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In this video, data scientist Stress guides viewers through a small NLP project focused on extracting key information from job descriptions. Key elements include education, skills, experience, soft skills, responsibilities, language, and domain. Natural Language Processing (NLP), a branch of machine learning alongside computer vision and predictive analytics, involves extracting insights from human language. When referring to written language, it is termed text analytics, while spoken language is known as speech analytics. The three main concepts of NLP are NLP itself, Natural Language Understanding (NLU), and Natural Language Generation (NLG). NLP applications include machine translation, topic detection, and text similarity analysis.
