Few industries have been hit by AI as hard as translation. Rates are plummeting. Work is drying up. Translators are considering abandoning the field, or bankruptcy. These are their stories.
I believe this will pass. Sooner or later, the AI companies will have to stop losing money and adjust their pricing. And then it’ll turn out that using AI for everything gets you worse results than humans, at the same cost. And that will be that. I hope I can hang on until then.
I think the AI bubble is really close to poping. If they can’t make a profit on it in the next 2 years (maybe sooner with how badly the economy is about to start doing) VC money will dry up and then they will have to up prices dramatically.
There’s a lot of factors I could get into but it seems like they are going to have to start pricing AI use at the very least cost soon.
such hope, i wish i had
It really sounds like a “Let’s go to the Winchester, have a nice cold pint, and wait for this all to blow over” reaction.
Things will be different. Maybe AI won’t replace humans entirely in this role, but it’s still going to be a major tool in the toolbox.
I think the AI bubble is really close to poping. If they can’t make a profit on it in the next 2 years (maybe sooner with how badly the economy is about to start doing) VC money will dry up and then they will have to up prices dramatically.
There’s a lot of factors I could get into but it seems like they are going to have to start pricing AI use at the very least cost soon.
Or humanity will run out of power and the servers required to run AI will power down.