What is the difference between heuristics and algorithms?

Can you explain the difference between heuristics and algorithms?

Sure! Heuristics are problem-solving methods that use practical approaches and shortcuts to find solutions, while algorithms are step-by-step procedures or formulas for solving a problem.

Can you give me an example of each?

Of course! An example of a heuristic is the 'rule of thumb' approach, like estimating a budget. An algorithm example is a mathematical formula for calculating the area of a circle.

When should I use heuristics instead of algorithms?

You should use heuristics when you need a quick solution and time is limited, while algorithms are better for precise and systematic problem-solving.

Are there any downsides to using heuristics?

Yes, heuristics can lead to biases and errors in judgment, as they simplify complex problems and may overlook important details.