Understanding Earth's subsurface structures has been and continues to be an essential component of various applications such as environmental monitoring, carbon sequestration, and oil and gas exploration. By viewing the seismic volumes that are generated through the processing of recorded seismic traces, researchers were able to learn from applying advanced image processing and computer vision algorithms to effectively analyze and understand Earth's subsurface structures. In this paper, first, we summarize the recent advances in this direction that relied heavily on the fields of image processing and computer vision. Second, we discuss the challenges in seismic interpretation and provide insights and some directions to address such challenges using emerging machine learning algorithms.Keywords subsurface imaging and exploration, seismic interpretation, digital signal processing, machine learning, human visual system, visual analytics