# Quantum Technology and the Future: Exploring the Benefits and Risks
We are witnessing the dawn of a new era of quantum technology, where the power of quantum computers surpasses even the mightiest supercomputers known to us. But what exactly is quantum technology and how will it shape our future?
Quantum physics, the governing force behind the interactions of molecules, has already given rise to technologies that have become an integral part of our lives, from lasers and MRI machines to modern lightbulbs. Now, quantum sensors are transforming sophisticated medical scanners into accessible devices for our homes, leading us into an era of preventative medicine like never before.
However, with these advancements come new challenges. The immense problem-solving capabilities of quantum technology also hold the potential to render our current digital security infrastructure obsolete, raising concerns about widespread cybersecurity threats. How can we harness the rewards of quantum tech while staying ahead of the risks it poses?
To delve into this topic, we turn to Jack Hidary, CEO of Sandbox AQ and a prominent authority on quantum computing. His expertise sheds light on the complexities of quantum technology and the steps needed to navigate this treacherous landscape. For further insight, visit his blog on why the world is heading towards a ‘quantum divide’.
Join us as we explore the world of quantum technology, its promising applications, and the challenges that lie ahead. Watch more thought-provoking episodes from our Experts Explain series [here](https://www.youtube.com/playlist?list=PLZjdtYU9BMJHW117biN9LaF0pt9DSSRXO).
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**Video Transcript Excerpts**:
*Note: For full transcript, please refer to the video.*
– Quantum computers, based on the laws of quantum physics, have the potential to crack problems that conventional computers cannot solve.
– The digital security systems that underpin the global economy may become obsolete due to the advancements in quantum technology, posing global cybersecurity threats.
– Quantum computers work on the principles of superposition and entanglement, which allow them to explore uncertain outcomes and perform complex calculations.
– Quantum computers are set to revolutionize various fields, including drug discovery and clean tech innovations.
– The accessibility of quantum computers through cloud computing offers new opportunities for students and corporations to explore this transformative technology.
*Source: [World Economic Forum YouTube Channel](https://www.youtube.com/wef)*
We’re at the beginning of a new era of quantum technology.
While quantum computers already exist, they hold within them a problem-solving capacity so enormous that even the world’s most powerful supercomputers currently can’t compete.
The laws of quantum physics, which govern how molecules interact with one another, have helped us develop technologies that we now take for granted, like lasers, MRI machines, and even some types of lightbulbs.
Quantum sensors, meanwhile, are bringing the pricey technology of sophisticated medical scanners to our homes, heralding an unprecedented era of preventative medicine.
But along with the benefits, this new wave of quantum technology brings new challenges. It stands to render the digital security infrastructure that underpins much of the global economy obsolete, posing a worldwide cybersecurity threat.
So how can we ensure the world can reap the rewards of quantum tech while staying ahead of the risks it poses?
To help us navigate these treacherous waters, we speak to Jack Hidary, the CEO of quantum technology company Sandbox AQ and author of one of the leading textbooks on quantum computing. You can read his blog on why the world is heading to a ‘quantum divide’ here.
Watch more from our Experts Explain series here.
The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
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