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An evolutionary algorithm is an evolutionary AI-based computer application that solves problems by employing processes that mimic the behaviors of living things. As such, it uses mechanisms that are typically associated with biological evolution, such as reproduction, mutation and recombination.
Evolutionary algorithms function in a Darwinian-like natural selection process; the weakest solutions are eliminated while stronger, more viable options are retained and re-evaluated in the next evolution—with the goal being to arrive at optimal actions to achieve the desired outcomes.
Multiple business benefits are associated with evolutionary algorithms, including: