Translation and Language Industry Observations

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Chatbots in Business: A Comprehensive Guide for Navigating the AI Revolution

Revolutionizing Retail: The Emergence and Impact of Commerce Chatbots In today’s fast-evolving global marketplace, businesses are constantly seeking innovative ways to stay ahead. A key player in this arena is the chatbot, a technology rapidly transforming customer interaction and multilingual communication. This comprehensive guide delves into the journey and significance of chatbots in modern business, …

The Shifting Landscape of Translator Training Programs

by Luke Smith The international language services market was valued at $60.68 billion in 2022 and is predicted to jump all the way to $96.21 billion by 2032. Tech advances and increased interconnectedness across all industries are clearly calling for more professional translators across the board. In response to this demand, translator training programs are …

TAUS Webinar about LLMs-Impressions

by David Grunwald I tuned in yesterday to the online TAUS webinar entitled: ChatGPT and the Takeaways for the Translation Industry. Here are my impressions: About the Webinar In this webinar on the ChatGPT and the Takeaways for the Translation Industry, Arul Menezes (Microsoft), Christian Federmann (Microsoft), Wayne Bourland (Dell), Georg Kirchner (Dell), John Tinsley …

Using AI to get ahead – Part I.

Many people seem to be afraid of AI. The most extreme scenarios detail a world where AI-powered robots will launch a military attack against humans and engage in genocide. Other much less scary scenarios envision massive reduction of jobs, as human employees will be replaced by software. This technology is gaining the attention of governments, …

Will ChatGPT Eliminate Translation Jobs?

by David Grunwald Jobs across numerous fields could be replaced, according to the company ChatGPT. The tech company, which has sparked debate in recent months, said it could “potentially replace jobs that involve written communication,” such as translation services and social media managers. (Yahoo Finance) In a recent interview, IBM CEO Arvind Krishna stated that A.I. …

At the End of the Day, it’s All About Online Search

by David Grunwald The marketing people at Microsoft scored a major coup earlier this month. In a brilliant move, they managed to breathe new life into a failed product. They also spooked their main competitor into making a marketing fiasco, and unnerved their competitor’s stockholders to a point where the stock lost over 10% in …

Will Bing change the way people search online for translation services?

The web is abuzz with the changing tides in the search engine world. On February 8, 2023 Google lost over 7% in market value (to the tune of $100 billion) after its newly introduced chatbot Bard messed up the answer to a simple question. On February 8, 2023, the stock lost nearly 5% more for a …

What is ChatGPT and what it means to the translation industry?

by David Grunwald What is ChatGPT? ChatGPT is an AI language model developed by OpenAI. It is a conversational AI model trained on a large corpus of text data to generate human-like responses to text inputs. ChatGPT is capable of answering questions, generating text, translating languages, and performing a wide range of language-related tasks. It …

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