Quantum and Cryptography Risks

What exactly is quantum computing? Why does it matter, and what would it actually mean to “win” the quantum race? Zach Yerushalmi, CEO of Elevate Quantum, a Mountain West–based public-private consortium advancing the U.S. quantum ecosystem, and Chris Miller join the podcast to discuss.

Our conversation covers…

• What Quantum Computing Actually Is — A primer on qubits, superposition, and why quantum computers aren’t “faster classical machines” but fundamentally different systems designed to simulate nature and solve specific classes of problems.

• Why Quantum Matters Now — Breakthroughs in error correction and hardware have shifted quantum from theory to an engineering race, with major implications for drug discovery, materials science, artificial intelligence, and cybersecurity.

• The Economic and National Security Stakes — Quantum’s potential impact on cryptography, advanced manufacturing, biotech, and defense makes it a strategic technology with an extremely small margin for error in global competition.

• From Science Project to Industrial Policy Challenge — The bottleneck is no longer just physics but scaling. Talent pipelines, fabrication capacity, supply chains, and the kinds of public-private partnerships needed to move from lab prototypes to deployable systems.

• What Winning Looks Like — Leadership isn’t just building the first powerful machine. It’s shaping standards, securing supply chains, protecting encryption, diffusing capabilities across industry, and sustaining innovation in a tight U.S.–China technological race.

Plus, the encryption stakes, the engineering bottlenecks, the race with China — and a reading list and job resources for those interested in the field.

Thanks to the Hudson Institute for sponsoring this episode.

Zach’s Quantum Technology Reading List:

• Quantum Computing Fundamentals: But What Is Quantum Computing? by 3Blue1Brown

• Quantum Computing Overview: The Map of Quantum Computing by Domain of Science

• Quantum Sensing: Atomic Advantage: Accelerating U.S. Quantum Sensing for Next-Generation PNT by CNAS

• The Quantum-Classical Divide: Are the Mysteries of Quantum Mechanics Beginning to Dissolve? by Philip Ball, Quanta Magazine (February 2026)

• Systems Engineering Bottlenecks: Computer Science Challenges in Quantum Computing: Early Fault-Tolerance and Beyond by Jens Palsberg et al., IEEE Quantum Week (2025)

Further reading if curious:

• When We Cease to Understand the World by Benjamín Labatut (2021)

• Introduction to Special Issue on the Early History of Nuclear Fusion by M. B. Chadwick and B. Cameron Reed, Fusion Science and Technology (2024)

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