Unbabel has recently introduced its latest translation service, Widn.AI, which utilizes a proprietary large language model (LLM) named Tower. The company's CEO, Vasco Pedro, predicts that human translators may no longer be necessary within three years.
Pedro believes that advancements in AI technology have reached a point where translation tasks can be effectively handled without human intervention, although humans may still excel in challenging scenarios.
Unbabel's entry into the AI translation market adds to the competition with companies like Google and DeepL.
The potential for AI to replace human translators raises questions about the future of work in the translation industry. The financial implications for investors and stakeholders in the translation market are significant, as the shift towards AI-driven solutions could lead to a reevaluation of business models and revenue streams.