The Impact of AI on Small Businesses: A Personal Reflection

As we traverse the rapidly evolving landscape of technology, the rise of Artificial Intelligence (AI) has brought profound changes to various industries. This post aims to encapsulate my journey as a business owner and explore the broader implications of AI on employment.

For nearly two decades, from 2005 to 2023, I dedicated myself to running a successful translation service, specializing in Spanish to English translations. At my peak, I managed a team of 5-10 subcontractors, working tirelessly, often clocking in over 90 hours a week, and generating an income exceeding $100,000 annually. I took pride in the quality of my work, fostering collaborative relationships with my team, and providing exceptional service to my clients.

However, the technological landscape shifted dramatically with the advent of advanced AI and large language models (LLMs). The capabilities of these tools have rapidly evolved, and the demand for human translators has dwindled significantly. The once-thriving market I relied on has become nearly saturated with AI-driven solutions, leaving little room for individual practitioners like myself.

This transformation raises important questions about the future of various professions. I am eager to hear from others who have experienced similar challenges. Have you found your career impacted by the surge of AI in your industry? What stories do you have to share about adapting to this new reality?

As we navigate these changes, it’s crucial to recognize the value of human expertise and the unique qualities that only people can bring to the table. Sharing our experiences can foster understanding and, perhaps, spark new ideas for moving forward in an AI-dominated landscape. Let’s open a dialogue on how we can support one another in redefining our careers amidst this technological upheaval.