In the modern, fast-paced world, Audio to text transcription is more important than ever. 

According to Statista, the AI transcription market size is expected to show an annual growth rate (CAGR 2024-2030) of 14.24%. This stat is a mere reflection that these tools are not just luxury–they’re indispensable. 

Modern industries like healthcare, education, and media are jumping on the bandwagon and embracing AI to meet their increasing need to transcribe audio to text. 

This article explores “How can AI transcribe Audio Recordings to Text” and compares the best tools you have at your disposal. 

Let’s go.

🔑 Key Highlight
  • The process of converting Audio to text using AI follows a complex system involving advanced algorithms, natural language understanding, and machine learning algorithms.
  • AI audio to text converter has modified the way spoken language is transcribed into written text. 
  • There are a lot of factors you need to consider to get the best out of AI Audio-to-Text Transcription.
  • AI transcription provides a critical way of making audio content accessible to persons with hearing impairments. 
  • Audio recording transcription is definitely one surefire way for documentation and backup.

Technical Breakdown: How Can AI Transcribe Audio Recordings To Text?

Technical Breakdown: How Does AI Transcribe Audio To Text?

The process of converting Audio to text using AI follows a complicated system involving progressive algorithms, natural language understanding, and machine learning algorithms. Let’s look at the simple description of the step-by-step process of how AI transcribes audio to text:  

I. Audio Processing

The process of audio transcription using AI starts with seizing raw data. Audio data from various sources, such as voice recordings, podcasts, and phone calls, is captured and processed. 

Raw audio is typically digitized, i.e., converted into a computer-processable format. Various steps are taken to enhance the clarity of audio, including filtering background noise. A normalization process is also done, which adjusts the audio level to ensure clear and consistent speech. 

Some tools also do further enhancement techniques to improve the understanding of audio. This additional step is performed in situations where audio is muffled. 

II. Speech Recognition

At the core of the transcription process is speech recognition technology, which is responsible for converting audio to text. This involves several sub-processes:

  • Feature Extraction: The raw audio is divided into a large number of minor segments in time, or “frames,” from which the features relevant to the analysis of pitch, tone, and frequency are drawn. In this way, the AI model learns how to perceive the subtlety of speech.
  • Acoustic Modeling: Most AI models use acoustic models that have been trained with huge speech data. These learn to segment the acoustic signals, or simply the sounds, back into their respective phonetic units or speech sounds. In fact, this constitutes the training that allows it to recognize various accents, dialects, and patterns of speech so that it becomes adaptable across diverse speakers.

The AI then uses decoding algorithms to match the acoustic features into possible sequences of words. Among the techniques used in the process, the most popular models are Hidden Markov Models and Deep Neural Networks.

III. Natural language Processing

The conversion of audio to text is completed in the speech recognition step. With Natural Language Processing, the output is refined and improved. This process adds several layers of understanding and correctness to the production. Let’s look at some factors which are looked at during NLP: 

  • Contextual Understanding: NLP algorithms try to understand the context of the sentences and what they mean. Sometimes, some words sound the same, and they mean different things. NLP tries to interpret these differences and understand the general meaning of the output. 
  • Punctuation and Formatting: Since the spoken word does not contain punctuation, the output from the speech recognition phase also doesn’t. NLP inserts appropriate punctuation like commas, periods, question marks, and line breaks to make the transcribed text more readable. 
  • Error Correction: NLP also solves errors caused by mispronunciations of any word. The language model is trained to identify patterns and common phrases so that it can automatically correct general errors. 

IV. Output Generation

The last step is generating output after the transcription has been processed. Depending on the software used, this text can be exported into a number of formats: Word documents, DOCX; PDFs; or plain text files, TXT. More advanced systems allow integration of the transcribed text directly into applications such as email platforms, content management systems, or speech to text services for direct use.

Moreover, most AI transcription tools allow users to review the output and manually observe and edit inaccuracies.

📖Also Read: Best Ways to Use Artificial Intelligence in a Call Center

Advantages of AI Audio-to-Text Transcription

AI audio to text converter has modified the way spoken language is transcribed into written text. AI-driven transcription offers a set of benefits based on different user requirements. Some of the prime advantages of AI transcription tools are boundless.

1. Identification of Industry-Specific Vocabulary

Industry-specific vocabulary recognition is one of the value-added propositions of these AI transcription tools. Most of the advanced tools have been trained on domain-specific datasets, making them very accurate in transcribing terminology concerning the healthcare and legal fields or technical industry sectors. In that way, professionals will have very reliable transcriptions with minor corrections, enabling them to save time and be more productive.

2. Accessibility for the Hearing Impaired

AI transcription offers a crucial way to make audio content accessible to people with hearing impairments. Converting spoken language into text helps organizations meet established accessibility standards. This step is essential in ensuring that everyone, regardless of their profile, has access to information. This provision is particularly effective in educational settings, where it supplements learning materials and promotes effective engagement for all students.


Transcribed text can be further analyzed using natural language processing techniques, providing valuable insights into key information that an organization might extract from the audio. Examples include analyzing customer feedback sessions or focus groups for trends, sentiment, and important takeaways. This ability enhances decision-making and strategic planning by turning raw audio data into actionable insights.

3. Data Analysis and Insights

Transcribed text can be further analyzed using natural language processing techniques, providing valuable insights into key information that an organization might extract from the audio. 

Examples include analyzing customer feedback sessions or focus groups for trends, sentiment, and important takeaways. This ability enhances decision-making and strategic planning by turning raw audio data into actionable insights.

4. Creation of Educational Resources

AI transcription tools can allow educators to provide additional materials based on recorded lectures and discussion sessions. Transcripts can also be utilized to make study guides or summaries, even lecture notes, so students supplement information and keep it for quite a long period. 

This is very helpful for those students who might have difficulty keeping comprehensive notes during a lecture and thus let them review again in such a way and pace that one prefers and that could help reinforce learning.

5. Time-Stamped Transcriptions

With time-stamping, most AI performance in transcription allows users to pinpoint exactly where certain audio falls. This is extremely important to researchers, content creators, and journalists who want to refer mostly to an exact moment of some recorded interview or event. 

The preferences save the users critical moments of trying to find valuable moments valued in the compilation of reports or creating content from audio sources.

6. Integration of Language Translation

Living in today’s world, where globalization is gnawing at our roots, the ability to transcribe audio in any language is a gift that counts its price. Most AI transcription services today combine this feature with translation capabilities so that a person can get both—what they call the transcription and translation of the text—into multiple languages. 

This capability is essential for business enterprises operating across diverse markets or dealing with different segments of international clients, as it helps them in communication and access.

7. User-Driven Learning

This user-driven learning enables the models to adjust to specific speech styles and preferences. This aspect increases the accuracy of the transcription of the individual user or user groups. 

AI transcription tools are continuously developed based on user interaction and feedback, given that the more a given user feeds the output with feedback, the more capable the AI will be in processing typical accents, speech patterns, and terms characteristic of this particular user so that much better results can be achieved through the tool.

8. Back Up and Documentation

Audio recording transcription is definitely one surefire way for documentation and backup. Companies can have exact records of meetings, interviews, and discussions that are useful and in great demand for either legal or future reference. 

This depth of documentation helps keep an organization organized and ensures that important information will be retained while miscommunication and loss of important data are avoided.

How to Get the Best of AI Audio-to-Text Transcription? 

How to Get the Best of AI Audio-to-Text Transcription? 

There are a lot of factors you need to consider to get the best out of AI Audio-to-Text Transcription. Optimizing the aspects necessary will enhance the accuracy as well as save you valuable time as you have to spend fewer resources on post-transcription editing. Let’s look at some of the top tips for you to follow to get a better result in transcription:

A. Audio with Clear Sound

  • Get rid of background noise: Background noise can confuse AI models, significantly reducing transcription accuracy. The quality of the audio recording is the most critical factor for accuracy. 

To ensure the best results, record in a quiet environment with minimal or no background noise. Avoid noisy locations or use soundproofing techniques if possible.

  For example, fans and air conditioners which interfere with audio clarity should be avoided. A clear and optimal recording environment is essential for high accuracy.

  • Invest in a good microphone: A high-quality microphone always improves sound clarity. Using low-budget microphones will capture muffled and distorted sound, making it harder for AI transcription tools to translate accurately. Additionally, a noise-canceling microphone will further enhance sound quality and accuracy.
  • Speak at a decent rate: Speaking clearly and at a moderate pace can greatly improve transcription accuracy. Clear pronunciation helps AI tools significantly boost accuracy. Ensure key details are not missed, and if recording with multiple speakers, avoid overlapping speech.

B. Use High-Quality AI Tools for Transcription

  • Specialized Software: Most providers have developed powerful AI tools specifically trained for audio transcription. Use tools customized for your needs to improve accuracy, especially when dealing with technical terms.
  • Adaptive AI: Some advanced systems can be trained on specialized vocabulary and phrases specific to an industry. Customization options like these enhance performance, making transcriptions more accurate in specialized areas.
  • Pull Accuracy Reports: Choose an AI transcription tool that provides accuracy ratings or reliability reports. These reports offer insights into the software’s overall performance and help estimate how much manual editing may be required after transcription.

C. Clean Audio Files Before Transcription

  • Clean up the audio for clarity: You need to properly clean and edit the raw audio before submitting it to the AI for transcription. Many noise-cancellation software or audio editing tools will help you remove background sounds and clean the audio properly. You also need to take care of distortions and unwanted sounds to improve transcription quality. 
  • Standardize file format: Almost all AI tools have a list of standard formats that they support; you need to convert your file into standard formats like MP2, WAV, or M4A before submitting it to avoid compatibility issues that negatively hampers audio quality. 

D. Proper Language and Model Selection

  • Support for languages and accents: Since AI transcription is not limited to one language, you need to be aware of the languages the tools support. Many transcription tools nowadays go as far as to support options for regional accents. Global businesses and multilingual teams take advantage of this feature as they can easily transcribe audio in different languages and accents. 
  • Handling of multiple speakers: Interviews and podcasts will have multiple speakers, and to transcribe the audio from these sources, the AI must be able to identify and label different speakers. If the tool can do that, the final transcript will be clear, readable, and easier to understand. 

E. Post-Transcription Editing 

  • Manual checks for accuracy: As we have discussed before, even the most accurate of AI tools can’t ever guarantee 100% accuracy. So, after transcription, there is a need for manual checks to correct the mistakes made. To establish a polished final result in professional documents, manual edits are detrimental. 
  • AI-assisted editing: It is always a hassle to check all the incorrect punctuation manually. So, the AI-transcribed text can be sent to AI tools to check for punctuation and other grammatical inaccuracies. 

F. Leverage Advanced Features

  • Real-time transcription: Some AI tools have real-time transcription features. This feature can be useful while transcribing live events, meetings, or webinars. You can immediately take notes or transcripts of live interactions. You are able to follow the conversation as it happens with real-time transcription. 
  • Integration with other tools: Other AI tools can be integrated with the AI transcription platform to increase productivity. Tools like Google Docs, Microsoft Word, or email systems give AI tools extra features, further enhancing their productivity. 

AI Transcription VS Manual Transcription: The Key Differences

Let’s look at the major differences between AI Transcription and Manual transcription: 

Feature AI Transcription Manual Transcription
Speed Fast, often real-time or near-real-time Slower, usually takes longer to complete
Accuracy Generally lower, can struggle with accents or background noise Higher accuracy, especially with trained professionals
Cost Typically lower cost Higher cost due to labor-intensive nature
Consistency May vary depending on the AI model used Consistent quality from human transcribers
Flexibility Limited to predefined commands and context Can adapt to complex instructions and nuances
Editing & Formatting Basic formatting options, may require post-processing More thorough editing and formatting capabilities
Privacy Data may be stored or processed in the cloud More privacy, especially with local transcription
Use Cases Best for quick notes, meetings, and general content Ideal for legal, medical, and sensitive documentation
Learning Curve No special skills required Requires training and experience for high-quality results
Languages Supported Limited to popular languages and dialects Can handle a broader range of languages and dialects
Integration Easily integrates with various software tools May require manual input into software tools
Feedback & Adaptation Limited ability to learn from user feedback Can incorporate client-specific preferences and feedback
Context Understanding May misinterpret context  Better understanding of context and industry-specific terminology
Technical Issues Susceptible to errors from software glitches or updates Fewer technical issues; relies on human skills and judgment
Scalability Easily scalable for large volumes of work Limited scalability due to time and human resources

5 Best Audio Transcription Tools

As organizations strive for a trustworthy transcription tool, many of the market are working towards delivering a perfect product that promises excellence. Let’s look at our top picks for AI transcription in the market. 

Tool Pricing Features Pros & Cons
Otter.ai – Free plan: 300 minutes/month

– Pro plan: $16.99/month (6,000 minutes)

– Business plan: $30/user/month

  • Real-time transcription
  • Automatic speaker identification
  • Export transcripts as text files
  • Syncs with calendar apps for meeting integration
Pros
  • User-friendly interface
  • Excellent for multi-speaker transcription
  • Real-time note-taking for meetings
  • Affordable plans for casual users

Cons 

  • Accuracy drops with background noise
  • Some advanced features are limited to premium plans
Rev.com – AI transcription: $0.25 per audio minute

Human transcription: 

$1.50 per audio minute

  • 99% accuracy for human transcription
  • Fast turnaround times (as little as 5 minutes for AI, 12 hours for human)
  • Supports various audio and video file formats
  • Mobile app
Pros
  • Best for high-accuracy requirements
  • Available in multiple languages
  • Flexible pricing for different needs
  • Excellent customer support

Cons

  • Expensive for longer audio files
  • Limited features for AI transcriptions
Temi – $0.25 per audio minute
  • Quick turnaround (minutes for most files)
  • Provides timestamps and speaker identification
  • Downloadable transcripts in multiple formats
  • Mobile apps for on-the-go use
Pros: 
  • Affordable pay-as-you-go pricing
  • Fast processing times
  • Intuitive user interface
  • High quality for clear audio

Cons:

  • Accuracy decreases with noisy backgrounds
  • No human transcription option for higher accuracy
Sonix – Pay-as-you-go: $10/hour of audio

– Premium plan: $22/month for up to 5 hours (additional hours $5/hour)

  • Multi-language transcription
  • Advanced collaboration tools (share, comment, edit)
  • Automated translation
  • Video subtitling and transcription
Pros
  • Excellent for teams and collaboration
  • Multi-language support
  • Affordable for regular users
  • Integrates with various apps (Zoom, YouTube, etc.)

Cons: 

  • Steeper learning curve for beginners
  • Can get costly if usage exceeds the plan limits
Descript – Free plan: 1 hour of transcription

– Creator plan: $12/month (10 hours)

– Pro plan: $24/month (unlimited transcription)

  • Audio and video editing
  • Overdub feature for correcting voice errors
  • Multi-track transcription
  • Collaborate in real-time with teams.
Pros: 
  • Combines transcription and editing tools
  • Innovative features for content creators
  • Affordable for small teams or individuals
  • Good value

Cons:

  • Learning curve for new users
  • Limited transcription hours in the free plan

Conclusion

The advent of AI has revolutionized audio to text transcription and it has become a new norm with a lot of businesses. The modern tools have advanced natural language processing, deep learning, and machine learning. 

Regardless of your profession, you can always use these tools to access fast, accurate, and scalable solutions. 

Say goodbye to typing manually!

FAQs

Is AI Audio to Text Transcription 100% accurate?

No, while clear and concise audio can be transcribed with almost perfect accuracy, there is no guarantee that AI transcription is 100% accurate. With time, providers have worked hard to improve accuracy, helping it reach an all-time high. 

How Long Does it Take AI to Transcribe Audio Recordings?

AI tools can transcribe audio recordings in an astonishingly fast amount of time. With time, they are slowly replacing all manual transcribers as they deliver outstanding accuracy in a surprisingly quick amount of time. Almost all of the transcription is done in real-time, saving a lot of time for businesses. 

Can AI Transcribe Audio from Multiple Languages? 

Yes, AI can transcribe your audio from multiple languages. It depends on the service provider, but almost all AI tools can transcribe the most popular dialects. Your audio must be clear and concise for you to receive satisfactory results. 

Are There any Tools that Transcribe Audio for Free? 

Yes, many different tools offer free audio transcription. However, you may need to pay to access some advanced functionalities.

Can ChatGPT Transcribe Audio from Text?

ChatGPT doesn’t have the built-in capability to process audio files directly, but there are many ways it can assist you in audio transcription. 

It can: 

  • Assist you in finding tools
  • Refine your final result
  • Provide formatting tips
  • Suggest custom settings

Prasanta Raut

Prasanta is the founder and visionary CEO of Dialaxy. He is on a mission to redefine the landscape of SaaS solutions, infusing creativity and ingenuity into every aspect of Dialaxy’s offerings. His fervent dedication to simplifying sales and support processes drives Dialaxy’s forward momentum, delivering unparalleled value to businesses of all sizes. Embark on a transformative journey with Prasanta and Dialaxy as they pave the way for a new era of sales and support excellence.

Prasanta is the founder and visionary CEO of Dialaxy. He is on a mission to redefine the landscape of SaaS solutions, infusing creativity and ingenuity into every aspect of Dialaxy’s offerings. His fervent dedication to simplifying sales and support processes drives Dialaxy’s forward momentum, delivering unparalleled value to businesses of all sizes. Embark on a transformative journey with Prasanta and Dialaxy as they pave the way for a new era of sales and support excellence.