Pritzker touts quantum future, state senator urges caution for taxpayers

Pritzker touts quantum future, state senator urges caution for taxpayers

Spread the love

(The Center Square) – Gov. J.B. Pritzker is touting Illinois as a destination for quantum computing companies, but a state senator says it’s important to be conscious of taxpayers and ratepayers.

The governor spoke Thursday at the Quantum World Congress in Virginia and encouraged attendees to relocate to Chicago and Illinois.

“We have Duality, which is the nation’s first quantum startup accelerator,” Pritzker said. “We have the second-highest number of Fortune 500 companies, the customers for quantum, of any region in the nation.”

Pritzker said key quantum computing stakeholders are collaborating at the Illinois Quantum and Microelectronics Park in Chicago.

“Fortune 500 businesses and startups, government agencies, world-renowned researchers and scientists are coming together to do foundational work on quantum hardware and software applications,” Pritzker said.

State Sen. Sue Rezin, R-Morris, said quantum is incredibly important, but elected officials must be careful.

“It all depends on how the deals are negotiated,” Rezin told The Center Square. “We want to be conscious about the costs, especially on the ratepayers, on the taxpayers, very important.”

Illinois has given tens of millions of dollars in state tax incentives to quantum corporations.

Brian DeMarco is professor of physics and Director of the Illinois Quantum Information Science and Technology Center at the University of Illinois’ Grainger College of Engineering. He also serves as director and chief technology officer at Illinois Quantum and Microelectronics Park in Chicago.

DeMarco said quantum computers can solve problems that would take too long on any other supercomputer that could be built.

“Some of those types of problems are the types of problems related to balancing the energy grid and predicting what capacity is needed in what parts of the state,” DeMarco told The Center Square.

Rezin agreed that the quantum movement has arrived in Illinois.

“It is fair to say that, once it is built out, that many of the problems that we’ve been trying to solve in the past for decades might be able to be solved with quantum computing,” Rezin explained.

Leave a Comment





Latest News Stories

Report: PJM power grid electrification faces bumpy transition

Report: PJM power grid electrification faces bumpy transition

By Lauren Jessop | The Center Square contributorThe Center Square (The Center Square) – The nation’s power grid is entering a new era of soaring demand – the full extent...
Judge orders Trump to use emergency fund to disburse SNAP benefits

Judge orders Trump to use emergency fund to disburse SNAP benefits

By Andrew RiceThe Center Square A federal judge on Friday ordered the Trump administration to continue funding the Supplemental Nutrition Assistance Program, also known as food stamps, while a second...
Early morning vote advances Illinois’ 'Terminally Ill Patients Act,' sparks outcry

Early morning vote advances Illinois’ ‘Terminally Ill Patients Act,’ sparks outcry

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – A controversial bill allowing terminally ill patients in Illinois to self-administer life-ending medication passed the legislature...
91% of U.S. veterans concerned about food assistance amid shutdown

91% of U.S. veterans concerned about food assistance amid shutdown

By Brett RowlandThe Center Square About 91% of veterans said they were concerned about losing access to food assistance because of the federal government shutdown, with Supplemental Nutrition Assistance Program...
Indiana state police working with ICE at Illinois border to secure interstates

Indiana state police working with ICE at Illinois border to secure interstates

By Bethany Blankley | The Center Square contributorThe Center Square (The Center Square) – U.S. Immigration and Customs Enforcement officers continue to arrest hundreds of drivers on interstates who are...
Trump’s former National Security Adviser criticizes Ireland for ‘cozying up to China’

Trump’s former National Security Adviser criticizes Ireland for ‘cozying up to China’

By Tom JoyceThe Center Square Former U.S. National Security Adviser Robert O’Brien sharply criticized Ireland’s growing political split from the United States and its deepening ties to China in a...
WATCH: IL lawmakers pass consequential bills early Halloween

WATCH: IL lawmakers pass consequential bills early Halloween

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop powers through on...
Trump calls on Senate Republicans to nuke filibuster

Trump calls on Senate Republicans to nuke filibuster

By Thérèse BoudreauxThe Center Square With the ongoing government shutdown now entering its second month, President Donald Trump has had enough: he wants Senate Republicans to end the filibuster. “Majority...
FBI: 'Potential' Halloween terror plot foiled; multiple subjects arrested in Michigan

FBI: ‘Potential’ Halloween terror plot foiled; multiple subjects arrested in Michigan

By Sarah Roderick-FitchThe Center Square The FBI says it thwarted a possible terror attack, arresting several individuals in Michigan, according to Director Kash Patel. “This morning the FBI thwarted a...

WATCH: Trick or treat: IL legislators pass tax increase, decoupling bill early Friday

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois taxpayers are waking up Halloween morning to tax increases after the conclusion of fall veto session...

Noem refuses Pritzker enforcement pause request, IL passes sanctuary enhancement

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Both the executive and legislative branches of Illinois government have made attempts to address federal immigration enforcement...

WATCH: Energy bill opponents say increases IL electric bills by $8 billion passes

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois lawmakers have passed wide-ranging energy legislation, but opponents say it will lead to higher electricity bills....
WA Dems blame GOP for government shutdown; 1 million in state could lose SNAP benefits

WA Dems blame GOP for government shutdown; 1 million in state could lose SNAP benefits

By Carleen JohnsonThe Center Square U.S. Sen. Patty Murray, D-Wash., and Washington State Insurance Commissioner Patty Kuderer say it’s not Democrats, but Republicans, who are responsible for keeping the federal...
Illinois quick hits: IL taxpayers have highest pension debt obligations in U.S.

Illinois quick hits: IL taxpayers have highest pension debt obligations in U.S.

By Jim Talamonti | The Center SquareThe Center Square Report: Illinois taxpayers have highest pension debt obligations in U.S. According to a new Reason Foundation report reviewing over 300 public...
IL taxpayers to pay $20M for food banks as SNAP funding lapses start Saturday

IL taxpayers to pay $20M for food banks as SNAP funding lapses start Saturday

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois taxpayers are going to cover $20 million in food subsidies to food banks across the state....