The Australian Government recently announced plans to invest $26 million in the development of quantum computing technology as part of the National Innovation and Science Agenda (NISA). Prime Minister Turnbull has argued that NISA is part of a new “ideas boom” designed to “create a modern, dynamic and 21st century economy for Australia.” It emphasizes quantum computing as an important area for government investment based on its ability to produce “jobs and economic growth.” And while this industry could certainly be “worth billions,” it offers much more than financial prosperity: quantum technologies could play a significant role in our future defense and security.
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