Universities and banks are collaborating in anticipation of the quantum computer becoming reality. An estimated 20,000 jobs are opening up after investments of about $10B in investments the US, China, and Japan.
From The Australian: In July, Microsoft and the University of Sydney announced a multi-year partnership to move quantum machines from research into real-world engineering. In April, the Commonwealth Bank revealed it had developed a quantum computer “simulator” to give Australians “a head start on the massive step change in computing power promised by quantum processing”.
Professor Andrea Morella from the University of New South Wales (Sydney) said they launched Silicon Quantum Computing — described as Australia’s first quantum computing company — to scale up its silicon-based research. The move followed an $83 million research deal involving the university, the state and federal governments, Commonwealth Bank and Telstra. “There are more jobs than people, not just in Australia but worldwide,” he said.
Companies usually have to make do with conventional electrical or microwave engineers, training them on the job in quantum science. “Or (companies will) find a quantum physicist and try and teach them microwave engineering and electronic design. There are only a handful of people with the full range of skills, and those people are very valued on the market,” he said.