Is there any algorithm that can be used to find the most common phrases (or substrings) in a string? For example, the following string would have "hello world" as its most common two-word phrase:
"hello world this is hello world. hello world repeats three times in this string!"
In the string above, the most common string (after the empty string character, which repeats an infinite number of times) would be the space character .
Is there any way to generate a list of common substrings in this string, from most common to least common?