AI is making huge strides in the world of technology, but did you know that it's also making it easier to transcribe your audio or video interviews? While this may seem like old news to some, transcription companies such as Amara and Transcribe let you harness the power of AI to produce accurate transcripts in a fraction of the time. These amazing new tools can cut costs and improve your bottom line tremendously.
Manual or AI-powered Transcription is better?
Some people are hesitant to invest in AI-powered transcription because they think it will never be as good as a human. However, in the modern age of AI, the software is intelligent enough to read between the lines and detect your tone and meaning like a skilled editor. Thanks to machine learning, AI can easily adapt to your talk patterns and become better at transcribing every day.
Take a look at Amara. Think of them like Google Translate but for audio, the machine learning portion comes from Amazon . They've developed an algorithm that makes specific notes and corrections to your speech as it's being transcribed. They then build on what they learned to make their transcripts more accurate in the future.
Despite the fact that AI-powered audio transcription has improved tremendously in recent years, it still faces many challenges when it comes to accuracy of special subjects such as law, medicine, etc. So, AI-powered transcription is most effective when humans validate the transcript afterward, correcting any errors or misinterpretations that are made by the AI. The ideal candidate for this role is to be an expert in the field so that they know the correct terms to use.
Real-world Applications of Audio Transcription
Transcribing isn't just a tool for the medical field anymore. It's also a critical step in how businesses communicate with customers and prospects. As technology advances, it’s becoming easier to utilize transcription, making it a powerful tool for communication. Let’s take a look at some real-world applications of audio transcripts.
- 1. Corporate Use
Businesses can also benefit from the use of audio transcriptions. The ability to understand nonverbal communication cues will only make it easier for businesses to discover what their clients want and need from them. It can also help them increase their ability to determine whether a potential customer is trustworthy or not based on visual cues that may be more difficult for an untrained eye to recognize.
- 2. Increasing Language Fluency Not only does
Increasing Language Fluency Not only does audio transcripts offer a perfect alternative when verbal communication is lacking, it can also help with language acquisition. People who are learning a new language will find it easier to interpret the spoken word and make sense of what someone is saying.
- 3. Increasing People’s Ability to Communicate
Sometimes, an audio transcript can help increase people’s ability to communicate in a manner that they otherwise would not have been able to. Those with a language barrier or those with speech problems such as stuttering may find it easier to understand their spoken words and express what they want to say. It can also help people who may be hesitant to speak publicly gain more confidence in their ability to do so by helping them ease into the conversation.
Resolving Transcription Challenges for greater accessibility
AI has a lot of challenges in the process of creating accurate transcripts. Many of them have to relate to the fact that the human voice varies significantly based on the speaker. In order for AI to be able to record the correct dialogue of a speaker it must know the language spoken by the speaker, dialect accent, tone, volume, and pitch. This is a huge number of elements that can be considered, and you can envision the amount of information needed to train these models.
It is essential that businesses who develop audio transcription services employ an holistic approach to creating a training data set. This means taking all the potential users of the service into consideration, and making sure their differences in speech are captured within the data used for training. If the data is not fully represented the system will be unable to distinguish words from specific speakers, resulting in a frustrating user experience. For the moment the most effective option for businesses is to include human reviewers in the process.
Choose Kotwel for Professional Transcription Services
At Kotwel, we completely understand the requirements and boundaries of professional transcription services. We sure can help your business gain access to accurate information, be more efficient, and gain savings.