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Machine learning extractors can be trained for all sorts of industry needs: Manually scanning through customer comments and surveys to extract important information, for example, is time-consuming, tedious, and inefficient. Text extraction is useful for businesses because it uses automated AI programs to analyze documents and online conversations that may otherwise take hundreds of employee hours to accomplish. Text Extraction with Machine Learning for Businesses In short, classifiers categorize information, whereas extractors highlight entities. Text extraction, on the other hand, recognizes relevant information that appears within a text or image, and models are trained to tag predefined entities. The result is usually not present within the text and the classifiers make predictions based on previous samples. Text extraction differs from text classification, in that text classification reads a text for meaning, then assigns predefined tags, based on the content, to categorize texts by topic, sentiment, language, etc. Text-from-image extraction, otherwise known as optical character recognition (OCR) (to lift text directly from an image, for example, PDFs) Named entity extraction (to identify names of people, places, or businesses) Keyword extraction (to identify the most relevant words in a text)
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Most simply, text extraction pulls important words from written texts and images. Text extractors use AI to identify and extract relevant or notable pieces of information from within documents or online resources.