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Jeff Kagan: Why quantum and AI are the new growth wave

Jeff Kagan: Why quantum and AI are the new growth wave

First of 2 parts

Successfully investing is all about growth. There are several new and confusing technologies like quantum physics using quantum computing, quantum mechanics and quantum computation. There is also AI, which is another major leap. Both are a potential, new source of major growth Let’s try and understand both better so we can successfully ride the next growth wave.

Like nearly everyone else, I struggle to wrap my mind around AI and the quantum realm and what they actually mean: What they are, how they will change our lives and how they will be the core technology that creates countless other growth opportunities.

Let me try to explain what quantum physics and AI really are today, and how they will be the core, new technology which will change our world going forward, one step at a time.

Today, quantum and AI are bigger than life. What we understand today is just one sliver of the vast amounts of knowledge we will learn in the next several years. You see, both of these are not simple technologies. And while they are very different, in some cases they will work together.

Yet, once this AI technology gets started, it can… for lack of a better word… think. And quantum may actually move between universes presenting all sorts of new challenges and issues.

The problem with both of these new technologies is the people who are in charge of its development are not always understandable by the average person. By that I mean investors, workers, customers, the media, analysts, influencers and more.

Getting questions on AI, quantum computing

When I give a speech or write a paper for a company’s customers or their employees or meet with a group of executives updating them on the changing marketplace, so they can stay on track, both AI and quantum often come up.

Today, the questions are simple. One is they want to know if there is a rush moving forward for competitive reasons, or whether they can go slow as they learn more? These two areas will continue to be in focus moving forward. However, as always, understanding is key. And that is something we do not have much of today with these new technologies.

I see myself as the middleman. An advisor between these new technologies and the everyday executive, worker, investor, customers, media, powerful industry players and so on who need to learn more and to understand what tomorrow will look like so they can prepare.

Over time I have learned there is a wide gap between the way AI and quantum specialists think and communicate, and the way the average American thinks and can understand. As an industry analyst following how technology continues to change over time, I try to bridge the gap to help everyone better understand, as I struggle on a daily basis to do so myself.

So, be very careful who you listen to and read. Make sure you stay on the right path. There will be enough confusion in the marketplace.

Parallel universes and multidimensions

Imagine a search engine like Google in the future. Today, search engines think linearly. Tomorrow, it will think vertically. In all directions at the same time. The result will provide us with much more relevant content, and in a fraction of the time.

One example is speed. Imagine the most powerful current computer taking countless years to solve certain problems. Using quantum computing, instead we can have an answer in a few short minutes. That’s an incredible leap forward. The average person still cannot understand what this means.

As human beings, we think linearly. However, quantum computers can think in every direction at the same time. This has the power and the potential to change and improve everything. This new technology is very disruptive.

Example: Google, exploring and developing quantum physics through their new quantum computing chip called Willow. News is this Willow chip may have already discovered “parallel universes” or “alternative universes.”

That sounds exciting, but what exactly is a “parallel universe” or an “alternate universe”? And will we want to invest there?

More to come in Part 2.

Read more Jeff Kagan: Why cable TV’s struggle is a self-fulfilling prophecy

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