We study the logical relation of the P-NP separation conjecture in the Blum-Shub-Smale-model over the complex numbers with the P-NP separation conjecture in Valiant’s algebraic model. This amounts to comparing Hilbert’s Nullstellensatz Problem, that is, deciding feasibility of a given system of polynomial equations over the complex numbers, with the problem of evaluating the permanent of a given complex matrix. We compare the respective uniform models of computations and prove that in the Blum-Shub-Smale-model over implies the separation of the uniform versions of Valiant’s constant-free complexity classes over . For the nonuniform models we show the analogous implication: the separation of the nonuniform, constant-free Blum-Shub-Smale classes over implies the separation of Valiant’s constant-free complexity classes over . In the reverse direction, we conjecture that implies that .

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