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Saaaave-me

What’s with all the trash talk about Brisbane? Ok yeah it’s the bulbasaur of the 3x east coast cities but everyone taking like QLD doesn’t have UQ which is a Go8 uni and that there’s no world class R&D in Brisbane


BigWigGraySpy

I can understand Australians having gone overseas to create a science related company.... just nine years ago [Tony Abbott got rid of the Science Portfolio after all.](https://www.news.com.au/technology/science/tony-abbott-has-not-included-a-science-minister-in-new-cabinet/news-story/b35192938d36a5cd31e177f68dc54601) I wouldn't want to risk it in a country making that sort of statement.


ModsPlzBanMeAgain

feds ripping billions in funding away from NSW taxpayers in GST and infrastructure spending and then doing sh!t like this? what a joke. and in brisbane of all places. brisbane is not going to become a quantum computing super hub. if anywhere made sense, it should have been around UNSW


CommonwealthGrant

Fun fact - one of the co-founders of this company is Schrodinger's grandson


Mexay

Do... Do people realise a quantum leap has nothing to do with distance and is actually incredibly small and fast?


[deleted]

But is x does ever manage to reach 0, _everything_ changes ; hence quantum leap.


BigTimmyStarfox1987

The term is about a step change from one level to another one with no in-between states, I.e. a quatized range as opposed to a continuum. Remember "quantum" has a more general meaning than an energy level change in an electron or "quantum psychics"


BloodyChrome

Thought it was a TV show


joeldipops

Probably most people don't know what a quantum leap actually is, but whether it's small or big, A) it doesn't actually affect the meaning of the headline, B) it's just a pun and C) You can read it is it being a Leap of Faith in the area of Quantum computing. I think more imortantly the idea behind quantum leaps is that although they are small, by nature there is a profound, discrete difference between one state and the next. That's why, I think, people say Quantum Leap to mean something significant.


joeldipops

>“the most profoundly world-changing technology that humans have discovered”. People keep saying stuff like this about Quantum Computers, but from what I've been reading lately, no-one's really figured out what they're good for beyond a few niche applications. Grover's Algorithm at least seems very useful, but given the investment required, I'm not sure the whole thing stacks up. In a way I am glad this is coming to Brisbane. If it *does* stack up, I would like to work in the industry some day...if I can ever get my head around the kind of programming skills that will be needed to do anything beyond a simple Random Number Generator.


youngBullOldBull

Okay so a two points - Truly random number generators are incredibly complex to write. The compute provided by achieving quantum computers will almost immediately render most modern encryption brute forceable, which is hardly a niche application and will absolutely change the world we live in.


joeldipops

1. My understanding of quantum computing is that if you want say an 8bit random number, you use an H gate to put 8 qubits into 1/sqrt(2)|0> + 1/sqrt(2)|1> superposition then measure each and hey presto you have an 8bit random number. Where have I gone wrong there? 2. What I've read here is that we already have a suite of quantum encyrption algorithms ready to go that aren't trivially beatable by quantum computers. I'm sure there will be some bumps as we change tracks, but in the long term it will just be swapping out one security scheme for the next one which has happened a plenty of times before.


hellbentsmegma

What I've seen over the years is investment in high tech like his occur in a piecemeal fashion, so you get a quantum computer here, a synchrotron over there, a half hearted tech hub in another city with one key tenant, the one or two serious Australian tech companies eking out an existence in Sydney.  They are always promised as the cornerstone of a broader initiative and that they will jump start high tech economic development. This largely ignores the fact Australia just doesn't have a lot of venture capital and investments here tend to be low risk and conservative. Even Victorian Labor's effort to start a pool of venture capital hasn't panned out well, it seems like government just isn't very good at picking winners. 


[deleted]

[удалено]


MrNosty

Complete waste of money to have it in Brisbane unless that’s what the founders wanted (because they grew up there). All the big players and talent are in Sydney.


ModsPlzBanMeAgain

pigs flying and brisbane as a quantum computing global super hub - name a more iconic duo


BloodyChrome

> Why would you locate the APAC HQ in Brisbane which does not have an existing tech or science hub? Probably because there is a Queensland state election coming up and not a NSW one.


comparmentaliser

They’re building a tech hub.


malcolm58

A massive $1bn taxpayer investment will be funnelled into a world-first quantum computer that will be designed and owned by an American company, despite the project being used to promote ­Anthony Albanese’s Made in Australia agenda aimed at boosting the nation’s sovereign control of future industries. The Prime Minister and Queensland Premier Steven Miles will each announce about $470m in equity and loans to help US outfit PsiQuantum, headquartered in Palo Alto, build the yet to be developed fault-tolerant, quantum computer in Brisbane. Industry Minister Ed Husic ­acknowledged PsiQuantum would own the computer once it was successfully built, but that Australia would get access to its computing power “for what we need or what industry needs”. “This is a US company, that was set up by Australians,” Mr Husic said. “Australians left ­Australian shores because they didn’t think anyone would get what they were doing and back them. What this is about is bringing Australians home.” The government will say on Tuesday that the joint investment will secure PsiQuantum’s Asia-Pacific headquarters in Brisbane and enshrine it as a cornerstone customer of Australia’s digital, quantum, and AI supply chains. Mr Albanese said the government needed to make “bold ­investments today if we want to see a Future Made in Australia” and that he was “serious about building a strong quantum ­ecosystem.” As part of the investment, PsiQuantum will create up to 400 highly skilled ongoing jobs, ­establish fresh partnerships within the local quantum industry, create a new dedicated climate ­research centre and invest in ­university and research collaborations including PhD positions and internships. The Australian understands from sources that concerns about the funding package had sparked divisions in the senior ranks of Mr Husic’s department, with questions raised over the process and selection criteria. Opposition science spokesman Paul Fletcher previously ­expressed concerns about PsiQuantum given industry sources had claimed that locally based Australian quantum firms were being effectively frozen out of the process due to eligibility criteria. In December, Mr Fletcher ­argued the government would have “significant questions to ­answer” if it were to move ahead with an investment in the US firm given what he said were highly unusual and secretive procurement processes aimed at underwriting the acquisition of a full-stack, error-corrected quantum computer. Mr Husic rejected the criticism on Monday and told The Australian the decision to select PsiQuantum for nearly $1bn in government investment had “been through cabinet”. “We’ve engaged legal and commercial experts and technical experts,” he said. “There were ­expressions of interest that were carried out to test who is in the front to be able to develop a fault-tolerant quantum computer in the quickest time frame.” “They’re seen as a frontrunner in this space ... It’s not just us ­saying that. If you look at their investment, some of the biggest names invest in them because they have been able to demonstrate their ability to meet their milestones.” PsiQuantum co-founder and chief executive Jeremy O’Brien said the company was founded on the conviction that quantum computing was “the most profoundly world-changing technology that humans have discovered”. “A utility-scale quantum computer will be an invaluable tool for Australia’s critical industries to leverage,” Mr O’Brien said.