Before getting into the topic, why is it important to have an NLP project in your portfolio? How can it help in your career? The amount of text data getting generated is growing faster than ever. As per IDC, about 80% of global data will be unstructured by 2025. And this will be the pattern across the industries like retail, technology, healthcare, and anything you name it.

If you have a hard time identifying when someone is being sarcastic on Twitter, chances are there's an algorithm better at it than you are. The algorithm called DeepMoji, created at the Massachusetts Institute of Technology, was originally trained to analyze tweets but can now detect the emotions conveyed through those tweets by examining emoji use. The goal was to create an algorithm that could better recognize racist tweets, reported MIT Technology Review. The developers working on it realized that there was frequently text that could only be fully understood by also understanding the sarcasm. Read: 'The Emoji Movie' Lost Its Zero Percent Rotten Tomatoes Score The researchers then used emoji in tweets as a way to label and categorize various emotions.

Back in 1970, the social activist Irina Dunn scribbled a slogan on the back of a toilet cubicle door at the University of Sydney. It said: "A woman needs a man like a fish needs a bicycle." The phrase went viral and eventually became a famous refrain for the growing feminist movement of the time. The phrase is also an example of sarcasm. The humor comes from the fact that a fish doesn't need a bicycle.