Speech AI has transformed the entire translation industry, bridging it from legacy methods. It has several benefits over traditional human interpretation and is currently serving its utility in various industries; however, there are still various challenges before it becomes an absolute reality.
Multilingual settings, whether they’re conferences, town halls, or international meetings, require extensive efforts and resources to allocate and manage multiple interpreters for the participants. Not to mention having a management team to oversee the onboarding, logistics, and accommodation for these interpreters. Ultimately, this creates a financial and operational strain on the company, when the resources could be utilized more efficiently someplace else.
To deal with such situations effortlessly, AI-powered speech translation enables real-time interpretation of the source language into the desired language simultaneously. In contrast to traditional human interpretation, it’s simpler, hassle-free, and more cost-efficient.
Let’s go over some of the benefits of using Speech AI translations for multilingual meetings, and how it’s transforming the language industry.
Benefits of Speech AI over Human Interpretation
To avoid chaotic situations caused by language barriers, Speech AI is the best alternative available to the conventional interpretation model. The following are the benefits of Speech AI:
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Eliminating Scheduling Hassles:
Professional interpreters, specifically those with certifications, qualifications, and experience, are usually busy with multiple projects at a time. Consequently, organizations that require interpretation services usually have to allocate time to finding available resources days, or even weeks, before a meeting or conference.
Alternatively, when using this feature, the meeting can be conducted anytime through AI-powered real-time translation technology. This feature enables seamless communication between participants with varying native languages and eliminates scheduling hassles associated with human interpretation.
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Scalability in AI Translations:
Organizations with frequent or large-sized multilingual meetings are often restricted by language barriers. Previously, using human interpretation required having one interpreter per language pair for consecutive interpretations and two interpreters per language pair for simultaneous interpretations. As a result, organizations had to reconsider real-time translation costs for their meetings.
Meanwhile, Speech AI can handle large volumes of interpretation requests in multiple languages. All you need to do is enable the feature for each language pair that requires real-time interpretation through Speech AI for enhanced efficiency and scalability.
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Increased Cost Effectiveness:
Speech AI translations potentially reduce the costs associated with on-site interpreters. These costs include accommodation, travel, equipment, food, and overall management costs.
Additionally, most organizations hesitate to conduct multilingual meetings in hybrid or remote mode because of the possibility of a lack of technological know-how and appropriate meeting environments on the interpreters’ end. Speech AI eliminates these problems, resulting in huge cost savings instead of hiring multiple interpreters and conducting on-site meetings.
Speech AI and its Utility for Businesses
Due to globalization, businesses are inevitably shifting towards a global presence to cater to all audiences. These businesses are the biggest beneficiaries of innovative technology like AI-powered speech-to-speech translation.
From NGOs and customer service to healthcare and educational institutes, this feature can benefit multiple organizational types. Let’s go over some of the use cases already being implemented.
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Business Meetings
With businesses going international, organizations have to cater to multinational investors, stakeholders, and directors. Furthermore, multi-national companies with regional offices have employees who speak multiple languages. Organizations with business meetings can use the Speech AI feature to conduct meetings anytime, anywhere without extra expenditure on human interpreters.
Training and Workshops
Many sectors have frequent training and workshops for their management teams, employees, audiences, etc. Multilingual training and workshops can, consequently, accommodate a larger audience by catering to multiple languages. Speech AI has reduced costs and increased efficiency for organizations and trainers alike to include an AI-powered speech translator for these meetings.
Courtrooms
Imagine the hurdles of hiring an interpreter every time there’s a language barrier between the courtroom and jury vs. the acquitted. Besides expenses, human interpreters need to be certified in legal real-time translation and, in most cases, go through multiple security clearances and background checks before being assigned. By simply accessing Speech AI for courtroom meetings, various courts around the have gradually eliminated these obstacles to allow seamless interpretation in such settings.
Educational Institutes
With immigration becoming an increasing trend, many schools have students with varying native languages enrolled in each class. Educational institutes, especially those in countries like the USA, UK, and Canada, have started exploring solutions to empower such students. Without adding a significant financial burden, these institutions can set up Speech AI for students from immigrant families.
Future Trends and Challenges of AI in Translation
The future of AI in real-time translation looks promising. This technology can be further enhanced by making AI capable enough to understand the context, slang, and regional dialects. This will ultimately help in increasing accuracy and relevance, making it equivalent to any human translator.
However, there is a long way to go before it becomes reality. There are the two main challenges of high concern that are associated with it, which include:
Accuracy and Reliability:
One of the primary challenges that are associated with speech AI is that of accuracy and reliability. Various dialects, accents, and speech patterns can impact the AI speech’s ability to interpret the spoken language with full accuracy. Advanced machine learning techniques have to be applied to test and train the AI to enhance its accuracy level to the desired level, which is a time-consuming and rigorous process.
Technical Subject-Matter Expertise:
Currently, Speech AI interpretation is only recommended for meetings with simple conversations and subjects. The reason is that Speech AI is still being developed and improved as per industry standards. While that is in process, the existing versions lack in accurately translating technical meetings with specific terminologies and subject-matter expertise required.
For highly sensitive meetings that require increased accuracy and technical subject-matter knowledge, find a certified interpreter through our website. Our production managers can connect you with the relevant interpreters for your meeting requirements.
AI For Translation and TransLinguist Speech AI
In short, AI-driven real-time interpretation technology is shaping the contours of the translation industry. It has made communication much easier, efficient, and accessible on a global scale. Its impact appears to be profound and multifaceted.
We’re committed to breaking down language barriers for global organizations, which is why we’ve built our ground-breaking AI-based technology: TransLinguist Speech AI.
Our product currently allows the Speech AI feature for 15 languages. Our Speech AI feature meets your linguist needs, cuts interpretation costs by 80%, and addresses challenges associated with human interpretation. If you are looking for hassle-free and convenient AI-powered translation services, schedule a demo through our website today to see it in action!
