Though a subset of Artificial Intelligence, ML, as it is known widely, is a subset of AI.
The use of ML means that computers are programmed to learn to carry out a task they are not programmed to. How do they do this? ML enables them to learn how to discover patterns and insights from data through supervised and unsupervised learning. Just like ML is a subset of AI, ML further has subsets such as neural networks, natural language processing (NLP), deep learning etc.
Each of these opens up a career field that is only going to grow with the passage of time. Studies have revealed the growth of the Machine Learning market by 2022 to $8.81 billion. Furthermore, ML applications are used for purposes such as data analytics, data mining and pattern recognition. ML powers web search results, real-time ads and network intrusion detection.
Going forward, Machine Learning jobs are going to pay really well with the median salary for someone knowing machine learning being $106,225 with jobs being that of engineers, developers, researchers and data scientists.