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Machine learning (ML) is a sub-set of artificial intelligence (AI). It is generally understood as the ability of the system to make predictions or draw conclusions based on the analysis of a large historical data set.
The exponential increase in the availability of data, and unprecedented computing power for processing this data, have contributed to moving AI from fiction to fact.
AI means a lot of different things to different people and a wide range of terms are usually involved when talking about it. Broadly speaking, there are two levels of AI – specific/weak and general. Most business applications involving machine learning refer to weak AI. In order to make sense of the AI landscape, it can be helpful to learn what the different terms refer to.