The Business of Digital Podcast (Learn SEO, PPC, Social Media, Content Marketing & More!)

E172 – What is the Best Transcription Service?


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Well we can't answer that for you (exactly) but we can review and compare them using Episode 166 as the common sound file. The goal was to answer (or try too anyways) the often asked question - what service should I use to transcribe my podcasts?
There are however many caveats which we cover during the episode, such as:
How many speakers do you have?Do you have accents?Do you need a vocabulary built in?What is your budget?How long are your episodes?How often do you record/publish?What is your required turn around time?Do you want to do any editing?Do you care if it is perfect?And many more!
So just keep in mind that the tests below are based on a single 17 minute file with 2 speakers. Your mileage may vary with each service depending on how you answer any of the above questions. Or what I am trying to say is - use this episode and our transcription service research to help you validate or shorten your final list.
Transcription by Human vs. Transcription by AI
So which is better? Human transcription is likely going to be more accurate today but also much more expensive. Based on the services we looked at AI can run from $.40 to $5 or so to transcribe a 20 minute audio file. The services that have humans transcribe ranged from $20 to $30 for the same file. While we didn't compare AI vs. Human for this test from what Dave has seen, human transcriptions are much closer to 99.99% correct mark than the AI options are - for now.
So in the end your options are:
Be cheap and use AI.Go for accuracy and use a human service.Be cheap and use AI but spend time editing it after the fact.
With that said we mostly looked at AI services but did include some often mentioned and popular human transcription service options too in the review section.
Transcription Service Scores
Regarding the scores, here is some quick background on each column.
Ease of Use - Is it easy to setup and use? Is it fast? Does it work?Features - Does it have integrations (Zoom, Zapier, etc.)? Does it have export options? Can I get in there and edit if needed?Speaker Handling - Does the service label speakers? Seems simple but many failed.Transcription - I looked at 4 different clips and compared to what was really said and to the other services. If major issues were noticed they lost .5 or 1 point per.
Transcription Service Reviews
The reviews were done by Dave over the period of 1-2 weeks in August/September of 2020. All pricing, features and such are based on what was available on the sites, apps and such at that time.
Descript (Score: 7.75)
Free Option - 3 hours of transcription (one time)$12 a month gets you 10 hours of monthly transcription
Descript is a bit different as it is an APP that you have to download. Also to be fair it is what we currently use for our transcripts so note that I am more familiar with the program than a newb. Once you download and get setup the Descript App is pretty easy to use. I simply create a new Composition in my usual folder, move the file in and let it go to work. I set assign speakers and once it is done it lets you assign the various voices to a person and then updates everything. The result is usually 100% match on speakers, even if 3 or 4 people it seems to work. Only once in some 100 or so episodes have I had issues with the speaker assignment. The output is clean and simple and overall I do love the app and price. That said it will be interesting to compare the quality of the output to others finally.
Otter AI (Score: 7.00)
Free Option - 600 minutes a month (max 40 minute file)$8.33 a month gets you 6000 minutes a month (max 4 hour file)
Otter has a simple signup with the usual email verification. Out of the gate you can upload 3 files and get 600 minutes even if you don't sign up for a plan. At the free level the integrations are limited but if you upgrade Zoom and Dropbox become available - no Zapier however. There is also a Manage Vocabulary - only 5 words with f
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The Business of Digital Podcast (Learn SEO, PPC, Social Media, Content Marketing & More!)By Mat Siltala & Dave Rohrer