Chicago quantum BLOG

  Chicago Quantum | US Advanced Computing Infrastructure, Inc.
  • Home
  • Team
  • Research
  • Buy Analysis
  • Market Questions & Data
  • Contact
  • Blog
  • Use Cases
  • Platforms
  • Quantum FAQs
  • Chicago Quantum | Corporate Finance 101
  • 1-hour working session
  • 1-day working session
  • 1-week strategy workshop
  • Analyze up to 3,250 stocks (quantum or classically)
  • 64 Stocks (Quantum & Classical)
  • 64 Stocks (Classical)
  • T-Shirts
  • Custom Algorithm Development
  • Platforms Detail
  • Use Case Detail
  • Market Data
  • Validated tickers
  • Portfolio.m

The challenge of converting quantum computing into business language

7/2/2019

0 Comments

 
For our first client, we will create a multi-dimensional space in which to pull random samples in a quasi-monte carlo simulation.  We will use classical computing for ETL and to create the vectors (one per dimension), then use a quantum computer for the 'hard parts.'  Then, we will feed the answers into classical computers...and ultimately a Microsoft Word document.

It is relatively easy (based on decades of training and experience) to understand business requirements, and challenging to figure out the mathematical approach.  However, it is very challenging to figure out how to explain what we are doing...in plain business language.

This is my challenge today...thoughts welcome.
Regards, Jeffrey Cohen
chicago_quantum_newsletter_-_july_2019.pdf
File Size: 1455 kb
File Type: pdf
Download File

Response to the BLOG Post (July 11, 2019)
Jeffrey Cohen, President, US Advanced Computing Infrastructure, Inc.


On July 2, 2019, the founder blogged about the challenge of converting quantum computing into business language.  He discussed our first beta client, a pizza chain, and how we were going to optimize pizza delivery.  It was full of jargon and clever math terms like ‘quasi-Monte Carlo simulation,’ vectors, dimensions, and even ETL (extract, transform and load) the data.  We could have discussed stochastic sampling if we liked.


This is not helpful in most business or social contexts.  People ask about the business and ‘hey, what’s quantum’ and expect an answer they can relate to.

Sean, an office colleague, asked about the business yesterday.  We spoke about generalities (sales, revenue, hiring, marketing, collaboration, etc.) and then our current client challenge.  Here is how I explained the work.

Do you gamble with cards?  Games like poker or blackjack?  “Sure”, he said.  You know the computer games where you practice hands at home?  If you win 400 out of 500 hands you feel ready to go to the casino and bet real money, but it usually does not work out that way when you go.  That is because today’s computers and phones are not good at being random.

Quantum computers work super-fast with probabilities and lots of choices.  They can also be very random, like the nature it is based on.  He said, “So, when you measure it, it’s over, right?  Like Schroedinger’s Cat?”  Yes, when you ask for the answer, you get the best answer at that moment…a real number.  To be sure, you can ask it to repeat the problem and take the most common answer.  That answer is what you use.

So, you do the up-front calculations and preparation on a regular computer, then call the quantum computer, then go back to regular computers (or write a report) to use the answer.

Back to winning at cards.  So, imagine we could deal truly random cards.  If you won 400 out of 500 hands, you would be more confident heading to the casino (which we believe is random).  This made sense to him.  Run an analysis many times, using truly random input, and take the most common answer.  For pizza delivery, we would also look at the distribution of answers to understand our confidence with the operational, mathematical model we built based on truly random samples of their data.

As an aside, post-quantum security requires large amounts of random numbers to create keys to encrypt communications.  This is why we see firms pair up quantum key distribution (QKD) and quantum random number generators (QRNG).

Key take-aways:
  • Quantum computers are truly random (based on nature), which gives more independent results.
  • Quantum computers look at many probabilities and choices, then stop and give you an independent answer.  Repeat often enough and you build confidence in the answer.
  • We do all data preparation work on a classical computer (like a Linux server), then call the quantum computer for the computationally hard work.
  • In casino gambling, once we know the best cards, draws, and bets to make in a truly random casino game, we then have to think whether our casino experience is random.

​Hope you enjoyed this BLOG post.
Jeffrey Cohen
@Chicago_Quantum (Twitter)
Https://www.chicagoquantum.com
+1.312.515.7333 (cell)

0 Comments



Leave a Reply.

    View my profile on LinkedIn

    Jeff Cohen

    Strategic IT Management Consultant with a strong interest in Quantum Computing.  Consulting for 29 years  and this looks as interesting as cloud computing was in 2010.

    Archives

    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    April 2020
    March 2020
    February 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019

    RSS Feed

Copyright 2021 US Advanced Computing Infrastructure, Inc.  
Chicago Quantum (SM) is a protected service mark, registration 113562, by the Secretary of State of Illinois.

Disclaimer: 
US Advanced Computing Infrastructure, Inc. does not provide personal investment or financial advice to individuals, or act as personal financial, legal, or institutional investment advisors, or individually advocate the purchase or sale of any security or investment or the use of any particular financial strategy.  All investing, stock forecasts, and investment strategies include the risk of loss for some or even all of your capital.  Before pursuing any financial strategies discussed on this website, you should always consult with a licensed financial advisor.  Put another way, the analysis we provide is for general informational purposes only and does not take into consideration your personal circumstances or other factors that may be important in making decisions.    It should not be considered an individual recommendation or personalized investment advice.  The stocks mentioned may not be suitable for all investors.  As with any investment there is risk.  Past performance is not an indication of future results.  Please do your own due diligence on any stock portfolios highlighted.

Unauthorized reproduction or redistribution of this information or the analysis provided in any form is strictly prohibited.

  • Home
  • Team
  • Research
  • Buy Analysis
  • Market Questions & Data
  • Contact
  • Blog
  • Use Cases
  • Platforms
  • Quantum FAQs
  • Chicago Quantum | Corporate Finance 101
  • 1-hour working session
  • 1-day working session
  • 1-week strategy workshop
  • Analyze up to 3,250 stocks (quantum or classically)
  • 64 Stocks (Quantum & Classical)
  • 64 Stocks (Classical)
  • T-Shirts
  • Custom Algorithm Development
  • Platforms Detail
  • Use Case Detail
  • Market Data
  • Validated tickers
  • Portfolio.m