Potential Energy Advantage of Quantum Economy

08/15/2023
by   Junyu Liu, et al.
0

Energy cost is increasingly crucial in the modern computing industry with the wide deployment of large-scale machine learning models and language models. For the firms that provide computing services, low energy consumption is important both from the perspective of their own market growth and the government's regulations. In this paper, we study the energy benefits of quantum computing vis-a-vis classical computing. Deviating from the conventional notion of quantum advantage based solely on computational complexity, we redefine advantage in an energy efficiency context. Through a Cournot competition model constrained by energy usage, we demonstrate quantum computing firms can outperform classical counterparts in both profitability and energy efficiency at Nash equilibrium. Therefore quantum computing may represent a more sustainable pathway for the computing industry. Moreover, we discover that the energy benefits of quantum computing economies are contingent on large-scale computation. Based on real physical parameters, we further illustrate the scale of operation necessary for realizing this energy efficiency advantage.

READ FULL TEXT

page 1

page 2

page 3

page 4

research
09/11/2023

"Toward" Metal-Organic Framework Design by Quantum Computing

The article summarizes the study performed in the context of the Deloitt...
research
06/30/2022

Sustainable Computing – Without the Hot Air

The demand for computing is continuing to grow exponentially. This growt...
research
08/14/2023

Energy Efficiency of Quantum Statevector Simulation at Scale

Classical simulations are essential for the development of quantum compu...
research
06/06/2023

Quantum Blockchain Miners Provide Massive Energy Savings

Blockchain-based cryptocurrencies have become an extremely important, hi...
research
06/01/2022

YOLoC: DeploY Large-Scale Neural Network by ROM-based Computing-in-Memory using ResiduaL Branch on a Chip

Computing-in-memory (CiM) is a promising technique to achieve high energ...
research
03/13/2023

The Evaluation of a New Daylighting System's Energy Performance: Reversible Daylighting System (RDS)

This paper evaluates the energy performance of a new daylighting system,...
research
03/12/2023

Frugal Computing – On the need for low-carbon and sustainable computing and the path towards zero-carbon computing

The current emissions from computing are almost 4 is already more than e...

Please sign up or login with your details

Forgot password? Click here to reset