- Three out of five companies exploring quantum AI
- Data analysis and machine learning is an important application to the technique
- High costs and lack of knowledge and skills are barriers to full adoption
Businesses are more familiar with Quantum AI than you would expect, with more than three out of five who are actively investing in or exploring the technology, new research has claimed.
A report from SAS has revealed how technology’s most popular use is in data analysis and machine learning (48%), with research and development for a fairly close second (41%) and cyber security in third place (35%).
LED CHAIN AND LOGISTICS (31%), Financial and Risk Management (26%) and Marketing (20%) are also areas that are explored for the use of Quantum AI.
Quantum AI is possibly the next development in AI
The company noted ‘Quantum AI’ is the combination of AI, as we know it today with the power of quantum calculation, enabling the development of new algorithms, models and other systems that can process complex data, took complicated ML models and loose problems that would otherwise be considered very challenging or impossible with today’s tech.
However, the usual barriers according to any new technology with high costs (38%), a lack of knowledge or understanding (35%), uncertainty about real-world cases (31%), a lack of trained workers (31%), and lack of regulatory guidelines (26%), all preventing businesses from being able to or wanting to explore quantum-II-more detail.
SAS even acknowledged that there is a lot of hype about quantum calculation and quantum AI, adding that today’s research on the subject can be confusing.
“With the emergence of quantum technologies, companies can analyze more data than ever and achieve incredibly quick answers to very complex questions involving countless variables,” explained SAS most important quantum architect Bill Wisotsky.
Although many claim that quantum -Ai -use cases can still be years – or even decades – off, today paves the day’s research the way, and many companies are already starting to explore the new technology applications now.
Among the most important industries intended to take advantage of Quantum AI, Life Sciences includes drug discovery, financial services for risk management and manufacturing for optimized processes.