#236 The Year in Review and 2025 Predictions!

SlatorPod

In the 2024 year-end episode of SlatorPod, hosts Florian Faes and Esther Bond, along with guest Anna Wyndham, explore pivotal language industry trends from the past year and predictions for 2025.

First, the language industry news of the week, with LXT’s acquisition of clickworker, which aims to expand its AI data capabilities and potentially double revenues by 2025. Meanwhile, Esther shares how EzDubs, a speech translation startup, secured USD 4.2m in seed funding.

Florian notes that RWS reported stable revenues for 2024, with GBP 180m coming from AI-driven products and services. He also highlights YouTube’s AI dubbing rollout, unlocking new possibilities for multilingual content, though noting current limitations, like robotic voice quality.

The trio discusses the UK House of Lords inquiry into court interpreting and translation, which raised concerns about interpreter pay, quality issues, and AI’s role in quality assurance.

Reflecting on 2024, Anna outlines three major trends: speech-to-speech translation, “translation as a feature,” where translation capabilities are integrated into everyday software like project management tools, and the evolution of localization roles toward AI-driven skills.

Looking ahead, Anna predicts rapid AI adoption in the public sector due to cost constraints and scalability needs, while Florian anticipates further breakthroughs in machine translation quality estimation and potential IPOs in the language tech sector. Esther forecasts increased M&A activity as niche providers seek stability and scalability in a competitive environment.

Chapters

1. Intro and Agenda (00:00:00)

2. LXT Acquires clickworker (00:01:14)

3. EzDubs Raises USD 4.2M in Seed Round (00:07:33)

4. AI Lifts Annual Revenue for RWS (00:11:44)

5. YouTube Rolls Out AI Dubbing (00:15:26)

6. UK Lords Blast Lack of AI Use in Court Interpreting (00:22:35)

7. 2024 Key Trends and Events (00:30:44)

8. Language Industry Predictions for 2025 (00:37:20)