Does Big O Measure Memory Requirments Or Just Speed?

Question

I often here people talk about Big O which measures algorithms against each other

Does this measure clock cycles or space requirements.

If people want to contras

Answer 1

While normally algorithms compete on time, then I would normally assume that any O statement was time. However, it's perfectly valid to also compare space. O can be used for any measurement- we just normally use speed because it's normally the most important.