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How AI Is Changing The Economics Of Translation - New Technology - Canada
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Summary
An article from translation company Apertera argues that artificial intelligence is challenging the translation industry’s traditional per-word pricing model by allowing large volumes of text to be processed much faster. It says word counts can still help scope and price work, but organizations may also need to weigh quality, specialized expertise, risk, security and professional oversight. The article says the industry is exploring alternatives such as retainers and value-based pricing.