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The Algorithm Auction

The Algorithm Auction is a computer science topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand The Algorithm Auction rather than just read about it. In short: The Algorithm Auction is the world's first auction of computer algorithms. Created by Ruse Laboratories, the initial auction featured seven lots and was held at the Cooper Hewitt, Smithsonian Design Museum on March 27, 2015.

The Algorithm Auction — main illustration
The Algorithm Auction — illustration

Key takeaways

  • The Algorithm Auction belongs to computer science; place it in that map before memorising details.
  • Learn the definition first, then one example that makes the definition concrete.
  • Connect The Algorithm Auction to a quantity you can measure, compute or draw — that is where exam questions come from.
  • Reproduce the core statement of The Algorithm Auction from memory before moving on to harder problems.

Reference excerpt

The Algorithm Auction is the world's first auction of computer algorithms. Created by Ruse Laboratories, the initial auction featured seven lots and was held at the Cooper Hewitt, Smithsonian Design Museum on March 27, 2015. Five lots were physical representations of famous code or algorithms, including a signed, handwritten copy of the original Hello, World! C program by its creator Brian Kernighan on dot-matrix printer paper, a printed copy of 5,000 lines of Assembly code comprising the earliest known version of Turtle Graphics, signed by its creator Hal Abelson, a necktie containing the six-line qrpff algorithm capable of decrypting content on a commercially produced DVD video disc, and a pair of drawings representing OkCupid's original Compatibility Calculation algorithm, signed by the company founders. The qrpff lot sold for $2,500. Two other lots were “living algorithms,” including a set of JavaScript tools for building applications that are accessible to the visually impaired and the other was for a program that converts lines of software code into music. Winning bidders received, along with artifacts related to the algorithms, a full intellectual property license to use, modify, or open-source the code. All lots were sold, with Hello World receiving the most bids. Exhibited alongside the auction lots were a facsimile of the Plimpton 322 tablet on loan from Columbia University, and Nigella, an art-world facing computer virus named after Nigella Lawson and created by cypherpunk and hacktivist Richard Jones. Sebastian Chan, Director of Digital & Emerging Media at the Cooper–Hewitt, attended the event remotely from Milan, Italy via a Beam Pro telepresence robot.

Effects Following the auction, the Museum of Modern Art held a salon titled The Way of the Algorithm highlighting algorithms as "a ubiquitous and indispensable component of our lives."

References

Worked examples

Example 1 — a first encounter with The Algorithm Auction

Start with the simplest possible case. Write down what The Algorithm Auction claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In computer science, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to The Algorithm Auction before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about The Algorithm Auction ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of The Algorithm Auction

In research
The Algorithm Auction appears in computer science research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry
Engineering practice reuses The Algorithm Auction in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom
The Algorithm Auction is common in secondary-school and first-year university syllabi. It links to neighbouring topics 2015 in computing, Algorithms, Contexts for auctions, so understanding it makes those chapters shorter.
In everyday life
Look for The Algorithm Auction outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.
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How to study The Algorithm Auction in 20 minutes

  1. Read the reference excerpt below once, without taking notes.
  2. Close the page and write down what The Algorithm Auction means in your own words.
  3. Compare your version with the excerpt and mark what you missed.
  4. Work through the three examples above with pen and paper.
  5. Explain The Algorithm Auction out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is The Algorithm Auction in simple terms?

The Algorithm Auction is the world's first auction of computer algorithms. Created by Ruse Laboratories, the initial auction featured seven lots and was held at the Cooper Hewitt, Smithsonian Design Museum on March 27, 2015.

Why does The Algorithm Auction matter?

Because it connects several computer science ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study The Algorithm Auction?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on The Algorithm Auction.

Tags

  • 2015 in computing
  • Algorithms
  • Contexts for auctions

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