EP 111b - DEMYSTIFYING QUANTUM COMPUTING AND Q DAY WITH SERGIO GAGO OF MOODY'S
In this episode of the "Dave and Dharm Demystify Show," Dave and Dharm reconnect with Sergio Gago from Moody's to explore the fascinating world of quantum computing and its implications for the financial industry. Sergio, the MD of AI and Quantum Computing at Moody's, explains quantum computing's complexities and fundamental differences from classical computing. He delves into the concept of qubits and superposition, offering insights into how quantum computers can solve mathematical problems exponentially faster than traditional systems. The conversation also touches on the current state of quantum computing, including its practical applications in finance, such as portfolio optimisation, logistics, and stress testing for banks. Sergio discusses the potential impact of quantum computing on encryption and cybersecurity, highlighting the urgency for new standards to safeguard sensitive data in a post-quantum world. Sergio talks about Q Day and its implications for governments and enterprises worldwide. Listeners will learn about the intersection of quantum computing and AI and how these technologies are poised to revolutionise the financial industry. The episode wraps up with a look at Moody's proactive approach to integrating quantum computing into its operations and the steps being taken globally to prepare for the quantum era. Tune in to gain a deeper understanding of quantum computing's transformative potential and its future role in finance.