Recently, the Monterey Institute of International Studies (MIIS), a globally renowned institution, announced that it will officially close its on-campus graduate programs in the summer of 2027. As a university known as the "Harvard of Translation," this decision has sparked widespread attention and discussion. The school stated that a sharp decline in enrollment and financial pressure are the main reasons for this closure. However, many students, faculty, and industry professionals believe that the rapid development of AI translation is actually the real driving force behind this move.

Driven by AI technology, the working model of the translation industry has undergone a revolutionary change. According to statistics, the efficiency of AI translation has improved nearly 9 times compared to traditional translation, and the cost has been reduced by an average of 90%. In such circumstances, many translation companies have gradually adopted a new model of "large model initial translation + human review," changing the previous reliance on manual translation.

With the popularization of AI technology, the demand for translation jobs has also significantly decreased. According to a survey, currently, 97.1% of translation companies in China have started using translation technology, with 26.0% of projects achieving "full machine translation delivery," and 33.2% adopting the "machine translation + post-editing" approach. This shift not only improves translation efficiency but also impacts traditional translation positions.

Some students are very disappointed and anxious about the school's closure, with some even crying for two nights after learning the news, worrying about the future job market. The report points out that with the application of AI technology, the number of recruitment opportunities in translation and editing positions has clearly decreased, and the barriers to entry are gradually increasing.

The closure of the Monterey Institute of International Studies has triggered deep thinking about the future of the translation industry. The rise of AI means that traditional translation professionals face greater challenges and changes.

Key Points:

🌐 The Monterey Institute of International Studies has decided to close its on-campus graduate program in 2027, due to declining enrollments and financial pressure.

🤖 The rapid development of AI translation technology has increased translation efficiency nearly 9 times and reduced costs by 90%.

📉 Demand for translation jobs has decreased, and the barriers to entry have increased, posing challenges to traditional translation professionals.