With computer power being doubled every 18 months as Moore's Law states, why do I care about algorithm efficiency as long as the algorithm is accurate?
Waaa, well let's look at the following real testing benchmark run on Intel Core-i7 2.8GHz
              Table 1.  Typical Algorithm Performance Benchmark (in second)
----------------+--------------+--------------+-----------+-----------+----------+------------+------------+---------------------
Size of problem | BinarySearch | LinearSearch | QuickSort | MergeSort | HeapSort | InsertSort | BubbleSort |    Hanoi Tower
           (n)  |   O(logn)    |     O(n)     |  O(nlogn) |  O(nlogn) | O(nlogn) |   O(n^2)   |   O(n^2)   |       O(2^n)     
----------------+--------------+--------------+-----------+-----------+----------+------------+------------+---------------------
           10   |     ~0       |      ~0      |    ~0     |    ~0     |    ~0    |      ~0    |     ~0     |   0.001 / 0.5 hour*   
           20   |     ~0       |      ~0      |    ~0     |    ~0     |    ~0    |      ~0    |     ~0     |   0.076 /  12 days*
           32   |     ~0       |      ~0      |    ~0     |    ~0     |    ~0    |      ~0    |     ~0     | 175.171 / 136 years*
----------------+--------------+--------------+-----------+-----------+----------+------------+------------+---------------------
        1,000   |     ~0       |     0.000    |   0.000   |   0.001   |   0.001  |     0.007  |     0.008  |
       10,000   |     ~0       |     0.000    |   0.015   |   0.003   |   0.008  |     0.022  |     0.166  |
      100,000   |     ~0       |     0.000    |   0.023   |   0.034   |   0.024  |     1.505  |    16.119  |
    1,000,000   |     ~0       |     0.001    |   0.151   |   0.202   |   0.214  |   151.941  | 1,598.389  |
----------------+--------------+--------------+-----------+-----------+----------+------------+------------+---------------------
   10,000,000   |    0.000     |     0.005    |   1.543   |   2.012   |   3.123  |17,736.500  |            |
  100,000,000   |    0.000     |     0.042    |  17.382   |  22.152   |  46.136  |            |            |
1,000,000,000   |    0.000     |     0.372    |           |           |          |            |            |
----------------+--------------+--------------+-----------+-----------+----------+------------+------------+---------------------
* Note: If it were done by human with moving speed of 1 disk per second.