Rev.com offers automated Ai transcription services by an Ai (90% accurate and a 5-minute turnaround time) for. Rev.com offers human transcriptions (99% accuracy and an average of ~5-hour turnaround time) for $1.50 a minute. Rev also has automated ai transcription services that boast close to a 90% accuracy and are far cheaper and faster to receive than the Ai, human combo. This service uses Ai and humans to transcribe the content, add subtitles, closed captions, and more. Rev offers various services, with their most accurate transcription service at 99%. It is the number one transcription service in the world, with over 72,000 freelancers and 750,000 customers. Rev.com is a powerhouse in the transcription space. But the most cost-effective, high-accuracy solution is to use a combo of an ai transcriber and a human editor. If you pay by the minute for rev.com, they use a combination of ai, and then humans to correct the transcript, which ensures a 99% accuracy rate for transcribing audio to text. To give you a better idea, a 2021 study on the accuracy of Ai powered transcription showed an accuracy rate of around 86%. However, paying a human for their time is a lot more costly than running an ever-scalable bot. It’s still the case that human transcribers are likely more accurate than an Ai transcription bot. Human vs Ai Transcriptionīefore the advent of speech recognition bots, transcripts were done by hand. This Ai transcription model is incredibly accurate and will no doubt power a new wave of apps. A relatively new speech-to-text model, Open Ai’s Whisper, came out just a month ago. There have been plenty of models trained around natural language processing. Once the models are trained, transcribing audio is a relatively straightforward task for an Ai.
When it comes to artificial intelligence, transcription services are a no-brainer use case.
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