The above post is mine from another PC. Don't want anyone to accuse me of trying to be sneaky. According to most of the technologists that I know the first true Quantum Computers will emerge around 2025. The current one from Dwave has some loopholes in it. It has quantum processing, but to solve the quantum super positioning problem it still has to send the generated results to a traditional super computer. Once that happens the super computer has to decrypt and dequantify the generated data. There are tons of AI applications for this. NASA, Google and Lockheed Martin are a few of the firms that bought Dwave's systems in the first place. There is also a trading firm in the process of buying it, and they will be the first ones to have it. It cost an arm a leg and your nutsack. Right now heat is a major problem for the true Quantum Computer. MIT is working on laser cooling because right now the entire wafer's on this kind of computer is made of of gold and platinum. It's overwhelmingly expensive to cool - upwards probably of $1million a day using current technology for a true Quantum Computer.
I should change the end of the last post too. Right now heat is a major practical problem for the true Quantum Computer. MIT is working on laser cooling because right now the entire wafer's on this kind of computer is made of of gold and platinum. It's overwhelmingly expensive to cool - upwards probably of $1million a day using current technology for a true Quantum Computer. They also need to come up with a new way of looking at Physics to re-engineer the computer - right now we are on or off. Computer code is written in 1 or 0's. I don't understand the rest of it - when guys talk to me about it I go "--------------------------------------"
"JP Morgan expects second-quarter revenues from bond and equity trading to decline by about 20pc from a year earlier, the biggest US bank by assets has admitted." Revenue down, more traders get laid off, less volume,etc. It is a vicious cycle. Soon, they can just open the market for 2 hours a day.
yeah..with a couple hours lunch break,like in Japan. as i said long time ago-they killed the golden goose-retail trading and now it's dog eat dog time. good luck with that.
The 2 hour lunch break ended decades ago. Now it's 1 hour for stock and no lunch break for index futures.
Not there yet. Computers no matter how powerful are nothing without the human who program it to do useful things. Us human still stupid enough. AI or machine learning really has no intelligence yet.