We are living in a world powered by AI and algorithms. From insurance premiums to police resource allocations to rocket launches, algorithms are working behind the scenes to determine the best outcomes. But what exactly are algorithms, machine learning, and artificial intelligence? Algorithms are automated instructions to solve specific and discrete problems. They are the computational building blocks. Both machine learning and artificial intelligence involve groups of algorithms, but they ha...

We are living in a world powered by AI and algorithms. From insurance premiums to police resource allocations to rocket launches, algorithms are working behind the scenes to determine the best outcomes. But what exactly are algorithms, machine learning, and artificial intelligence? Algorithms are automated instructions to solve specific and discrete problems. They are the computational building blocks. Both machine learning and artificial intelligence involve groups of algorithms, but they ha...