2 years, 3 months ago

From quantum computing to AI, why 2022 was a great year for tech

All the numbers point to one of the worst years for the technology sector in over a decade. In July, the US National Institute of Standards and Technology finally released four algorithms, developed by external researchers, “that are designed to withstand the assault of a future quantum computer.” Without such safeguards, the wider community — from financial firms to internet companies — lack assurance that the systems they’re rolling out now will be secure years into the future. Yet, there’s uncanny similarities to the dot-com bust two decades ago that paved the way for a period of vast innovation — online payments and communications software, among them — which truly improved the lives of billions around the world. Whatever Twitter’s future, the world will likely be better off five years from now if something comes along to dent the power of a megalomaniacal billionaire. Apple Inc. is finally taking alternative locales seriously, and we’ll see a greater proportion of its products made in places like India, Vietnam, Europe and possibly North America.

Live Mint

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