Although Machine Learning algorithms have been around since mid-20th century, this technology along with Deep Learning is the newest popular boy in town, with good reason. Due to recent advances in computing power and data availability, they're being more and more used to perform astonishing tasks.
In the last three years, data seems to be everywhere – there is no one who hasn’t heard about “Big data”. However, the key is not how large your datasets are, but the quality of the information you can extract from them.