Machine Learning vs Predictive Analytics

So I'm often getting asked "What is Machine Learning, and how is it different than Predictive Analytics?" As with any hot technology trend, Machine Learning has started to become a buzzword that is both misused and misunderstood. The right question is not "How is Machine Learning different than Predictive Analytics?", but rather "How can Machine Learning be used FOR Predictive Analysis, and how is it different than classical statistics?" In other words, Predictive Analytics is a use and Machine Learning is a technique. To answer this question, let's break down this question into it's component parts.