Primary Value Proposition Already Surpassed by AI
#1OpenAI Whisper, released as open-source in 2022, achieved transcription accuracy competitive with professional human transcriptionists on standard benchmarks — and this was a relatively early, unoptimized model. Since then, Whisper large-v3, Google USM, and Azure fast transcription have pushed accuracy further while reducing latency to near-real-time. The economic case for human transcription has collapsed: at $0.006/minute (AWS Transcribe) versus $1.50/minute (professional human), AI is 250x cheaper with equivalent or superior accuracy on clean audio.