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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 (65%). More than half (62%) cite as concerns competition from improved machine translation and nearly half (49%) competition from generative AI.
Are you optimistic or pessimistic? The survey results indicate a mixed sentiment within participants. While 32% expressed optimism, 37% leaned towards pessimism, and a significant 31% 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 shows opposing trendlines from Q3 2020 to Q3 2023. The demand for machine translation editing is on an upward trend while translation experiences a downward trend, indicating a decrease in demand for human-only translation services.