AI and analytics expert Scott Burk took a close look at the true nature of models and how they work in his first article in this series. He now turns his focus on algorithms, questioning what precisely they are, and what their key function is in many technical fields.

Talk about models has always abounded, especially in recent years. AI models, ML models, statistical models, and others. People often use these terms in a very general sense, but what is a model, actually? The world deals with models unconsciously, all the time. Without them, people would have a hard time navigating their way through life.