The demand for authorised translators (approved in country X to correctly translate into country X’s native language from a particular language) has been steadily growing with globalisation and international trade. Contracts, court documents, financial records, medical records, birth and death certificates, technical reports: all of these must be translated and stamped by someone with the authority to do so, someone the government has confirmed to be competent.

The professional guilds are sounding the alarms, because there aren’t enough translators qualifying.

That's just factually untrue though. And there are high profile examples I would expect any well read person to know.

And we're at the point where you have to essentially choose the factually wrong point of view so there's no worth in even listing the counter examples.