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Artificial Intelligence and Financial Translation

Centre for Translation (September 28, 2023)

SEMINAR SERIES : Translation Seminar Series

LENGTH : 121 min.
ACCESS : Open to all
SUMMARY : Recent advancements in artificial intelligence (AI), particularly the generative language models driven by deep learning and empowering chatbots such as ChatGPT and GPT-4, have unlocked exciting opportunities for translation technology. These advances could offer immense value to specialized fields, including financial translation, which plays a critical role in ensuring transparency in Hong Kong’s financial market and enhancing its position as an international financial hub.

In light of these developments, this talk aims to explore how cutting-edge AI technologies can contribute to innovation in technology for financial translation. It will begin with an overview of financial translation in Hong Kong and recent breakthroughs in AI, with a focus on the design and use of deep artificial neural networks. This will be followed by a demonstration of custom-built AI-driven translation applications that leverage these networks, illustrating how such tools can facilitate a range of translation-related tasks in the context of financial translation.

This talk will offer insights into how financial translators can capitalize on state-of-the-art language applications in the era of generative AI. These tools could complement widely-adopted resources such as machine translation for general translation, translation memories, and terminology databases, potentially transforming the ways in which professional translators and AI work together for improved cross-lingual communication in the financial world.  [Go to the full record in the library's catalogue]

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