1. An algorithm is a set of very specific instructions How to bake a cake, find the sum of two plus two, or even run a country according to the U.S. Constitution are all examples of algorithms. Why?

An algorithm is instructed to take a set of values (for example, numbers) and find a specific value (such as the number 7). The algorithm uses its built-in rules to organize the set of numbers ...

The algorithm will expand to all languages in which Google offers Search, but there is no set timeline, yet, said Google’s Danny Sullivan.

AI algorithms can analyze transactions in real time, detect anomalies and patterns that may indicate fraudulent activities, and alert banks to take appropriate actions. An example of fraud ...

Algorithms are proprietary though, and monopolistic within their context (a customer can’t select the algorithm they want to use to assess their credit, for instance).

The news is full of these examples, ranging from computer-judged beauty contests that took points off for dark skin to AI-driven recruiting algorithms that were biased against women.