When I think of the word 'computation' - my mind jumps to lambda calculus or operations on a state machine representing a CPU. It is quite a broad definition.
Now some people talk about monads as 'representing a unit of a computation'.
But if we consider the identity monad - this is a 'reference to the computation'. But ultimately we're almost certainly talking about functional programming. We're using functions. We use functions to transform data. So where does this fancy language come from?
My question is: When we say a monad 'encapsulates a computation' - is this just saying 'wraps a functional transformation of data'?