Natural Language Processing (NLP) is a field of study that focuses on enabling computers to understand and interpret human language. This article looks at five practical applications of NLP, including sentiment analysis, chatbots, machine translation, text summarization and speech recognition. These applications have the potential to revolutionize the way one communicates with technology, making it more natural, intuitive and user-friendly. NLP can be used to analyze text data to determine the sentiment of the writer toward a particular product, service or brand. This is used in applications such as social media monitoring, customer feedback analysis and market research. Sentiment research can assist investors in making more educated investment decisions.
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