All answers are excellent. But on the top of that, I would like to share an example.

Below is a little cpp program:

#include <iostream>

int x;

int main(){
    char buf[50];
    x = 8;

    if(x == 8)
        printf("x is 8\n");
    else
        sprintf(buf, "x is not 8\n");
    
    x=1000;
    while(x > 5)
        x--;
    return 0;
}

Now, lets generate the assembly of the above code (and I will paste only that portions of the assembly which relevant here):

The command to generate assembly:

g++ -S -O3 -c -fverbose-asm -Wa,-adhln assembly.cpp

And the assembly:

main:
.LFB1594:
    subq    $40, %rsp    #,
    .seh_stackalloc 40
    .seh_endprologue
 # assembly.cpp:5: int main(){
    call    __main   #
 # assembly.cpp:10:         printf("x is 8\n");
    leaq    .LC0(%rip), %rcx     #,
 # assembly.cpp:7:     x = 8;
    movl    $8, x(%rip)  #, x
 # assembly.cpp:10:         printf("x is 8\n");
    call    _ZL6printfPKcz.constprop.0   #
 # assembly.cpp:18: }
    xorl    %eax, %eax   #
    movl    $5, x(%rip)  #, x
    addq    $40, %rsp    #,
    ret 
    .seh_endproc
    .p2align 4,,15
    .def    _GLOBAL__sub_I_x;   .scl    3;  .type   32; .endef
    .seh_proc   _GLOBAL__sub_I_x

You can see in the assembly that the assembly code was not generated for sprintf because the compiler assumed that x will not change outside of the program. And same is the case with the while loop. while loop was altogether removed due to the optimization because compiler saw it as a useless code and thus directly assigned 5 to x (see movl $5, x(%rip)).

Now, in the assembly.cpp, change int x; to volatile int x; and quickly see the assembly code generated:

main:
.LFB1594:
    subq    $104, %rsp   #,
    .seh_stackalloc 104
    .seh_endprologue
 # assembly.cpp:5: int main(){
    call    __main   #
 # assembly.cpp:7:     x = 8;
    movl    $8, x(%rip)  #, x
 # assembly.cpp:9:     if(x == 8)
    movl    x(%rip), %eax    # x, x.1_1
 # assembly.cpp:9:     if(x == 8)
    cmpl    $8, %eax     #, x.1_1
    je  .L11     #,
 # assembly.cpp:12:         sprintf(buf, "x is not 8\n");
    leaq    32(%rsp), %rcx   #, tmp93
    leaq    .LC0(%rip), %rdx     #,
    call    _ZL7sprintfPcPKcz.constprop.0    #
.L7:
 # assembly.cpp:14:     x=1000;
    movl    $1000, x(%rip)   #, x
 # assembly.cpp:15:     while(x > 5)
    movl    x(%rip), %eax    # x, x.3_15
    cmpl    $5, %eax     #, x.3_15
    jle .L8  #,
    .p2align 4,,10
.L9:
 # assembly.cpp:16:         x--;
    movl    x(%rip), %eax    # x, x.4_3
    subl    $1, %eax     #, _4
    movl    %eax, x(%rip)    # _4, x
 # assembly.cpp:15:     while(x > 5)
    movl    x(%rip), %eax    # x, x.3_2
    cmpl    $5, %eax     #, x.3_2
    jg  .L9  #,
.L8:
 # assembly.cpp:18: }
    xorl    %eax, %eax   #
    addq    $104, %rsp   #,
    ret 
.L11:
 # assembly.cpp:10:         printf("x is 8\n");
    leaq    .LC1(%rip), %rcx     #,
    call    _ZL6printfPKcz.constprop.1   #
    jmp .L7  #
    .seh_endproc
    .p2align 4,,15
    .def    _GLOBAL__sub_I_x;   .scl    3;  .type   32; .endef
    .seh_proc   _GLOBAL__sub_I_x

Here you can see that the assembly codes for sprintf, printf and while loop were generated. The advantage is that if the x variable is changed by some external program or hardware, sprintf part of the code will be executed. And similarly while loop can be used for busy waiting now.