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It's interesting to look at this through the lens of startup creation. Here is an example of something where there will clearly be customers that need assistan
by adriand 8y ago
It's interesting to look at this through the lens of startup creation. Here is an example of something where there will clearly be customers that need assistance from technologically sophisticated companies. Quote:
"Mr Steel says one of his clients has thousands of apps that need updating. As chips migrate into everything from cars and children’s toys to lighting systems and smart electricity meters, the amount of work will only grow."
The need is clear and there is even a timeline. NIST is planning to release proposals for quantum-resistant algorithms in 2024. According to the article, Brian LaMacchia, an expert from Microsoft, predicts availability of a “cryptographically interesting” quantum computer in 2030 to 2040.
The question is, when does it become sensible to start a company intended on serving the millions of other companies who will need assistance making this sort of transition? It feels too early now, but is it? Are there sensible steps to be taken now? If you're reading this and you happen to be fifteen years old, thinking about what you might want to launch when you get out of university, is this something worth diving into?
The uncertain timeline carries considerable risk, but if you wanted a shot at building a sustainable company that might be worth tens of millions in two decades, this problem seems like an obvious candidate.
- DenisM 8y agoAre you imagining something akin to the Y2K-style surge in COBOL consulting jobs? I imagine it could be lucrative, but I also imagine most companies will just drag their feet as long as they can, so it will be a frustrating sales experience as it always is absent a clear deadline or at least significant time pressure.
- maxxxxx 8y agoIf you are good at hyping up vaporware then now may be a good time. If you are interested in really helping people it will probably take many years before there is anything real to do.