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We need to accept that new-age technologies are becoming essential for us in every aspect. Be it in the business or our day-to-day activities, next-gen technologies are slowly but surely invading our natural world.

Data is the new oil’ was a famous quote given by Clive Humby in 2006, and we cannot agree more on this. With the ever-increasing amount of data, there is an acute need for Natural Language Processing (NLP).

NLP technology helps business organizations relate both human and machine forces together and optimally leverage their advantage. The technology that was first studied in the 1950s has now become one of the most dynamic fields of Artificial Intelligence. Moreover, as businesses have adopted chatbots and voice assistants, NLP technology has become even more prominent.

This article will help you understand the nuances of applications of natural language processing (NLP) and why it is crucial for the future.

What is Natural Language Processing?

With NLP, the machines can understand, analyze and gather apt meaning from human conversations. Moreover, it is also known as computational linguistics that allows us to talk to machines. The reason behind it is, NLP is a blend of two various technologies:

– Artificial Intelligence (AI)
– Machine Learning (ML)

Continue reading: Natural Language processing Applications without which the Future of Technology is Zero

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