Historically, transcription was expensive, as you actually had to pay a typist to listen to the audio and manually write out everything, word by word. These days, in addition to human-based services, computer-based speech-to-text services can provide highly accurate transcripts at up to ten times the speed of real time. This improvement in the technology, along with the falling costs of cloud-based services, means that now more than ever, transcription is readily available to everyone.
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