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This question is about machine learning statistics.
No, machine learning will not replace statistics. Statisticians focus on taking a large amount of data and separating it into smaller sets of data, also known as "statistics." Their goal is to figure out how to collect and translate data into usable information.
The goal of machine learning, on the other hand, is to create predictions based on past data. These predictions include things like whether or not a bank transaction is legitimate or whether or not a customer is going to want to see a specific ad.
While machine learning and statistics both use data, they use it for different things, which means one will not replace the other.

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