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EasyTranslate CEO discusses the impact of AI on the industry and the need for adaptation

EasyTranslate CEO discusses the impact of AI on the industry and the need for adaptation

The launch of generative AI products in recent months has sparked discussions about how it will shape the future. While some people are fearful, others are excited about the opportunities it presents. Analysts predict that the AI industry will grow significantly in the coming years, creating a $2 trillion business. Frederik Pedersen, co-founder of Danish AI company EasyTranslate and son of a well-known Danish politician, believes that AI has disrupted the translation industry and is now pivoting his company towards generative AI. Pedersen emphasizes the importance of finding a balance between humans and AI, with humans adding the finishing touches to content generated by AI. He believes that companies that embrace this approach will thrive in the future. Since EasyTranslate’s pivot to AI, the company has attracted investor interest and raised significant funding. Pedersen is confident that the integration of AI and human intelligence will lead to more creative and fulfilling job roles.

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