Comparison of the Latest AI Transcription Tools 2024 Edition. Selected Top 10 Recommendations

What is an AI transcription tool?

What is transcription using AI technology?

An AI transcription tool is a tool that uses AI technology to convert audio into text in real time. These tools are used in a variety of situations such as business meetings, conferences, interviews, and seminars, and are very useful for converting recorded data into text for recordings.
By utilizing AI technology, highly accurate speech recognition is realized, and it is also possible to identify speakers and automatically organize the content of conversations.

We compare 10 recommended AI transcription tools for 2024 and summarize their features, price, accuracy, and supported languages.

How to choose a transcription tool

Accuracy of speech recognition

When choosing an AI transcription tool, the accuracy of speech recognition is very important. The ability to accurately convert audio from a business meeting or conference into text is necessary to accurately understand the content of the conversation.

Especially if the tool has a speaker identification function, it can automatically analyze who is speaking and obtain a more organized conversation content. Since the level of accuracy varies from tool to tool, we recommend that you try a sample beforehand.

Price and Cost Performance

Pricing is another important factor in choosing a transcription tool. It is common for tools to charge per hour or per minute to text a speech.

For example, Google’s voice input feature is free, whereas Rimo Voice charges 30 yen per minute. It is essential to choose the best tool for your needs, taking into account the time spent and your budget.

Remember to consider not only the price, but also the cost-effectiveness of the service, how many features you can use for how little it costs.

Ease of use and user interface

In the use of transcription tools, ease of use and user interface design directly affect the efficiency of everyday tasks. Intuitive and easy-to-use tools save time and reduce errors.

In particular, the layout should be visually organized and designed so that users can quickly understand the functionality. We recommend reviewing actual user reviews and using demo versions to get a feel for ease of use.

2024 Edition: 10 Recommended AI Transcription Tools

Notta | 104 Languages Supported

• Features: real-time transcription, 104 languages supported, speaker identification function.
• Price: Free plan available (transcription time: up to 120 minutes/month); Premium plan is 2,200 yen/month (transcription time: 1,800 minutes/month).
• Accuracy: High accuracy, multilingual support is a strong point.

toruno | Specializing in Online Conferencing

• Features: specialized for online meetings, real-time transcription, screen capture functionality.
• Price: First 3 hours free, thereafter on request.
• Accuracy: High accuracy, speech-by-speech recording.

CLOVA Note | Real-time recording with the app

• Features: A service provided by LINE that allows uploading of voice files and real-time recording. Speaker separation function available.
• Price: Free plans available. Contact us for details.
• Accuracy: High accuracy, multi-language support.

Rimo Voice | Specialized in Japanese

• Features: Uses natural language processing technology specialized for Japanese, enabling highly accurate text transcription. Microphone function also included.
• Price: Available from 980 yen/month. Inquire for details.
• Accuracy: High accuracy and industry terminology.

Texter | Apps for iPhone

• Features: easy to use smartphone app; highly accurate speech recognition; can extract text from images and videos; uses Whisper (OpenAI). Can also extract text from images and videos, using Whisper (OpenAI).
• Price: Free plans available; paid plans start at 1,500 yen/month.
• Accuracy: High accuracy and versatility are attractive.

AI GIJIROKU | Automatic Minute Taking Tool

• Features: Highly acclaimed automated minute-taking tool with 99.8% recognition accuracy. Also has a clear writing function.
• Price: Free plans available, personal plans available from 1,500 yen/month. Inquire for details.

Interview AI | Transcribes 1 hour of audio in 15 seconds

• Features: Transcribes one hour of audio in 15 seconds. Transcription results are automatically converted to conversational format. Title and subheading generation function available.
• Price: Free plan available (up to 30 minutes of transcription), Standard 1980 yen (transcription time: 300 minutes/month)

Amazon Transcribe | Automatic Punctuation Addition Feature

• Features: Speech-to-text conversion service provided as an AWS service, with automatic punctuation addition. Multilingual support is also a strong point.
• Price: Pay-as-you-go based on usage (e.g., $0.03 per 250,000 minutes/month). Contact us for details.

Google Docs | Easily available with Google account

• Features: Word processor software that enables transcription using voice input function. Suitable for multinational companies. Easy AI transcription with Google account.
• Price: Free plans available; paid plans start at 1,360 yen per month (Business Standard).
• Accuracy: Speech recognition accuracy is high, but punctuation recognition needs attention.

transcorp | AI Writing Tool for SEO

• Features: Known as an SEO-friendly AI writing tool, it has an automatic transcription function.
• Price: Free plan available (up to 4,000 characters generated); Basic: 11,000 yen per month; Pro: 38,500 yen per month; Enterprise: 66,000 yen per month
• Accuracy: The latest API “GPT-4” is implemented and boasts a high recognition rate.

summary

AI transcription tools have become extremely useful in modern business and educational settings. These tools not only convert speech into text, but also identify who is speaking and help create highly accurate minutes. When choosing a tool, it is important to carefully compare the accuracy of speech recognition, ease of use, and price.

In this introduction, we have carefully selected recommended AI transcription tools that can be used in various situations. The key to efficient transcription in meetings, business negotiations, educational settings, etc. is to select the right tool for the right purpose and budget. By selecting the best tool, you can save time, accurately record information, and realize a smarter work environment.