Finn's Take· TL;DRIt has been about a week since President Trump signed an executive order directing a whole-of-government push on quantum computing — funding it, securing its supply chains, building its workforce, and making sure adversaries like China don't get there first. This marks a significant federal commitment to a technology that is either the next great computing revolution, or the most expensive science experiment in history, depending on the expert you ask.
On June 22, President Trump signed two executive orders designed to accelerate American quantum computing and to defend the federal government against future quantum-powered cyberattacks. Standing alongside him in the Oval Office were Alphabet President Ruth Porat, IBM CEO Arvind Krishna, and Infleqtion CEO Matthew Kinsella — a clear signal that the biggest names in tech are backing the effort. Trump said the first order "launches a national effort to produce a quantum computer capable of performing important scientific calculations," while the second "directs federal agencies to transition to what is called quantum cryptography."
Your laptop processes information in bits — tiny switches that see data as either a 0 or a 1. Quantum computers swap those out for qubits, which can exist as 0, 1, or a combination of both at the same time, a property called superposition. If we can harness it, this would fundamentally supercharge everything a computer can do.
A classical computer tries every path in a maze until it finds the exit. A quantum computer, by using the interference patterns of qubits — the way their probability waves cancel out wrong answers and amplify right ones — can zero in on solutions without brute-forcing every option. Add entanglement, where qubits become so linked that measuring one instantly tells you about others, and you have a machine that approaches certain problems in a completely different way than anything humanity has built before.
The most credible near-term applications are in science and industry, not consumer tech. Quantum computers are particularly well-suited to simulating molecular behavior — which could dramatically accelerate drug discovery and materials science — and to crunching complex optimization problems in finance and logistics. McKinsey & Company identified four industries most likely to see early economic impact — automotive, chemicals, financial services, and life sciences — and estimated the technology could add a combined $1.3 trillion in value by 2035.
Quantum computers could also unscramble the encryption that protects computers from hacking, raising fears of aggressive cyberattacks. Sensitive records with a long shelf life — health, defense, and financial data — are already at risk even before quantum computers fully mature. Migrating to post-quantum cryptography is slow and complex, which is exactly why the order sets firm deadlines. By forcing agencies to start now, the administration aims to close the window before it becomes a crisis.
China currently holds 60 percent of global quantum patents, according to an MIT report, making the geopolitical urgency behind Trump's orders hard to dismiss. Last month, the Commerce Department announced it would take $2 billion in equity stakes across nine quantum-computing companies, including a new IBM venture. The first executive order sets a concrete national goal: build a quantum computer powerful enough for serious scientific research, housed in a national laboratory, by 2028.
Engineering bottlenecks — including error correction, qubit stability, and scaling — remain major unsolved problems. IBM says it's targeting 200 logical qubits by 2029 and 2,000 by 2033. These are timelines that make quantum computing a decades-long project, not an imminent revolution. The vibe around AI is also shifting — models are more expensive to train and returns are harder to demonstrate — meaning investors who sent AI stocks soaring may soon be looking for the next big thing to believe in. Quantum computing, with all its promise and uncertainty, is ready and waiting for that role.