AI in Banking: Benefits, Risks, What's Next
Top 10 Programming Languages For AI And Natural Language Processing
In this article, we'll discuss the top 10 programming languages for AI and Natural Language Processing. You can skip our detailed analysis of global market trends for NLP and AI development and trending programming languages for AI development and go directly to the Top 5 Programming Languages for AI and Natural Language Processing.
We have seen a recent boom in the fields of Artificial Intelligence (AI) and Natural Language Processing (NLP). Revolutionary tools such as ChatGPT and DALL-E 2 have set new standards for NLP capabilities. These tools are harnessing the power of language processing to store information and provide detailed responses to inputs.
In fact, according to research by Fortune Business Insights, the global market size for Natural Language Processing (NLP) is expected to witness significant growth. The market is projected to expand from $24.10 billion in 2023 to $112.28 billion by 2030, exhibiting a robust compound annual growth rate (CAGR) of 24.6%. This indicates a promising outlook for the NLP market, driven by the increasing demand for advanced language processing solutions across various industries.
With the presence of major industry players, North America is anticipated to dominate the market share of natural language processing. In 2021, the market in North America already accounted for a significant value of USD 7.82 billion, and it is poised to capture a substantial portion of the global market share in the forthcoming years. The region's strong position further reinforces its leadership in driving advancements and adoption of natural language processing technologies.
As the demand for AI and NLP continues to soar, the question arises: which programming languages are best suited for AI development? When it comes to AI programming languages, Python emerges as the go-to choice for both beginners and seasoned developers. Python's simplicity, readability, and extensive libraries make it the perfect tool for building AI applications. In addition, Python allows easy scaling of large machine learning models. Python, along with Lisp, Java, C++, and R, remains among the most popular programming languages in the AI development landscape.
The dominance of Python is further reinforced by the job market, where employers increasingly seek Python language skills. According to TIOBE Programming Community index, Python, SQL, and Java top the list of in-demand programming skills, with Python securing the first spot. With its versatility and ease of use, Python finds applications in various domains, including app and website development, as well as business process automation.
While the utilization of NLP and AI has become imperative for businesses across industries, some companies such as Microsoft Corporation (NASDAQ:MSFT), Amazon.Com, Inc. (NASDAQ:AMZN), and Alphabet Inc. (NASDAQ:GOOG) have played a crucial role in driving recent advancements in these technologies.
Notably, Microsoft Corporation (NASDAQ:MSFT)'s significant investment of $10 billion in OpenAI, the startup behind ChatGPT and DALL-E 2, has made waves in the AI and NLP landscape. These tools have not only transformed the technological landscape but have also brought AI and NLP innovations to the general public in exciting new ways.
Also, Microsoft Corporation (NASDAQ:MSFT)'s Azure, as the exclusive cloud provider for ChatGPT, offers a wide range of services related to NLP. These include sentiment analysis, text classification, text summarization, and entailment services.
The significance of AI and NLP is palpable at Amazon.Com, Inc. (NASDAQ:AMZN) as well. The widely recognized Alexa device, capable of playing your favorite song or providing product recommendations, exemplifies AI and NLP in action. Additionally, Amazon.Com, Inc. (NASDAQ:AMZN)'s Amazon Web Services (AWS) provides cloud storage solutions, enabling businesses to complete their digital transformations.
The impact of AI and the recent surge in generative AI extends beyond Google's homegrown products, as parent company Alphabet Inc. (NASDAQ:GOOG) is actively investing in startups. Alphabet Inc. (NASDAQ:GOOG)'s venture capital arm, CapitalG, recently led a $100 million investment in corporate data firm AlphaSense, valuing the company at $1.8 billion.
So, if you are curious to discover the top programming languages for AI and NLPs, keep reading and delve into the realm of these exciting technologies.
Top 10 Programming Languages for AI and Natural Language ProcessingZapp2Photo/Shutterstock.Com
To rank the top 10 programming languages for deep learning and NLPs, we conducted extensive research to identify commonly used languages in these fields, considering factors such as community support, performance, libraries, ease of use, scalability, and industry adoption. We collected relevant data and evaluated each language on these criteria, assigning scores on a scale of 1 to 5. Higher scores were given to languages demonstrating more robust performance and broader usage in AI and NLP development. We sorted the list in ascending order of the best programming languages for machine learning applications.
Here is the list of the top 10 programming languages for AI and Natural Language Processing.
Performance Level: 3.5
Rust, known for its high performance, speed, and a strong focus on security, has emerged as a preferred language for AI and NLP development. Offering memory safety and avoiding the need for garbage collection, Rust has garnered popularity among developers seeking to create efficient and secure software. With a syntax comparable to C++, Rust provides a powerful and expressive programming environment. Notably, renowned systems including Dropbox, Yelp, Firefox, Azure, Polkadot, Cloudflare, npm, and Discord rely on Rust as their backend programming language. Due to its memory safety, speed, and ease of expression, Rust is considered an ideal choice for developing AI and leveraging it in scientific computing applications.
Performance Level: 3.7
Prolog is a logic programming language. It is mainly used to develop logic-based artificial intelligence applications. Prolog's declarative nature and emphasis on logic make it particularly well-suited for tasks that involve knowledge representation, reasoning, and rule-based systems. Its ability to efficiently handle symbolic computations and pattern matching sets it apart in the AI and NLP domains. Prolog's built-in backtracking mechanism allows for elegant problem-solving approaches. With Prolog, developers can focus on specifying the problem's logic rather than the algorithmic details. These characteristics make Prolog an appealing choice for AI applications that involve complex inference, knowledge-based systems, and natural language processing tasks.
Performance Level: 3.8
Wolfram programming language is known for its fast and powerful processing capabilities. In the realm of AI and NLP, Wolfram offers extensive capabilities including 6,000 built-in functions for symbolic computation, functional programming, and rule-based programming. It also excels at handling complex mathematical operations and lengthy natural language processing tasks. Moreover, Wolfram seamlessly integrates with arbitrary data and structures, further enhancing its utility in AI and NLP applications. Developers rely on Wolfram for its robust computational abilities and its aptitude for executing sophisticated mathematical operations and language processing functions.
Performance Level: 4
Haskell prioritizes safety and speed which makes it well-suited for machine learning applications. While Haskell has gained traction in academia for its support of embedded, domain-specific languages crucial to AI research, tech giants like Microsoft Corporation (NASDAQ:MSFT) and Meta Platforms, Inc. (NASDAQ:META) have also utilized Haskell for creating frameworks to manage structured data and combat malware.
Haskell's HLearn library offers deep learning support through its Tensorflow binding and algorithmic implementations for machine learning. Haskell shines in projects involving abstract mathematics and probabilistic programming, empowering users to design highly expressive algorithms without compromising efficiency. Haskell's versatility and fault-tolerant capabilities make it a secure programming language for AI applications, ensuring robustness in the face of failures.
Performance Level: 4.3
Lisp, one of the pioneering programming languages for AI, has a long-standing history and remains relevant today. Developed in 1958, Lisp derived its name from 'List Processing,' reflecting its initial application. By 1962, Lisp had evolved to address artificial intelligence challenges, solidifying its position in the field. While Lisp is still capable of producing high-quality software, its complex syntax and costly libraries have made it less favored among developers. However, Lisp remains valuable for specific AI projects, including rapid prototyping, dynamic object creation, and the ability to execute data structures as programs.
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Disclosure: None. Top 10 Programming Languages for AI and Natural Language Processing is originally published on Insider Monkey.
Three Ways To Use Neuro-Linguistic Programming (NLP) To Increase Your Sales
Josh King Madrid, author of JETSET Life Hacks, is an internet celebrity, entrepreneur, neuromarketer, NLP coach and founder of NFT Magazine.
gettyNeuro-Linguistic Programming (NLP) is an approach to communication that can be employed in any sales and marketing strategy. As a certified NLP trainer, I have seen dozens of successful uses of NLP and have personally closed millions of dollars in sales myself using these techniques.
NLP works in several ways, but a key one is increasing the rapport between you and your prospect. In his book Unlimited Power: The New Science of Personal Achievement, Tony Robbins wrote that "Rapport is the ability to enter someone else's world, to make him feel that you understand him, that you have a strong common bond."
In 1983, the CIA approved including NLP in its Career Trainee Development Program. The purpose of the instruction was to teach "establishing rapport" after the results of an initial NLP workshop were found to be "sweepingly positive."
What Is NLP?
Multiple studies have tried to determine how much communication is nonverbal. These studies have resulted in many different findings, but they all agree on one thing: Nonverbal communication exists (download required) and is significant.
Nonverbal communication is meaning expressed through bodily cues and facial expressions. Examples include:
• Frowning, indicating displeasure.
• Standing behind an obstacle when talking to a person, indicating that the speaker wishes to create distance.
• Crossing arms, indicating defensiveness or perhaps hiding something.
Human behavior and decisions are products of each person's neural programming, which find expression both verbally and non-verbally. Human behaviors are the total sum of one's thoughts, feelings, experiences and beliefs, which can be loosely termed as one's "program."
When not using NLP, marketers and salespeople tend to try to change a person's program instead of leveraging it to get more conversions. Without NLP, salespeople can come across as the stereotypical "used car salesman" or "snake oil seller" who tries to shove a product down someone's throat instead of understanding how that product can help the customer.
How To Start Using NLP Immediately To Improve Sales
There is no need to get into the technical details of NLP such as "subjective and objective consciousness" and "cognitive reframing" to be able to start successfully using NLP in marketing.
Feelings and emotions are the languages of the subconscious. Psychologists have repeatedly found that most of our decisions are based on emotions, then justified by logic after the fact. Using only the following three NLP techniques, it is possible to obtain immediate results in your sales by leveraging nonverbal communication, human emotional responses and the power of the subconscious.
1. Building Rapport Using NLP Mirroring
NLP Mirroring is the technique of subtly emulating the behavior and body language (a.K.A. Nonverbal communication) of the person you're selling to. This triggers the client's mirror neurons, ultimately building rapport, because humans unconsciously like people who remind them of themselves.
Recently, a client and I were talking over lunch about how to scale his personal brand. He suddenly got excited about a topic, jumped out of his seat and started projecting his voice. I immediately stood up as well and raised my voice to match his, thereby ensuring that our rapport continued.
This might feel awkward for someone who is new to NLP, so start with just subtly emulating your sales prospects' behavior and posture. If they lean forward, you should also lean forward. If they lean back comfortably, do the same. You could also try using some of the same words they use.
As you practice NLP mirroring, it will start to feel more natural as the habit becomes ingrained.
2. Anchoring Empowered States
Everyone has a song or smell that reminds them of something. NLP Anchoring is when you pair a physical sensation with a specific emotional state. It has also been defined as connecting an external state with an internal one. Using anchoring, it is possible to re-access personal empowered states through external stimuli.
Jordan Belfort—a.K.A. The Wolf of Wall Street—wrote about anchoring an empowered state through olfactory programming in his book The Way of the Wolf. Whenever he closed a sale, he would pull out an essential oil inhaler and smell it, thus anchoring the peak emotional state he was in to that aroma. Later, whenever he needed a confidence boost, he would take a sniff from the same inhaler, physically "reminding" himself of that peak state.
I personally tried this using an aromatherapy nasal stick. Whenever I accomplished a big task or closed a sale and was feeling euphoric, I anchored this heightened emotional state with the scent of the stick. Then, just before heading out to a sales meeting, I inhaled the scent again. It immediately helped me feel confident and ready to close another deal.
3. Perceptual Positions
Perceptual positions are an NLP technique that allows the seller to understand the buyer or client's "reality." This could be loosely defined as stepping into another's shoes, seeing what they see and hearing what they hear. Unlike mirroring, in which the goal is to trigger the client's mirror neurons, perceptual positioning triggers your own mirror neurons to give you insight into another human. Rather than being based on physical imitation, perceptual positions are an imaginative process, a reframing exercise where you look at an interaction with a client or prospect from three different perspectives: the first position (I), the second position (your client or prospect) and the third position (an observer). This allows you to collect data from multiple perspectives, avoiding being clouded by your own emotional biases so you can lead the sales conversation in the right direction.
Takeaway
NLP is a huge subject that requires extensive study to fully comprehend. But it is possible to immediately improve close rates in sales by building rapport through NLP mirroring, anchoring your peak states and adopting the perceptual positions of your prospect to better understand them.
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Natural Language Processing (NLP)
This article is published by AllBusiness.Com, a partner of TIME.
What is Natural Language Processing"?
Natural Language Processing (NLP) is a branch of artificial intelligence (AI) that focuses on the interaction between computers and humans through language.
NLP enables machines to understand, interpret and respond to human language in a way that is both meaningful and useful. It combines computational linguistics, which focuses on the rule-based modeling of human language, with machine learning and deep learning models to process and analyze large amounts of natural language data.
At its core, NLP involves several key tasks, such as:
NLP is transforming how we interact with machines, enabling them to understand, process and generate human language. From virtual assistants and chatbots to language translation and data analysis, NLP has numerous applications across industries.
However, despite its benefits, NLP also faces limitations such as language ambiguity, cultural biases, and resource-intensive development. Leading tech companies like Google, OpenAI, Microsoft, Amazon, and IBM are advancing NLP applications, making it a crucial component of modern AI development.
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