The quantum computing revolution is coming. Soon we will have machines chat are capable of solving problems that would take tens of years, which can be done in seconds. Entire encryption systems broken in an instance.
Quantum risk analysis (QRA) is a particularly profound development. Imagine a system that could model the risk of a particular event happening and its severity with greater accuracy than any known system on Earth. Industries like insurance are built on the premise that we do not know what will happen, so we will insure you in case it does.
So what would a world with practical quantum risk analysis look like?
This piece is about the potentially extreme impact of QRA on risk-based businesses (and beyond) and how QRA could revolutionise how we take risks in life.