The Power of Language Technology Behind the Fortune List

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In today's globalized business world, the exchange and transmission of information is crucial. The list of China's 40 business elites under 40 and the most promising business elites in 2024 released by Fortune (Chinese version) is undoubtedly a recognition and commendation of many outstanding business talents. However, behind this list, there is an invisible but powerful force hidden - language technology.

With the acceleration of global economic integration, the business scope of enterprises is no longer limited to the local area, but has expanded to all parts of the world. In this context, language barriers have become a major challenge for the development of enterprises. The emergence of language technology, especially machine translation technology, has made it possible for enterprises to break through language barriers.

Machine translation technology can quickly and accurately translate one language into another, allowing companies to communicate more efficiently in international business exchanges, market development, cooperation negotiations, etc. For example, if a Chinese company wants to expand overseas markets and conduct business negotiations with foreign partners, without the support of machine translation technology, it may take a lot of time and energy to find professional translators, and there may be misunderstandings and deviations in the translation process. With machine translation technology, companies can obtain the other party's information in real time and make quick and accurate responses, greatly improving the efficiency of business exchanges.

Not only that, machine translation technology also reduces costs for enterprises. Professional manual translation services are usually expensive, which may be a considerable expense for some small and medium-sized enterprises. The application of machine translation technology enables enterprises to obtain language services at a relatively low cost, thereby saving money and investing more resources in the development of core businesses.

In addition, the continuous development and improvement of machine translation technology has also brought new opportunities for personal career development. In the era of globalization, talents with cross-language communication skills are increasingly favored by companies. Mastering machine translation technology can effectively improve personal language processing ability and increase personal competitiveness in job hunting and career development.

However, machine translation technology is not perfect. Although it can perform well in processing some common and standardized language texts, it may be inaccurate or even wrong when facing some highly professional and culturally rich content. This requires us to make full use of the convenience brought by machine translation technology while also recognizing its limitations and constantly improving our language ability and cross-cultural communication skills.

In general, although language technology is not directly mentioned in the Fortune list, it is like an invisible hand that drives the development of the business world and creates more opportunities and possibilities for companies and individuals. In the future, with the continuous advancement of technology, I believe that language technology will play a more important role in the business field.