If you’ve ever conducted a meeting, you’ll know that transcription isn’t going anywhere. Transcripts are an excellent tool for reference. People no longer need to wonder who said what or when. They can get every detail they need from a discussion, even if it happened years ago.
Exciting Developments in the Transcription Realm
Well, as with every other activity, transcription is evolving. Gone are the days when secretaries used to write down a whole passage as narrated by their managers. Today, we have audio recorders and transcription service providers.
But what will the transcription landscape look like in the next decade or so? Here are some technologies in the making, guaranteed to make a splash and make life a whole lot easier for students, businesspeople, and more.
Artificial Intelligence Takes Accuracy to a Whole New Level
Here’s a development you’ve probably been unable to ignore. Many transcription tools are seeing increased accuracy thanks to machine learning algorithms. With the existence of vast and diverse data collections, AI models receive all the training they need to transcribe audio efficiently. Currently, speech recognition tools face difficulties in transcribing different accents and dialects. Soon, that will be a thing of the past.
Immediate Transcription Results: No More Waiting
Can you imagine watching a live event and having to wait for a transcript? That’s generally how it works right now. While the end result is the same, getting the gist of the conversation, you’ll find real-time information more useful. Whether you’re attending a meeting or conference, an immediate transcript will mean more for accessibility and collaboration.
Multilingual Transcription Breaks Barriers
Today’s typical transcription tool may be adept at handling popular American and British accents. However, many other accents and languages exist. Considering how the world is increasingly globalized, it’s only apt for speech recognition software to accurately transcribe words spoken in French, Chinese, and more. It’s time to bid farewell to language barriers.
Better Functionality From Integrating With Other Technologies
As technology continues to advance, you’ll find the rise of virtual assistants, facial recognition tools, and more. You may wonder how these connect to transcription. Well, picture a conference call with 50 attendees. Video analytics and facial recognition will aid a transcription tool in identifying speakers and increasing accuracy. Furthermore, virtual assistance software may easily retrieve stored transcripts to facilitate discussions.
Specialized Transcription for Demanding Fields
In the fields of medicine, law, and engineering, the discussions held usually contain specialized jargon and vocabulary. As such, you’ll notice that a generic transcription tool cannot accurately convert such audio into text. In this arena, AI comes to the forefront again. When an artificial intelligence model receives training on industry-specific terminology, it will bring higher accuracy to technical transcripts.
Better Collaboration and Editing Features on Transcription Tools
As much as we’d like transcription tools to be perfect, they aren’t. Until the day automated transcripts come out without errors, humans will have to play a part in editing them. Therefore, users will expect transcription software to contain better collaboration, annotation, timestamping, and editing tools.
Automated Summary and Analysis Bring Transcripts to Life
A transcript is a word-for-word text document that corresponds to an audio recording. As it stands, users are still reading through from start to finish and forming their own summaries and analyses based on their contents. How do we improve this workflow? Users should be able to extract crucial points, patterns, and trends from transcripts without putting in extra effort. And by integrating automatic summarization tools, that will be a reality.
A Glimpse of the Future of Transcription
Are you excited? We certainly are. Thanks to AI, NLP, and other connected technologies, we’ll definitely see a drastic change in transcription. In this article, we’ve given you a glimpse of what’s to come. It’s now your duty to stay informed! In the meantime, you can depend on GoTranscript.com to meet all your needs.