No it shouldn't. The function you're talking about is typically called T(N), for "time". The problem is that you can't write T(N) = N^(1/3) because it's not exactly N^(1/3) -- for one thing, it's approximate up to a constant factor, and for another thing, it's only an upper bound. Big-O solves both of these issues: T(N) = O(N^(1/3)) means that the function T(N) grows at most as fast as N^(1/3) (i.e.: forms a relationship between the two functions T(N) and N^(1/3)). The "T(N) =" is often silent, since it's clear when we're talking about time, so at the end you just get O(N^(1/3)).