Meta Platforms Inc. CEO Mark Zuckerberg has expressed his support for a decade-long timeline for widespread quantum computing adoption, aligning with Nvidia Corp.’s cautious outlook on the technology’s practical implementation.
Zuckerberg acknowledged his limited expertise in quantum computing but stated that it remains “quite a ways off” from becoming a truly practical paradigm. This sentiment echoes Nvidia CEO Jensen Huang’s recent comments at CES 2025, where he predicted that practical quantum computers could be 15 to 30 years away.
The news sparked significant market turbulence, leading to sharp declines in quantum computing stocks. IonQ Inc. IONQ fell 39%, Quantum Computing Inc. QUBT dropped 43.34%, and Rigetti Computing Inc. RGTI tumbled 45.41%. However, D-Wave Quantum Inc. QBTS CEO Alan Baratz disputed Huang’s timeline, citing existing commercial applications with companies like Mastercard Inc.
Zuckerberg emphasized the importance of advanced artificial intelligence systems, suggesting they would likely precede quantum computing breakthroughs. He advocated for widespread AI deployment as a security measure, drawing parallels to software vulnerability management. Market analyst Jim Cramer urged investors to exercise caution regarding quantum computing investments, warning about sector overvaluation.
Source: https://www.benzinga.com/markets/equities/25/01/42936751/mark-zuckerberg-backs-nvidia-ceo-jensen-huangs-view-on-quantum-computing-its-still-quite-a-ways-off