The Actual Difference Between Statistics and Machine Learning

Contrary to popular belief, machine learning has been around for several decades. It was initially shunned due to its large computational requirements and the limitations of computing power present at the time. However, machine learning has seen a revival in recent years due to the preponderance of data stemming from the information explosion. So, if machine learning and statistics are synonymous with one another, why are we not seeing every statistics department in every university closing down or transitioning to being a'machine learning' department? Because they are not the same!