Intelligence is about finding algorithms for successful survival within a given environment. It's some sort of a meta-algorithm, although I have no idea if it's simple or not, but we can be sure it does exist.
> Let us know when you find it.
I can't think of any phenomenon less likely area to have a simple algorithm than intelligence.
Cf. Evolution.
Evolutions Are Stupid (But Work Anyway): http://www.overcomingbias.com/2007/11/evolutions-are-.html
I do not want to wait five billion years.
> I do not want to wait five billion years.
You're darn well gonna wait -- and LIKE it!
Fortunately, it takes significantly less time than that -- no more than three and a half billion years. Haha, and you were worried!
Intelligent Design does it in 6 days!
I can't think of any phenomenon less likely area to have a simple algorithm than intelligence.