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Advances in Environmental and Engineering Research

Corporate Digital Responsibility and the Business Implications of Quantum Computing

Martin George Wynn, Peter Jones

Published Dec 7, 2023• 10 citations
Publisher

Abstract

While artificial intelligence has been attracting increasing investment and controversy, a new, and potentially much more powerful technology, Quantum Computing, is on the business horizon. Already, organizations are assessing its potential for addressing a range of computationally challenging issues, such as last-mile optimization and cryptanalysis to break encryption algorithms, and are exploring possible applications in a range of business areas. While the advent of Quantum Computing may bring an array of opportunities and benefits, the companies developing and applying Quantum Computing technologies will face, and have to address, new sets of corporate social, ethical, economic, technical and environmental responsibilities. Using a qualitative research method based on secondary sources, this article examines the implications for Quantum Computing for corporate digital responsibility, and assesses the guidance currently being offered by leading consultancies for organisations deploying Quantum Computing. The results suggest that although there is some guidance on how companies can apply and exploit Quantum Computing technology, there is as yet little consideration of the possible downsides, including, for example, potential negative environmental impacts. Further research is needed to develop a more balanced assessment of benefits and disbenefits as Quantum Computing is deployed in the corporate world and wider global society.

DOI
10.21926/aeer.2304053

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While artificial intelligence has been attracting increasing investment and controversy, a new, and potentially much more powerful technology, Quantum Computing, is on the business horizon. Already, organizations are assessing its potential for addressing a range of computationally challenging issues, such as last-mile optimization and cryptanalysis to break encryption algorithms, and are exploring possible applications in a range of business areas. While the advent of Quantum Computing may bring an array of opportunities and benefits, the companies developing and applying Quantum Computing technologies will face, and have to address, new sets of corporate social, ethical, economic, technical and environmental responsibilities. Using a qualitative research method based on secondary sources, this article examines the implications for Quantum Computing for corporate digital responsibility, and assesses the guidance currently being offered by leading consultancies for organisations deploying Quantum Computing. The results suggest that although there is some guidance on how companies can apply and exploit Quantum Computing technology, there is as yet little consideration of the possible downsides, including, for example, potential negative environmental impacts. Further research is needed to develop a more balanced assessment of benefits and disbenefits as Quantum Computing is deployed in the corporate world and wider global society.
This article investigates the impact of quantum computing (QC) as an emerging technology with the potential to benefit businesses and their technological infrastructure. The main objective is to describe the challenges organizations face when adopting it, as well as the opportunities it offers in increasingly competitive and strategically complex markets driven by exponential growth. The study also identified that, while quantum computing promises to revolutionize areas such as resource optimization, productivity efficiency, and the simulation of future scenarios—enabling better-informed decision-making and risk mitigation—its implementation encounters significant obstacles: high costs, the need for specialized talent, and new security risks. To address these barriers, hybrid models combining cloud and local infrastructure, as well as microservices, have emerged as practical alternatives, enabling organizations to access this technology without requiring substantial initial investment. Ultimately, this research contributes to the academic discussion that quantum computing is not a replacement but rather a complement that can be integrated gradually and carefully. The path forward requires efforts in education and policy to ensure accessible and ethical development, preventing it from becoming a tool reserved for only a few.
Quantum computing is set to revolutionize various aspects of society, with its ability to process information exponentially faster than traditional computers. This article explores the transformative potential of quantum computing on societal structures, focusing primarily on its impacts on data security, privacy, and economic frameworks. It delves into the challenges and opportunities quantum computing presents, particularly in breaking conventional encryption methods and fostering the development of quantum-resistant cryptographic systems. The review also examines the broader societal implications, including privacy concerns raised by enhanced data mining capabilities and surveillance, as well as the economic transformations anticipated as industries and job markets adapt to quantum innovations. Additionally, the paper discusses the ethical dilemmas and governance issues that arise, emphasizing the need for global cooperation in policy-making to manage the deployment of quantum computing technologies responsibly. The ultimate goal is to provide a comprehensive overview of the impending quantum era, suggesting pathways for integrating quantum computing into society while addressing the potential disparities it could exacerbate.
Abstract As quantum computing development advances closer toward achieving fault-tolerant error-corrected realisation, debates on applications, impacts, risks, and benefits of quantum computing are timely and due. While there is awareness of the potential power and complexity of quantum computers, there has been relatively little attention on the social impacts and ethical implications of this technology. In grappling with the social impacts of quantum computing, some stakeholders have turned to applied ethics, specifically (classical) computer and Artificial Intelligence (AI) ethics, for guidance. While computer and AI ethics are useful starting points for evaluating the ethical issues posed by quantum computing, uncritically applying existing sets of ethical principles risks overlooking how quantum computing differs from these technologies. We argue that borrowing of ethical principles and guidelines from AI and computing is inappropriate for several reasons: (1) quantum computing, classical computing, and AI are different technologies with significant material differences; (2) unlike AI and classical computers which have become established, quantum computing is an emerging technology, which has implications on the levels of accessibility and immediate impact in society; and (3) there are significant differences in the way AI and quantum computing have been developed and by whom. We also briefly summarise some of the unique risks and societ al impacts posed by quantum computing. We posit that these reasons support the argument for a new sub-field of quantum computing ethics, which would allow a relevant scholarship to develop and provide guidance as quantum computing technology continues to mature.
"The rapid advancement of quantum computing poses a significant threat to the cybersecurity of our increasingly digitized world. As quantum computers become more powerful and accessible, they have the potential to break many of the cryptographic algorithms that currently secure our sensitive data, financial transactions, and critical infrastructure. This looming “quantum threat” has far-reaching implications for individuals, organizations, and nation-states, as it could lead to widespread data breaches, economic disruption, and compromised national security. Despite the growing recognition of this risk, existing legal and regulatory frameworks are largely unprepared to address the unique challenges of quantum-enabled cyber threats. Moreover, the geopolitical implications of the quantum revolution are complex and multifaceted, with the potential to reshape the global balance of power and exacerbate technological inequalities. To mitigate these risks and promote quantum readiness, there is an urgent need for the international community to develop new legal frameworks and cooperative mechanisms that span technical, economic, legal, and political domains. This article provides an interdisciplinary analysis of the quantum threat to cybersecurity, examines its potential impacts across various sectors and international relations, and offers policy recommendations for developing a comprehensive global governance framework. By proactively addressing this challenge through multi-stakeholder collaboration and quantum-resistant solutions, we can work towards a more secure and resilient digital future in the face of this transformative technology. "
Quantum technology has resulted in the emergence of multiple opportunities and difficulties, not only in the realm of computation but also in the complex relationship that occurs between ethics and security. These chances and challenges have been brought about as a result of developing quantum computing (QC). The study also includes a discussion of the implications of these technologies. Additionally, it analyzes the challenges that are involved with the security of the quantum landscape, particularly with regard to quantum communication and cryptography. This is specifically addressed in the context of the quantum landscape. To achieve the synthesis of ethics and security in the quantum world, it is necessary to strike a careful balance between the two perspectives. In order to achieve this equilibrium, responsible research, ethical deployment, and efficient security systems should be given priority. Grasp the ethical and security implications of quantum technologies is becoming increasingly important as these technologies continue to disrupt the digital environment.
Quantum computing represents a paradigm shift in information technology with the potential to revolutionize information systems by offering unprecedented computational power. This study explores the role of quantum computing in transforming information systems through a qualitative approach, utilizing literature review and library research methodologies. The research investigates how quantum computing could address complex computational challenges that are currently beyond the capabilities of classical computers, including problems related to optimization, cryptography, and large-scale data analysis. The study also examines the opportunities that quantum computing presents, such as accelerated problem-solving and enhanced data security, alongside the challenges, including technical hurdles, high costs, and the need for new algorithms and hardware. By synthesizing insights from existing academic and industry sources, this paper provides a comprehensive overview of the current state of quantum computing, its potential impact on information systems, and the critical areas that require further research and development. The findings underscore the transformative potential of quantum computing while highlighting the significant obstacles that must be overcome to fully realize its benefits. This research contributes to a deeper understanding of how quantum computing could shape the future of information systems and informs stakeholders about the strategic considerations necessary for navigating this emerging technology.