After exploring various options, it seems that some of the top-rated auto audio transcription tools currently available on the market are Otter, GoTranscript, and Rev. Otter is best known for providing free transcriptions and is highly recommended for its user-friendly interface and accuracy. It also offers collaborative features, making it a great option for team projects. GoTranscript, on the other hand, stands out for its low-cost human-generated transcriptions, with a team of professional transcribers who can handle a wide range of audio qualities and accents. Finally, Rev offers both AI-powered and human-generated transcription services, with fast turnaround times and high accuracy rates. It's also worth noting that Rev has recently introduced Rev Max, an AI transcription service that offers searchable and highly accurate transcripts in minutes.
Another tool that deserves mention is Kapwing, which is popular for its quick and accurate automatic transcriptions. The tool is AI-powered and can transcribe audio, voiceovers, and MP3 files in seconds. Kapwing's transcriptions are also editable, making it easy to revise or correct the output. Additionally, Backtrack is an AI-powered meeting recorder that automatically generates transcripts and summaries for meetings held on various platforms, such as Slack Huddles, Zoom, and Google Meet. Backtrack's transcriptions are highly accurate and can be easily shared with team members. Other notable transcription tools include Trint, Descript, and Temi, which offer a range of features such as speaker identification, automatic punctuation, and customizable timestamps.