IBM CEO Foresees Quantum Computing Growth by 2029 | PYMNTS.com

“I think that in 2028 or 2029, you’ll see it have a measurable impact on our top line and bottom line,” Arvind Krishna said in an interview with CNBC last week. “By the end of the 2030s, we are now pretty convinced this is a trillion dollars of value.”

His comments came the same day IBM and startup Algorithmiq announced new research showing what the companies dubbed “quantum advantage.”

This research “demonstrates that quantum computers can provide trusted solutions more efficiently, more cheaply, or more accurately than leading classical compute methods — which has long been considered a key milestone in the field,” the companies said.

Krishna told CNBC his company’s quantum computer uncovered behaviors in materials that researchers had not been able to record using conventional computing, and that these findings could someday produce things like better batteries and…