IBM CEO Arvind Krishna says quantum computing is closer than many think

IBM CEO Arvind Krishna has pushed back against skeptics on CNBC’s Mad Money, insisting quantum computing is not decades away but poised to deliver real business impact within the next few years. “I think that in 2028 or 2029, you’ll see it have a measurable impact on our top line and bottom line. By the end of the 2030s, we are now pretty convinced this is a trillion dollars of value,” Krishna said. Recently, IBM and startup Algorithmiq unveiled new research demonstrating quantum advantage — showing that a quantum computer could solve certain problems more efficiently than classical machines while verifying results. Krishna noted IBM’s quantum systems uncovered material behaviours previously invisible to conventional computing, with potential applications in better batteries, advanced materials, fusion energy, and smarter medicines.IBM CEO Arvind Krishna address skepticism around quantum computingCritics argue quantum computing faces hurdles like error rates and hardware complexity.