WEBVTT - Quantum Computing: The Next Frontier That Will Change Humanity Forever

0:00:01.360 --> 0:00:03.640
<v Speaker 1>This episode is brought to you by P and C Bank.

0:00:04.000 --> 0:00:06.760
<v Speaker 1>A lot of people think podcasts about work are boring,

0:00:07.000 --> 0:00:10.840
<v Speaker 1>and sure they definitely can be, but understanding a professionals

0:00:10.920 --> 0:00:14.160
<v Speaker 1>routine shows us how they achieve their success little by little,

0:00:14.560 --> 0:00:18.200
<v Speaker 1>day after day. It's like banking with P and C Bank.

0:00:18.680 --> 0:00:21.480
<v Speaker 1>It might seem boring to safe plan and make calculated

0:00:21.480 --> 0:00:24.599
<v Speaker 1>decisions with your bank, but keeping your money boring is

0:00:24.640 --> 0:00:27.960
<v Speaker 1>what helps you live or more happily fulfilled life. P

0:00:28.080 --> 0:00:32.879
<v Speaker 1>and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly

0:00:32.960 --> 0:00:35.600
<v Speaker 1>Boring since eighteen sixty five is a service mark of

0:00:35.600 --> 0:00:38.840
<v Speaker 1>the PNC Financial Service Group, Inc. P and C Bank

0:00:39.280 --> 0:00:42.000
<v Speaker 1>National Association Member FDIC.

0:00:44.600 --> 0:00:45.279
<v Speaker 2>Erness What's Up?

0:00:45.360 --> 0:00:47.839
<v Speaker 1>You ever walk into a small business and everything just

0:00:47.960 --> 0:00:51.159
<v Speaker 1>works like the checkout is fast, the receipts are digital,

0:00:51.680 --> 0:00:54.640
<v Speaker 1>tipping is a breeze, and you're out the door before

0:00:54.680 --> 0:00:58.840
<v Speaker 1>the line even builds. Odds are they're using Square? We

0:00:58.960 --> 0:01:01.520
<v Speaker 1>love supporting business that run on Square because it just

0:01:01.560 --> 0:01:04.800
<v Speaker 1>feels seamless. Whether it's a local coffee shop, a vendor

0:01:04.840 --> 0:01:07.080
<v Speaker 1>at a pop up market, or even one of our

0:01:07.160 --> 0:01:10.800
<v Speaker 1>merch partners. Square makes it easy for them to take payments,

0:01:11.040 --> 0:01:14.760
<v Speaker 1>manage inventory, and run their business with confidence, all from

0:01:14.840 --> 0:01:18.240
<v Speaker 1>one simple system. If you're a business owner or even

0:01:18.360 --> 0:01:21.880
<v Speaker 1>just thinking about launching something soon, Square is hands down

0:01:21.880 --> 0:01:24.199
<v Speaker 1>one of the best tools out there to help you start,

0:01:24.600 --> 0:01:28.200
<v Speaker 1>run and grow. It's not just about payments, it's about

0:01:28.200 --> 0:01:30.640
<v Speaker 1>giving you time back so you can focus on.

0:01:30.560 --> 0:01:32.000
<v Speaker 2>What matters most ready.

0:01:32.040 --> 0:01:35.399
<v Speaker 1>To see how Square can transform your business, visit Square

0:01:35.480 --> 0:01:40.000
<v Speaker 1>dot com backslash go backslash eyl to learn more that

0:01:40.200 --> 0:01:45.640
<v Speaker 1>Square dot com backslash, go backslash eyl. Don't wait, don't hesitate.

0:01:45.760 --> 0:01:48.160
<v Speaker 1>Let's Square handle the back end so you can keep

0:01:48.160 --> 0:01:49.400
<v Speaker 1>pushing your vision forward.

0:01:51.640 --> 0:01:55.160
<v Speaker 3>Quantum computing something that's been getting live attention lately. Yeah,

0:01:55.240 --> 0:01:57.440
<v Speaker 3>you know, they said, a quantum computers. These things actually

0:01:57.560 --> 0:02:00.360
<v Speaker 3>can solve in minutes what a regular computer takes one

0:02:00.440 --> 0:02:04.400
<v Speaker 3>million years to solve. It's not really at full capacity yet,

0:02:04.400 --> 0:02:07.000
<v Speaker 3>they said, over the next five years, maybe ten years,

0:02:07.240 --> 0:02:09.480
<v Speaker 3>it'll be like but you have to keep it in

0:02:09.520 --> 0:02:15.280
<v Speaker 3>the coldest conditions known to human and their complex computers.

0:02:16.560 --> 0:02:20.240
<v Speaker 3>They pose a great risk security because they can crack codes,

0:02:20.880 --> 0:02:23.120
<v Speaker 3>they could do they could they could do pretty much anything.

0:02:23.520 --> 0:02:25.680
<v Speaker 3>So a lot of people think that's going to be

0:02:26.840 --> 0:02:35.080
<v Speaker 3>a risk to cryptocurrency, especially bitcoin, because Bitcoin it's not

0:02:35.120 --> 0:02:37.720
<v Speaker 3>like they have like a working in governance that's actually

0:02:37.840 --> 0:02:41.360
<v Speaker 3>updating cybersecurity on nobody even you know. It's a little

0:02:41.360 --> 0:02:44.040
<v Speaker 3>harder than like say ethereyum more centralized coin where they

0:02:44.080 --> 0:02:46.800
<v Speaker 3>can you know, adapt with the times a little quicker.

0:02:48.600 --> 0:02:53.120
<v Speaker 3>So how will this affect bigcoin and cryptocurrency.

0:02:52.360 --> 0:02:55.079
<v Speaker 2>Short term or long term? No, short term is not

0:02:55.080 --> 0:02:55.720
<v Speaker 2>gonna have an effect.

0:02:55.760 --> 0:02:59.080
<v Speaker 3>For long term, I.

0:02:59.120 --> 0:03:01.760
<v Speaker 4>Think I first mentioned quantum on the show maybe three

0:03:02.000 --> 0:03:04.720
<v Speaker 4>years ago, two and a half years ago. The next

0:03:04.800 --> 0:03:08.880
<v Speaker 4>biggest space. It's gonna be really interesting, though. What I

0:03:08.880 --> 0:03:12.840
<v Speaker 4>will say about that Google quantum chip. I scoured the

0:03:12.840 --> 0:03:17.239
<v Speaker 4>internet high and low looking after I looked at Travis's

0:03:17.320 --> 0:03:20.240
<v Speaker 4>drama that he had going on, and the thing that

0:03:20.280 --> 0:03:24.080
<v Speaker 4>I didn't see was a demo. So, if you have

0:03:24.200 --> 0:03:28.560
<v Speaker 4>this amazing chip and I'm seeing more videos about cooking

0:03:28.560 --> 0:03:31.440
<v Speaker 4>wakaya than you of this, this demo to the quantum,

0:03:33.000 --> 0:03:36.000
<v Speaker 4>I don't believe you. We need more people y'all missed

0:03:36.040 --> 0:03:38.240
<v Speaker 4>out on the AI race the first time. I'm not

0:03:38.320 --> 0:03:40.680
<v Speaker 4>saying that Google does not have the chip. I will

0:03:40.760 --> 0:03:42.520
<v Speaker 4>have loved to see the demo though, now, how will

0:03:42.600 --> 0:03:45.800
<v Speaker 4>affect pitcoin. I think at some point there may be

0:03:45.800 --> 0:03:48.760
<v Speaker 4>some attacks, but I think they're also whoever runs the

0:03:48.840 --> 0:03:54.400
<v Speaker 4>quantum space will end up providing cybersecurity for them. So

0:03:54.480 --> 0:03:56.560
<v Speaker 4>if I have the ability to break into your safe,

0:03:57.200 --> 0:03:59.400
<v Speaker 4>why not hire me a security for your safe to

0:03:59.400 --> 0:04:02.080
<v Speaker 4>help you kind of keep some of these things encryptis so,

0:04:02.520 --> 0:04:04.400
<v Speaker 4>but I do think the sector is going to have

0:04:04.440 --> 0:04:08.200
<v Speaker 4>a tremendous impact on crypto as a whole, the economy

0:04:08.200 --> 0:04:09.800
<v Speaker 4>as a whole. It's gonna be the next space. It's

0:04:09.840 --> 0:04:12.760
<v Speaker 4>gonna be as how as AI was the last two years.

0:04:13.080 --> 0:04:15.760
<v Speaker 4>But I don't I'm not sold on Google having the

0:04:15.840 --> 0:04:16.520
<v Speaker 4>solution yet.

0:04:16.640 --> 0:04:17.160
<v Speaker 2>And I know.

0:04:17.160 --> 0:04:20.880
<v Speaker 4>Everybody's asking about qubs and the small companies. I'm telling

0:04:20.920 --> 0:04:23.200
<v Speaker 4>you a small company is not going to take the

0:04:23.279 --> 0:04:25.200
<v Speaker 4>lead over in this race. Is probably one of the

0:04:25.240 --> 0:04:28.520
<v Speaker 4>most important innovations of like the last eighty years.

0:04:28.760 --> 0:04:32.000
<v Speaker 2>So yeah, I'm with you on that.

0:04:32.200 --> 0:04:36.080
<v Speaker 1>I think short term, the quantum computers they're just not

0:04:36.120 --> 0:04:37.919
<v Speaker 1>powerful enough to interrupt bitcoin.

0:04:39.360 --> 0:04:41.520
<v Speaker 2>It's interesting, I was with you.

0:04:41.520 --> 0:04:43.799
<v Speaker 1>I didn't see a demo, so when we talked about

0:04:44.040 --> 0:04:46.800
<v Speaker 1>we're talking about Willow and that that's the computer, And

0:04:46.880 --> 0:04:49.279
<v Speaker 1>so I did like, now I got to do the

0:04:49.279 --> 0:04:51.160
<v Speaker 1>research on it. So now I'm trying to figure out,

0:04:51.200 --> 0:04:52.839
<v Speaker 1>like how does this thing work? And so the work

0:04:52.920 --> 0:04:54.800
<v Speaker 1>qubits come up, So like if you're doing research on

0:04:54.880 --> 0:04:57.200
<v Speaker 1>quantum computing, you're gonna hear cute bits, and it just

0:04:57.200 --> 0:04:59.880
<v Speaker 1>means a quantum bit. So if all y'all like that

0:05:00.040 --> 0:05:02.080
<v Speaker 1>grew up playing video games, you remember when it was

0:05:02.120 --> 0:05:03.239
<v Speaker 1>like sixteen.

0:05:02.800 --> 0:05:05.800
<v Speaker 2>Bit, thirty two bit, sixty four bit.

0:05:05.960 --> 0:05:08.480
<v Speaker 1>That was just the measure of information that can be taken,

0:05:08.880 --> 0:05:11.640
<v Speaker 1>and so a cubit is that it's the measure of

0:05:11.640 --> 0:05:14.679
<v Speaker 1>information that can be taken inside a quantum computing WILLO

0:05:14.960 --> 0:05:18.960
<v Speaker 1>right now is at one hundred and five super conducting cubits,

0:05:19.040 --> 0:05:21.440
<v Speaker 1>So one hundred and five that's where it's at presently.

0:05:21.720 --> 0:05:22.160
<v Speaker 2>Currently.

0:05:22.520 --> 0:05:25.200
<v Speaker 1>The problem with quantum computing, and if you read every

0:05:25.600 --> 0:05:28.960
<v Speaker 1>physicist and every expert, is the error tests.

0:05:29.120 --> 0:05:30.520
<v Speaker 2>Right. It can do things.

0:05:30.360 --> 0:05:34.200
<v Speaker 1>Very fast, but there's an accurate the reliability of it

0:05:34.240 --> 0:05:37.520
<v Speaker 1>is so far off right now in present day, in

0:05:37.640 --> 0:05:42.119
<v Speaker 1>order for it to have satisfactory errorrates, it needs about

0:05:42.200 --> 0:05:44.560
<v Speaker 1>fifteen hundred cubits. So right now WILLO is at one

0:05:44.560 --> 0:05:47.560
<v Speaker 1>oh five to have satisfactory.

0:05:46.800 --> 0:05:48.599
<v Speaker 2>Errorrates, and it needs fifteen hundred.

0:05:49.240 --> 0:05:53.719
<v Speaker 1>For it to have large perform large fault tolerant calculations,

0:05:53.760 --> 0:05:57.040
<v Speaker 1>it needs between one hundred thousand to one million cubits.

0:05:57.400 --> 0:05:59.200
<v Speaker 1>So when we talk about where are we at in

0:05:59.279 --> 0:06:03.600
<v Speaker 1>quantum computing.

0:06:02.360 --> 0:06:03.040
<v Speaker 2>Was it a breakthrough?

0:06:03.160 --> 0:06:05.680
<v Speaker 1>Is that one oh five To have a large model,

0:06:05.720 --> 0:06:08.760
<v Speaker 1>we need about one hundred thousand to a million.

0:06:08.839 --> 0:06:11.760
<v Speaker 2>So we're kind of out of that. Like I said,

0:06:12.000 --> 0:06:13.360
<v Speaker 2>as far as Bitcoin.

0:06:13.279 --> 0:06:16.720
<v Speaker 1>Not powerful enough yet when it becomes right, because bitcoin

0:06:16.760 --> 0:06:19.160
<v Speaker 1>isn't going anywhere, quantum computer isn't going anywhere.

0:06:19.800 --> 0:06:22.800
<v Speaker 2>Bitcoin, if you understand proof of stake, proof.

0:06:22.560 --> 0:06:26.840
<v Speaker 1>Of work, it has the ability to change in terms

0:06:26.880 --> 0:06:30.480
<v Speaker 1>of forking, and so, like again doing the researchhowing it,

0:06:30.640 --> 0:06:32.760
<v Speaker 1>they're already trying to figure out how they can have

0:06:32.920 --> 0:06:39.080
<v Speaker 1>like cryptographic algorithms are resistant to quantum computing, and so

0:06:39.240 --> 0:06:41.000
<v Speaker 1>these technologies are working at the same time.

0:06:41.080 --> 0:06:43.080
<v Speaker 2>They know the issue that it's ahead of it.

0:06:43.520 --> 0:06:45.599
<v Speaker 1>They are already people trying to figure out what is

0:06:45.640 --> 0:06:48.360
<v Speaker 1>the soft fork that can help be resistance to it,

0:06:49.160 --> 0:06:51.200
<v Speaker 1>and so that happened, like by the time we figured

0:06:51.200 --> 0:06:52.800
<v Speaker 1>it out, they've been working on it for probably three years,

0:06:52.839 --> 0:06:56.000
<v Speaker 1>already knowing that this is this is the the case

0:06:56.120 --> 0:06:59.000
<v Speaker 1>going forward for quantum computing and the road that it'll

0:06:59.040 --> 0:07:02.080
<v Speaker 1>collabe with bitcoin, because like you said, security and reliability're

0:07:02.120 --> 0:07:03.839
<v Speaker 1>gonna be the two things that be at the forefront

0:07:03.880 --> 0:07:05.680
<v Speaker 1>of it.

0:07:05.680 --> 0:07:06.920
<v Speaker 4>It's kind of like when an artists back in the

0:07:06.960 --> 0:07:08.720
<v Speaker 4>day said I had a fire album and it's like, well,

0:07:08.839 --> 0:07:09.480
<v Speaker 4>let me hear something.

0:07:09.480 --> 0:07:11.480
<v Speaker 2>It's like, give me nine more months. It's like.

0:07:13.560 --> 0:07:17.600
<v Speaker 4>If it was there, they would have had demo day immediately.

0:07:17.480 --> 0:07:18.880
<v Speaker 2>Ten seconds snipt of the album.

0:07:18.960 --> 0:07:19.080
<v Speaker 3>No.

0:07:19.240 --> 0:07:21.800
<v Speaker 2>I mean most people say that it's not ready yet,

0:07:22.160 --> 0:07:22.840
<v Speaker 2>but it will be.

0:07:24.440 --> 0:07:24.680
<v Speaker 5>Sure.

0:07:25.240 --> 0:07:30.240
<v Speaker 3>Google Google China put more money in than than anybody else.

0:07:30.640 --> 0:07:34.440
<v Speaker 3>And I even saw a study there was like the scientists,

0:07:35.160 --> 0:07:39.120
<v Speaker 3>like the graduation, the graduate classes for like these type

0:07:39.120 --> 0:07:43.080
<v Speaker 3>of the average in America is four students per class

0:07:43.440 --> 0:07:48.120
<v Speaker 3>and China is twenty five students. So they they are

0:07:49.280 --> 0:07:53.880
<v Speaker 3>pumping billion dollars into America's too, but they're they're putting

0:07:53.920 --> 0:08:01.160
<v Speaker 3>even more resources, talent, human resources into quantum computing and

0:08:01.280 --> 0:08:07.040
<v Speaker 3>their patients. So when it does happen, they're definitely working

0:08:07.080 --> 0:08:12.960
<v Speaker 3>hard towards fine tuning it and being the leaders in it.

0:08:13.680 --> 0:08:17.160
<v Speaker 2>And that's the point. It's like quantumpules not going anywhere,

0:08:17.360 --> 0:08:17.840
<v Speaker 2>And if.

0:08:17.680 --> 0:08:21.640
<v Speaker 1>We look at it like we looked at AI, then yeah,

0:08:21.680 --> 0:08:25.080
<v Speaker 1>there'll be companies leaning it, but infrastructure will still be needed. Right,

0:08:25.120 --> 0:08:27.040
<v Speaker 1>So if you're looking like how do we what's the play?

0:08:27.080 --> 0:08:29.040
<v Speaker 1>Like you said, there's people that will put up like

0:08:29.080 --> 0:08:30.960
<v Speaker 1>these other quantum computing.

0:08:30.560 --> 0:08:32.400
<v Speaker 2>Stocks, look for the comportary.

0:08:32.440 --> 0:08:36.719
<v Speaker 1>Look for infrastructure, right because they need to be held somewhere.

0:08:37.040 --> 0:08:39.680
<v Speaker 2>Cooling is very important to it. Who are the companies

0:08:39.760 --> 0:08:40.920
<v Speaker 2>that are creating those things?

0:08:42.080 --> 0:08:44.760
<v Speaker 1>Power and energy are going to be important like this

0:08:44.960 --> 0:08:47.520
<v Speaker 1>that the power is ridiculous, Like when you're talking about

0:08:47.720 --> 0:08:51.400
<v Speaker 1>how fast this works, they said that Willow's complex calculation

0:08:51.559 --> 0:08:55.040
<v Speaker 1>can create a solve something in five minutes, which would

0:08:55.320 --> 0:09:00.800
<v Speaker 1>normally take a classic supercomputer around ten sets tillion years

0:09:00.800 --> 0:09:01.360
<v Speaker 1>to complete.

0:09:02.520 --> 0:09:05.839
<v Speaker 2>That sounds good with no demo, that's ridiculous.

0:09:05.880 --> 0:09:07.360
<v Speaker 1>So think about the power that's going to take to

0:09:07.360 --> 0:09:09.320
<v Speaker 1>do that, Think about the infrastructure that needs to be

0:09:09.360 --> 0:09:11.480
<v Speaker 1>house to do that. Those are the areas that I

0:09:11.480 --> 0:09:13.480
<v Speaker 1>would be looking at if we're talking about five ten

0:09:13.559 --> 0:09:15.040
<v Speaker 1>years when it comes to quantum computing.

0:09:15.160 --> 0:09:18.760
<v Speaker 5>An illegal alien from Guatemala charged with raping a child

0:09:18.840 --> 0:09:22.640
<v Speaker 5>in Massachusetts. An MS thirteen gang member from al Salvador

0:09:22.880 --> 0:09:27.000
<v Speaker 5>accused of murdering a Texas man of Venezuelan charged with

0:09:27.080 --> 0:09:30.960
<v Speaker 5>filming and selling child pornography in Michigan. These are just

0:09:31.080 --> 0:09:34.840
<v Speaker 5>some of the heinous migrant criminals caught because of President

0:09:34.880 --> 0:09:38.400
<v Speaker 5>Donald J. Trump's leadership. I'm Christy Noman, the United States

0:09:38.480 --> 0:09:43.280
<v Speaker 5>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:09:43.280 --> 0:09:46.840
<v Speaker 5>crossings are at the lowest levels ever recorded, and over

0:09:46.920 --> 0:09:50.120
<v Speaker 5>one hundred thousand illegal aliens have been arrested. If you

0:09:50.200 --> 0:09:54.040
<v Speaker 5>are here illegally, your next you will be fined nearly

0:09:54.160 --> 0:09:58.160
<v Speaker 5>one thousand dollars a day, imprisoned, and deported. You will

0:09:58.200 --> 0:10:01.840
<v Speaker 5>never return. But if you reach using our CBP home

0:10:01.880 --> 0:10:05.240
<v Speaker 5>app and leave now, you could be allowed to return legally.

0:10:05.640 --> 0:10:10.320
<v Speaker 5>Do what's right. Leave now. Under President Trump, America's laws,

0:10:10.559 --> 0:10:13.000
<v Speaker 5>border and families will be protected.

0:10:13.080 --> 0:10:15.200
<v Speaker 2>Sponsored by the United States Department of Homeland Security.