Quantum Technology: Will It Be the Next Game Changer?

April 20, 2022

QNS director, Andreas Heinrich will be one of the panelists from the event

"Quantum technology has emerged to attract a great deal of attention to recent years as a frequently discussed topic, a.k.a. “the core of the future industry.” According to the Homeland Security Research Corp., a market research firm, it is predicted that the global quantum computing market will exceed USD 10 billion in 2024 ($8.5 billion in products and services, $2.2 billion in R and D)."

"The US, China, and the European Union have all announced their plans to take the lead in the global race for quantum technology. The Korean government has also released a newly revised regulatory framework to develop this technology as one of its key national strategic goals for science and technology. Technology companies have invested in quantum technologies such as computing, sensing, optimization, and communications to make breakthroughs and translate them into real-world applications.

Quantum technology is revolutionary and powerful as it has the potential to produce disruptive changes to a broad range of sectors. If technology is widely applied to industry, economy, society, and even culture, how will it shape our future in a way that is significantly different from the present? What is the perspective on quantum disruptions and the possibility of bringing fundamental changes to mankind, society, and geopolitics?

Hosted by KAIST’s Global Strategy Institute (GSI), the 6th Forum will zoom in on the challenges and emerging opportunities for quantum technology and discuss how it will impact economic growth and social changes with global experts, scholars, and entrepreneurs.

Major themes of the forum include:
(1) Understanding the “game-changing” effects of the current quantum information and communications such as computing, cryptography communication, and sensing by examing their potential in the fields of medical engineering, finance, cybersecurity, blockchain, virtual currency, artificial intelligence, logistics, robotics, production and industrial design, agriculture, and national defense;
(2) Comparing and reviewing policies and implications for quantum information and communications technology around the world;
(3) Showcasing the technological innovations of quantum information and standards;
(4) Supporting quantum revolution startups and promoting the commercialization of quantum technologies; and
(5) Exploring future directions to secure competitive advantages in quantum computing as a national future core area."