Three things you need to know about machine learning

Machine learning is all the rage, and major improvements in infrastructure, data storage, and cloud adoption have led to growing interest in the space. Many consumer-facing advancements reside within Google and Facebook, but other companies are investing in the field as well. However, given all the excitement around machine learning, it's important to understand some of the nuances and mechanics of what machine learning is and how it works. As an investor at Redpoint Ventures, I have the privilege of learning from people and companies on the cutting edge of this technology. So, what is machine learning and artificial intelligence?