Dimensional reduction of eleven-dimensional supergravity to zero spacetime dimensions is expected to give a theory characterized by the hidden symmetry algebra E(11), the end-point of the Cremmer-Julia prediction for the sequence of dimensional reductions of 11d supergravity to spacetime dimensions. In recent work, we have given a prescription for the spacetime reduction of a supergravity-Yang-Mills Lagrangian with large N flavor symmetry such that the local symmetries of the continuum Lagrangian are preserved in the resulting reduced matrix Lagrangian. This new class of reduced matrix models are the basis for a nonperturbative proposal for M theory we have described in <a href="/abs/hep-th/0408057">hep-th/0408057</a>. The matrix models are also characterized by hidden symmetry algebras in precise analogy with the Cremmer-Julia framework. The rank eleven algebra E(11) is also known as the very-extension of the finite-dimensional Lie algebra E(8). In an independent stream of work (<a href="/abs/hep-th/0402140">hep-th/0402140</a>), Peter West has provided evidence which supports the conjecture that M theory has the symmetry algebra E(11), showing that it successfully incorporates both the 11d supergravity limit, as well as the 10d type IIA and type IIB supergravities, and inclusive of the full spectrum of Neveu-Schwarz and Dirichlet pbranes. In this topical review, we give a pedagogical account of these recent developments also providing an assessment of the insights that might be gained from linking the algebraic and reduced matrix model perspectives in the search for M theory. Necessary mathematical details are covered starting from the basics in the appendices.
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