Generally, we try to find out the best suitable models, loss functions, and optimizers, which could help to obtain better accuracy by minimum loss. Since we have to deal with textual data, we might also consider it as a sequence problem, with or without contextual relations exploration, which might add a few problems and load while training our model.
The main question that remains unanswered — How to select the best model or algorithm for multi-class classification in NLP? Let’s try to explore and answer that.