Machine Learning is the New Statistics

I've been trying to think of a way to describe how big Machine Learning is, and I think I finally have a decent one: Because Statistics is the primary mechanism we've had for decades to learn about the world. That's what Machine Learning is (ML can be considered a subset of statistics) except its method of doing it is far more powerful. Most importantly, machine learning can…well, learn. It improves as it gets more data. With traditional Statistics you can potentially extract additional insights with more (and better) data, but the model for doing the analysis itself doesn't improve.