Quantum computing is everywhere right now. But what actually
Speaker:works and what's still just hype.
Speaker:Today we're joined by Abhighyan Mishra to talk about real world quantum
Speaker:advantage finance. And building quantum ready software today.
Speaker:Hello and welcome back to Impact Quantum podcast. We
Speaker:explore the emerging industry of quantum computing,
Speaker:quantum sensing, quantum biology, all that good stuff
Speaker:that's out there. You don't need to be a PhD.
Speaker:You just have to be curious. And with me is the most quantum curious person
Speaker:I know, Candace Gooley. How's it going, Candace? It's great, Frank.
Speaker:Thank you so much. I'm so happy. I know it's silly, but the
Speaker:weather's actually warmed up. So it's like just hovering it
Speaker:freezing. So it's like time to go outside in shorts. I'm very
Speaker:excited. That's like summer. That's almost summer weather in Montreal,
Speaker:I'm. Telling you, downright balmy. Downright balmy for Montreal,
Speaker:Quebec. Candace. We're getting
Speaker:above freezing today for the first time in like three days, which. Oh my God,
Speaker:it's a big deal for us. Yeah. Yeah. Well, hopefully it doesn't refreeze
Speaker:then. And then all turned up. Oh, it totally will. It totally will. So there
Speaker:you go. Okay, so today we're lucky. We
Speaker:have Abby Mishra and he is the Quantum
Speaker:director and co founder of Rune Technology.
Speaker:Hi, Abby, how are you doing today? Yeah. Hey,
Speaker:Candice. Pleasure to be here and looking forward
Speaker:to a good conversation. Awesome. So what can
Speaker:you tell us about Rune Technology? Rune Technology
Speaker:itself without going too much in detail because it's a financial
Speaker:related company. I cannot reveal too much because that's where our bread and butter
Speaker:lies. But what we do differently is
Speaker:we look at the market with a different perspective. We are a quantum enhanced AI
Speaker:based company. Obviously we provide signals and everything.
Speaker:And what we do differently is obviously we look. We
Speaker:enhance the already existing AI models with a representation
Speaker:given by a quantum based approach. So that's to
Speaker:sum it up in a very few lines. That's what root technology does.
Speaker:Oh, very cool. Very cool. You
Speaker:mentioned signals. I assume you're meaning kind of what other people would call
Speaker:market intelligence. Being able to read the market and kind of pick up on things
Speaker:before other people do. Is that roughly kind of what you do?
Speaker:And we lost this camera.
Speaker:I can see that. And I have no idea why that happened. Just give me
Speaker:a second. That's okay. Yeah, I should be back now. Right?
Speaker:Yep. Yes. I was saying. Yeah, you're exactly right and on point with that. You
Speaker:know, Signals is basically Exactly. You know, you can say the information on which other
Speaker:people acts and trade. So yeah, that's exactly, you know, you're, you're
Speaker:on point with that. And like, like, you know, what we do
Speaker:differently is, you know, we don't, you know, just limit ourselves to one particular market.
Speaker:Right. You know, you can have information from different sector, different market and
Speaker:obviously, you know, at that point the problem becomes about
Speaker:scale. And when you think of scale, that's
Speaker:where the AI and the whole compute cost and everything comes into picture.
Speaker:And I'll say that's something interesting as well, how we
Speaker:put quantum in this whole aspect of it. And when we say quantum enhanced,
Speaker:where exactly this quantum come in? To put it very simply,
Speaker:we sort of compress the market data in a way that
Speaker:the AI models can better understand. The AI itself, a different
Speaker:game, that's a different architecture. It's also very sophisticated in itself,
Speaker:but, but obviously the data in itself and the purity of data. That's
Speaker:where I'll say the quantum part comes in.
Speaker:Interesting. So your solution is AI and quantum
Speaker:together, is that what you're saying? It's a
Speaker:quantum enhanced AI? I'll say that's the precise way to put it,
Speaker:yeah. So how, how would
Speaker:you explain to a non technical person what it is that you're
Speaker:doing? See, to a non
Speaker:technical person in general, what do you do? You mean in reference to Rune
Speaker:technology or in general, what do I do? In general,
Speaker:what are you doing? What is Rune trying to do? What
Speaker:problem do you want to solve? In general, I'll
Speaker:say that my expertise particularly lies in
Speaker:bringing technology like quantum computing, which probably and
Speaker:everyone thinks is a very niche tech, into something so basic
Speaker:and so rudimentary at the same time, so complicated like financial
Speaker:market. And what I do is I try to figure out
Speaker:where in the pipeline, the classical pipeline, where the bottleneck lies, the
Speaker:right point, the right spot to even think about, you know, anything quantum
Speaker:related. So that's where my expertise lies. That's what I do. And in
Speaker:reference to quant in this root technology, as I suggested, you know, as
Speaker:obviously I cannot deep dive into it. But as I suggested, the, the
Speaker:complex, the, the, you can say the alpha or the, the elegance
Speaker:really lies in the fact that you, in a different way, which
Speaker:allows us to kind of collaborate or compress
Speaker:more data so that the AI architecture
Speaker:can better understand it and give the results, whatever
Speaker:these signals, whatever we generate.
Speaker:Interesting.
Speaker:How widespread is quantum and finance
Speaker:now? Is it still kind of. It's definitely still cutting edge. But I
Speaker:mean, is it kind of fringe, Is it, is it, is it
Speaker:kind of almost mainstream? Is it? You
Speaker:know, we all know the big stories, hsbc, JP
Speaker:Morgan. But like, I know banking has a
Speaker:rigid hierarchy of like, you know, who's the top dog and things like that.
Speaker:But all, you know, like, obviously if the top dogs are looking at it, right,
Speaker:there's gonna. I don't want to name people, I don't want to name banks because
Speaker:they're going to get upset that you didn't rank them among the top dogs. But
Speaker:obviously the top global banks, they're looking at it
Speaker:very clearly. They're seeing some initial success. But what about kind of like the.
Speaker:Somewhere bigger than regional? Like,
Speaker:what's their take on this? I think that's a very interesting
Speaker:question. And I'll say, I mean, I'll take an
Speaker:example of AI in this particular case because
Speaker:AI has always been a thing of interest in the financial market in financial sector
Speaker:as well. But, you know, the issue with,
Speaker:you know, this particular industry in general
Speaker:is, right, they jump into this before they
Speaker:truly understand the, you know, the scale and the
Speaker:understanding of what the sector really brings in. And
Speaker:I mean, I can say the same for AI, right? You know, you can probably
Speaker:find AI research team in every other hedge fund and, or every
Speaker:other financial. Not even talking about banks in general, in every
Speaker:other major financial firm. But how
Speaker:well are they implementing into the practical pipeline is something
Speaker:kind of, you know, iffy, if you'll say. And there's a very strong reason about
Speaker:it. And I'll say, like I said, because before this, before
Speaker:diving into the financial sector, I do have some around four or five years
Speaker:of experience in automotive, automotive sector,
Speaker:aerospace sector. And I'll say there's some similarity which lies
Speaker:from that sector to this sector, which is exactly the,
Speaker:the resilience to a change. Right. And, and the
Speaker:how. And how hard is it to penetrate these kind of, you know, these kind
Speaker:of sectors. So, you know, as you said, there's a hierarchy involved
Speaker:in this. And the people, they are pretty, I would
Speaker:say, comfortable with the legacy methodologies, you know, which have already worked.
Speaker:And, you know, they're comfortable because they understand that.
Speaker:Right. So, yes, you know, technologies like
Speaker:quantum computing, artificial intelligence are making their impact in the
Speaker:financial sector. But I'll say there's, there's still, I
Speaker:think now it's, it's more prominent. But this, the wave of actual
Speaker:acceptance and adoption of the technology has, I'll say, have started in a
Speaker:very, very recent, I'll say, past. So the same goes
Speaker:for quantum computing. To, to, to answer your question in, in short. Right. That
Speaker:you know, yes. You know, major firms do have quantum computing as one of
Speaker:the. Or of their team, but it's most mostly R
Speaker:D. Right. And when it comes to practical application, yes, there are,
Speaker:there are a lot of limitations of how you implement that tech. But I feel
Speaker:like the approach there is kind of diluted and I
Speaker:cannot blame the R D team for that. It's, it's about, you know, how much
Speaker:acceptance you get from the, the higher ups as well,
Speaker:you know, before you actually try to implement anything to the
Speaker:practical world. Yep. So
Speaker:given the highly regulated nature of banks around the world,
Speaker:and I know this has been a factor with AI, Right. Like you have to
Speaker:have some kind of explainability.
Speaker:What's the current state of regulation around quantum in finance? Right.
Speaker:Is it still too new? Because I live in the
Speaker:D.C. area. Right. And there was a joke that technology is not real and
Speaker:actionable until the government decides to start regulating it.
Speaker:So where do we stand? Where does
Speaker:the. Particularly in finance? I think finance is usually one of the first regulated
Speaker:fields. So is it pretty much no regulations yet
Speaker:somewhere in the middle?
Speaker:I'll say yes. And this is pretty much very new.
Speaker:And as I said that the adoption is still very low
Speaker:and you don't see that many
Speaker:legal aspects and ethics come into the picture until that
Speaker:option becomes to a point where, I think
Speaker:to a point where we are not talking about it as a niche
Speaker:technology, but we are talking about as a necessity.
Speaker:If you think always. I always go back to AI when you talk about quantum
Speaker:because I feel AI was exactly where quantum is right now
Speaker:around a decade ago. And if you look at it right now, and if you
Speaker:think what's the major reason why ethics became a subject when you
Speaker:study AI is obviously because of the adoption of AI in
Speaker:mainstream technology. When you start to think about
Speaker:it, if every other man has access to such cutting edge AI
Speaker:technologies, then you also have to consider ethics.
Speaker:So I will say that right now, as long as the adoption rate does not
Speaker:cross a certain threshold, ethics wouldn't be a thing. And
Speaker:as you said, the jokes, I mean jokes and your stereotypes are more
Speaker:or less based on real facts. So as long as you know the adoption doesn't
Speaker:reach a particular threshold. Yeah, you're not going to see any kind of ethics involved
Speaker:with quantum compute. There are ethics on cryptography. Yes. But
Speaker:that's. That I feel is kind of like on a different
Speaker:paradigm and not on quantum computing. And you know, the
Speaker:computation based problems well, that's fair.
Speaker:Sorry Candace, I don't want to monopolize the mic. So many financial
Speaker:problems are already well served by classical hpc.
Speaker:What specific characteristics make a finance
Speaker:problem genuinely quantum advantaged?
Speaker:Well, that's a very interesting question and I think that's
Speaker:where most of the research lies. And as a spare said,
Speaker:especially in my case, you know, that's where some, that's something where,
Speaker:you know, I feel like I spend the most time on, well, to be frank,
Speaker:you know, you know, for strictly honest. And there's this financial
Speaker:sector is the newest sector which have dived into. So I have less than a
Speaker:year experience in this. As I said before this I was in automotive at aerospace
Speaker:industry. So. But although I will
Speaker:answer your question in reference to that because I feel they share a lot of
Speaker:correlations. It's, it's a different, I mean it's the same
Speaker:thing. Package is a different stuff. And what I mean by that is,
Speaker:see, both of these problems basically suck from high volume of data
Speaker:and high velocity of data in overall, you know, you have a
Speaker:huge data coming in group every second. So the
Speaker:problems are, I'll say, I'll say not same but same thing
Speaker:but in a different paradigm. So to answer your question, yes,
Speaker:there are algorithms out there, you know, HPC algorithms,
Speaker:approximation algorithms. So I do have a PhD in computer science, so I understand
Speaker:that there are, you know, these algorithms. But the thing is that
Speaker:these algorithms at, at the very core, at some point of time have to
Speaker:take an approximation if it crosses a certain threshold,
Speaker:right? Like for example, if you think about it, the very simple case I can
Speaker:tell you is that, you know, if I say, if I, if I ask you
Speaker:to map the dynamics of a multi particle system,
Speaker:if you have multiple particles in the system, even in physics, which is
Speaker:like the purest form of one of the purest form of science, you have to
Speaker:take an approximation if you want to solve the problem of
Speaker:a particle in a box problem. And when you do so you
Speaker:lose information. I think that's where the quantum
Speaker:really helps in. So obviously I never say, and I'll repeat
Speaker:it again, quantum is not one solution to all problems. It is
Speaker:the job of people like me and other experts like
Speaker:me to identify in a pipeline where exactly
Speaker:does the quantum really and help to unclog,
Speaker:let's say a bottleneck which was really overall reducing the
Speaker:performance. But to say that quantum is going to rebuild the whole thing,
Speaker:that's insane. Quantum is not that kind of computing. It's just
Speaker:another way of looking At a problem. But yes, you have to identify a problem
Speaker:where you think there does lie and expertise like
Speaker:one of the most common one in financial market is portfolio optimization.
Speaker:And there's a very good reason why that is so relevant. Because if you think
Speaker:about it, what is portfolio optimization but not a multi particle
Speaker:system? You know, you have one asset, two assets, 10 different assets.
Speaker:You need to find a perfect, you know, path from point, you know, perfect
Speaker:path or I would say a perfect graph out of this whole network
Speaker:which can give you the maximum profits. There are SPC
Speaker:algorithms for it. Yes, true, but if you represent this
Speaker:problem as a, as a quantum computing problem, you get better results,
Speaker:is as simple as that, you get better scalability. So it's as simple
Speaker:as that. There's, I mean, I don't want to complicate it any further. It's as
Speaker:simple as looking at a problem, identifying where, you know, this
Speaker:bottleneck lies and if quantum can solve it. Because not
Speaker:every bottleneck is going to be solved by quantum computing. There is only specific
Speaker:problems. But those problems might lie in one of the, you know, can
Speaker:say the core pipeline of the whole thing, of the whole industry.
Speaker:That's it. That's a fair way to put it. That's a
Speaker:fair way to put it. Right. Like it's. Quantum is not going to solve. I
Speaker:think that's one of the biggest misconceptions. It's going to solve everything. Well, not everything.
Speaker:Right. Again, who knows what the future will bring like 50 years out? Because
Speaker:I doubt that the people working on transistors and Bell labs in the 40s and
Speaker:50s were thinking about TikTok, right?
Speaker:Who's to say? But I think in the near term, probably a decade or
Speaker:so, I think it's safe to say, like it is a very finite problem set
Speaker:that quantum can, can, can work on. Yes,
Speaker:that having been said, you know, beyond that, who knows? Sorry.
Speaker:No, no, no. How do you think we can make advanced topics
Speaker:like quantum computing more accessible to broader
Speaker:audiences without diluting the complexity?
Speaker:Again, that's a good question. And
Speaker:personally I have tried to do that actually. You know, it's funny because, you
Speaker:know, I started my quantum journey, the first venture, you know, which
Speaker:I went ahead with, was my own venture and it exactly targeted this.
Speaker:And because I myself do
Speaker:not come from a quantum physics background, I come from a pure computer science, theoretical
Speaker:computer science kind of a background with a master's and PhD in the same. So
Speaker:I felt the same, that you know, it could be very
Speaker:daunting, you know, the maths itself, you know,
Speaker:and it, and obviously, you know, when you study about algorithms in
Speaker:a pure quantum algorithms, it does get very daunting. The maths, they do
Speaker:say it's just linear algebra. They never tell you how
Speaker:complicated it gets so soon, you know, you didn't even get time
Speaker:to, you know, grab your mind around it. But
Speaker:at the same time I also felt that, you know, it's an intuition
Speaker:which, you know, we get out of these things because.
Speaker:Yes, okay, yeah, yes. You know, you, you
Speaker:need to understand quantum physics to get a complete understanding of quantum computing.
Speaker:But at the same time, do you really need to understand
Speaker:everything from top to bottom to know if it even makes sense
Speaker:in your business? Obviously, you know, you would need
Speaker:a guy like with a PhD in quantum physics to make the hardware
Speaker:for it. There are going to be guys like that. You obviously need Someone with
Speaker:a PhD in quantum and quantum physics to, you
Speaker:know, really, you know, write the math for the algorithms. Yes, but you
Speaker:also need someone who can understand the intuition because like see,
Speaker:for in my case I cannot understand financial market from A
Speaker:to Z. That's true, but I need to know it enough.
Speaker:But I need to know my stuff enough to form a bridge between the two.
Speaker:So to answer the question, how do you make so complicated topics? Simple, you explain
Speaker:the intuition, you make them understand
Speaker:what really is happening from an intuitive point of view at least,
Speaker:I mean, that's how I feel. At least, you know, anyone from, you know, who
Speaker:is looking to get into this sector should have an understanding profit of an
Speaker:intuition. If they like it and if they want to dwell into it,
Speaker:obviously deep dive into the maths, get a better understanding. The more
Speaker:you go in, the better you feel, the better you get a grasp of things.
Speaker:But start with intuition, that's how you slowly get your way
Speaker:to the end.
Speaker:Okay, very cool. Where do you see the most
Speaker:promising near term real world impact
Speaker:of quantum technologies across industries like finance and
Speaker:optimization or cryptography?
Speaker:Obviously cryptography and optimization is always
Speaker:the lowest hanging fruits because these are two sectors where
Speaker:you can actually use the scale because that's where the
Speaker:scale of the problem for optimization, the scale of the problem becomes a
Speaker:complexity. And for cryptography it's a completely different regime. There
Speaker:the encryption and decryption, all those cryptographic algorithms, they come to the
Speaker:picture. But these two fundamentally, if you think about it, are very
Speaker:mathematical problems. Right? And within those maths
Speaker:lies. I can, I can argue not, I mean, you can't
Speaker:quote me on that, but you can, I can argue, it's just Linear algebra at
Speaker:its very core, both of these problems. So there
Speaker:are, I'll say very low hanging fruits in both of these
Speaker:sectors. And whenever a real quantum, I'll say not real, but
Speaker:a fault tolerant, full fledged quantum system with enough qubits to
Speaker:solve these problems. I think these will be the first two sectors which will be
Speaker:obviously influenced and targeted from about the financial point of view. And
Speaker:I'll say in general point of view as well. And
Speaker:after these two, if I want to say,
Speaker:well yeah, no, I think, I mean I, I'll say within optimization there's
Speaker:a lot of things which could be done because within optimization I'll say the machine
Speaker:learning also comes into the picture. Quantum machine learning, qml.
Speaker:Now that also I think will fall under optimization. So yeah, I think these two
Speaker:sectors particularly.
Speaker:Very cool.
Speaker:What advice would you give someone trying to break into
Speaker:quantum engineering as a career today?
Speaker:I'll say again, same thing which I said before that, you know, start
Speaker:with building an intuition as a book. I really liked,
Speaker:you know, quantum Computing for computer scientists. I mean I have
Speaker:bias because I am a computer scientist, so I have a bias towards that. But
Speaker:I'll say now there are a lot of lectures out there, so
Speaker:go through those lectures and yeah, one important thing is I'll
Speaker:strongly suggest to, you know, participate in hackathons, these
Speaker:quantum hackathons. And I do so because
Speaker:that's how you get to understand, you know, how are people thinking
Speaker:about a problem and how are they mapping the problem to an algorithm?
Speaker:Because you know, you can study all the algorithms you want, you can study Shor's
Speaker:algorithm, you can study Simon's algorithm, you know, digestors
Speaker:algorithm, but where do they map into a real world
Speaker:problem? Obviously you know, they are, they're simple obvious
Speaker:answers. But when you meet people in hack, because that's how I started my
Speaker:journey and that's, you know, one of my personal advice to anyone who's starting the
Speaker:journey is you start to see the insight at the thought process
Speaker:which people have when they think of a problem and how they map it to
Speaker:a solution. Solution being the, the limited set of algorithms which we
Speaker:have or whether it makes sense to, you know, go towards this or not.
Speaker:I think once you start to build that intuition of how to map any
Speaker:classical problem into a plausible quantum problem,
Speaker:that's where I think, you know, the real, you know, the real edge lies.
Speaker:I'll say it's the hardest thing also. But that's something, you know, you should start
Speaker:building from day one because the maths and the
Speaker:Quantum physics part. It will take time. You know, it will take time.
Speaker:You'll have to go through a lot of lecture. You'll have to watch the famous
Speaker:lectures from Mr. Payment and you know, you have
Speaker:a lot of go through a lot of lectures to get to that, get that
Speaker:point of time. But at the same time, I think, you know, this is important
Speaker:to, you know, kind of build an intuition in your journey.
Speaker:Yeah. What first drew you into
Speaker:quantum computing and how, how did your early
Speaker:experiences shape your approach to both research and
Speaker:advocacy?
Speaker:I don't have, I'll say very, I have a very anticlimactic answer to that.
Speaker:Before quantum computing, I was actually working on blockchain and before that
Speaker:I was working on iot. Okay. So.
Speaker:And you know, I started with quantum back when, you know, the COVID started.
Speaker:I mean, blockchain back then was starting to, you know, get some
Speaker:hype. But I wanted to, I was looking for something new and
Speaker:I, I saw this video on YouTube. It's, it's, it was
Speaker:from Microsoft. It's a world video. I think right now it would be around six
Speaker:or seven years old. So it wasn't from background. It was a like
Speaker:introduction to quantum computing from a computer scientist perspective or something.
Speaker:I watched the video, I liked it. And around same
Speaker:time, IBM was conducting, I think it's second quantum hackathon or something.
Speaker:So I got to know about it. I participated, obviously.
Speaker:And yeah, and rest is history. And
Speaker:what happened was that to be very on. What happened was that this happened around
Speaker:the time when I was about done with my bachelor's. So I was already looking
Speaker:for, you know, something solid, like, okay, now I have to make a career.
Speaker:It's, it's fine. You know, I've been doing all this cool stuff like IoT
Speaker:and blockchain. Now I have to pick something, you know, I have to make a
Speaker:career out of something. I would say it was pure luck that, you know,
Speaker:I just stumbled upon quantum computing and just picked it up. And
Speaker:to answer your question about how the initial journey was,
Speaker:I'll say from, at least from India,
Speaker:we didn't have many people like, other than me. They were like
Speaker:three, four more people, you know, who were really interested
Speaker:and was a part of this hackathon and everything. So, yeah, there was a lack
Speaker:of community initially, I agree. But at the same time,
Speaker:how things have went, you know, from that to, you know, where things are right
Speaker:now, I feel any kind of difficulty which I had
Speaker:with, you know, finding resources online because all of the books were
Speaker:mostly quantum Mechanics book. It was for quantum physics people, not for
Speaker:someone from, like, there were one or two books, you know, which as a computer
Speaker:scientist could study and, you know, grasp some intuition. But mostly it was for physics
Speaker:people. But now I think, you know, you can just go on
Speaker:YouTube and just type quantum computing and just type the
Speaker:word intuition or lectures, and you'll get
Speaker:thousands of results. So, yeah, things are much better now. And
Speaker:I like the fact that it's that. It's that because now in India
Speaker:also, you know, we have a lot of. A huge community of, you know, enthusiasts
Speaker:from content. Like, I have every day I get at least one or two messages
Speaker:on LinkedIn asking that, you know, we want to get into the sector, how do
Speaker:we do this and that? So, yeah, from then to now,
Speaker:obviously, you know, things have escalated a lot. It has really gained
Speaker:a lot of hype. And that's why I always say that, you know,
Speaker:quantum right now is what AI was around 10 years ago. People
Speaker:were interested, they wanted to get in. They didn't know exactly what
Speaker:was happening. But, yeah, it still hadn't got that, you know, that
Speaker:adoption thing. But it was getting some hype because hardware was coming in.
Speaker:Right. So, yeah, I think we are at the same thing with the quantum plate
Speaker:now. I think that's fair. I think that's
Speaker:a fair way to put it. Interesting.
Speaker:Where do you think we're going to go? Like, what do you think 2026 is
Speaker:going to have in store for Quantum? I know that's a really tough thing, but
Speaker:I think if I had to sum up 2025, Candice
Speaker:can confirm or deny was kind of, wow, this
Speaker:is, this is going to be a thing. This is going to be an industry.
Speaker:Where do you think we go from here? Like, what, what, what?
Speaker:You know, imagine a year from now, we're talking and we're like, well, how could
Speaker:you put 2026 in a word in. In a sentence? Is it going to
Speaker:be. Is it going to be kind of like,
Speaker:wow, that was a year, or is this going to be like, oh, man, that
Speaker:was a year. How do you think
Speaker:it'll go? I know it's hard to predict the future. That's, that's, that's. I think
Speaker:that would be the hardest question you can probably ask me
Speaker:to answer that. I feel, I
Speaker:personally feel it's. It's just gonna be a year, I
Speaker:think. Yes, okay. Yeah, it's just gonna be here. I don't think something very major
Speaker:happening right now. And I'll tell you why, because
Speaker:2025 was a banger and banger in a sense that, you
Speaker:know, a lot of big names, big companies kind of
Speaker:revealed a, you know, a good sense of their timeline, I'll say.
Speaker:So if you're talking from a hardware, hardware development,
Speaker:that's what your feed would be. Just like saying that, you know, Nvidia
Speaker:tomorrow comes up with a new architecture, it's like saying that. So I don't think
Speaker:that's going to be something which really happens on the other hand on the software
Speaker:side of things. Well, I think it would be, it's
Speaker:going to be very, very interesting. And I say that
Speaker:because, I mean if, if we had like 100 startups
Speaker:in, in last year, we're gonna have 100 more and I'll say 200 more this
Speaker:year. Quantum is getting edge. So software side is
Speaker:always what every year of our quantum software is going to be something new, something
Speaker:interesting because the last thing to close it
Speaker:out. The more people you have interested
Speaker:in something, the more possibilities you have. And I think
Speaker:that's going to really pay off now.
Speaker:Interesting.
Speaker:You've participated in beginner focused discussions
Speaker:and podcasts about quantum roadmaps.
Speaker:What's one piece of advice that you consistently give to beginners?
Speaker:I think again for beginners it's always to build an intuition first
Speaker:because. And not to be scared from the maths. Right.
Speaker:And you know, if you can kind of focus and
Speaker:map whatever you learn, you know, in your journey
Speaker:to real world applications is that you're on the right path
Speaker:even if you don't understand the maths, you know, don't be scared.
Speaker:It's, it's something you know, which takes time, you know, the math takes
Speaker:time to understand. It's, you know, as they say, if you understand
Speaker:quantum mechanics, you don't understand it. That's how they put it.
Speaker:So you don't need to understand it from day one, but you do need to
Speaker:understand what it means and how you do. You apply
Speaker:it to any problem. So yeah, just focus on that as a beginner.
Speaker:That's all you can do. And to expect something more out of you is,
Speaker:you know, it's kind of putting yourself under the kind of pressure which
Speaker:you can't get enough. Cool.
Speaker:How should policymakers and educators collaborate
Speaker:to build a quantum ready workforce and lessen
Speaker:the gap between hype and expertise?
Speaker:I think that's, that's one of the, I think
Speaker:one of the most future looking question. I'll say yes, I think this should
Speaker:be the case. It obviously makes sense to
Speaker:integrate such a Promising technology like
Speaker:quantum computing into the coursework. And
Speaker:I don't mean it in a way that they should understand everything about it,
Speaker:but I mean the other day one
Speaker:of my cousins, she's in 10 standard right now and she's
Speaker:studying about AI and ethics in AI, by the way,
Speaker:which baffled me because I was like
Speaker:back then AI was something I wasn't even aware about. AI was
Speaker:supposed to be a subject which we studied when you reached in your bachelor's final
Speaker:year and in your masters, we had no idea what AI was.
Speaker:And even then AI was just about deep neural networks,
Speaker:RNNs and all of these things, just the mathematical stuff and these
Speaker:things. So similarly, I feel like quantum technology
Speaker:can be part of one of those kind of one of those things, one of
Speaker:those curriculum where they understand what this technology
Speaker:is about. At least they could, they can know what a qubit and what a
Speaker:bit is like they can understand what
Speaker:kind of advantage these technology is mean thought to
Speaker:have, right? So just a bit like, you know, they can, they can have
Speaker:a basic understanding of what cryptography means, what, what quantum sensing means,
Speaker:what quantum computing means. At least they should know and be able to differentiate
Speaker:between three. And so that I think is, I
Speaker:think it's pretty rudimentary, but at the same time it gives them an
Speaker:understanding because later, later in life, right, let's say
Speaker:they do build an interest in this and they go on to
Speaker:pursue a full time career in quantum computing. Good for them.
Speaker:But even if they don't, let's say they do become some big
Speaker:executive, right? Or they join the, you know, the mid level
Speaker:executive. They should understand quantum computing enough to be able
Speaker:to know whether it's a good fit for the problem which we are having
Speaker:or not. Because that I think is the biggest gap in the market
Speaker:right now. The mid level executive, because I know
Speaker:quantum is a buzzword, you know, and you know, you can
Speaker:kind of pitch any problem and say, you know, we'll just improve it using
Speaker:quantum. But yeah, I think we need more people at executive
Speaker:level who doesn't need to do the whole technology but just have enough
Speaker:understanding to know, okay, this is bullshit. So yeah, I think that's,
Speaker:that's why I feel, I mean it's a fair. Way to put it. That's a
Speaker:fair way to put it, right? We, and that's kind of the basic premise of
Speaker:the show since we rebooted it last season, was
Speaker:it was based on something somebody had told us that there's enough PhDs in this
Speaker:field already. We don't need more. It's basically kind of what
Speaker:he said. And I'm not discouraging anyone who has a PhD or
Speaker:wants to pursue PhD in this because, you know, go for it. Because, you
Speaker:know, you all are going to be the core of the
Speaker:engine. But even if you think of, you know, extending the engine metaphor even further,
Speaker:right. To build a car, you need not just the engine, the transmission, you need
Speaker:the wheels, you need the windshield, you need, you know, the car seats,
Speaker:the airbags, the.
Speaker:It's very cold here as we were talking about, like, you need the seat heaters.
Speaker:Right. As well as a new feature, I discovered a
Speaker:heated steering wheel, which is completely new to me.
Speaker:You know, it sounds like a complete waste of time until it gets really
Speaker:cold. Yeah, you live in Montreal, and it's a must have. It's
Speaker:a must have. I'm telling you, after you scrape that ice off your
Speaker:windshield, your hands are cold, so. Or you have to
Speaker:shovel or whatever, and you're like, ah. You get in the car, you're like, oh,
Speaker:yeah, sorry, that's a bit of a sidetrack. So what's,
Speaker:what's a quantum concept that you initially misunderstood yourself?
Speaker:And how did that aha moment change how you explain
Speaker:it to others? Now.
Speaker:That'S, that's a question I'll, I'll take a minute to think about.
Speaker:That's because the reason
Speaker:I do so is because I have misunderstood a lot of concepts.
Speaker:And that's, I mean it when I say that, you know, as I went ahead,
Speaker:I, you know, understood more and more. I'd say
Speaker:entropy is one of the
Speaker:things which I was really wrong, you know, I
Speaker:really, you know, was pretty wrong about it. I used to think
Speaker:it's always a bad, you know, it's always a bad thing to have high
Speaker:entropy. But, you know, when, when
Speaker:you, when you start to work on it, you know, especially with the, the finance
Speaker:sector, you start to notice that, you know, entropy in itself is a
Speaker:representation of a lot of things. And it is
Speaker:something, you know, which is bound to always, you know,
Speaker:the thermodynamics will always bound to just increase. But if you
Speaker:can map how, at the rate of change of it, change and, you know,
Speaker:and you can map it to certain physical properties and everything,
Speaker:it reveals a lot about a system, whether it's the financial sector, whether
Speaker:it's a particle system, whatever. So entropy, I will say,
Speaker:what's the aha moment? Actually, but I'll say
Speaker:the most impactful one in itself is
Speaker:how entanglement and correlation could be, you know,
Speaker:interrelated. And entanglement gives you a superior.
Speaker:More information than, you know, your usual correlation matrices. I think these
Speaker:two were always something, you know, which I. I
Speaker:mean, that's what I can think of at least. But, yeah, right now that's all
Speaker:I have. Okay. As someone who's
Speaker:active in advocacy. How do you avoid
Speaker:oversimplifying quantum ideas. While still keeping
Speaker:newcomers engaged?
Speaker:I'll say by asking them, you
Speaker:know, to stay in touch. And I say that in a
Speaker:way that. And because I don't want to scare them away.
Speaker:You know, if someone is interested in this sector, even I will
Speaker:end up maybe sometimes oversimplifying it. And when I say oversimplifying,
Speaker:maybe I also will, you know, say that certain
Speaker:concepts in a way that on the theoretical level is not
Speaker:the best way to explain it. But might be the best way to explain to
Speaker:the other person. So I always say that, you know, to stay in
Speaker:touch. And I always, you know, try to at least, you know.
Speaker:Or, you know, try to, you know, just touch. Touch base with them whenever I
Speaker:get time, obviously. But I try to do so. And by doing so. And the.
Speaker:And the. And what I do is. And. Okay. Another thing which I do is
Speaker:after, you know, I meet anyone who asks. Who probably, you know, ask me for
Speaker:my opinion and to, you know, ask experience something. I always share a
Speaker:video or a lecture, a theoretical one, obviously,
Speaker:always. So that, you know, after I'm done.
Speaker:So that if he has some understanding, he should go back to the lecture. And
Speaker:I have noticed mostly, you know, they come back and they have some more
Speaker:actually legit questions. And. Yeah. And by the time,
Speaker:you know, they have reached that state of mind where, you know, they can ask
Speaker:legit questions, it's already done. You know, they
Speaker:already, you know, are on the right way. That's usually how I
Speaker:handle it. But, yes, I'll say this is
Speaker:also not with me, but with everyone who tries to,
Speaker:you know, advocate quantum computing or, you know, tries to
Speaker:work, let's say, talk about intuition. You'd end up
Speaker:oversimplifying things sometimes. Like, you know, you end up
Speaker:explaining superposition with a flip of coin. I mean, it's.
Speaker:It's. It's just a. It's just a very crude representation of what it really
Speaker:is. But at the same time, it helps you draw, you know, have
Speaker:a picture in your mind. Because I have to say, because I cannot explain
Speaker:quantum mechanics to you. And I can expect you to have any picture in your
Speaker:mind. Because I cannot have an picture in my mind when I talk about it.
Speaker:So, yeah, yes, we do oversimplify things, but in my case, I usually
Speaker:follow it up with theoretical lecture or something.
Speaker:So that helps. At least for now. That has helped.
Speaker:Well, quantum. Quantum mechanics is a hard thing to get your head around, right?
Speaker:I mean, Richard Feynman had the
Speaker:famous saying about, you think you understand that you
Speaker:don't understand it, right? Like, and it, it's just so counter to the
Speaker:world we live in, the world we experience kind of some of these quantum
Speaker:phenomena that
Speaker:if you're confused by it, one, you're paying attention
Speaker:and two, you're in good company. Like, if Richard Feynman was a
Speaker:smart guy, right? And you know, Einstein
Speaker:himself kind of was very skeptical of it because he said it sounded, you know,
Speaker:the spooky action at distance was his term.
Speaker:You know, it was a derisive term. Like, it wasn't like, he was. Yeah, he
Speaker:was. He. He called. He stopped short of calling it bs,
Speaker:right? Like, so.
Speaker:So, yeah, I mean, if it is hard to get your head around, and I
Speaker:think that that's solid advice, right? Like, you know, don't feel bad if you don't
Speaker:understand it because it's. Some of this is really hard to understand.
Speaker:And exactly how you put it, man, I mean,
Speaker:it's the fact that you don't understand this is the fact that
Speaker:you're putting really your time into it,
Speaker:and that will always be the case. And
Speaker:you can say that Einstein's. That whole thing led to the EPR paradox
Speaker:and that led to proving itself how quantum mechanics really
Speaker:act. So I think it's always the curious people, even though you are
Speaker:in favor or against quantum mechanics and is, you know, what really
Speaker:helps? Right, Right. That's the case.
Speaker:What do you think the, the quantum industry still gets wrong
Speaker:about timelines and how should practitioners
Speaker:communicate uncertainty more honestly?
Speaker:I'll say. I'll say that, you know, one of the,
Speaker:one of the things which I think would really use some
Speaker:better point of view is that, you know, you don't
Speaker:have to wait for the right hardware to start working on the
Speaker:technologies. I personally advocate for this thing called
Speaker:quantum being quantum ready. And you're writing quantum ready software.
Speaker:And I'll say just to explain, you know, what quantum
Speaker:ready means is it's more of a quantum inspired algorithms, but
Speaker:it's capable of being ran on a real quantum system once
Speaker:it reaches a particular point of maturity.
Speaker:So it's like saying that, yes, you know, I mean, I have the code, which
Speaker:works right now. I use HPC systems to simulate and get
Speaker:results and still get minor benefits in the future. When we
Speaker:have the right QPUs and quantum processing units,
Speaker:we can just switch over and work on that. So I think that's one of
Speaker:the sectors which I feel should be focused more, at least from a
Speaker:software point of view. Because, yes, I obviously, I cannot, I cannot deny the
Speaker:fact that hardware is the backbone of the sector, like any
Speaker:other set, like artificial intelligence, AI. Right. If you don't have
Speaker:the right GPUs and the GPU architectures, you can't even
Speaker:probably imagine running half the things
Speaker:which we come up with. But at the same time, you still have to come
Speaker:with things. You have to find better ways to do it on
Speaker:the current system. Meanwhile, the architecture is being
Speaker:built for the future system. So I think that's one of the things which I
Speaker:think is probably lacking in the timelines. They talk about the hardware and then
Speaker:they talk about the software. They always say that this is how software will look
Speaker:like, but the hardware reaches this point. But what about in between? I think
Speaker:that that would probably have some work.
Speaker:Interesting. So what's, I'm sorry, go ahead, Frank.
Speaker:No, no, this is interesting. I was going to say. So what
Speaker:skills outside of physics and math do you think
Speaker:are the most undervalued for quantum engineers today?
Speaker:I, I'll say, I'll, I'll argue and say, you know, computer science
Speaker:as a, as a, as a skill really helps
Speaker:in quantum computing. And, and why
Speaker:is that? Is, you know, I think quantum
Speaker:computer science really helps you build a problem solving
Speaker:capability. So what I mean to say when I say computer science, I mean to
Speaker:say a problem solving skills is something which is really undermined, you know,
Speaker:because people usually talk about, yeah, you need to know maths, you need to know
Speaker:your quantum stuff. But what about problem solving? Yeah, I have this
Speaker:information. Let's say, you know, I am expert, I have a PhD. I mean, as
Speaker:I said, we do need, we do need PhD. Yes, but I feel more than
Speaker:that, we need PhDs who knows how to apply their
Speaker:thesis in real world applications. Yeah, I mean, yes, obviously you could
Speaker:have the best thesis, you could have the best results, but
Speaker:if you can map it to a real world problem or a problem of
Speaker:a sector which initially when you thought about it, it wasn't for that
Speaker:sector, but later you figured it out that, okay, this also could be an
Speaker:application of my work here, could also be applied here. So
Speaker:I think problem solving and mapping problem to a solution,
Speaker:a very undervalued skill, very important. Skill for a niche
Speaker:technologies where I'll say, people talk about it, people say
Speaker:that it's a very difficult industry. I say that there's a lot of
Speaker:potential here. You really have the canvas, you know, you have the
Speaker:algorithms. You have all the world problems of the world.
Speaker:If you can map it, you can get the money. I
Speaker:don't. I think that's also one of, one of the ways to look at this,
Speaker:you know, whole thing as well. So if you
Speaker:were going to build your own quantum team from
Speaker:scratch, what mix of backgrounds
Speaker:would you prioritize and why?
Speaker:I'll say I'll always get a software development
Speaker:guy, obviously, because, you know, you need someone to write the good code,
Speaker:you know, good quality code. And I'll get someone
Speaker:who has a very good understanding of the maths and, you know,
Speaker:these, this quantum stuff and obviously. And
Speaker:I'll get someone like me who can bridge the two. So,
Speaker:I mean, and that's the kind of the, that's kind of my philosophy when back
Speaker:when, you know, in one of my previous corporation where I was
Speaker:leading the quantum team, that was my philosophy. You
Speaker:know, I always had one Ph.D. or one, usually
Speaker:a bachelor's or a master's guy and a guy, you know, who
Speaker:was just an enthusiast. He was like a jack of. Jack of
Speaker:both. He was not best at both. I'll say I'm never good at. I
Speaker:never say that I'm very good at quantum physics or I'm very good at, you
Speaker:know, coding. I'm somewhere in between. I can do both. And
Speaker:that's what, you know, if I had my ideal team, that's how would I like.
Speaker:I would like to have it because that allows me to do, is that I
Speaker:can give these three people one problem. I'll say that, okay,
Speaker:work on solving the partial differential equation on quantum computer.
Speaker:And you know, we have a coder, we have a physics guy, and we have
Speaker:someone who can just help both communicate. That's it. That's all you need.
Speaker:Communication. It's important that you have the people that know how to communicate
Speaker:this. It's always important for us that, you know, those folks are
Speaker:vital. Right? Yes, yes.
Speaker:It's such an underrated skill for a lot of things. Right? For
Speaker:sure, for sure. If you can't put your point ahead
Speaker:in the right way, it becomes an issue.
Speaker:So if you were to look ahead 5 to 10 years, what would
Speaker:success in quantum computing actually look
Speaker:like to you? Beyond headlines about
Speaker:qubit numbers? I'll say it would be about
Speaker:bringing roi, you know, to the stakeholders.
Speaker:Because that's something which I personally had
Speaker:to deal with in one of my previous ventures.
Speaker:That yeah, you can explain all the tech, you can explain all the
Speaker:theory and you can explain all the potential advantage.
Speaker:Right. But at the end of the day it's about
Speaker:money. I mean whether we like it or not. You
Speaker:know, if someone is going to put in billions of dollars because
Speaker:that's, that's the amount of money you will need to run anything on real quantum
Speaker:computer. If somebody's going to put that, they need an
Speaker:roi, a return on investment. So I think
Speaker:that's one of those things which will really separate
Speaker:an R D focused company from a real
Speaker:quantum industry tech. I think that's something which will really be
Speaker:the case. You can have all the qubit numbers, but
Speaker:if it takes you 1 million to solve
Speaker:a 500k problem, then
Speaker:it's just going to be limited to being a research paper and nothing else. So
Speaker:the real edge would future would lie to solve a 2 million problem with 1
Speaker:billion compute. Let's say just example.
Speaker:Okay.
Speaker:What'S one of the biggest misconceptions
Speaker:that you have heard about quantum computing?
Speaker:That it can solve anything. Okay,
Speaker:that's fair. You give it anything and it
Speaker:will just give you a solution faster with the higher convergence
Speaker:rate. That's not how it works, unfortunately. I wish it did.
Speaker:And if it did. Yeah then we would be going places. At least
Speaker:I would be going places. That's not the case.
Speaker:What role do you think cloud access
Speaker:will play in shaping who actually gets to
Speaker:experiment meaningfully with quantum systems?
Speaker:I think cloud access is the most, I'd
Speaker:say it's like, it's like an underdog. But the,
Speaker:I said the backbone of any kind of, you know,
Speaker:exposure and any kind of, I'll say the exponential growth
Speaker:which you know, the quantum as has seen as an industry
Speaker:because it allows you to, you know, get access to,
Speaker:you know, world class technologies and you know, world class
Speaker:devices just from your home. So
Speaker:I think that's always going to be one of the most
Speaker:primary agents, you know, which really drives any kind of innovation in this
Speaker:sector. Because obviously I say that in a two tier way.
Speaker:Right? Obviously as a corporation you get
Speaker:all these accesses and everything
Speaker:from your own company. You can just send a
Speaker:process which needs to be run on their, let's say
Speaker:quantum processor and get a result, which is a good thing because that means that
Speaker:there's a data security involved in this. And as an individual who wants to
Speaker:get into this sector, I do not need to Spend millions and
Speaker:thousands of dollars just to get 5 minutes or 10
Speaker:minutes on running a real system. Something on a real system.
Speaker:So I think, yeah, I mean the cloud access is one of those things which
Speaker:has really led to whatever growth in
Speaker:exposure and the popularity of quantum computing which we have seen so
Speaker:far. I think it was same for AI if I'm not wrong. Right. I think
Speaker:it was the access to these especially players
Speaker:like AWS and Azure. It was that the fact that
Speaker:they came into existence and these cloud services allowed companies to just
Speaker:put their architecture there and scale as they go. So I think
Speaker:cloud in general, quantum or AI or any other technology
Speaker:is always the driving force because nobody
Speaker:could, I mean if you can't possibly ask a startup with
Speaker:no funding actually to just get access
Speaker:to these H100 all those kind of
Speaker:systems which probably will cause them their kidneys actually.
Speaker:So I think it's always a cloud which drives innovation. Yes, as
Speaker:same as the case with quantum. Okay,
Speaker:okay. So
Speaker:where could people find out more about
Speaker:Rune, about your company, about
Speaker:what you're working on?
Speaker:Well, about what I'm working on. You know, probably you can follow follow me on
Speaker:LinkedIn and connect with me on LinkedIn. As I said, you know, I'm very
Speaker:open on, you know, connecting on LinkedIn. You can probably text me and you
Speaker:know, if you have any questions from this, you know, just hook me up and
Speaker:I'll probably answer it for root for Roon technology. I'll
Speaker:same, I'll suggest that you know, you reach, you know, visit our LinkedIn page.
Speaker:We also have a website. I'll probably, you know, give you the link if you
Speaker:want that you can just put it there with this recording.
Speaker:But yeah, I think, But I think LinkedIn texting me directly would be the
Speaker:best way if you want to know anything about quantum computing or
Speaker:related stuff. Yeah, you can just probably reach out to me on LinkedIn.
Speaker:That's excellent. Well, thank you.
Speaker:Thank you. This is, this is great. Like I love talking not just to like
Speaker:experts in the field, but also founders and co founders because like, you know, clearly
Speaker:you went from, you know, maybe you had it like you're
Speaker:putting your butt on the line. That's basically what I'm saying. Like, you know, you're
Speaker:a true believer, right. And it's also an inspiration to other people. Right. Like
Speaker:for people who are sitting in a cubicle somewhere or not happy with what their
Speaker:current career path looks like and
Speaker:the urge to pick up a book on quantum computing is far less risk than
Speaker:the risk that you've taken. Right. So go out there, kids,
Speaker:learn something new is basically what I'm saying. Exactly. I love
Speaker:it. I love it. This has been great. Thank you so much. So,
Speaker:so much. And we'll play the opposite.
Speaker:Sorry, go ahead, go ahead. I'll let you finish. Yeah, I was just, I was
Speaker:just concluding, saying that, you know, it's always a pleasure to talk about quantum computing.
Speaker:And you know, as I said, you know, I like to advocate for quantum
Speaker:computing itself because with AI getting so much
Speaker:traction and everything, right. I feel the next big thing might
Speaker:be quantum, even if, even if it's not the case, right? You learn
Speaker:something and, you know, you can always apply it to your own
Speaker:use case, whether it's a big thing or not. Because I don't
Speaker:like. One last thing before I conclude is one, I don't like the fact that
Speaker:people get into quantum thinking that it's going to be the next big thing.
Speaker:Get into it thinking that if it can help you or not, if it becomes
Speaker:the next big thing, good for you. If it does not, you learn
Speaker:something new and you learn how to apply it to your use case. And trust
Speaker:me, man, trust me, if you really do something that becomes a big tool,
Speaker:that's it. I agree, I agree. Always learn. As Frank
Speaker:says, always be learning. Right? Always be learning.
Speaker:Always be learning. Awesome. Now we'll play the outro music.
Speaker:They're sharing a glance Frank's got a joke about a quantum
Speaker:romance Candace drops knowledge like a trumpet Flare the
Speaker:speed of their banter Nothing compares String theory
Speaker:strumming reality humming the cosmos is bopping and we
Speaker:keep on drumming
Speaker:Quantum podcast Turn it up fast Candace and Frank
Speaker:blowing my mind at last Quantum podcast They're breaking
Speaker:the mold Science and sky beats its bold and it's soul.
Speaker:The multiverse is skanking Skanking in time Black holes
Speaker:are wailing in a horn line so fine From Planck scales to planets they're
Speaker:connecting the dots Candace and Frank they're the cosmic
Speaker:hot shots.