Is Machine Learning Overhyped?

Machine learning is currently overhyped, but in the long term it will deliver dramatic improvements in our jobs, lives and societies. Organizations are getting disappointed that their investments in machine learning algorithms are not paying off because of their lack of understanding. Machine learning (ML) is an iceberg of massive proportions with a lot of potential to change the world if used correctly. Machine learning is a branch of artificial intelligence (AI) and computer science which focuses on the use of data and algorithms to imitate the way that humans learn, gradually improving its accuracy. Machine learning is an important component of the growing field of data science.