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Speech to Text or Human Transcription: Which Works Best for Your Needs?

Compare speech-to-text and human transcription: accuracy, cost, use cases, and pros/cons for your business.

By
Daniel Htut

Speech recognition technology and human transcription services have both become increasingly popular options for converting audio content into text. With automated solutions like speech to text, spoken words can be transcribed rapidly using machine learning algorithms. At the same time, human transcription remains a tried-and-true approach, with transcribers adept at accurately capturing audio.

As these technologies continue to develop, more people and organizations are leveraging them to efficiently transcribe podcasts, meetings, interviews, and more. The goal of this guide is to compare speech to text and human transcription. We'll break down how each method works, key benefits and limitations, and best practices to determine which is best suited for your needs. Whether you want rapid automated transcription or highly accurate human-generated documents, understanding these approaches is critical for unlocking the value in your audio content.

How Speech to Text Works

Speech to text, also known as speech recognition, converts spoken words into text. It relies on speech recognition technology that uses complex algorithms to analyze the acoustic features of speech and match them to words.

The technology works by breaking down the audio of speech into individual sounds and phonemes. It compares these sounds against a stored vocabulary to identify words. As more data is fed into the speech recognition engine, the algorithms continue to learn and improve accuracy over time.

Many speech to text services now utilize advanced deep learning and artificial intelligence (AI) techniques like neural networks. This allows them to better understand natural language and recognize different accents, tones and patterns of speech. The AI continues to learn as it processes more data, leading to ever-improving transcription accuracy.

A key driver in the improvement of speech recognition technology has been the application of machine learning. Vast datasets are fed into machine learning models to train them to correlate speech components to text. The more data they are exposed to, the more accurate they become. This is an ongoing process, allowing speech to text engines to continually enhance their performance.

So in summary, speech to text leverages complex AI and machine learning to analyze audio speech signals and convert them into text with increasing accuracy over time. The technology has improved tremendously in recent years and will likely continue advancing as more training data becomes available.

Benefits of Speech to Text

Speech to text software provides some key advantages over human transcription:

Speed and Cost Savings

  • Speech to text is extremely fast. Software can transcribe audio in close to real-time, while human transcription is limited by typing speed. This results in huge time savings.
  • Relatedly, speech to text costs a fraction of professional transcription services. The software requires a one-time purchase, while human transcription has continual labor costs tied to it.

Ability to Get Quick Transcripts

  • Speech recognition engines allow you to get automated transcripts instantly. Simply record an audio file, run it through the software, and receive a transcript within minutes.
  • This enables quick turnaround times compared to sending files to a transcriptionist and waiting hours or days for the work to be completed.

Hands-Free Operation

  • Speech to text software allows for a hands-free experience. You can read text aloud naturally without needing to type or take notes.
  • This makes it easy to get transcripts while multi-tasking or when typing is impractical. Recording with a mic enables effortless dictation.

Limitations of Speech to Text

Speech to text technology has improved tremendously, but it still has some limitations to be aware of:

  • Accuracy issues: Speech to text transcription generates errors more often than human transcription. It may inaccurately transcribe proper names or industry-specific terminology. The error rate increases for users with strong accents or imperfect diction.
  • Accent and audio quality problems: Speech to text software relies on the audio quality to produce accurate transcripts. Background noise, muffled audio, crosstalk, or thick accents can impede the transcription and cause errors.
  • Lack of punctuation and formatting: Speech to text solutions provide the raw text only, without punctuation, speaker identification, or formatting. This creates long, run-on transcripts that require extensive editing to add proper punctuation and readability.
  • Inability to interpret intent and meaning: Unlike a human, automated speech to text cannot discern the context, intent, or subtext of a conversation. The software transcribes words literally without understanding the meaning behind them.
  • Difficulty with specialized vocabulary: Speech to text often stumbles over industry-specific terminology and proper names outside its training data. It may substitute similar-sounding words or generic placeholders for uncommon vocabulary.
  • Privacy concerns: Speech data goes to a third-party provider for processing, which raises privacy questions around data collection and use.

How Human Transcription Works

Human transcription is the process of a trained professional manually listening to audio or video files and typing the content verbatim into text documents. Unlike automated speech recognition, human transcription relies entirely on skilled human transcribers.  

Transcription companies hire and train professional transcribers to listen attentively to audio or video files and accurately transcribe the content into text. Transcribers often undergo testing during the hiring process to evaluate typing speed, listening comprehension, and accuracy skills. They also complete training on transcription guidelines, formatting, and quality standards.

During the transcription process, the human transcriber carefully listens and repeatedly reviews the audio to capture every word and vocalization into text. The completed document is then subjected to stringent quality assurance checks, including proofreading, editing, and feedback from supervisors.

The main advantage of human transcription is significantly higher accuracy compared to automated solutions. Professional human transcribers have a deep understanding of language and context to produce high quality transcripts. While machine transcription may struggle with heavy accents, mumbling, or niche terminology, human transcribers can comprehend nuances and complex audio much more accurately.

Overall, human transcription provides highly accurate, verbatim text transcripts while supporting robust quality assurance and training processes. The meticulous human-powered approach results in high-quality documents ideal for legal, academic, media, and other settings requiring precision.

Benefits of Human Transcription

Human transcriptionists offer extremely high accuracy because of their ability to understand context and interpret meaning that automated services cannot. Professional transcription services provide:

  • Very high accuracy: Human transcriptionists properly interpret audio files, accents, mumbling speakers, and technical terms that speech recognition software may struggle with. Their ability to understand context helps them distinguish homophones and clarify inaudible sections.
  • Ability to understand context and meaning: Unlike automated services, human transcribers comprehend the meaning behind the words and the speaker's intentions. This allows accurate documentation of the full context.
  • Proper formatting and punctuation: Human transcriptionists punctuate text and format it for readability. They insert proper commas, periods, quotation marks and line breaks. This creates a polished, professional document.

The human touch of professional transcription ensures the highest degree of accuracy possible. Human ears paired with expertise in a subject matter produces reliable and usable transcripts. Customers can expect correct interpretation of the audio and industry-specific vocabulary. For recordings requiring very high accuracy, human transcription is the clear choice.

Limitations of Human Transcription

Human transcription services have some drawbacks compared to automated speech recognition:

  • Higher cost - Paying a professional transcriptionist to manually transcribe audio is more expensive than using automated software. Transcription services typically charge per audio hour or word count, which can add up for long recordings.
  • Takes more time - It naturally takes longer for a person to listen and type up an audio file versus a computer program. Turnaround times for human transcription tend to range from 12-48 hours on average depending on the length, quality, accents, and special formatting needs.
  • Potential for human error - Although professional transcriptionists are highly skilled, some errors in comprehension, spelling, punctuation etc. can still occur. Typing mistakes or mishearing words is inevitable from time to time. Automated software may actually have higher overall accuracy rates for clear audio.

Human transcription remains an essential service for any content that requires meticulous accuracy and formatting. But the additional costs and time lag need to be factored in, especially for frequent or high volumes of audio content. Automated options may be more efficient and cost-effective depending on the use case.

Speech to Text vs. Human: Direct Comparison

Speech to text and human transcription both have their advantages and disadvantages. Here is a direct comparison between the two methods:

Accuracy

  • Speech to text has improved significantly in recent years thanks to advances in AI, but human transcription is still more accurate overall, especially for complex audio with accented or indistinct speech.
  • However, speech to text may be "good enough" for simple audio recordings without much background noise. For precise transcripts, human transcription is preferable.

Cost

  • Speech to text is generally the more cost-effective option. After the initial software purchase, the ongoing costs are minimal compared to hiring human transcribers.
  • That said, cleaning up speech recognition errors can negate some of those savings. For flawless accuracy, human transcription has the advantage despite higher base costs.

Speed

  • Speech to text is much faster, providing a rough transcript in close to real time. This enables quicker turnaround times compared to the hours or days for human transcription.
  • However, humans can provide time-stamping and speaker labelling not available in speech to text. This adds more value but requires more time.

Use Cases

  • Speech to text shines for simple dictation, short voice memos or calls, interviews, and automated captioning or subtitles.
  • Human transcription is preferred for sensitive legal/medical content, long-form audio, focus groups, and complex multi-speaker recordings.
  • For most casual personal or business uses like meetings, either option may suffice depending on accuracy needs.

In summary, weigh factors like accuracy, cost, time, and use case when deciding between automated vs human transcription. Combine both methods for optimal quality and flexibility. With the right approach, you can efficiently transform audio into usable text.

Best Practices

Getting the most accurate and usable transcripts from audio requires using the right tools and techniques. Here are some best practices to follow:

Tips for Improving Accuracy of Speech to Text

  • Speak clearly and at a moderate pace into the microphone. This will help the speech recognition engine better understand you.
  • Reduce background noise like typing, music, or multiple voices which can confuse algorithms. Use a quiet environment or noise-cancelling mic.
  • Train the speech recognition engine by correcting errors and feeding transcripts back into the system. Over time, accuracy will improve for your voice.
  • For technical or niche content, provide vocabulary lists, names, product details etc to improve recognition of industry terms.
  • Break long recordings into smaller files of 5-10 minutes. Shorter files tend to be more accurately transcribed.
  • Review transcripts and correct any lingering errors. Accuracy rates are rarely 100%, so human review is key.

Recommendations for Using Human Transcription

  • Have experienced transcriptionists familiar with your subject matter transcribe the files to ensure high accuracy.
  • For interviews or clear audio with one speaker, accuracy can reach 98-99% for human transcription.
  • Humans are better at understanding context and grammar rules to produce coherent sentences.
  • Human transcribers can properly punctuate text and separate speakers in an interview.
  • For accurate transcription of niche or highly-technical topics, human skills are superior.
  • Human transcription is better for audio with multiple speakers or overlapping conversations which can confuse AI.

Combine Approaches

The best solution is often to use both speech to text and human transcription. Use speech recognition to get a draft transcript, then have humans review, edit and finalize the document for maximum efficiency and accuracy. This hybrid approach provides the benefits of automation with human expertise.

Conclusion

Speech to text and human transcription both have their advantages and disadvantages. To recap, the main benefits of speech to text are that it is fast, low cost, and easy to use. It works well for short audio recordings with clear speech. However, accuracy decreases for longer or complex audio, accented speech, and background noise.

Human transcription provides highly accurate transcripts, with the ability to understand context and meaning. It's the best option for long, complex, or technical audio. However, it is more time consuming and expensive compared to speech to text.

When deciding which option to use, first consider your budget and time constraints. For occasional transcription of short, simple audio, speech to text will likely suffice. If you require highly accurate transcripts of long or complex audio on an ongoing basis, human transcription is worth the additional investment.

Speech to text technology continues to improve each year through advances in AI and machine learning. Over time, it will likely become more accurate for more use cases. But for now, certain audio requires human understanding to capture every word correctly.

The best approach may be using speech to text as a first pass, then having humans review and edit the transcript for maximum efficiency. This ensures high accuracy while optimizing time and cost. The optimal transcription workflow depends on your specific needs and audio content.

Whichever method you choose, accurate transcripts are invaluable for searching audio content, repurposing it across formats, and maximizing its value. Carefully consider your requirements to determine if automated or human transcription is the right fit.

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