Essentially, a fuzzy algorithm is an ordered sequence of instructions (like a computer program) in which some of the instructions may contain labels … - Lotfi A. Zadeh

It was a biologist — Ludwig von Bertalanffy — who long ago perceived the essential unity of system concepts and techniques in the various fields of science and who in writings and lectures sought to attain recognition for “general systems theory” as a distinct scientific discipline. It is pertinent to note, however, that the work of Bertalannfy and his school, being motivated primarily by problems arising in the study of biological systems, is much more empirical and qualitative in spirit than the work of those system theorists who received their training in exact sciences. In fact, there is a fairly wide gap between what might be regarded as “animate” system theorists and “inanimate” system theorists at the present time, and it is not at all certain that this gap will be narrowed, much less closed, in the near future. There are some who feel this gap reflects the fundamental inadequacy of the conventional mathematics—the mathematics of precisely defined points, functions, sets, probability measures, etc.—for coping with the analysis of biological systems, and that to deal effectively with such systems, we need a radically different kind of mathematics, the mathematics of fuzzy or cloudy quantities which are not describable in terms of probability distributions. Indeed the need for such mathematics is becoming increasingly apparent even in the realms of inanimate systems

I can't say that anything has been "exciting". Rather, I would choose the word "interesting". Not too long ago, the Chinese University of Hong Kong conducted a survey to determine which consumer products were using Fuzzy Logic. The result was a thick report, some 150-200 pages long-washing machines, camcorders, microwave ovens, etc. What interested me wasn't the particular applications so much as the breadth of applications-so many products were incorporating Fuzzy Logic.

[ Fuzzy logic is ] a logic whose distinguishing features are (i) fuzzy truth-values expressed in linguistic terms, e.g., true, very true, more or less true, or somewhat true, false, nor very true and not very false, etc2.; (2) imprecise truth tables; and (3) rules of inference whose validity is relative to a context rather than exact.