I agree that Rusell and Norvig AI doesn't have much penetration yet. As for Elements of Statistical Learning...
That's the canonical textbook for ML. If industry relies on splines, boosting, and support vector machines, then it is really not that far from modern academic ML research.
/slightly bitter former "academic AI" student.
It's not really Academic vs Industry, though. It is Agents and Logic vs Statistics.
The standard text is Elements of Statistical Learning. It is a grad-level and mostly theory. For goofing around in Python, Programming Collective Intelligence