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I mean, in the same way that you no longer have to shop at the stores by your house, you can order from Amazon, I think it’s likely that before I’m dead, there’ll be a billion people who work for customers that aren’t 20 miles from their house. You know, I look at the world and see so many people spending an hour or more a day in traffic and limited to jobs within a 20-mile radius of their house. It’s designed very much like eBay, and that company’s been pretty successful it went public late last year.Īnd when I was setting up to start a new company in the end of 2010, I knew that remote work was going to be this powerful trend in my lifetime, because there’s so much great talent that lives far from a big city, and the internet will ultimately make it possible for work to come to the people, as opposed to forcing people to drive always to an office. They create market mechanisms whereby you have feedback scores on the workers.
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And it’s a website that connects supply and demand. And the company at the time was called oDesk, and oDesk was a platform, and Upwork is a platform, where you can hire programmers, designers around the world. The origin of the company runs through the history of a company called Upwork, which is the largest marketplace for remote labor, where I was an early employee and cofounder going back about 15 years ago. So, they tried to solve their own problem. So, they said, “Wouldn’t it be great if we had an app that would send SMSs to the taxi companies,” and they formed Uber. You know, the classic origin story is like Uber, where you had Travis and I think it was a guy named Garrett Camp in Paris, and they couldn’t get a taxi. Very good, and how did you get into this space? What attracted you to this voice-to-text environment? We also have some AI services that I think you’re familiar with, where we can transcribe audio automatically-that is, without a human-and currently those services are offered under the brand name. Those include audio transcription, closed captioning and foreign subtitling. Today, we’re entirely focused on the voice-to-text market, which means we offer services to convert voice to text. Rev’s mission is to create great work-from-home jobs powered by AI. Renato is like a kid in a candy store during this conversation about a specific company that’s doing some interesting things related to transcribing our content. How does automation play into our space? Are people going to be outdated and not used? Or is there a way that we can work smarter and better? And we’re going to talk to a technologist. Language Technology Consulting and AuditsĪnd today, on Globally Speaking, we’re taking a look at the future of transcription.International Market Research and Competitive Analysis.Business Growth and Expansion (for Language Service Providers).Global Content: Buyer Behavior and International Products.Translation Process and Localization Program Consulting.