There are continuous jobs to translate new content, but I can find no features that will automatically translate changes to nodes that are made by content editors.
Create a continuous job linked to a content type, ie. Basic Page.
Create a new basic page.
Run cron.
The new basic page node will be automatically translated since I have configured the provider to not need review.
Edit the node to make text changes and save.
Run cron.
I would like the translated node to reflect the updates. Content is changing frequently, so it is not efficient for the translator continuous job service to work only one time when a node is initially created.
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A translator like tmgmt_microsoft doesn't decide what content is meant to be translated, tmgmt_does that. tmgmt_microsoft just translates what it's asked to.
But this should work, you'll have to investigate what happens in tmgmt_content_entity_update().
Thanks @berdir, very helpful to be pointed to that specific method.