"One of the challenges for Natural Language Processing (NLP) systems is the question of how to represent input such that the network runs quickly, but also learns well. It's possible to represent each word as a one hot vector, but that's computationally slow. It's also possible to represent each word as some number, but then lots of words look very similar.
Instead, why not use a mix? Introducing word embeddings. We'll represent each word as a n-dimensional vector, with each dimension representing a trait about the word. For example, "fruit" might be represented as {food: 0.99, gender: -0.05, size: 0.2}, and "king" might be represented as {food: -0.9, gender: 0.92, size: 0.56}." [Quoted from MuffinTech.org] [See v1n337 for caveats. [0]]
Two similar words should have similar word vectors, like "apple" and "peach". If we learn some fact about apples, like "Humans eat apples.", then we can easily generalize that to peaches, pineapples, etc...
Let's tie this back to the research. Since we have word vectors for many languages now, that makes it easier for us to build NLP systems in other languages. For example, if we wanted to build an English->French translator.