Peter Reynolds, CEO of memoQ, joins SlatoPod to talk about the impact of AI on translation technology and how memoQ is enhancing its tools to meet the changing needs of enterprises, LSPs, and translators.
Discussing AI, Peter recounts memoQ’s response to the rise of generative AI, leading to the launch of memoQ AGT (Adaptive Generative Translation). By providing contextual data to LLMs, they replicated the advantages of custom machine translation without extensive training.
The CEO acknowledges industry concerns about AI replacing human translators but argues that expert linguists remain essential. He compares this shift to software development, where AI tools enhance, rather than replace, skilled professionals.
Peter discusses memoQ’s acquisition of Globalese, explaining how its on-premise AI translation capabilities strengthen memoQ’s offerings for high-security industries like banking and life sciences.
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On the product side, Peter teases upcoming developments, including a fully revamped web interface and research into handling larger translation segments beyond the traditional sentence-level approach.