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What factors are harming freelancers?
Inflation dominates the factors that have harmed linguists since the beginning of 2023, affecting more than three of out five respondents (60%). Nearly half (48%) cite as concerns competition from improved machine translation and over one-third (36%) competition from freelancers who are not professional linguists as concerns.
Are you optimistic or pessimistic?
The survey results indicate a mixed sentiment within participants. While 39% expressed optimism, 26% leaned towards pessimism, and a significant 35% admitted to being unsure about their outlook. These diverse perspectives reflect the complex dynamics and uncertain future of the industry.
Confidence score: Translation services
The confidence scores for translation services and editing of machine translation showed differing trends from Q3 2020 to Q1 2023. The demand for machine translation editing is on a strong upward trend while translation experiences a slow downward trend, indicating a decrease in demand for human-only translation services.