Quantum supremacy has been achieved; or has it?

IBM’s “Q” quantum computer; courtesy IBM

Google’s quantum computing achievement

For at least three decades, teams of researchers have been exploring quantum computers for real-world applications in scientific research, engineering and finance. Researchers have dreamed of the day when quantum computers would first achieve “supremacy” over classical computers, in the sense that a quantum computer solving a particular problem faster than any present-day or soon-to-be-produced classical computer system.

In a Nature article dated 23 October 2019, researchers at Google announced that they have achieved exactly this.

Google researchers employed a custom-designed quantum processor, named “Sycamore,” consisting of programmable quantum

Continue reading Quantum supremacy has been achieved; or has it?

The “Master of the Robots” on machine learning in finance

Marcos Lopez de Prado

The Master of the Robots

Marcos Lopez de Prado, who was named Quant of the Year for 2019 by the Journal of Portfolio Management, is widely regarded as one of the leading quantitative mathematicians in today’s financial world. He currently ranks #1 among authors in the economics field on the SSRN research network, as measured by downloaded articles within the past 12 months.

In a Bloomberg article titled The Master of Robots Left AQR. Now He’s Coming for Wall Street, Lopez de Prado explains why he established his own company (True Positive Technologies) to dispense

Continue reading The “Master of the Robots” on machine learning in finance