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{{a| | {{a|design|}}{{d|Algorithm|/ˈalɡərɪð(ə)m/|n|}}A recipe, process or set of rules to be followed to achieve a pre-determined outcome, especially by a computer, a replicated organism or [[school-leaver in Bucharest]]. | ||
Well adumbrated by the Robert Fripp of Philosophy, Daniel Dennett: | |||
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{{algorithm definition dennett}}}} | |||
An [[algorithm]]’s success depends on all problems within its field of operation having been finally solved, so it can operate without obstruction or intervention from a guiding intelligent hand. Described by {{author|Daniel Dennett}} as a “universal acid”, the concept of the algorithm has certainly burned through ifs fair share of synapses in the [[management consultant|management consulting]] industry. The notion that the ''something'' of [[rice pudding and income tax]] might come from the ''nothing'' of primordial sludge, without a beneficent creator, is the basis behind the current dogmas of [[artificial intelligence]], and the belief that ''no'' intelligence, let alone [[subject matter expert]]ise, is needed to manage a [[complex]] process such as running an [[investment bank]]. | |||
Compare with a [[heuristic]]. | Compare with a [[heuristic]]. | ||
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Of particular interest in financial services: | Of particular interest in financial services: | ||
*[[High-frequency trading]] computers follow [[algorithm]]s faster and more reliably than a mortal trader could dream of; | *[[High-frequency trading]] computers follow [[algorithm]]s faster and more reliably than a mortal trader could dream of; | ||
*The | *The dogma of [[outsourcing]] is predicated on a [[playbook]]; a form of [[algorithm for the meatware]]. | ||
Also of great interest to [[evolution]]ary biologists, psychiatrists and philosophers: According to {{author|Daniel Dennett}}, the great (if unstated) insight of {{author|Charles Darwin}}’s {{br|The Origin of Species}} was that the evolutionary process was a mindless, algorithmic one, that could operate without intervention. This made him a household name ([[Daniel Dennett|Dennett]], not Darwin) when he published {{br|Darwin’s Dangerous Idea}}. | Also of great interest to [[evolution]]ary biologists, psychiatrists and philosophers: According to {{author|Daniel Dennett}}, the great (if unstated) insight of {{author|Charles Darwin}}’s {{br|The Origin of Species}} was that the evolutionary process was a mindless, algorithmic one, that could operate without intervention. This made him a household name ([[Daniel Dennett|Dennett]], not Darwin) when he published {{br|Darwin’s Dangerous Idea}}. | ||
{{sa}} | {{sa}} | ||
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*[[Substance and form]] | *[[Substance and form]] | ||
*[[Algorithm vs. heuristic]] - machine versus human | *[[Algorithm vs. heuristic]] - machine versus human | ||
{{c|Technology}} |