As AI continues to advance, natural language processing (NLP) is at the forefront, transforming how businesses interact with data. From chatbots to document analysis, NLP offers numerous applications. But with the advent of generative AI, professionals face new challenges: When is it appropriate to use traditional NLP techniques versus more advanced models? How do you balance the costs and benefits of these technologies? Explore the strategic decisions and practical applications of NLP in the modern business world.
Meri Nova is the founder of Break Into Data, a data careers company. Her work focuses on helping people switch to a career in data, and using machine learning to improve community engagement. Previously, she was a data scientist and machine learning engineer at Hyloc. Meri is the instructor of DataCamp's 'Retrieval Augmented Generation with LangChain' course.
In the episode, Richie and Meri explore the evolution of natural language processing, the impact of generative AI on business applications, the balance between traditional NLP techniques and modern LLMs, the role of vector stores and knowledge graphs, and the exciting potential of AI in automating tasks and decision-making, and much more.
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