A new whitepaper published by EY and the University of Oxford’s Responsible Technology Institute (RTI) has outlined the importance of responsible innovation and proactive risk mitigation when navigating the potential of emerging technologies, such as quantum computing.  

Quantum computing is a type of computing that leverages the principles of quantum mechanics to perform complex calculations differently and much faster than classical computers in selected application areas. Use cases include facilitating new drug discovery and financial modelling. 

Although this powerful new computational technique is exciting, the whitepaper stresses the need for a pragmatic view and recognition of the engineering challenges that must be overcome for the full potential of commercial quantum computing to be realised. 

Shifting how we speak about quantum computing to foster trust

As part of the whitepaper, a survey of technologists, researchers and policymakers was conducted to identify general attitudes towards emerging technologies, the threats and opportunities it may bring, and the role of governance and governments in technological innovation. 

Half of surveyed respondents (50%) agreed there is value in generating societal excitement about emerging technologies (e.g., to raise capital), however, 84% also believe that claims made around such technologies are often overblown or exaggerated in popular discourse. 

Commenting on this, EY digital ethics lead, Mira Pijselman, said: “The whitepaper’s findings indicate that counteracting misleading information and engaging in responsible science communication are key dimensions of practicing responsible innovation in relation to quantum computing. We have already seen concerns with underperforming products, loss of public trust, and active societal harms in technology spaces adjacent to quantum computing – such as artificial intelligence (AI) – where ‘hype’ may be used to propel interests and narratives that are not always aligned with public good. It’s important that we learn from history and communicate accurately and responsibly when speaking about quantum computing technology.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.