There is one thing you have left out though; machine learning lowers barriers. It takes years to become a good statistical analyst, data engineer, or what have you. Now, I can train an AI to analyse the data and sure, when done right the results will be 90% as good as if I studied statistics for 10 years and did it myself, and yes there are pitfalls to be wary of, but now there are a lot of people with access to these tools that were previously out of reach.