Quantum Computing Is a Hot Topic in the Artificial Intelligence Sector. But Which Stocks Will Still be Around Decades From Now?
A small collective of unlikely candidates is emerging as the most popular opportunities in the quantum computing industry.
For the past few years, investors have become enamored with the prospects of artificial intelligence (AI) technology. But for the most part, developers have been touting the same carousel of ideas -- explaining how AI is leading to breakthroughs in training large language models, helping build autonomous systems for vehicles, and bringing unprecedented levels of efficiency to the workplace.
Although these use cases fetched a lot of intrigue for a while, investors are beginning to look for something new to get excited about now. Enter quantum computing -- a pocket of the AI realm management consulting firm McKinsey & Co. estimates to be worth $1.3 trillion by 2035. Essentially, this form of computing uses principles of quantum mechanics to
For the past several months, executives at the largest AI businesses have started talking about the next revolutionary phase of modern computing. As is typical for a new megatrend, loads of companies are now marketing themselves as quantum computing darlings -- parroting talking points about how the technology is poised to benefit high-priority areas in healthcare, cybersecurity, and financial services, just to name a few.
