Earlier quoted context omitted.
another point is that Linear Regression IS Machine/statistical Learning. Sure its been around for more than 100 years before computation, but regression algorithms are learning algorithms. Arguing for more linear regression to solve a firms problems, is equivalent to arguing for machine learning. Now, if instead he wanted to argue that the vast majority of a businesses prediction problems can be solved by simple algo…
If we're classing linear regression as machine learning and agreeing it's a representative example of the type of simple algorithm that's most likely to benefit firms, I think it probably helps his point rather than harming it. It's a technique that's been around for ages, is far from arcane knowledge and every business has had the computing capability to run useful linear regressions on various not-particularly-huge…
LR and general regression schemes are captured in supervised learning methods. So yes, the systems use linear regression as a fundamental attribute but build on them significantly.