Paper presented at the AIP Conference Proceedings Vol.864 on Quantum Computation: Back Action, Edited by D. Goswami, held at IIT Kanpur, March 5-12, 2006. Open Access.Is the universe computable? If yes, is it computationally a polynomial place? In standard quantum mechanics, which permits infinite parallelism and the infinitely precise specification of states, a negative answer to both questions is not ruled out. On the other hand, empirical evidence suggests that NP-complete problems are intractable in the physical world. Likewise, computational problems known to be algorithmically uncomputable do not seem to be computable by any physical means. We suggest that this close correspondence between the efficiency and power of abstract algorith...