The market for Natural Language Processing (NLP), which is expected to be nearly 14 times bigger than 2017 by 2025, could grow almost 14-fold by 2025. From the 2017 three billion, it is projected to reach nearly 43 billion by 2025. The need to invest in NLP channels has increased as technology advances and more sophisticated equipment is available.
Artificial Intelligence (AI) is responsible for Natural Language Processing. This allows computers to analyze, interpret, and use human language. Email filters, smart assistants, language translations are some examples of common examples.
You must develop digital vocabulary using raw data, just like a toddler teaches the alphabet. These NLP algorithms are worth learning for your work.
1. Text summarization
NLP is used to reduce large amounts of text into manageable units. Text summarization is a great tool for news, research, headline generation, and reports. This approach can be used in two ways. Extraction Based Summarization is the first. This allows you to extract keywords and phrases from the source text to reduce the length of your document. Abstraction Based Summarization is the second. This allows you to create new sentences and phrases from the source text in order to highlight the main idea. It is difficult to summarise data manually. To make your data more efficient, you can use an AI-powered text summarization algorithm to speed up the process.
2. Tokenization
Tokenization is a simple method that breaks down longer texts into smaller chunks known as tokens. These tokens can be words, numbers, or symbols. Tokenization’s primary purpose is to transform unstructured data into identifiable, understandable elements.
It is very easy to tokenize on Python. However, as a data scientist, tools such as NLTK, Whitespace, and Gensim are necessary to create tokens. Tokenization is not compatible with languages other than English. Because NLP can’t pick up complex morphology, this is why tokenization has one downside.
3. Stop Using Words
Filler words such as connectors can be used in punctuation or grammar. These can be used to connect sentences, as well as conjunctions and prepositions. These words can be used to create a rich conversation but they are not useful for NLP. However, it is important to understand the context of the model that you are designing before you eliminate any stop words.
These words may be needed for text summarization, which brings the content closer to its source material. A model such as text classification does not necessarily need stop words. Your data must be categorized and shaped into appropriate definitions. Many digital tools can be used to remove stop words such as SpaCy and NLTK.
4. Word Embedding
Written data cannot be entered into a machine learning model because it contains words. Before you can input data, you must convert the words into numerical digits. To represent text data, you can use word embedding.
Word embedding uses vectors which represent the word as a number. Vectors that are produced from texts with similar morphology will be closely related. The vectors created from the words will either be a real vector or a coordinate that fits into a predefined area and has infinite dimensions. To help with word embeddings, you can create a database. BERT, ELMO and Word2Vec are some common examples.
5. Keyword extraction
Keywords are the central point of any data or document. They are the central idea of the text and can be used to help you categorize it. The NLP technique for keyword extraction is useful when you have large amounts of data. However, it can be difficult to read every sentence carefully to locate the keyword. This model extracts the relevant keyword from the data you provide. It provides valuable insights. This saves time and allows you to submit the document for text summarization.
Your AI strategy as a data scientist is useful for businesses looking at corporate reports to find out about consumer reaction and business performance. Rake NLTK and YAKE are the most commonly used tools to make an extraction easier.
Last Thoughts
Constantly, data is being produced all around you. Raw data is not useful unless it is processed and analyzed, which leads to NLP. This branch of Artificial Intelligence can be a valuable resource for data scientists. This allows you to interpret human language and make it understandable to computers. To give data a specific shape, you must be familiar with NLP techniques.
Text summarization reduces the text to a smaller amount of information. Tokenization is next, which is the building block that breaks down the data. Stop Word Removal allows you to examine and remove fillers from computer language. Word embedding transforms text into vectors which can then be transformed into algorithms. Keyword extraction is the final step. It focuses on the central theme and zeroes in on the word that best describes the purpose of your data.
