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Could Quantum Computing Better Predict and Prevent Economic Downturns?

  • August 16, 2022
  • Software

Bull and Bear Horns to Sky…[A]ttention is turning towards quantum’s use as a tool for codifying quantitative macroeconomic problems, revealing how wealth evolves over time in response to changes or perturbations within the financial network…

…Improvements to the complexity of optimization problems modeled on quantum annealers depend on continued technological progress…

…Quantum annealing systems with 1000x error reduction will be required to simulate the full economy… quantum computers will be able to simulate financial networks at a level that would require as many resources as there are atoms in the universe for classical computers to achieve…

Editor’s Note: Italicized statements are directly quoted from the source. Content may have been edited for style and clarity. Read the full article at the source by clicking on the text or image.

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  • Algorithms, Applications for Quantum Computing, Financial Sector, Modeling, Quantum Computers, Quantum Computing, quantum computing applications, Quantum Optimization Algorithms
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