Algorithmic information theory | Wikipedia audio article

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SUMMARY
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Algorithmic information theory is a subfield of information theory and computer science that concerns itself with the relationship between computation and information. According to Gregory Chaitin, it is "the result of putting Shannon's information theory and Turing's computability theory into a cocktail shaker and shaking vigorously."Algorithmic information theory principally studies complexity measures on strings (or other data structures). Because most mathematical objects can be described in terms of strings, or as the limit of a sequence of strings, it can be used to study a wide variety of mathematical objects, including integers.
The theory was founded by Ray Solomonoff, who published the basic ideas on which the field is based as part of his invention of algorithmic probability—a way to overcome serious problems associated with the application of Bayes' rules in statistics. He first described his results at a Conference at Caltech in 1960, and in a report, February 1960, "A Preliminary Report on a General Theory of Inductive Inference."Algorithmic information theory was later developed independently by Andrey Kolmogorov, in 1965 and Gregory Chaitin, around 1966. There are several variants of Kolmogorov complexity or algorithmic information; the most widely used one is based on self-delimiting programs and is mainly due to Leonid Levin (1974).
Per Martin-Löf also contributed significantly to the information theory of infinite sequences. An axiomatic approach to algorithmic information theory based on the Blum axioms (Blum 1967) was introduced by Mark Burgin in a paper presented for publication by Andrey Kolmogorov (Burgin 1982). The axiomatic approach encompasses other formulations.