AI Versus Human Transcription: Who Wins in Accuracy, Speed, and Cost?

Very little information is given today concerning the disparities between AI and human transcription.

This AI computing approach used in the transcription industries has substituted human transcribing capacities with diverse benefits and many data implications that go beyond what is shown by the original recorded data.

This topic has generally created debates, especially among companies that delve into data transcriptions.

Some consider AI to outweigh human transcriptions, while others still maintain that human transcription is the way to go.

Is AI-transcribed content better than human-generated texts?

To satisfy your curiosity, this article aims to present the differences that come along with AI-generated transcripts against those transcripts that humans manually generate.

Should you use both transcription approaches or one?

Learn more about why you can either choose AI or human transcription in this article and make your judgment.

What’s AI Versus Human Transcription?

AI is a technological system that effortlessly imitates humans.

It consists of machines or software designed with transcription algorithms to act and transcribe as humans do.

AI not only thinks, behaves, and absorbs content as humans do; this tech innovation also mimics human-like responses.

So, AI transcription is where designed computer algorithms are used to transcribe audio or video recordings.

AI transcription may happen through automatic speech recognition tools (ASR), deep learning machine methods, and Google API(s).

On the other hand, human transcription involves only humans.

The technique entails human transcribers who carefully listen to the recorded content and accurately type the spoken words.

Human transcription is just the way it sounds like, that is, humans!   

However, these two transcription approaches differ in their processes and transcription results. But how is this so?

Let’s learn the key differences and understand the advantages and disadvantages these two transcription approaches offer.

Key Differences Between AI and Human-Transcribed Data

Even though data transcription has eased the burden of comprehending information from spoken content, AI and human transcriptions are somehow distinct.

Here are the three significant differences and a few others:

1) Data Accuracy

Unlike AI-transcribed content that tends to be biased, human-generated data is more accurate.

Human transcription showcases an accuracy rate of 95% to 98%, exhibiting notable data features such as emotions, nuances, and gestures.

This is because human conversations diversely dive into many things. And so, with human intelligence, the spoken data is transcribed in a divergent view, posing no risks to data credibility.

Moreover, humans tend to adjust to different situations. This habit improves the recorded data inferences and circumstances, leading to drawing of meaningful data conclusions.

When this happens, human transcription results in a more correct and updated transcript . 

AI-transcribed content only shows a correct rate of 90% to 94%, which is lower than the human-transcribed content.

Even though human transcription is slow, it’s a game changer for the recorded data to achieve its correct and original meaning.

2) Transcripts Delivery Speed

Machines are always faster than humans. With their minds, they deliver the transcript data more quickly than humans do.

Humans’ minds take the course of God's creation. They take time to absorb and discern what has been spoken.

Nonetheless, humans have outweighed their transcription capabilities with AI innovation. 

Even though human transcription is slow, humans have innovated these remarkable transcription tools, and so they can be regarded as an apparent source of AI.

However, AI can discern and comprehend the recorded data a million times quicker than a human mind can do.

Therefore, the AI transcription method delivers transcripts in minutes as humans take time to contemplate what to write and how to write the data.

3) Cost of Transcription Services

AI transcriptions are a better option for a person seeking affordable transcription services. It’s less expensive compared to the human transcriptions.

Most especially for bulky and complex projects, the AI approach is pocket-friendly.

The AI transcription services result in fewer charges as humans can take more time or days to provide transcripts.

Humans are also prone to body burnout and fatigue, derailing them even more in providing transcribed data.

Therefore, the time taken to complete a specific project determines the task pay rate, most notably for complex projects.

This notion of time is money corresponds with the practical aspect of human transcription.

Here is the juncture where the practicality of a transcription service is considered.

4) Data Security and Confidentiality

It's all known that technology comes with its challenges. Data hitch-ups and breaches occur most of the time on computer systems.

In this technological era, tech elites can easily access the online data, misuse it or even scam you. This data exposure raises more security concerns, particularly on the client's side.

That's why other clients prefer to have their data transcribed humanely. Humans can maintain data confidentiality of 98%.

Making human transcription more suitable than the AI transcription method.

5) Understanding of the Data Context

Humans can better distinguish data components such as homophones, nouns, and lexicons.

Therefore, this concludes that intelligence in humans' minds can easily understand any spoken content.

Based on this fact, human transcription, unlike AI, can analyze various language features, delivering accurate transcripts as they have been spoken in the recorded file.

Contrary, AI transcription fails to distinguish these data components, producing non-relatable transcript content.

Therefore, making the transcribed data to lack  correspondence with its original spoken version.

If some of these AI and human transcription disparities exist, can they be solved?

Here are some helpful insights transcription companies may address to overcome these transcripts differences.  

Recommendations to Beat off Differences Between AI and Human Transcripts

Can differences between AI and human transcripts be overcome? Yes, it’s possible to overcome these differences.

As AI easily beclouds users, leading to over-dependency, it perpetuates inaccuracies and data biases.

However, it's best to intervene effectively on the support AI gives and its capabilities to enhance correct and straightforward transcripts data.

Here are some best recommendations that transcription services may implement together with their transcription team to overcome these data discrepancies. You can practice the following:

Ensure the transcription team critically examines the data they are dealing with to avoid data misconnections

Ensure all transcription personnel acquire media literacy to evaluate every piece of information on the transcripts consciously

Cultivate a working culture whereby the transcription team becomes informed about the current technological advancements and their usage

Integrate AI algorithms or tools that benefit human transcription and not otherwise

Refrain your transcription team from being taken away by the influence of AI technologies

Conclusion

The development of AI contains several transcription implications. However, similar to human transcription, the transcript results are different.

Overall, while the AI-generated transcripts have fewer components of linguistic features, there are still discernible differences that set them apart.

And this leads to a higher demand for more refined and accurate transcription methods to deliver more human-like transcripts.

Therefore, future research regarding technological transcription needs to explore and provide solutions concerning these transcript differences.

It's potentially necessary to overcome the AI versus human transcription disparities significantly.

AI continually depends on human knowledge regarding its modification, complexity, and control.

However, all these areas are addressed through the Verbalscripts transcription services.

Verbalscripts transcription company overwhelms many people with its artificially generated transcripts almost close to human-transcribed texts.

The verbal scripts transcription team is well-equipped with AI expertise and intelligence. Making it easy to use for all data transcription.

Verbalscripts maintains a 98% accuracy in AI transcripts. A percentage figure that is truly tested and whom many clients can attest to.

It's so because Verbalscripts always gives a human touch to every AI-generated content.

So, with Verbalscripts transcription services, you do not have to question the extent to which AI and human transcripts differ. All your data needs are well met.