AI algorithms use weighted keywords and correlate them to generate concise summaries of lengthy documents, news articles, research papers, agreements, books, tweets, etc.
It uses two methods – Extractive and Abstractive. Extractive Summarization extracts several portions of the text and stacks them to create a summary. Abstractive Summarization uses NLP algorithms and generates a new summary.
AI-powered document summarization is used in audits, research study scenarios, social media listening, government services, etc.