Monetize Your Language Data with Data Marketplace

Track: Multilingual AI | TA8 |
Thursday, June 10, 2021, 9:00am – 9:45am
Held in: Jujama 2
Muhammad Alkhateeb 
Miloš Milovanović - TAUS 
Benjamin  Tsou - Chilin (HK) Ltd. 
Anne-Maj van der Meer - TAUS

While 2020 was a year of transformation, 2021 is the time to make the most out of all these changes. Over the past years, there’s been a shake-up of our ecosystem. We’ve moved from a purely translation and localization industry to a “language data for AI” industry. Everything is being automated and the demand for data and data services has grown exponentially. With all this automation, we need to make sure we don’t lose sight of the value of human intelligence. Keeping our data in optima forma are the millions of crowdworkers and translators around the world. In November 2020, TAUS launched the Data Marketplace, a platform for language data acquisition and monetization. The Data Marketplace is part of an EU-funded initiative with aims to fill the gap for low-resource languages and low-resource domain data for machine translation engine training. In this presentation, we’ll introduce the Data Marketplace platform, as well as share success stories of participants in the Data Marketplace: crowdworkers, linguists, freelance translators and translation agencies. From a variety of guest speakers, you’ll hear about their motivations to join the Data Marketplace and why it created new opportunities for everyone to advance their business in the language data for the AI industry.

Takeaways: Freelance translators and linguists will learn how to reinvent their professions in the new language data for the AI industry; language service providers will learn new use cases for their language data; and buyers and tech providers will learn about new ways to get language data in low resource languages and domains.