Episode Transcript
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Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it will have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.
Speaker 2 (00:16):
Magic, yeah, quantum magic, All right, you got to get
your arms around this. Microsoft announced a major quantum computing breakthrough,
and they put it like this, the ceo Staia and
Nadella put out, most of us grew up learning there
(00:38):
are three main types of matter that matter, solid, got liquid,
and you have gas. He's saying today that's changed. After
a nearly twenty year pursuit, Microsoft has created an entirely
new state of matter, unlocked by a new class materials,
(01:01):
topo conductors that enable a fundamental leap in computing. This
chip that Microsoft has, it's called Majorna one. It is
the first quantum processing unit built on a topological core.
Now they feel that this breakthrough again supposedly quantum computing
(01:25):
was supposed to take another ten twenty years. He's now
saying that it's going to take a few years. The
cubits created with topo conductors are faster, more reliable, and smaller.
They are one to one hundredth of a millimeter, meaning
(01:47):
we now have a clear path to a million cubit processor. Now,
what does this mean. You've got to chip computer chip
that you can fit in the palm of your hand.
Yet it's capable of solving problems that if you were
(02:13):
to combine every single computer on the entire planet and
hook them up together, they couldn't do this. Right Again,
get your arms around this, folks. Okay, one hip, one ship,
fitting in the palm of your hand would be more
powerful than all of the existing computers combined on the planet. Again,
(02:45):
you think about the possibility, and I've started to try
to get my arms around quantum computing. There has been
some talk and how they operate that it's like there's
means that there's a multiverse out there, but you also
have to think about it. Basically, any sort of encryption,
(03:08):
any sort of encryption, anything like that is obsolete. You
can hack anything with this type of computing power. I
don't know what this means to Bitcoin. They're saying this
type of power will help solve all sorts of issues
when it comes to diseases, and there's a myriad of
(03:28):
applications for this, but again, you just can't try to
get your arms around what they just came up with.
You thought AI was big, This is bigger. Watch Dog
on Wall Street dot Com