#208 The Normalization of Language AI
SlatorPod
English - April 12, 2024 08:00 - 32 minutes - 22.3 MB - ★★★★ - 5 ratingsBusiness translation localization machine translation language industry localization industry globalization language venture capital artificial intelligence machine learning Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Florian and Esther discuss the language industry news of the week, with SlatorCon London, scheduled for May 23rd, announcing the speaker lineup, including a Keynote presentation from Iris Orriss of Meta.
They then discuss how enterprises are becoming increasingly comfortable launching fully automated language AI features, labeling it the “normalization of language AI”.
The duo talk about the unprecedented merger of Swiss-based SuperText and Textshuttle, signaling a shift towards more integrated, technology-driven solutions.
Other M&A activity includes Deluxe's strategic investment in AppTek, TransPerfect's acquisition of TheSpeech, Diuna Group acquiring Yellow, and Cloudbreak Health’s sale.
Esther provides an update on financial results, with Straker anticipating a revenue decline while Keywords experienced growth in its top line but a decrease in its globalization division. Meanwhile, Appen faced a failed takeover bid after the bid was leaked, impacting the acquisition of the company.
The podcast also touches on Google Translate’s controversial decision to shelve its human feedback tool, Contribute, which allowed users to suggest translations for improvement. In other AI news, researchers from the Earth Species Project are exploring the possibility of translating animal communication using advanced AI models.
Florian wraps up the pod with the European Commission's recent tender award, TRAD23, which sparked concerns among individual translators regarding pricing and quality standards.