Translation and Language Industry Observations

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. …

The Importance of Translation Services in the Fintech Sector

The Fintech sector has experienced exponential growth in recent years, driven by increasing demand for digital financial services, advancements in technology, and changing consumer preferences. The sector is also attracting significant investment from VCs and other investors, as they recognize the potential for Fintech companies to disrupt traditional financial institutions and capture a share of …

5 Things that Machine Translation Can’t Do

Machine translation (MT) has made tremendous progress in the last few years. And for certain kinds of texts, it may even produce nearly perfect results. But there are still some things that it still can’t do, while human translators can. MT will not find mistakes in the source text Nothing is 100% perfect. This certainly …