The document discusses the Fast Fourier Transform (FFT) algorithm.
1) The FFT is a set of techniques that exploits symmetries in the Discrete Fourier Transform (DFT) to make its computation much faster. The speedup increases with larger DFT sizes.
2) The Cooley-Tukey algorithm decomposes an N-point DFT into smaller DFTs by splitting the indices, resulting in an algorithm that is proportional to NlogN operations rather than N^2.
3) The algorithm can be represented as a series of "butterfly" operations, with each butterfly requiring only 2 multiplications. This reduces the number of multiplications needed compared to direct computation of the DFT.