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દોર પોસ્ટ કરનાર: Maria Teresa Borges de Almeida
Maria Teresa Borges de Almeida
Maria Teresa Borges de Almeida  Identity Verified
પોર્ટુગલ
Local time: 18:26
સભ્ય (2007)
અંગ્રેજી થી પોર્ચુગિઝ
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Mar 22, 2024

After all the hype, it looks like integrating AI technology is not the solution to some LSPs…

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After all the hype, it looks like integrating AI technology is not the solution to some LSPs…

https://slator.com/translation-ai-agency-lengoo-files-for-bankruptcy/?utm_source=Slator%20Newsletter&utm_campaign=7e7a369a59-Slator%20Weekly%20-%20Dec%2011,%202020_COPY_01&utm_medium=email&utm_term=0_28e0ad4ca5-7e7a369a59-165644830&mc_cid=7e7a369a59&mc_eid=9b897a276d ▲ Collapse


Dan Lucas
Anne Seerup
 
Daryo
Daryo
યૂનાઇટેડ કિંગ્ડમ
Local time: 18:26
સર્બિયન થી અંગ્રેજી
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A case of "don't get high on your own supply"? Mar 24, 2024

or more precisely, "don't start believing your own hype"!

Reality checks can be brutal ...

[Edited at 2024-03-24 10:24 GMT]

Maria Teresa Borges de Almeida
 
Neirda
Neirda  Identity Verified
ચીન
Local time: 01:26
ચાઇનિઝ થી ફ્રેન્ચ
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The link is dead May 23, 2024

What was it about ?
 
CafeTran Trainer
CafeTran Trainer
નેધરલેન્ડ્સ
સભ્ય (2006)
Use reply to see the link May 23, 2024

Neirda wrote:

What was it about ?


https://slator.com/translation-ai-agency-lengoo-files-for-bankruptcy/
 
Neirda
Neirda  Identity Verified
ચીન
Local time: 01:26
ચાઇનિઝ થી ફ્રેન્ચ
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This hardly proves a point for anything May 23, 2024

These agencies are all trying to create their own half baked "CMS platform" most of which turn out to be disasters. If I had to bet I'd tell you the problem was there before it had to do anything with AI.

Or a bazillion of other things that can go wrong with a business because let me tell you something, raising 34 millions with a LSP project is wierd to say the least unless they had the best pitcher in the universe. There's zero detail on what they were trying to do with AI.

Chris Says Bye
 
Lingua 5B
Lingua 5B  Identity Verified
બોસ્નીઆ અને હેર્ઝગોવિના
Local time: 19:26
સભ્ય (2009)
અંગ્રેજી થી ક્રોએશિયન
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The hype May 23, 2024

Neirda wrote:

These agencies are all trying to create their own half baked "CMS platform" most of which turn out to be disasters. If I had to bet I'd tell you the problem was there before it had to do anything with AI.

Or a bazillion of other things that can go wrong with a business because let me tell you something, raising 34 millions with a LSP project is wierd to say the least unless they had the best pitcher in the universe. There's zero detail on what they were trying to do with AI.


I agree the article’s source is not very reputable. Slator? Why don’t they have a physical addres on their website?

However, assuming the incomplete facts stated in the article were true ane verified, I’s say the capital was raised in the name of AI and its inflated potential powers. Investors would donate to anything and everything with AI-prefix, due to a hype sales story, because they have an excess of money. Of course, things that are not based on reality can’t last, same with AI.
 


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