.

Explaining how quantum computing works, the report notes that it employs quantum bits, or 'qubits', and leverages principles like superposition and entanglement. These allow quantum computers to perform complex calculations much faster than traditional classical computers. Applications of the combined technologies of AI and quantum computing could revolutionise drug discovery, financial modelling, supply chain optimisation, energy management, and bolster defensive measures in cybersecurity.

"The potential for negative outcomes demands the implementation of ethical and environmental frameworks to guide applications and ensure that the technology benefits humanity," said Martin Whitworth, Lead Cyber Risk Expert at S&P Global Ratings.

Among the key points, the report examines the hybridisation of classical-quantum systems, advancements in quantum machine learning, and enhanced cybersecurity measures as crucial areas to watch in the coming years. Ethical considerations will be essential as these technologies evolve to ensure they are developed and applied responsibly.

The report underscores the necessity of addressing risks associated with these technological advancements. With the combination of AI and quantum computing potentially introducing new threats to cybersecurity and privacy, the development of robust frameworks to guide their application becomes imperative. Ethical and environmental considerations are emphasised to safeguard the beneficial potential of these technologies for humanity at large.

The investigation of the potential benefits and dangers of AI and quantum computing convergence is expected to continue, with analysts closely monitoring key trends over the next five years. The report advocates for careful management of these powerful technologies to navigate the fine balance between groundbreaking advancements and the safeguarding of societal values and safety.

"We're watching for the development of hybrid classical-quantum systems, advancements in quantum machine learning, and enhanced cybersecurity measures.

Ethical considerations will be crucial as these technologies evolve," added Whitworth. This stance reflects the growing recognition of both the immense potential and the accompanying responsibilities posed by these emerging technologies.

The integration of artificial intelligence with quantum computing stands at the frontier of technological innovation. However, ensuring these advancements do not outpace the ethical and regulatory frameworks that protect society will be pivotal in harnessing their full potential. The future trajectory of these innovations will need to be carefully navigated to achieve a balance between technological possibilities and the imperative to safeguard ethical and environmental standards.

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