Sentiment analysis

Markets blow up, so ‘the best prep is to have a plan to buy fear and sell euphoria’ — Veteran trader

August 6, 2024 Coin Telegraph

How to detect fake news with natural language processing

August 2, 2023 Coin Telegraph

Unravel the power of NLP in spotting fake news with various techniques and real-world examples.

The sheer volume of information produced every day makes it difficult to distinguish between real and fake news, but advances in natural language processing (NLP) present a possible solution.

In today’s digital era, the spread of information via social media and internet platforms has given people the power to access news from many different sources. The growth of fake news, meanwhile, is a drawback of this independence. Fake news is inaccurate information that has been purposefully spread to confuse the public and undermine confidence in reputable journalism. Maintaining an informed and united global community requires identifying and eliminating fake news.

NLP, a subfield of artificial intelligence, gives computers the capacity to comprehend and interpret human language, making it a crucial tool for identifying deceptive information. This article examines how NLP can be used to identify fake news and gives examples of how it can be used to unearth misleading data.

Sentimental analysis

To identify bogus news, sentiment analysis using NLP can be an effective strategy. NLP algorithms can ascertain the intention and any biases of an author by analyzing the emotions displayed in a news story or social media post. Fake news frequently preys on readers’ emotions by using strong language or exaggeration.

Extracting opinion phrases from user reviews with Stanford CoreNLP http://t.co/t6VIzfNRfz #machinelearning #nlp pic.twitter.com/RHiTl40Q7c
— Julian Hillebrand (@JulianHi) September 11, 2014

A news item covering a political incident, for instance, can be identified by an NLP-based sentiment analysis model as being significantly biased in favor of a specific party and using emotionally charged language to affect public opinion.

Semantic analysis and fact-checking

To confirm the accuracy of the material, fact-checking tools driven by NLP can analyze the content of a news piece against reliable sources or databases. By highlighting inconsistencies and contradictions that can point to fake news, semantic analysis aids in understanding the meaning and context of the language that is being used.

An NLP-based fact-checking system, for instance, can instantly cross-reference a news article’s assertion that a well-known celebrity endorses a contentious product with reliable sources to ascertain its veracity.

Named entity recognition (NER)

In NLP, named entity recognition (NER) enables computers to recognize and categorize particular entities referenced in a text, such as individuals, groups, places or dates. By identifying significant players, fake news can be debunked by discovering contradictions or made-up information.

Named Entity Recognition (NER) identifies and classifies entities in text.

You can extract structured information for information retrieval and knowledge management.
— Simform (@simform) July 31, 2023

Examples of nonexistent organizations or locales that NER algorithms may highlight as potential signs of false news are mentions in news articles about purported environmental disasters.

Recognizing sensationalism and clickbait

NLP models may be trained to spot sensationalized language and clickbait headlines, both of which are characteristics of fake news. These methods can assist in filtering out false information and ranking trustworthy news sources.

For instance, sensational phrases and inflated claims that frequently accompany clickbait articles can be found by analyzing headlines and content using an NLP-powered algorithm.

Assessing the reliability of the source

NLP methods are capable of analyzing historical information on news organizations, such as their standing, reliability and historical reporting accuracy. This data can be used to evaluate the validity of fresh content and spot potential fake news sources.

For instance, an NLP-powered system may evaluate the legitimacy of a less well-known website that published a startling news report before deeming the content reliable.

5 real-world applications of natural language processing (NLP)

April 25, 2023 Coin Telegraph

chatbots

Chatbots, sentiment analysis, speech recognition, text summarization and machine translation are some examples of real-world applications of NLP.

Natural language processing (NLP) is a field of study that focuses on enabling computers to understand and interpret human language. NLP involves applying machine learning algorithms to analyze and process natural language data, such as text or speech.

NLP has recently been incorporated into a number of practical applications, including sentiment analysis, chatbots and speech recognition. NLP is being used by businesses in a wide range of sectors to automate customer care systems, increase marketing initiatives and improve product offers.

Specifically, this article looks at sentiment analysis, chatbots, machine translation, text summarization and speech recognition as five instances of NLP in use in the real world. 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.

A common use of NLP is sentiment analysis of the stock market, in which investors and traders examine social media sentiment on a particular stock or market. An investor, for instance, can use NLP to examine tweets or news stories about a specific stock to ascertain the general attitude of the market toward that stock. Investors can determine whether these sources are expressing positive or negative opinions about the stock by studying the terminology used in these sources.

By supplying information on market sentiment and enabling investors to modify their strategies as necessary, sentiment research can assist investors in making more educated investment decisions. For instance, if a stock is receiving a lot of positive sentiment, an investor may consider buying more shares, while negative sentiment may prompt them to sell or hold off on buying.

Can ChatGPT beat the stock market?

I used ChatGPT and programmed a script to read stock news, perform sentiment analysis, and then message me the results on Telegram every morning before the stock market opens. pic.twitter.com/heB3pGPwC0
— MARK LITTON (@mblitton) April 21, 2023

Chatbots

NLP can be used to build conversational interfaces for chatbots that can understand and respond to natural language queries. This is used in customer support systems, virtual assistants and other applications where human-like interaction is required.

A chatbot like ChatGPT that can help consumers with their account questions, transaction histories and other financial questions might be created by a financial institution using NLP. Customers can easily obtain the information they require thanks to the chatbot’s ability to comprehend and respond to natural language questions.

Machine translation

NLP can be used to translate text from one language to another. This is used in applications such as Google Translate, Skype Translator and other language translation services.

Now you're speaking my language (literally)
How Skype translator works#InternetOfThings #ArtificialIntelligence #DeepLearning #MachineLearning #DataScience #BigData #Industry40 #Cloud #Blockchain pic.twitter.com/TpvGOPXptf
— JL_Micó (@JL_Mico) August 24, 2018

Similarly, a multinational corporation may use NLP to translate product descriptions and marketing materials from their original language to the languages of their target markets. This allows them to communicate more effectively with customers in different regions.

Text summarization

NLP can be used to summarize long documents and articles into shorter, concise versions. This is used in applications such as news aggregation services, research paper summaries and other content curation services.

NLP can be used by a news aggregator to condense lengthy news stories into shorter, easier-to-read versions. Without having to read the entire article, readers can immediately receive a summary of the news thanks to text summarization.

Speech recognition

NLP can be used to convert spoken language into text, allowing for voice-based interfaces and dictation. This is used in applications such as virtual assistants, speech-to-text transcription services and other voice-based applications.

A virtual assistant, such as Alexa from Amazon or Assistant from Google, uses NLP to comprehend spoken instructions and answer questions in natural language. Instead of having to type out commands or inquiries, users may now converse with the assistant by speaking.

Here’s a list of countries that love the metaverse the most

February 9, 2023 Coin Telegraph

Coin Telegraph

56.8% of metaverse-related tweets coming from Vietnam were positive sentiments that show support for the concept.

A recent analysis of more than a million tweets showed a list of countries that love and hate the metaverse, with Vietnam showing the most love for the concept and Ireland topping the opposite side of the spectrum.

Crypto data website CoinKickoff analyzed 1.6 million tweets from different parts of the world to determine which countries are in favor of the metaverse concept and which countries oppose it. The results showed that Vietnam topped the in-favor list, with 56.8% of the metaverse tweets coming from the Southeast-Asian country being positive.

East-Asian countries were generally positive toward the concept. Apart from Vietnam, the Philippines, Ukraine, Nigeria and Indonesia also made it to the top countries in support of the metaverse.

*List of countries in favor and against the metaverse. Source: CoinKickoff*

Meanwhile, Ireland was on top of the list of countries with the most tweets showing opposition to the metaverse. The data showed that 14.4% of the metaverse-related tweets coming from the European country were negative toward the concept.

Western countries were the ones with the most opposition to the metaverse. Apart from Ireland, Denmark, New Zealand, the United States and Canada had the most tweets voicing negative sentiments toward the metaverse.

Meanwhile, metaverse use cases continue to develop as time goes on. In a recent interview, Jennifer Roberts, a partner at Woodstock Ventures, told Cointelegraph how the Woodstock music festival is using the metaverse to reinvent its future and preserve its legacy. Roberts described the metaverse as a “democratizing experience” and a place where people celebrate things they believe in.

Nokia, a brand many remember for their mobile devices, has also dived into the metaverse to connect remote beer breweries and aircraft technicians. Nokia Oceania's chief technical officer Robert Joyce recently told Cointelegraph that Nokia has been conducting joint experiments to utilize the metaverse in various ways.