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With technology advancing at lightning speed, a computer and the human mind are working more and more in tandem. In order to facilitate this, programmers make use of a language called Natural Language Processing (NLP).
What is NLP?
Natural Language Processing (NLP) is a programming language that lies at the intersection of computer science and artificial intelligence. In essence, it is a means for computers and humans to interact in normal, or natural, language. There are many different applications of Natural Language Processing, such as voice assistants, digital assistants and more
Types of NLP
There are three major branches for application of Natural Language Processing. These are:
Business Applications of NLP
Natural Language Processing is now widely used by managers, executives and start-ups around the world. Here are some of the key business applications of Natural Language Processing:
Future of NLP in Business
Many companies are now incorporating Natural Language Processing into their day to day business operations. They make use of the code for a variety of different business functions and to enhance their bottom line.
However, the future of Natural Language Processing in business extends way beyond the language by itself. Instead, we see businesses and managers implementing Natural Language Processing along with Deep Learning Algorithms. The combination of the two allows computer systems to not only understand and implement human sentiment, but can also manipulate and control this sentiment whilst giving insights from current standings and further provide recommendations on how to improve. Deep Learning and Natural Language Processing applications for business are touted to expand outside just sentiment analysis or customer relationship management.
To understand more about Natural Language Processing and how it can help your business, check out the full video of the Mini Class Introduction to Natural Language Processing hosted by Salman Khan.
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