[cwp]

Yup. Consider that all compression boils down to some form of a model that can predict the next bits of information, and then an encoding that only includes the deviation of the actual data from the prediction. Machine learning gives us new ways of making predictions.

[ArchStanton]

I'll have to look into it.

Given both the financial value of image compression (given the amount of video shoved down the net) and the asymmetry of codec (it's OK to use resources to compress, not so much for decompress), I'd expect some real money to be spent in this area.