Quantum Computing May Reshape Global Power, Warns Bank of America

Revolutionary tech could be worth trillions and fuel artificial superintelligence, says BofA in bold prediction

A New Technological Era Approaches

Quantum computing has the potential to be the most transformative technology since the discovery of fire, according to a striking new report from Bank of America (BofA).

In a research note released on Wednesday, BofA analysts claimed that quantum computing could redraw global power structures, unlock unparalleled innovation, and create a multi-trillion-dollar market by 2035.

What Makes Quantum So Powerful?

Quantum computers use qubits to perform calculations exponentially faster than traditional systems. To illustrate this power, BofA stated:

“A human would have to perform one calculation every second for around 50 quintillion years to match what a quantum computer can do in one second.”

Analysts described quantum computing as a technology capable of “endless complex calculations in zero time,” potentially accelerating human development across sectors.

When Will Quantum Reach Maturity?

Though the technology is still error-prone, BofA estimates that quantum computing could reach broad commercial utility between 2030 and 2033.

The main challenge? Increasing both the number and quality of qubits—the fundamental building blocks of quantum machines.

Breakthroughs in next-generation chips and qubit fidelity will be critical in bringing stable, large-scale quantum systems to market.

Economic Potential: Trillions in Value

Bank of America predicts a potential $2 trillion global application market by 2035. However, the report suggests the real impact could be far greater, potentially contributing the equivalent of global GDP.

Key industries set to benefit include:

• Cybersecurity and encryption
• Pharmaceuticals and drug discovery
• Supply chain and logistics
• Artificial intelligence and machine learning
• Materials science and physics

Quantum + AI = Artificial Super Intelligence?

One of the most intriguing insights from BofA is the convergence of quantum computing and generative AI.

With just 10 qubits, a quantum system could reportedly perform 100 times more operations than a classical computer, making it ideal for training advanced AI models.

This combination could pave the way for what analysts call “Artificial Super Intelligence”, with unprecedented implications for research, automation, and economic output.

Global Race for Quantum Dominance

Governments around the world are investing heavily in quantum R&D. Over $42 billion in public funding has been announced globally:

• China accounts for around 35% of this investment
• The US, EU, and UK are also scaling up funding rapidly
• Corporate giants like IBM, Google, and Microsoft are racing to lead

“Whoever wins the quantum race will gain an unprecedented geopolitical, technological, and economic advantage,” BofA warned.

Investor Outlook: Time to Watch Closely

• Quantum computing is still in early stages, but its investment potential is enormous.
• Key opportunities lie in firms focused on quantum hardware, AI integration, and secure communications.
• Governments and corporations alike are treating this as a national security priority, further boosting funding and momentum.

Sources: (Investing.com, Reuters.com)