There are plenty of advantages of speech recognition vs transcription services, and they just keep growing every day. This revolutionary technology is not going away.
With speech recognition software, you are 100% in charge. Using just your voice with relative ease results in excellent accuracy, making the technology extremely viable for multiple industries. More specifically, lawyers and medical professionals are using it in place of traditional transcription services. This effectively removes a middleman and streamlines the documentation process.
Medical Industry
In the medical industry, the implementation of speech recognition software is currently experiencing a huge rise in sales.
Developers such as Nuance create specialized medical speech recognition software like Dragon Medical. Today, we are seeing 99% accuracy rates within the confines of the profession. This is completed by including medical vocabularies covering many medical specialty and sub-specialty terms.
Remove The Middle Man
This whole issue of an intermediary step, of having to wait for someone to take the recorded information and type it out. This is a big reason why such software is useful. The turnaround time happens in an instant.
Only stenographers who know shorthand can write as fast as someone talks, and even then they have to translate the shorthand.
While the con may be a few minor errors and mismatched words, the current evolutionary pace of this technology is pretty astonishing.
Fewer and fewer errors are happening with this technology. This is done as the developers study human habits of speech. Then factor the definitions of words into their algorithms.
This technology is also more cost efficient, as transcription services charge an hourly rate and software can pay for itself after being used a couple times.
Creative Applications
These aspects of the software that attract the medical industry could also be a gigantic draw to creative writers.
Without their fingers engaging the motor section of their brain, the novelist of the future may be able to use more advanced versions of this software to write amazing fiction.
According to cognitive scientist and consultant Luc Beaudoin, dictation could allow people to untether themselves from screens or paper. Therefore, allowing themselves to free up their imaginations.