Larry Hardesty in MIT News:
In fact, in a 2002 poll, 61 mathematicians and computer scientists said that they thought P probably didn’t equal NP, to only nine who thought it did — and of those nine, several told the pollster that they took the position just to be contrary. But so far, no one’s been able to decisively answer the question one way or the other. Frequently called the most important outstanding question in theoretical computer science, the equivalency of P and NP is one of the seven problems that the Clay Mathematics Institute will give you a million dollars for proving — or disproving. Roughly speaking, P is a set of relatively easy problems, and NP is a set of what seem to be very, very hard problems, so P = NP would imply that the apparently hard problems actually have relatively easy solutions. But the details are more complicated.
Computer science is largely concerned with a single question: How long does it take to execute a given algorithm? But computer scientists don’t give the answer in minutes or milliseconds; they give it relative to the number of elements the algorithm has to manipulate.
Imagine, for instance, that you have an unsorted list of numbers, and you want to write an algorithm to find the largest one.