Fine-Grained Reductions and Quantum Speedups for Dynamic Programming

This paper points at a connection between certain (classical) fine-grained reductions and the question: Do quantum algorithms offer an advantage for problems whose (classical) best solution is via dynamic programming? A remarkable recent result of Ambainis et al. [SODA 2019] indicates that the answer is positive for some fundamental problems such as Set-Cover and Travelling Salesman. They design a quantum O^*(1.728^n) time algorithm whereas the dynamic programming O^*(2^n) time algorithms are conjectured to be classically optimal. In this paper, fine-grained reductions are extracted from their algorithms giving the first lower bounds for problems in P that are based on the intriguing Set-Cover Conjecture (SeCoCo) of Cygan et al. [CCC 2010]. In particular, the SeCoCo implies: - a super-linear Omega(n^{1.08}) lower bound for 3-SUM on n integers, - an Omega(n^{k/(c_k)-epsilon}) lower bound for k-SUM on n integers and k-Clique on n-node graphs, for any integer k >= 3, where c_k <= log_2{k}+1.4427. While far from being tight, these lower bounds are significantly stronger than what is known to follow from the Strong Exponential Time Hypothesis (SETH); the well-known n^{Omega(k)} ETH-based lower bounds for k-Clique and k-SUM are vacuous when k is constant. Going in the opposite direction, this paper observes that some "sequential" problems with previously known fine-grained reductions to a "parallelizable" core also enjoy quantum speedups over their classical dynamic programming solutions. Examples include RNA Folding and Least-Weight Subsequence

Quantum computing for finance

Quantum computers are expected to surpass the computational capabilities of classical computers and have a transformative impact on numerous industry sectors. We present a comprehensive summary of the state of the art of quantum computing for financial applications, with particular emphasis on stochastic modeling, optimization, and machine learning. This Review is aimed at physicists, so it outlines the classical techniques used by the financial industry and discusses the potential advantages and limitations of quantum techniques. Finally, we look at the challenges that physicists could help tackle