David Drapkin (Boardroom Alpha) 08:29
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excuse me, if Im using the wrong technology, where its a few different methods or strategies of quantum computing that you and some of your competitors are undertaking and so can you talk a little bit about, you know, the difference
between, say, superconducting versus trapped ions, and sort of, you know, why youre one versus the other and sort of maybe pros and cons, pros and cons of each, or maybe a competitive advantage that that you have.
Chad Rigetti (CEO, Rigetti Computing) 09:55
First of
all, the market opportunity in quantum computing is truly enormous. And I say that from a few perspectives. The first is just the addressable market, youre talking about kind of a multiple of the current cloud hardware, plus High Performance
Computing markets put together a long term, ultimately, whats going to be unlocked here. And second of all, from the perspective of just the importance of the technology, and it because computing technology is a fundamental driver of economic
development and innovation, its just incredibly important to organizations, to companies, to countries, in their competitive dynamics with whoever their rivals may be. And as a result of all that, theres been a, you know, a wide set of
physical systems that are being pursued to build quantum computers. Now, what Rigetti focuses on are superconducting qubit. Superconducting qubits are based on electrical circuits really similar to what you might see, in a traditional computer. They
leveraged traditional semiconductor manufacturing capabilities and techniques. There are other approaches being taken one of those is trapped ions. And in the trapped ion approach, ultimately, youre using kind of native or natural quantum
mechanical systems. And that comes a certain benefits for sure. One of the constraints or challenges there is that those systems because theyre based on natural quantum mechanical systems, like individual ions of properties are really dictated
by the periodic table by the laws of physics. Superconducting qubits, actually, a really a much younger technology and the revolving really, really quickly and making incredible progress. Superconducting qubits can be thought of as kind of
artificial atoms, where you can engineer the properties of those atoms, to enable the kind of practical engineering tradeoffs that need to be made to deliver. And then, you know, large scale high performance quantum computer in a in a practical
sense. And because of that engineer ability, superconducting qubit technology has been evolving at a really, really fast rate over the past decade, and in fact, has been scaling faster than the other modalities that are being pursued. And today,
superconducting qubit technology is the furthest along in terms of scale and speed, by far relative to the to the other approaches are out there. Now, because the market is so large, this isnt at all a winner take all situation where
superconducting is going to be the only successful technology. Ultimately, what we believe is going to happen is that market is you know, theres going to be specific strengths of the different approaches that are being taken that are going to
make them better, you know, better suited to a certain niche applications out there. And ultimately, superconducting is really the technology thats in the, you know, lead today and most likely to kind of be the dominant technology on the
market.
David Drapkin (Boardroom Alpha) 12:48
And
then in terms of the other players, right, so obviously, theres you guys are going public, I think IonQ is the only other pure play quantum public company out there, then you have IBM, Google. Whats the thesis for, you know, if I were to
make one bet on quantum computing, as a, as a public investor, you know, whats the thesis, and this whole things about thesis, but you know, whats the thesis of why I should, you know, go this route versus, you know, some of the
others.
Chad Rigetti (CEO, Rigetti Computing) 13:21
First and foremost, the, superconducting has, by far the inside track on being the dominant technology in the space. Rigetti is the only pure play, is going to
be, ah, as we as we get through the de-SPAC is going to be the only pure play public company in superconducting technology. Second of all, we are truly a pioneer in this space. And quantum is a marathon, it is
not a