Bank of America Strategist Calls Quantum ‘The Most Important Technological Race of Our Generation’ (Quantum Insider)

Bank of America strategist Haim Israel said quantum computing could surpass artificial intelligence in impact, unlocking massive datasets, breaking encryption, and shifting global tech dominance. Quantum systems could reach practical utility by 2033, with early applications in pharmaceuticals, cybersecurity, and large-scale optimization problems. Israel warned that Israel lags behind global powers in quantum readiness, while the U.S., China, and EU accelerate investment amid minimal regulatory oversight.

Bank of America Strategist Calls Quantum ‘The Most Important Technological Race of Our Generation’