[Editor’s note: “Quantum Computing Will Be Bigger Than the Discovery of Fire!” was previously published in August 2022. It has since been updated to include the most relevant information available.]
It is generally accepted that the discovery of fire was the most profound revolution in human history. And a few weeks ago I read that a great director at Bank of America (BAK) believes that a technology that hardly anyone talks about these days could be more critical to humanity than fire!
That’s about the boldest claim one could make about technological megatrends. If true, this technology could be the most promising and lucrative investment opportunity in anyone’s life.
The director’s name? Haim Israel, Head of Global Thematic Investing Research at BofA.
In his words, this technology could “a revolution for mankind bigger than fire, bigger than the wheel.”
What on earth is Mr. Israel talking about?
Two words: quantum computing.
What is quantum computing?
I’ll start by saying that the underlying physics of this breakthrough – quantum mechanics – is highly complex. It would probably require over 500 pages to fully understand.
But unfortunately my best job here is to create a 500 word version of Cliff’s Notes instead.
For centuries, scientists have developed, tested, and validated the laws of the physical world known as classical mechanics. These explain scientifically how and why things work, where they come from, and so on and so forth.
But in 1897 JJ Thomson discovered the electron. And he revealed a new, subatomic world of super-small things that didn’t obey the laws of classical mechanics… not at all. Instead, they obeyed their own set of rules, now known as quantum mechanics.
The rules of quantum mechanics differ from those of classical mechanics in two very strange, almost magical ways.
First, in classical mechanics, objects are in one place at the same time. You’re either in business or at home, not both.
But in quantum mechanics, subatomic particles can theoretically exist in multiple places at once before being observed. A single subatomic particle can exist in point A and point B at the same time until we observe it. And at that point, it only exists at either point A or point B.
So the true “location” of a subatomic particle is a combination of all of its possible positions.
This is called quantum overlay.
Second, in classical mechanics, objects can only “work” with things that are also “real”. You can’t use an imaginary friend to help move the couch. You need a real friend instead.
But in quantum mechanics, all of these are probability states of subatomic particles Not independently. You are entangled. That is, if we know something about the probabilistic positioning of one subatomic particle, we also know something about the probabilistic positioning of another. This means that these already super-complex particles can actually work together to create a super-complex ecosystem.
This is called quantum Entanglement.
In short, subatomic particles can theoretically have several probabilistic states at the same time. And all of these probability states can work together—again, all at the same time—to accomplish a task.
Pretty wild, right?
This goes against everything that classical mechanics has taught us about the world. It goes against common sense. But it is true. It is real. And now, for the first time ever, we are learning how to harness this unique phenomenon for change everything about everything…
This is why Mr. Israel is so excited about quantum computing. That’s why he thinks it could be more revolutionary than discovering fire or inventing the wheel.
I couldn’t agree more.
mark my words In the next few years everything will change due to quantum mechanics. And some investors will make a lot of money.
Quantum computing will change the world
The study of quantum theory has led to enormous advances over the past century. This is especially true for the last decade. Scientists from leading tech companies have begun figuring out how to harness the power of quantum mechanics to create a new generation of Super quantum computer. And they are infinitely faster and more powerful than even today’s fastest supercomputers.
In Mr. Israel’s own words: “By the end of this decade, that’s the amount of calculations we can do [on a quantum computer] will be more than the atoms in the visible universe.”
Again, the physics behind quantum computers is highly complex. But again, here is my version of Cliff’s Notes.
Today’s computers are based on the laws of classical mechanics. That is, they store information about what is being called bitscan store the data in binary as “1” or “0”.
But what if you could turn these classic bits into quantum bits – qubits – to use the overlay to be “1” and “0” memory at the same time?
Also, what if you could take advantage of entanglement and have all multi-state qubits work together to solve computationally intensive problems?
In theory, you would build a machine with so much computing power that today’s most advanced supercomputers would look old.
That’s exactly what’s happening today.
The possibilities behind quantum computing
Google has built a quantum computer which is approx 158 million times faster than the world’s fastest supercomputer.
That’s no exaggeration. That’s a real number.
Imagine the possibilities behind a new set of quantum computers that are 158 million times faster than even today’s fastest computers…
We would finally have the level of AI that you see in movies. The biggest limitation of today’s AI is the robustness of machine learning algorithms, which are constrained by supercomputing capacity. Expand that capacity and you get infinitely improved machine learning algorithms and infinitely smarter AI.
We could eradicate disease. We already have tools like gene editing. But its effectiveness depends on the robustness of the underlying computing power to identify, target, insert, cut and repair genes. Add quantum computing power and everything happens flawlessly in seconds – so we can fix anything about anyone.
We could finally have that million-mile EV. We can only improve batteries if we can test them. And we can only test them so often in the real world. Therefore, the key to unlocking a million-mile battery lies in simulation. And the speed and effectiveness of simulations depend on the robustness of the underlying computing power. Make this capacity 158 million times larger, and the cell simulation will be 158 million times faster.
That economic opportunities here are really endless.
Solve today’s problems
One problem I have with emerging technological breakthroughs is that they are usually focused on solving tomorrow’s problems. And we need tools to solve them today problems.
But quantum computing doesn’t have that focus. Instead, it could prove mission-critical, helping us solve today’s problems.
Let’s revisit the making of a million-mile electric vehicle.
We are in the midst of a global energy crisis marked by rising fuel prices. As a result, we all pay a hefty dollar to fill our cars with gas. And it hurts everyone.
The ultimate “solution” is of course the purchase of electric vehicles for everyone. But EVs today are technologically limited. On average, they achieve a range of about 250 miles. And they’re pretty expensive too.
Quantum computing could change that. It could allow us to develop a million-mile EV fairly soon. And through material simulation and battery optimization modeling, it would also drastically reduce the cost of EV manufacturing.
In other words, with the help of quantum computing, we could be just years away from $15,000 electric vehicles capable of driving up to 1,000 miles on a single charge.
In fact, automakers like Hyundai (HYMTF) and Volkswagen (VWAGY) are already using quantum computing to create high-performance, low-cost next-generation electric vehicles. These are electric vehicles that actually go as far as your gas car – and cost less too!
And these are the vehicles that will change the world, not today’s $70,000 Teslas or $100,000-Plus Clear (LCID) Cars. The electric vehicles that will change the world will cover more than 1,000 miles and cost less than $15,000.
Quantum computing is key to manufacturing this electric vehicles.
Unfortunately, I repeat: Quantum Computing is not some science fiction project that will help the world in 10 years. It’s a breakthrough technology that can help solve the problems of today’s world!
And the most useful application? electric vehicles.
The last word
Quantum computing is the most important underestimatedmost transformative technological breakthrough since the internet.
In fact, it may be bigger than the Internet. As Mr. Israel said, it can be greater than the discovery of fire itself.
The first tangible, value-added application of quantum computing technology – electric vehicles.
We firmly believe that quantum computing will greatly accelerate the EV revolution. Over the next few years, it will help create new electric vehicles that last forever and cost next to nothing.
Forget Tesla. Focus on the next wave of EV manufacturers that will make these quantum-enabled cars.
Believe it or not, one of those companies is Apple (AAPL).
Yes. You read that right. The world’s largest company is reportedly preparing to launch an electric vehicle very soon. Given its expertise in designing home-run-hit hardware products, we believe Apple’s EV will take us into an electric future.
And guess what? We found one $3 shares which we believe will become the exclusive supplier of the core technology of the Apple car.
According to our numbers, it could explode 40X from current levels.
Not 10X, 20X or 30X – 40X – a potential investment that turns $10,000 into $400,000.
Needless to say, there is a Opportunity you need to hear about today.
At the time of publication, Luke Lango had no position (either directly or indirectly) in any of the securities mentioned in this article.