Explore a thought-provoking lecture on the power of machine learning and big data in this 1-hour 17-minute talk by Peter Norvig at the Santa Fe Institute. Delve into how computers can leverage vast amounts of online information to perform tasks like spelling correction, language translation, and facial recognition with human-like accuracy. Discover the potential of learning from examples rather than traditional programming methods, and gain insights into how machines can process and utilize billions of web pages, images, and videos to achieve remarkable results in various applications.