Embracing the Quantum Economy 2024

Images: Getty Images Contents Foreword 3 Executive summary 4 Introduction 5 1 Advancements and impact in the quantum economy 7 1.1 The rapid advancement and evolution of quantum technologies 8 1.2 The main challenges for unlocking the potential of quantum technologies 9 1.3 First-mover advantages and challenges 10 1.4 The next wave of disruption: Quantum and AI 13 2 The quantum economy: Building new growth areas 16 2.1 Quantum-driven economic diversification 17 2.2 Economic diversification across industry sectors 21 3 The quantum leap: Navigating the new frontier of use cases 28 3.1 Industry engagement and use cases 29 3.2 Use case impact on each industry 29 4 The business of quantum: How to get started 39 4.1 Explorative initiatives 40 4.2 Building a dedicated team 41 4.3 Strategic investments 42 Conclusion 45 Contributors 47 Appendix 49 Endnotes 63 Disclaimer This document is published by the World Economic Forum as a contribution to a project, insight area or interaction. The findings, interpretations and conclusions expressed herein are a result of a collaborative process facilitated and endorsed by the World Economic Forum but whose results do not necessarily represent the views of the World Economic Forum, nor the entirety of its Members, Partners or other stakeholders. © 2024 World Economic Forum. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, including photocopying and recording, or by any information storage and retrieval system. Embracing the Quantum Economy: A Pathway for Business Leaders 2