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Based on a Keynote Address at Quantum Computing for Business, 5 December 2017. (v2) Minor corrections","abstract": "Noisy Intermediate-Scale Quantum (NISQ) technology will be available in the\r\nnear future. Quantum computers with 50-100 qubits may be able to perform tasks\r\nwhich surpass the capabilities of today's classical digital computers, but\r\nnoise in quantum gates will limit the size of quantum circuits that can be\r\nexecuted reliably. NISQ devices will be useful tools for exploring many-body\r\nquantum physics, and may have other useful applications, but the 100-qubit\r\nquantum computer will not change the world right away --- we should regard it\r\nas a significant step toward the more powerful quantum technologies of the\r\nfuture. Quantum technologists should continue to strive for more accurate\r\nquantum gates and, eventually, fully fault-tolerant quantum computing.", "bibtexKey": "preskill2018quantum" } ] }