Copying from the publication below - which I haven't read on its entirety yet (and would appreciate colleagues help in reading it): "We find an elevated negative effect of ChatGPT on experienced #translators compared with less experienced translators. ChatGPT’s proficiency in #translation may diminish the competitive advantage of experience. Therefore, experienced translators who previously grabbed a larger market share can no longer do so in the post-ChatGPT world, and hence are more heavily impacted. Alternatively, experienced translators might be more alert to the looming challenges in the translation & localization OLM, thereby consciously choosing to exit the market.
[...]
On the theoretical front, we proposed the inflection point conjecture that contrasts the effect of AI progress on workers in two distinct stages. Before AI capabilities cross the inflection point of an occupation, workers always benefit from AI progress, but after AI capabilities cross the inflection point, workers become worse off whenever AI improves."

Here is the link to the publication
https://lnkd.in/dbrABsnr