What are common applications of NLP in business?

The question is about NLP

Answer:

Common applications include:
1. Customer support: Chatbots and virtual assistants.
2. Sentiment analysis: Understanding customer feedback.
3. Document processing: Automating data extraction from contracts or invoices.
4. Market analysis: Monitoring trends through social media and news sentiment.
5. Personalized marketing: Analyzing user behavior for tailored content recommendations.

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