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On the potentials of quantum computing – An interview with Heike Riel from IBM Research

Author

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  • Rainer Alt

    (Leipzig University)

Abstract

In this interview, Dr. Heike Riel, a leading scientist and Fellow at IBM Research, reports on the current state of research in the field of quantum computing. Building on the distinction of gateable quantum computers and quantum annealers, the interview sheds light on how research has evolved on gateable quantum computers, which are the path developed by IBM. These gateable quantum computers are described with their current status as well as the improvements and challenges regarding speed, scale, and quality. All three parameters are important for increasing the performance of these universal quantum computers and for leveraging their potentials compared to classical computers. In particular, complex mathematical problems being present in numerous applications in science and business may be solved. Among the examples mentioned are optimization problems that tend to scale exponentially with the number of parameters, for example, in material and natural sciences or simulation problems in the financial industry and in manufacturing. The interview concludes with a critical assessment of possible risks and expectations for the future.

Suggested Citation

  • Rainer Alt, 2022. "On the potentials of quantum computing – An interview with Heike Riel from IBM Research," Electronic Markets, Springer;IIM University of St. Gallen, vol. 32(4), pages 2537-2543, December.
    • Handle: RePEc:spr:elmark:v:32:y:2022:i:4:d:10.1007_s12525-022-00616-1
    DOI: 10.1007/s12525-022-00616-1
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    References listed on IDEAS

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    1. Rainer Alt, 2021. "Electronic Markets on the next convergence," Electronic Markets, Springer;IIM University of St. Gallen, vol. 31(1), pages 1-9, March.
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    More about this item

    Keywords

    Quantum computing; Quantum physics; Application areas; Universal quantum computers;
    All these keywords.

    JEL classification:

    • L63 - Industrial Organization - - Industry Studies: Manufacturing - - - Microelectronics; Computers; Communications Equipment
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

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