Wall Street critics contend that technological advances, including dark pools and high-frequency trading, have made the markets a dangerous place for the average investor.
What's coming next to Wall Street from Silicon Valley is poised to go far beyond turning a half-second trade between Chicago and the New York Stock Exchange into a millisecond's profit. Quantum computing won't stop at just making the masters of the universe faster to find profits. It wants to make Wall Street much smarter with an entirely new approach to computational problem-solving.
The company leading the Silicon Valley race to a quantum future for computing is D-Wave. The basic premise is that classic computational power is reaching its limits, and furthermore, it's also not the best approach when it comes to solving some of the world's most complex riddles.
"Quantum mechanics takes these mysterious principles of physics and allows nature to do computation in a way nature is best at," said Vern Brownell, D-Wave CEO. "You can't predict the weather well with classical computing. Problems with lots of variables and complexity—quantum computing can be a tool to really help out in those areas," Brownell said.