Quantum Computing And Investing
At a conference on quantum computing and finance on December 10, 2020, William Zeng, head of quantum research at Goldman Sachs, told the audience that quantum computing could have a “revolutionary” impact on the bank, and on finance more broadly. In a similar vein, Marco Pistoia of JP Morgan stated that new quantum machines will boost profits by speeding up asset pricing models and digging up better-performing portfolios. While there is little dispute that quantum computing has great potential to perform certain mathematical calculations much more quickly, whether it can revolutionize investin...