If you first discuss about the advantage then Artificial Intelligence will definitely be the path to success in the upcoming few years, usage of artificial intelligence has made hard work turn into smart work.

Machine learning is one of the applications of Artificial Intelligence. It provides the potentiality to automatically learn and improve from experience without being explicitly programmed.

Disadvantage of the above two would be such that because of evolution of AI and ML, the need of manpower has reduced. People can become jobless but both these branches still need years of development and improvement.

Good luck!!