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What is algorithm: Concept, history, current situation, use cases and application scenarios?

  • An algorithm is a step-by-step procedure or set of rules designed to solve a specific problem or perform a computation.
  • The concept of algorithms dates back to ancient civilizations, and they have become a crucial part of technological advancements in various domains.
  • Today, algorithms are used in artificial intelligence, big data processing, cryptography, optimization, and quantum computing.
  • Algorithms have applications in search engines, e-commerce, healthcare, finance, transportation, social media, gaming, robotics, climate modeling, and cryptocurrency.

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