Quantum Essentials · Module 4 · Chapter 14 of 17

What can quantum computers do today, and what's still to come?

Press releases say quantum computing is transforming banking, medicine and logistics. What has it actually done?

The short answer (tap to open)

Quantum sensors, clocks and random-number chips already do real jobs. Quantum computers so far beat ordinary ones only on test tasks chosen to suit them. Their strongest future use is simulating molecules and materials, which needs error-corrected machines expected around the 2030s. Claims about finance, machine learning and drug discovery remain unproven. Ask what evidence backs each claim.

Predict

Which of these has a quantum computer done better than any ordinary computer, in a way independent experts accept?

After this page you can

  • sort quantum uses into now, next and later;
  • grade the evidence behind a claim;
  • explain why chemistry is the strongest long-term case, and why even that target moves;
  • spot "transforming" claims that the evidence doesn't support.

Part A · How to grade a claim

What counts as evidence?

Each claim on this page gets one of five grades:

  • In use: doing a real job today, outside the lab.
  • Shown, ahead: run on real hardware, better than the best ordinary method, checked by others.
  • Shown, not ahead: run on real hardware, but ordinary computers do as well or better, or nobody has checked yet.
  • On paper: worked out for future machines that don't exist yet.
  • Press release only: a claim without a paper, or with a paper that doesn't support it.

One question does most of the work: compared with what? Many claims compare a quantum machine with an ordinary method nobody uses for that job.

Part B · Now

What does quantum already do?

Quantum technology already works, mostly outside computing:

  • First-generation quantum tech (the introduction): lasers (page 14c), computer chips, LEDs and MRI scanners all rely on quantum rules. In use for decades.
  • Clocks and sensors (chapter 12): atomic clocks in every GPS satellite. Wearable brain scanners in clinical research. Gravity sensors in field trials. In use, or in trials.
  • Random numbers: quantum random-number chips in Samsung phones sold in South Korea since 2020. In use.
  • Security (chapter 13): post-quantum encryption, ordinary maths built because of quantum computers, already protects much of the web. In use.

And quantum computers?

Today they're mostly tools for research and learning. Companies and universities rent time on them over the internet to test ideas and train staff. McKinsey counted more than 300 organisations, from Airbus to JPMorganChase, working with quantum companies in 2026. That's experimenting, not yet relying on them.

Their clearest results so far:

  • Test tasks: sampling and physics tasks where quantum machines beat ordinary computers, though some earlier claims later fell to better ordinary methods (chapter 11). Shown, ahead, on made-up tasks.
  • Certified randomness (2025): JPMorganChase and Quantinuum produced random numbers that anyone can check came from a quantum process (Nature). A first step towards a practical task. Shown.
  • Quantum Echoes (2025): Google measured a physical effect 13,000 times faster than a supercomputer could calculate it, in a way others can check (Nature). Physics, not yet chemistry. Shown, ahead, not yet reproduced classically.

Part C · Next, the strongest case

Why is chemistry the strongest long-term use?

Molecules follow quantum rules. To simulate one exactly, an ordinary computer must track every way its electrons can arrange themselves, and that number doubles with each extra electron orbital (chapter 7's doubling). A quantum computer follows the same rules as the molecule, so its size grows only in step with the molecule. Richard Feynman made this argument in 1981 (page 7c).

The prizes are large: better catalysts for fertiliser and capturing carbon, better batteries, and medicines designed with more confidence (page 14a).

Ordinary computer's memory for an exact simulation: 104 bytes

Quantum computer's qubits: 10

    The two growth rates, in words

    Each orbital doubles the memory: 16 bytes for every one of 2 to the power n arrangements. The qubits grow by one per orbital.

    • Electron orbitals: 10. Ordinary computer's memory for an exact simulation: 104 bytes. Quantum computer's qubits: 10.
    • Electron orbitals: 50. Ordinary computer's memory for an exact simulation: 1016 bytes. Quantum computer's qubits: 50.
    • Electron orbitals: 100. Ordinary computer's memory for an exact simulation: 1031 bytes. Quantum computer's qubits: 100.
    • Passed a 16 GB laptop at 30 orbitals.
    • Passed the biggest supercomputer (about 10 PB) at 50 orbitals.
    • Passed the number of atoms in the Earth at 163 orbitals.

    That gap is why chemistry tops every list. But ordinary computers rarely need the exact answer, which is the catch.

    How big a machine does it need?

    Researchers cost these jobs for future error-corrected machines:

    • FeMoco (2017): the molecule bacteria use to turn nitrogen from the air into fertiliser. About 135 error-corrected qubits running for weeks. Later work (2021) cut the cost to about 4 million physical qubits for under four days.
    • Cytochrome P450 (2022): an enzyme that breaks down most medicines in your body. About 4.6 million physical qubits for 73 hours at today's best error rates.
    • Battery materials (2023): even with better methods, runtimes of thousands of days. More work needed.

    Each estimate falls as methods improve. Today's machines have a few dozen error-corrected qubits (chapter 8), so all of this is on paper.

    Is anything shown on today's hardware?

    Small steps. In 2025 and 2026 IBM with Japan's RIKEN, Google, and the London company Phasecraft ran chemistry and materials problems on real machines. The results matched or approached the best ordinary methods. None clearly beat them. Shown, not ahead.

    What's the catch?

    Ordinary computers keep improving too. Chemists don't need the exact answer, just a good-enough one, and clever approximations often deliver it. In January 2026 a team led by Garnet Chan reported reaching chemical accuracy on a FeMoco model with ordinary computers (a preprint, not yet peer reviewed). If that holds, the flagship example needs replacing with harder molecules. A 2025 MIT study expects quantum methods to beat the best ordinary ones for small and medium molecules in about 10 years, and the cheaper everyday methods in 15 to 20.

    ■ Estimated quantum cost (falling) · ■ What ordinary computers can reach (rising)

    • 2017: About 135 error-corrected qubits running for weeks.
    • 2021: About 4 million physical qubits, under four days.
    • 2026: A team led by Garnet Chan reaches chemical accuracy on a FeMoco model with ordinary computers (preprint).

    Ordinary computers caught up first: the target moved.

    The lines are illustrative. The dated points are real.

    Advantage arrives where the lines cross, and both lines keep moving.

    The three molecules, in words
    • FeMoco (fertiliser): On paper for quantum; ordinary computers reached a model in 2026 (preprint). 2017: About 135 error-corrected qubits running for weeks. 2021: About 4 million physical qubits, under four days. 2026: A team led by Garnet Chan reaches chemical accuracy on a FeMoco model with ordinary computers (preprint).
    • Cytochrome P450 (medicines): On paper. 2022: About 4.6 million physical qubits for 73 hours at today's best error rates.
    • Battery materials: On paper; runtimes still thousands of days. 2023: Even with better methods, runtimes of thousands of days.

    The lines are illustrative. The dated points are real.

    Part D · Later, or unproven

    What about finance and optimisation?

    Banks, airlines and logistics firms hope quantum computers will find better schedules, routes and portfolios. The evidence so far:

    • HSBC and IBM (September 2025) reported "up to 34%" better predictions of bond-trade outcomes. Experts, including the computer scientist Scott Aaronson (page 16c), challenged it: the gain appeared even against a noise-free simulation of the same circuit, which suggests hardware noise did the work, and ordinary methods could reproduce it. Preprint only, not peer reviewed, disputed.
    • IonQ and Ansys (March 2025) reported a blood-pump simulation "12% faster" than ordinary computers. The 12% came from a simulated run, not the quantum hardware. Press release only.

    For most optimisation problems, no known quantum algorithm gives a large proven speed-up. Annealers (chapter 10) remain a separate, debated case.

    And machine learning, or drug discovery?

    • Machine learning: in 2018 Ewin Tang, an 18-year-old student in Texas, found an ordinary algorithm that matched a celebrated quantum one for recommending products. Similar results followed for other quantum learning methods. No practical quantum advantage for machine learning exists yet. On paper, and shrinking.
    • Drug discovery: in 2025 a team in Toronto used a mainly ordinary AI system with a small quantum part to suggest cancer-drug candidates; two looked promising in lab tests (Nature Biotechnology). Nobody showed the system needed the quantum part. No approved medicine depends on quantum computing. Shown, not ahead.
    • Breaking encryption: needs far bigger machines (chapter 13). On paper.

    Now, next or later?

    Now

      Next (2030s, with error correction)

        Later or unproven

          Card 1 of 12

          GPS clocks

            The answers, in words
            • GPS clocks: Now. In use: atomic clocks in every GPS satellite.
            • Quantum random numbers in phones: Now. In use: Samsung phones in South Korea since May 2020.
            • Wearable brain scanners: Now. In trials: clinical research use; NHS sites due from 2027.
            • Post-quantum encryption: Now. In use: ordinary maths, already protecting much of the web.
            • Certified randomness: Now. Shown: JPMorganChase and Quantinuum, Nature, 2025. A first step towards a practical task.
            • Simulating catalysts: Next (2030s, with error correction). On paper: costed for future error-corrected machines (FeMoco, 2017 and 2021).
            • Battery design: Next (2030s, with error correction). On paper: runtimes still thousands of days (2023).
            • Bond trading: Later or unproven. Preprint only, not peer reviewed, disputed (HSBC and IBM, 2025).
            • Drug design: Later or unproven. Shown, not ahead: a small quantum part in a mainly ordinary AI system (2025).
            • Machine learning: Later or unproven. On paper, and shrinking: ordinary algorithms matched quantum ones (Tang, 2018).
            • Breaking RSA: Later or unproven. On paper: needs far bigger machines (chapter 13).
            • Delivery-route planning: Later or unproven. Unproven: no known quantum algorithm gives a large proven speed-up for most optimisation.

            Can you grade a press release?

            QuantumCo's breakthrough transforms logistics, cutting delivery times by up to 40%! (A made-up press release.)
              The release and its small print

              QuantumCo's breakthrough transforms logistics, cutting delivery times by up to 40%! (A made-up press release.)

              • Compared with what? Small print: compared with routes planned by hand in 2015, not with today's route-planning software.
              • Real hardware or simulated? Small print: the 40% came from a simulation of a future quantum computer, run on an ordinary one.
              • Where's the paper? Small print: no paper. "Details to follow."

              Grade: press release only.

              Myths and media

              Media check

              Right, half right or wrong? Call it first.

              Card 1 of 3

              "Bank achieves world's first quantum-enabled trading."

              Check

              Three quick ones

              Q1

              Where has quantum technology clearly done real jobs for years?

              Q2

              Why is chemistry the strongest long-term case for quantum computers?

              Q3

              What's the first question to ask about a quantum speed-up claim?

              Collect

              Your aha card

              Now, next, later.

              Quantum already measures and protects. It computes useful things next, starting with chemistry, if error correction and ordinary computers' progress allow. Grade every claim by its evidence.

              Next page · Chapter 15

              Who is building quantum technology, and where is the money going?

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