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Incremental improvements across the hardware and software stacks add up.
There's a general consensus that we won't be able to consistently perform sophisticated quantum calculations without the development of error-corrected quantum computing, which is unlikely to arrive until the end of the decade. It's still an open question, however, whether we could perform limited but useful calculations at an earlier point. IBM is one of the companies that's betting the answer is yes, and on Wednesday, it announced a series of developments aimed at making that possible.
On their own, none of the changes being announced are revolutionary. But collectively, changes across the hardware and software stacks have produced much more efficient and less error-prone operations. The net result is a system that supports the most complicated calculations yet on IBM's hardware, leaving the company optimistic that its users will find some calculations where quantum hardware provides an advantage.
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