The document discusses how machine learning has the potential to deliver new value in three ways: by automating manual human tasks, augmenting human capability, and making the impossible possible. It provides examples of companies using technology to automate insurance claims processing, create scent sensors by combining biology and technology, and develop a next generation interface that silently captures commands. The document also examines emerging digital assistant platforms and how technology is transforming various aspects of daily life such as commuting, food, and exercise.