After years of false dawns, many of the world\u2019s leading tech companies are now betting that quantum computers will start to outperform their conventional counterparts by 2030 \u2013 with a potentially huge impact on fields ranging from cryptocurrencies and financial services to drug discovery.<\/p>\n\n\n\n
\u201cIt sounds really futuristic and I fully understand that,\u201d says Gerald Mullally, CEO of Oxford Quantum Circuits, pointing to his company\u2019s client base as a vote of faith in the technology\u2019s potential. \u201cEssentially it\u2019s a bet that these companies are making that \u2018this is going to happen, it\u2019s going to matter and so the sooner we engage with it, the more practice we get.\u2019\u201d<\/p>\n\n\n\n
But some scientists worry that the sheer power of the technology could endanger privacy and national security while others still doubt that useful machines can be made at all.<\/p>\n\n\n\n
Read it all<\/a>.<\/p> Financial Times: The quantum computing revolution is closer than you think – Companies are betting on big implications for pharmaceuticals, financial services and crypto. But sceptics worry about hype https:\/\/t.co\/bNSUlFlyss<\/a><\/p>— Aaron M. Renn 🇺🇸 (@aaron_renn) June 12, 2026<\/a><\/blockquote>