The potential for humans to connect across language barriers is only just beginning, with new translation technology already being implemented that is making it easier and easier for humans, and even machines, to talk to each other directly, quickly, efficiently, across space, and now, across semantics.
Translation devices are hardly new, but with the rise in sophisticated AI and Machine Learning, these translation tools are becoming faster, more effective, and, significantly cheaper. This means more people will have the power to more regularly communicate with people who speak different languages than their own. The article we feature here focuses more on the commercial aspect of this exchange, but for QFuze, we like to think of the opportunities to push the balance of power towards consensual exchange.
This is what excites us most about this technological development, what this will do to extend our humanity to one another, to make ourselves more real, to make it more difficult for us to support our states bombing our friends. The more we talk, generally, the less we fight.
How new translation technology is opening financial floodgates around the world – MarketWatch
Translation programs aren’t yet tracked specifically by economists, but they have the potential to boost international trade, which stood at $19.5 trillion last year according to World Trade Organization estimates.
One big opportunity exists in e-commerce, where the giants of online shopping are already beginning to incorporate translation technology into their businesses. Take eBay Inc. EBAY, +0.20%, the San Jose, Calif.-based online marketplace, which quickly learned that while the internet has made it easy to connect buyers and sellers, international expansion wouldn’t be particularly effective if shoppers weren’t able to understand product listings from abroad.
The result is a system that enables shoppers to make search queries in their preferred language and receive translated product listings, while also taking into account the context of a customer’s request…..