Making written transcripts from audio and video not only helps search engines like Google find the content easily but also makes it accessible to people who are hard of hearing. However, getting transcriptions done by humans can be slow and expensive.
That’s why many companies and content creators opt for AI (artificial intelligence) transcription software. These tools are user-friendly and provide quick and accurate transcripts.
There are numerous AI transcription tools available today, so we’ll guide you through the nine most accurate options to assist you in making an informed choice. Later, we’ll share tips on selecting the best software that suits your needs.
What is AI transcription?
AI transcription software, also known as AI speech recognition software, uses artificial intelligence to convert spoken words into written text. High-quality AI transcription software generates text that closely matches the original speech.
You can access these transcription tools online using a phone or a computer. They differ in terms of speed, accuracy, and cost. While some require a subscription, others are free. However, it’s worth noting that free AI speech recognition software may produce less accurate text.
You can use AI transcription software to add captions and subtitles to videos, as well as create transcripts for interviews or meetings.
How does AI transcription work?
AI transcription software employs machine learning to transform sound waves into units of speech known as phonemes, which are fundamental sounds like “th” and “wh.”
Probability analysis is then used to predict words based on the sequence of phonemes. This process is repeated to guess complete sentences.
How accurate is AI transcription?
AI transcription is remarkably accurate, with the best AI speech recognition tools achieving 90% accuracy or higher. With the assistance of a built-in editor, you can easily enhance accuracy to 100% by correcting any minor errors in the transcript.
Now, let’s explore the most accurate AI transcription tools in detail.
Quick Review
| Tool Name | Key Features | Best For | Pricing |
|---|---|---|---|
| Riverside | – Unbeatable accuracy with Open AI’s Whisper software – Immediate transcription – Speaker differentiation – Transcripts in 100+ languages – Text-based editing – Exports as SRT or TXT – Captioning tool | Anyone needing an all-in-one professional recording, editing, and transcription platform. | $24/month for 5 built-in credits |
| Adobe Premiere Pro | – Free trial available – Transcribes in 14 languages – Reduces background noise – Text-based editing | Professional content creators needing advanced video edits alongside transcription. | $35.99/month |
| Otter.ai | – Real-time transcription – Identifies speakers – Integrates with Google Chrome – Syncs files automatically | Businesses or teams needing real-time automated transcription for meeting notes to boost productivity. | Free plan, paid plans start at $16.99/month |
| Rev | – Highly accurate text transcriptions – AI-powered transcription – English subtitles for videos – Supports translated subtitles – Customization of transcription formatting | Content creators looking to reach a wider audience through video captions. Professionals needing to analyze audio content efficiently. | Subscriptions start at $30/month |
| Fireflies | – Live transcription during meetings – Seamless integration with video conferencing platforms – Upload audio files for transcription – Integration with other apps using Zapier | Professionals in various industries relying on web conferencing platforms for communication. | Free plan, paid plans start at $18/month |
| Beey | – Automatic transcription with advanced voice recognition – High-quality captions and subtitles – Robust text editor – Speaker separation – Speaker recognition in transcripts | Professionals in journalism, video content creation, and education. | Free plan, paid plans start at 7.5 €/hour |
| MeetGeek | – Automatic recording and transcription of meetings – Integration with over 2000 apps – AI-powered meeting summaries with highlights | Researchers, content creators, journalists, students, and business analysts. | Free plan, paid plans start at $19/month |
| Sonix | – Accurate speech-to-text conversion in 38+ languages – Editing, searching, and organizing transcripts – Translation into 40+ languages – Quick summaries of transcripts | Audio and video producers, researchers, journalists, podcasters, and other professionals requiring efficient and accurate transcription. | Starts at $22/month (plus $5 per hour) |
| SpeakAI | – Uploads audio, video, and text data easily – Advanced NLP for insights – Natural language queries for interaction | Market and qualitative researchers, academic researchers, educational institutions, digital marketers, and go-to-market teams. | Free plan, paid plans start at $71/month |
| Trint | – ASR and NLP for accurate speech-to-text – Quick live transcripts in 30+ languages – Instant generation and editing of closed captions | Journalists, media companies, content creators, YouTubers, podcasters, and corporate professionals. | Paid plans start at $60/month |
| Descript | – Comprehensive tools for video and podcast editing – Data visualizations for deeper insights – User-friendly interface | Content creators and teams looking to streamline video and podcast production processes. | Free plan, paid plans start at $15/month |
12 Best AI Transcription Tools You Should Try
Riverside
Riverside provides AI transcriptions for free, and you can get 5 built-in transcription file credits per month for $24. It works on Windows, Mac, iOS, and Android. Despite being a video creation platform, Riverside impresses with its AI transcription capabilities. It delivers highly accurate transcripts in over 100 languages, and it’s remarkably fast—transcribing in minutes instead of days. Riverside does more than just transcribe; it records and edits audio as well. It captures lossless, uncompressed 48kHz WAV audio, resulting in crystal-clear sound. The text-based editor allows easy editing of recordings by editing the transcript directly. Deleting a word in the transcript removes it from the recording, simplifying the process of creating a smooth video.
Key Features:
- Unbeatable accuracy with Open AI’s Whisper software
- Immediate transcription after recording or uploading
- Speaker differentiation for easy identification
- Transcripts available in over 100 languages
- Text-based editing for polished videos
- Exports transcripts as SRT or TXT files for captions and content repurposing
- Captioning tool for adding captions directly in the editor
Best for: Anyone needing an all-in-one professional recording, editing, and transcription platform.
Adobe Premiere Pro
Adobe Premiere Pro is a more advanced editing and transcription tool at $35.99/month, available on Windows, Mac, iOS, and Android. While it comes at a higher price, it offers more features beyond transcription, making it suitable for professional content creators requiring advanced video edits along with transcription.
Key Features:
Free trial available
Transcribes in 14 languages
Reduces background noise
Text-based editing capabilities
Best for: Professional content creators needing advanced video edits alongside transcription
Otter.ai
Otter.ai is a great tool that turns spoken words into text. It’s different from regular tools because it’s excellent at creating top-notch notes and summaries from conversations. You can use it on Android and iOS, making it versatile for recording and changing different types of content.
Key Features of Otter.ai
- Makes accurate transcriptions using advanced AI.
- Converts speech to text in real-time during live meetings and events.
- Identifies speakers in group conversations.
- Has a search function to find specific parts or keywords in transcripts.
- Integrates with tools like Google Chrome for easy sharing and collaboration.
Otter.ai makes transcription management easier through its integrations. For instance, it can sync files from Dropbox and Zoom Cloud automatically, keeping your transcriptions up-to-date and organized.
Best For: Otter.ai is perfect for businesses or teams that need real-time automated transcription for meeting notes to boost productivity. It’s also useful for sales teams, providing insights, drafting follow-up emails, and integrating call notes with Salesforce.
Pricing: It has a free plan, and paid plans start at $16.99/month.
Rev
Rev is a platform that makes converting audio and video into text easy and fast. It’s known for its speed and accuracy, offering high-quality transcriptions from AI or experienced transcribers. It supports various transcription styles and even provides foreign language transcription and translation, making it a versatile choice for global users.
Key Features of Rev
- Provides highly accurate text transcriptions by professionals.
- Offers one of the most accurate AI-powered transcription services.
- Improves video accessibility with English subtitles.
- Supports translated subtitles for international audiences.
- Allows customization of transcription formatting.
Rev supports collaborative editing, enabling teams to work on transcripts in real-time. It offers synchronized audio playback, editing capabilities, and note-taking. After editing, the final transcript can be downloaded directly.
Best For: Rev is ideal for content creators looking to reach a wider audience through video captions. It enhances accessibility for those who are deaf or hard of hearing. Additionally, it’s valuable for professionals needing to analyze audio content efficiently.
Pricing: Subscriptions start at $30/month. Pay-as-you-go plans start at $0.25/minute.
Fireflies
Fireflies.ai is a powerful tool that uses AI to streamline your meetings. It can transcribe, summarize, and analyze meetings, providing actionable insights. The tool automatically records and transcribes meetings across platforms like GMeet, Zoom, and MS Teams. This makes it easy for you to revisit and extract important points whenever you need them.
Key Features of Fireflies
- Enjoy live transcription during meetings for easy capturing and referencing of discussions.
- Connect Fireflies.ai to various video conferencing platforms seamlessly.
- Easily upload audio files for transcription, making it convenient to transcribe recorded content.
- Seamlessly integrate Fireflies.ai with other apps and tools using Zapier.
- Upload files from cloud storage platforms for transcription, streamlining the transcribing of stored recordings.
Fireflies.ai is great for organizing personal and team meetings using both public and private channels. It’s ideal for professionals in various industries who rely on web conferencing platforms for communication.
Best For: Professionals across industries who use web conferencing platforms for communication, such as business leaders, project managers, sales representatives, and customer support teams.
Pricing: It offers a free plan, and paid plans start at $18/month. Get Fireflies.ai
Also read: 15+ Best AI Podcasting Tools in 2024
Beey
Beey.io is a reliable solution for automatic transcription and subtitles. Using advanced voice recognition technology, it provides quick and accurate transcriptions at an affordable price. The platform features a user-friendly editor for transcript refinement, format export, and easy subtitle creation. It efficiently transforms audio and video content into high-quality captions and subtitles.
Key Features of Beey
- Offers automatic transcription through advanced voice recognition.
- Provides high-quality captions and subtitles.
- Features a robust editor for text editing and formatting.
- Includes speaker separation for precise identification in conversations.
- Utilizes speaker recognition technology to label speakers in the transcript.
Beey.io is designed for professionals in journalism, video content creation, and education. It caters to the specific needs of these groups, enhancing their workflow and content creation processes.
Best For: Professionals in journalism, video content creation, and education.
Pricing: Provides a free plan, with paid plans starting at 7.5 € for one hour of transcription.
MeetGeek
MeetGeek is designed to enhance customer interactions through AI transcription. It records, transcribes, and summarizes meetings in real time, capturing essential insights. The tool also translates video meetings automatically, streamlining the review process. Its user-friendly interface enables easy note-taking and automatic summarization of key points, making it invaluable for boosting productivity and gaining customer insights.
Key Features of MeetGeek
- Automatically records and transcribes meetings, converting audio and video to text quickly.
- Provides easy access to meeting recordings and transcripts.
- Integrates seamlessly with over 2000 apps for easy content sharing.
- Generates AI-powered meeting summaries with highlights and action points.
- Keeps team members informed about meeting decisions and updates.
MeetGeek is ideal for researchers, content creators, journalists, students, and business analysts who require efficient and accurate transcription services.
Best For: Researchers, content creators, journalists, students, and business analysts.
Pricing: Offers a free plan, with paid plans starting at $19/month.
Sonix
Sonix is a reliable AI transcription tool with features for a global audience. It excels in transcribing, translating, and organizing audio and video files in over 40 languages. Sonix makes it easy to find specific information within your transcripts, allowing for quick retrieval of relevant content.
Key Features of Sonix
- Offers accurate speech-to-text conversion in more than 38 languages.
- Allows editing, searching, organizing, and sharing transcripts from any device.
- Translates transcripts into over 40 languages.
- Equips users with tools to make videos more accessible and engaging.
- Generates quick summaries of transcripts for easy reference.
Sonix also offers advanced features for data analysis and content creation, including multi-color highlighting for versatile categorization and analysis. It’s ideal for audio and video producers, researchers, journalists, podcasters, and other professionals requiring efficient and accurate transcription services.
Pricing: Subscriptions start at $22 per month (plus $5 per hour); Pay-as-you-go plan starts at $10 per hour.
SpeakAI
SpeakAI is an advanced tool that uses AI to turn audio, video, and text into useful insights. It excels at accurate transcription and uses natural language processing (NLP) to understand valuable information and sentiments from text. This makes it great for in-depth analysis.
Key Features of SpeakAI
- Easily upload large amounts of audio, video, and text data individually or in bulk.
- Achieve highly accurate transcription, especially with high-quality audio files.
- Use SpeakAI’s advanced NLP engine to uncover valuable insights like keywords, topics, and sentiment analysis.
- Interact with your data through natural language queries for meaningful responses and actionable insights.
- Share research findings effectively using user-friendly repositories.
SpeakAI is particularly useful for market and qualitative researchers, academic researchers, educational institutions, digital marketers, and go-to-market teams.
Best For: Market and qualitative researchers, academic researchers, educational institutions, digital marketers, and go-to-market teams.
Pricing: Offers a free plan, with paid plans starting at $71/month.
Trint
Trint is an advanced AI tool that transforms audio and video files into editable and searchable text. It’s excellent for content creation and collaboration on transcription projects. Trint offers rapid transcription for audio, video, and live content, achieving up to 99% accuracy with clear audio.
Key Features of Trint
- Uses ASR and NLP for accurate speech-to-text conversion.
- Provides transcripts in seconds through the Trint Editor.
- Supports multiple file formats like .mp3, .mp4, .wav, and more.
- Offers quick live transcripts in over 30 languages.
- Excels in generating and editing closed captions instantly for more inclusive video content.
Trint is versatile and ideal for journalists, media companies, content creators, YouTubers, podcasters, and professionals in corporate and business sectors.
Best For: Journalists, media companies, content creators, YouTubers, podcasters, corporate and business professionals.
Pricing: No free plan, with paid plans starting at $60/month.
Descript
Descript is a top-notch AI audio tool revolutionizing video and podcast editing. It simplifies editing using artificial intelligence, allowing users to transcribe audio and video content in a text-based interface for easy editing and collaboration. Descript offers industry-leading accuracy and quick turnaround time.
Key Features of Descript
- Provides a comprehensive set of tools for editing videos and podcasts.
- Offers quick access to data visualizations for deeper insights.
- Features a user-friendly interface for easy video editing.
- Includes advanced tools for editing multiple audio tracks.
- Supports instant screen and webcam recording, editing, and sharing.
Descript is ideal for content creators and teams looking to streamline video and podcast production processes.
Best For: Content creators and teams looking to streamline video and podcast production.
Pricing: Provides a free plan, with paid plans starting at $15/month.
