The absolute benefit of human transcription over automated transcription is accuracy. Automated transcription software often makes mistakes, especially with complex words, background noises, industry jargon, or when the speaker has a heavy accent
Other benefits of human transcription include the ability to transcribe multiple speakers, to transcribe in real-time, and to add punctuation and other formatting and customizing features like individual speaker labels, redaction of PII, etc.
Automated transcription is the basic process of converting speech into text using AI-based speech recognition software or technology. You can use automatic transcription for various purposes, such as converting lectures into text, research purposes, transcribing meetings, or interviews.
You can save yourself a good chunk of time by using the automated transcription. If you have a lot of audio or video files, then automated service is your ultimate savior as it helps generate transcripts much faster than manual transcription.
You can transcribe anytime, anywhere, with automated transcription software or tools. Also, automated transcription is relatively more cost-effective than human transcription.
Both automated and manual transcription have their pros and cons. Then, what is the best way to filter and select the most promising one for you? To decide which type of transcription you need, you will need to consider the purpose of the transcription. Human transcription is the better option if accuracy is more important than cost. However, automatic transcription is more favorable if cost matters more than accuracy. If you want a few neat copies, go with manual transcription without a second thought. But machine transcription is there for you if you’re looking for bulk transcripts.