Unleashing the power of Qubit & AI
Utpal Chakraborty, Head of Artificial Intelligence, YES Bank, AI Researcher
Utpal Chakraborty, Head of Artificial Intelligence, YES Bank, AI Researcher
We will not go into details of Quantum Dynamics in this article, rather let’s discuss how Quantum-AI combo can help us in our business.
First of all, quantum computers can solve the wide range complex optimization problems in all domains which conventional computing struggles to perform on time. These optimization challenges are intrinsic in the field of aviation, finance, manufacturing, drug research & medicine etc.
In finance, some complex derivatives which are path-dependent; evaluating innumerous paths used to be computationally very expensive and difficult to understand their interdependence, hence can never calculated near-real-time with classic computers but quantum computer can easily compute those in real-time. This will revolutionize financial market study and prediction of stocks and crypto currencies.
In medicine, quantum computing can optimize radiation therapy procedures in cancer treatment. It will also streamline drug discovery by shortening the timespan and minimizing side effects. It will similarly bring about a huge change in the field of genetic research, preventive healthcare, personalized medicines, critical care decisions and “In Silico Simulations” for various drug designs. Also, “Digital Health” which is much talked about today can only be a reality in true sense if the power of quantum computers can be leveraged.
In aviation, Airbus is doing R&D combining quantum and AI for optimization of structural Wing Box design which is a complex area of flight physics. Other applications pertaining flight safety, optimization of travel routes, travel time are just few examples. Quantum has already proved to be superefficient when it comes to optimizing complex flight systems. Also, the dream of building any superior Decision Support System can only come true when astronomical volume of data can be processed and corelated leveraging Quantum and AI.
Google is already using its quantum computer for its autonomous vehicle project for faster processing of information and hence immediate reaction to any situations. Quantum is transforming the security arena or the encryption world, Qubit states will eventually empower encryptions unhackable. The flipside is if a bad actor having access to quantum computer can literally break any encryption that exists today.
Anomaly Detection is a classic application of AI and machine learning in different domains and quantum computing is going to revolutionized in this area. As per many experts, the day is not far when a meaningful machine learning application will be incomplete without quantum computing.
NASA is using its quantum computer for space exploration, astronomical and weather studies by analyzing data generated by telescopes. Google, IBM, Microsoft and few other companies are already started using their quantum computers for various studies in variety of fields.
Quantum can play a crucial role in any election campaigns as it has got enormous processing power and speed to crunch data and bring inferences out in real-time. Similarly, it can solve many of the Big Data problems by optimizing and accelerating search results and understanding the hidden patterns in much better way.
Various studies in simulated environments is getting transformed using quantum computing capabilities, like in the field of chemistry, medicine and genetics to better understand behavior and interactions of molecules and chemical compounds. Simulation of durable battery designs are already done using quantum computers.
Above all, quantum is going to have the biggest impact on AI and machine learning. Some of the classic ML problems like Linear System Solving can be way faster using HLL algorithm, similarly elementary ML techniques PCA (Principal Component Analysis) can be done much faster in quantum computers using LMR algorithm and many more.
So, Quantum and AI is going to be a great combination and will prove to be panacea for many of the scientific and technological limitations the world today is restricted with and has started solving many unsolved.
