An algorithm exists for converting a DFA or NFA into a regular expression by utilizing a GNFA (generalized nondeterministic finite automaton). The process involves adding start and end states to the NFA, followed by collapsing states until only one transition remains, which represents the regular expression. In this method, arrows between states are replaced with regular expressions, allowing for the simplification of multiple transitions into a single one. The iterative process continues until only the start and end states remain, at which point the regular expression can be extracted. This approach effectively transforms the automaton into a format that directly expresses the language it recognizes.