CNBC's "Fast Money" Google’s Quantum Computing Breakthrough… And Health Insurers In The Spotlight 12/10/24
12 snips
Dec 10, 2024 AI Snips
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Episode notes
Google's Quantum Leap
- Google's quantum computing breakthrough, while lacking real-world applications yet, demonstrates their potential.
- This breakthrough positions Google well in the tech race, reminding investors of its value.
Quantum Computing Monetization
- Steve Grasso questions Google's monetization strategy for quantum computing, comparing the hype to AI.
- He suggests IBM, despite underperforming Google, has quietly made similar advancements without the fanfare.
Quantum Computing: A Long-Term Play
- Gene Munster acknowledges Google's quantum computing advancement but cautions about overvaluation.
- He suggests the potential for commercialization is still a decade away, with AI being a primary beneficiary.