There's no doubt that artificial intelligence (AI) is rapidly transforming the tech landscape. One of the most significant ways AI is changing the sector is through its impact on transcription.
For years, transcription has been a time-consuming and often error-prone task that requires human input. However, AI is increasingly being used to create more accurate and efficient transcriptions.
In this article, we'll take a look at five tech companies that are using AI to improve transcription accuracy and efficiency.
What is Ai Transcription?
Ai transcription is the use of artificial intelligence to generate transcripts of audio or video files. This process can be used to create text-based versions of interviews, speeches, lectures, and other types of audio recordings.
There are a number of benefits to using AI for transcription. First, it can dramatically improve accuracy. Human transcribers are susceptible to errors, but AI can generate transcripts that are much more accurate.
In addition, AI-based transcription can be completed much faster than traditional methods. This is because machines can process large amounts of data much more quickly than humans. As a result, organizations can save time and money by using AI for transcription.
Third, AI transcriptions can be automatically translated into different languages, which is a valuable tool for global companies.
Fourth, it can save businesses the cost of hiring human transcribers.
Last, AI transcription can be used to create searchable transcripts that make it easy to find specific information within a recording.
The WCAG's strict guidelines on accessibility must be adhered to in order to meet the requirements and many companies already use AI to create transcripts of their audio and video content to make it more accessible for all users as they don't want to compromise on quality.
These 5 Tech Companies Use Ai Transcription
1. Google
Google is one of the leading tech companies when it comes to AI. The company's use of AI spans a number of different areas, including transcription. Because computers are becoming more adept at understanding speech, the company has made improvements to its speech recognition platforms in recent years.
Google's Cloud Speech-to-Text API uses machine learning to provide accurate transcriptions of audio files. The API supports a number of different languages, including English, Spanish, French, and Mandarin.
2. Amazon
Amazon is another tech giant that's using AI to improve transcription accuracy. The company's Amazon Transcribe service uses machine learning algorithms to automatically generate transcriptions of audio files.
Amazon Transcribe supports a number of different languages, including English, Spanish, French, Italian, and Portuguese.
3. IBM
IBM is another tech leader that's harnessing the power of AI for transcription purposes. The company's Watson Speech-to-Text service uses AI to provide accurate transcriptions of audio files.
Watson Speech-to-Text supports a number of different languages, including English, Spanish, French, Italian, German, and Portuguese.
4. Microsoft
Microsoft is also using AI to improve transcription accuracy. The company's Azure Speech Services uses machine learning algorithms to provide accurate transcriptions of audio files.
Azure Speech Services support a number of different languages, including English, Spanish, French, Italian, German, and Mandarin.
5. Kaltura
Kaltura is a video platform company that's using AI to improve transcription accuracy. The company's MediaSpace platform uses machine-learning algorithms to provide accurate transcriptions of video and audio files.
Kaltura's MediaSpace platform supports a number of different languages, including English, Spanish, French, Italian, German, and Portuguese.
Unlike the other companies mentioned, Kaltura is not responsible for the automatic transcription technology but uses a third-party service that provides it.
The Future of Ai Transcription: Will It Replace Humans?
Despite the benefits of using AI for transcription, it's unlikely that the technology will completely replace human transcribers anytime soon. This is because there are still some advantages to using human transcribers, such as:
Human transcribers, in some cases, can provide more accurate transcriptions than machines. This is because they can recognize contextual clues that machines may not be able to, such as when someone is speaking informally or using slang.
Additionally, professional transcriptionists handle the task of transcribing from beginning to end, similar to how business owners in other fields would rather hire someone else to do the work for them instead of taking care of it themselves. Even if they utilize time-saving software programs that automate some tasks, running them still requires effort, understanding, and time.
Wrapping up
There's no doubt that AI is transforming the transcription landscape. Technology is making it possible to create more accurate and efficient transcriptions. As a result, businesses are saving time and money. While AI is not likely to completely replace human transcribers anytime soon, technology is definitely changing the way transcription is done.
In the future, we can expect to see more businesses using AI-powered transcription services, and already some of the best companies in the world are using this technology, so there must be something behind it that is worth trying.
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