The human brain is an unbelievably complex structure that performs highly complex tasks effortlessly. The functioning of the brain is so intricate, that we will probably never be able to understand it completely. With Artificial Intelligence growing by leaps and bounds today, we are probably closer than we were before in enabling systems to mimic the human brain, at least in small parts. Language or Speech is one such complex process that the brain performs with ease. Integration of AI with Natural Language Processing (NLP), mimicking this complex function of the brain has become somewhat possible.
Talking about the benefits and applications of Natural Language Processing, it is emerging as a robust solution for data extraction or data interpretation these days. With rising amounts of unstructured data in the corporate world, the utilization of Natural Language Processing can transform operations completely. So, let us learn what is Natural language processing information extraction and why people think that it is the next big thing in the professional space.