From the course: Introduction to NLP and LLMs: Principles and Practical Applications

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Prepare for the future: Build a NLP/LLM strategy

Prepare for the future: Build a NLP/LLM strategy

- [Presenter] Let's look at how to build an effective NLP and LLM strategy. We'll break down the essential components of a robust strategy and discuss how to align it with your business goals. Whether you're planning to enhance customer service with chatbots, automate content creation, or leverage AI for innovative use cases, this session will guide you through the process. Let's start by looking at the foundational components of an NLP/LLM strategy. First, define your business objectives, what are you trying to achieve? For example, are you aiming to improve customer satisfaction, streamline operations, or generate personalized recommendations? Next, identify specific use cases where NLP and LLMS can add value, like chatbots for customer service, or sentiment analysis for marketing insights. Then conduct a data assessment to evaluate the quality and availability of your data. Next, focus on technology selection, choose the right NLP or LLM models and tools based on your use case…

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