We all use social networks day in and day out. There are numerous social networks catering to all sorts of ideologies and philosophies, but Facebook and Twitter (barring a couple more) have become synonymous with the term social network itself. These two social networks enjoy popularity not only because of their uniqueness and the quality of service but because of the way they enable us to interact in a very intuitive way. As we saw with recommendation engines used in e-commerce websites (see Chapter 4, Building a Product Recommendation System), social networks have existed long before Facebook, Twitter, or even the Internet.
Social networks have interested scientists and mathematicians alike. It is an interdisciplinary topic which spans but is not limited to sociology, psychology, biology, economics, communication studies, and information science. Various theories have been developed to analyze social networks and their impact on human lives in the form of factors...
Chapter 7. Social Media Analysis – Analyzing Twitter Data
Connected is the word that describes life in the 21st century. Though various factors contribute to the term connected, there's one aspect which has played a pivotal role. It's called the Web. The Web, which has made distance an irrelevant metric and blurred socio-economic boundaries, is a world in itself and we all are a part of it. The Web or Internet in particular has been a central entity in this data-driven revolution. As we have seen in our previous chapters, for most modern day problems, it is the Web/Internet (henceforth used interchangeably) that acts as a source of data. Be it e-commerce platforms or financial domain, the Internet provides us with huge amounts of data every second. There's another ocean of data within this virtual world which touches our lives at a very personal level. Social networks, or social media, is a behemoth of information and the topic for this chapter.
In the previous chapter, we covered the financial...