In the world of transcription, manually transcribing audio files can be a real-time sink. It’s not just time-consuming; it can also be incredibly tedious. However, AI transcription tools have come to the rescue, making this arduous task much more manageable. In this article, we’ll delve into the top 10 AI transcription tools for 2024 that are here to streamline your transcription needs.
What does AI transcription entail and why are AI transcription services essential?
AI transcription is a technology that automatically converts spoken words into written text. Depending on the software’s capabilities, it can also identify multiple speakers and add timestamps automatically, eliminating the need to painstakingly transcribe conversations by hand.
Beyond saving time and reducing frustration, adopting a reliable AI transcription tool can be a game-changer for your business. Here’s how:
- Accessibility: Transcripts make your content more accessible, helping you optimize your Diversity, Equity, and Inclusion (DEI) efforts. People with hearing impairments can now follow and enjoy your podcasts and YouTube channels.
- Content Creation: Having a transcript at your disposal makes it easier to find and reference specific quotes, enhancing the content creation process.
Whether you’re seeking efficiency, a side hustle opportunity, or improved accessibility, the following 10 AI transcription tools are worth exploring:
1. Rev.com
Rev.com boasts being the world’s top speech-to-text service, serving a diverse clientele, from small businesses to Fortune 500 giants. Their strength lies in the fusion of thousands of freelancers with highly accurate speech recognition Artificial intelligence . This unique combination allows users to choose between automated transcription and professional transcriptionists. The AI-generated transcripts are notably cost-effective and speedy, with a 90% accuracy rate.
Pricing: Human transcription costs $1.50 per minute, while AI-powered transcription is priced at $0.25 per minute.
2. Otter
Otter, an award-winning voice-first app, focuses on enhancing team collaboration by providing AI-powered note-taking features. It integrates seamlessly with calendar apps like Google Meet, Zoom, and Microsoft Teams. Otter Assistant automatically joins meetings, takes notes, and allows participants to add comments, assign actions, and highlight notes. It also offers real-time captions, meeting analytics, and speaker identification.
Pricing: Otter offers a free plan and two paid plans, starting at $17 per month (billed monthly).
3. Sonix
Sonix is trusted by leading educational institutions and multinational retailers, offering automated transcription in over 35 languages. Powered by state-of-the-art AI, Sonix provides word-by-word timestamps, speaker identification, and various export formats. Its user-friendly in-browser transcript editor simplifies editing and customization. Sonix also offers automated translation, subtitles, and a customizable media player.
Pricing: Sonix offers a pay-as-you-go option at $10 per hour or a premium subscription with a set monthly fee ($22 per user) and an hourly rate of $5 per hour.
4. Fireflies
Fireflies is a favorite among businesses, including Delta, Uber, and Expedia, for recording, transcribing, and searching voice conversations. It captures video and audio, creating transcripts within minutes. Unique features include conversation intelligence and the ability to create tasks using voice commands shared during meetings. Integration with popular tools like Monday.com and Trello simplifies task management.
Pricing: Fireflies offers a free plan and two paid options, starting at $18 per seat per month (billed monthly).
5. Audext
Audext focuses on providing an automated transcription service with an editing tool. It analyzes audio recordings, identifies spoken words per second, and produces transcripts with reasonable accuracy. While not as robust as some competitors, Audext supports over 60 languages and offers quick turnaround times.
Pricing: Audext offers several paid plans, starting at $5 per hour.
6. Scribie
Scribie, trusted by names like Netflix, Google, and Airbnb, offers automated transcription at a competitive price. While its accuracy may vary (80% to 95%), it provides an accuracy estimate for transparency. Scribie continuously improves its accuracy through user corrections.
Pricing: Automated transcription starts at $0.10 per minute, while manual transcription costs approximately $50 per 60-minute file.
7. Verbit
Verbit caters to businesses with professional-grade accuracy. Combining human intelligence and AI, it uses an automatic speech recognition (ASR) machine followed by human verification. Verbit offers live captioning, closed captioning, and translation services.
Pricing: Verbit uses custom pricing for projects; reach out to their team for more information.
8. Beey
Beey is an online app primarily used by journalists, video creators, and lecturers. It transcribes speech automatically, focusing on Slavic languages but recognizing speech in 20 languages. One unique feature is the inclusion of manual editing by professional editors.
Pricing: Beey charges €7.50 for one hour of transcription, with an enterprise package available for teams.
9. Speak
Speak’s software serves as a recording, transcription, and analysis engine for thousands of companies. It can convert video and audio files into text in as little as 10 minutes, with up to 95% accuracy. Speak offers unique recording capabilities, keyword search, and a systemwide find-and-replace feature.
Pricing: After a free 14-day trial, Speak’s pricing starts at $10 per month.
10. Trint
Trint sees itself as a collaborative content platform, saving content teams substantial time. It supports transcription in 32 languages and offers intuitive tools like comments, tags, and highlights for efficient teamwork. An attractive feature is the ability to pause your subscription plan when you don’t have tasks, allowing cost savings.
Pricing: After a free seven-day trial, Trint’s pricing starts at $60 per user per month.
In 2024, AI transcription tools are set to revolutionize transcription tasks, offering a wide range of features and pricing options to suit various needs and preferences. Whether you’re a business professional, content creator, or just looking to simplify your workload, these tools can make transcription tasks more accessible, efficient, and cost-effective.
Related post: 7 Game-Changing AI Tools for Your E-commerce Business
Discussion about this post