The document discusses decimation in time (DIT) and decimation in frequency (DIF) fast Fourier transform (FFT) algorithms. DIT breaks down an N-point sequence into smaller DFTs of even and odd indexed samples, recursively computing smaller and smaller DFTs until individual points remain. DIF similarly decomposes the computation but by breaking the frequency domain spectrum into smaller DFTs. Both algorithms reduce the computational complexity of computing the discrete Fourier transform from O(N^2) to O(NlogN) operations.