Comment by ipaddr
The VC idea is incorrect. AI in some areas where companies compete like sales is just adding to the arms race. It's also rising expectations making products more complex. It's being used to make presentations better which is raising expectations.
Translators jobs are going away but the low end is disappearing. Graph ic artists selling logos now need to offer a bigger branding experience.
Translations of products are now clearly AI without proof reading. It's so bad you have to switch to english to understand what it is supposed to mean. Even big brands like Microsoft cannot translate properly.
So yes, they save on translation short term, but by making your product unprofessional.