How to get started on Information Extraction?

Just to answer one of the comment. I am more interested in Text Information Extraction.

Depending on the nature of your project, Natural language processing, and Computational linguistics can both come in handy -they provide tools to measure, and extract features from the textual information, and apply training, scoring, or classification.

Good introductory books include OReilly's Programming Collective Intelligence (chapters on "searching, and ranking", Document filtering, and maybe decision trees).

Suggested projects utilizing this knowledge: POS (part-of-speech) tagging, and named entity recognition (ability to recognize names, places, and dates from the plain text). You can use Wikipedia as a training corpus since most of the target information is already extracted in infoboxes -this might provide you with some limited amount of measurement feedback.

The other big hammer in IE is search, a field not to be underestimated. Again, OReilly's book provides some introduction in basic ranking; once you have a large corpus of indexed text, you can do some really IE tasks with it. Check out Peter Norvig: Theorizing from data as a starting point, and a very good motivator -maybe you could reimplement some of their results as a learning exercise.

As a fore-warning, I think I'm obligated to tell you, that information extraction is hard. The first 80% of any given task is usually trivial; however, the difficulty of each additional percentage for IE tasks are usually growing exponentially -in development, and research time. It's also quite underdocumented -most of the high-quality info is currently in obscure white papers (Google Scholar is your friend) -do check them out once you've got your hand burned a couple of times. But most importantly, do not let these obstacles throw you off -there are certainly big opportunities to make progress in this area.

I would recommend the excellent book Introduction to Information Retrieval by Christopher D. Manning, Prabhakar Raghavan and Hinrich Schütze. It covers a broad area of issues which form a great and up-to-date (2008) basis for Information Extraction and is available online in full text (under the given link).

I would suggest you take a look at the Natural Language Toolkit (nltk) and the NLTK Book. Both are available for free and are great learning tools.