Read the Beforeitsnews.com story here. Advertise at Before It's News here.

By Tea with FT (Reporter)
Contributor profile | More stories

Story Views
Now:
Last hour:
Last 24 hours:
Total:

How Many Qubits Would We Have Needed to Install in the Basel Committee in Order to Avoid Its Monstrous Mistake?

Saturday, March 25, 2017 8:41

% of readers think this story is Fact. Add your two cents.

Sir, Jeremy O’Brien writes: “The catch is the need to correct the inevitable errors experienced by qubits. Because quantum computers are prone to errors in ways that conventional computers are not, it is currently understood that to create a quantum computer with 100 logical qubits, we would need a system with about a million actual qubits.” “The future is quantum” March 25.

Our bank regulators created capital requirements based on ex ante perceived risks of assets, instead of on the risks that assets might pose for banks ex post. That is why they came up with risk-weights of only 20% for what is AAA rated, where there could be the buildup of dangerously excessive exposures, and 150% for the so innocuous below BB- rated.

Sir, I wonder how many qubits a scientist like Jeremy O’Brien believes we would have to install in the Basel Committee, or in the quantum computer controlled bank regulations we might have in the future, in order to avoid costly errors like that.

I guess it should not take too many… I guess IBM’s Watson would already not make such a mistake… as it would clearly start by asking: “what is the purpose of banks?” and what has caused major bank crisis in the past.

http://subprimeregulations.blogspot.com/2016/12/must-one-go-on-hunger-strike-to-have.html

@PerKurowski

Source: http://teawithft.blogspot.com/2017/03/how-many-qubits-would-we-have-needed-to.html

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).

Comments

Online:
Visits:	1,599,176,594
Stories:	8,138,299