Slator
Joining the pod is Kris Zdanowski, Founder and CEO of Summa Linguae Technologies. Kris talks about his entrepreneurial journey, from paying for receivables collections with shares, doing a merger with an LSP in India, to rolling out an M&A strategy and launching into the data annotation industry.
Florian shares a few choice insights from Slator’s Inside India’s High-Growth Language Industry webinar, which this week attracted more than 130 participants and featured four expert panelists.
The two discuss startup Otherside AI, which raised USD 2.6m in funding just six months after launch for one of the first real-life GPT-3 uses cases. Florian unpacks the tech, which transforms bullet points into complete sentences (including in other languages), and its potential benefit for translators. They also venture down the translation test rabbit hole — a divisive issue, as highlighted by Slator’s recent reader poll.
Esther talks about the language industry’s latest association: Entertainment Globalization Association (EGA), which launched this week with 60 members from within the media localization niche, and is led by ex-Netflix exec Chris Fetner.
00:00:00 Intro and Agenda
00:02:58 India insights from online conference
00:07:19 GPT-3 for Translators?
00:14:24 Media localizers unite
00:19:18 Translation tests
00:28:41 Kris joins the pod
00:31:23 Summa Linguae’s early days
00:36:43 Growing into a public company
00:46:47 Stretched valuation for language industry M&A
00:53:50 Data annotation business
00:58:54 Running a business in India
01:04:19 Poland’s economy
01:07:51 The future of pricing in the language industry