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Introduction to Markov Chains

Explore the fundamentals of Markov chains and how they model state transitions with probabilities. Understand their importance in natural language processing and various real-world applications like text generation, financial modeling, and search algorithms. This lesson helps you grasp the core concepts behind building a text generator using Markov chains.

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In this chapter, we are going to focus on Natural Language Processing. NLP will be picking up steam over the next couple of years as Artificial Intelligence continues to grow. It is one of the key drivers towards the growth of AI, and, as it continues to be part of our daily lives, it’s essential to understand how it works behind the scenes. There are many different concepts, mathematics, and models that go into different NLP use cases. Still, we are only going to delve into one fundamental concept: ...