Converting Speech to Text is Now a Multi-Million Dollar Industry

Speech has always been the preferred mode offor all television programs to have embedded
communication for many years now, with fewersub-titles in them, the television companies are
people wanting to use the pen as anow adding them in all the programs.
communication tool, their first choice has alwaysMost television companies do not do it in-house,
been to say rather than write, and no wonderbut instead use the services of transcription
converting speech-to-text is now a multi-millioncompanies that convert speech-to-text. The audio
dollar industry.of the entire program is converted into text and
The doctors at the clinic or the hospital no longercaptioning software inserts the text into the
have enough time to write patients medicalprograms. The text or the sub-titles are
record, they instead choose to dictate it into asynchronized accurately, at the bottom of the
digital voice recorder for medical transcribers toscreen, so that it appears in tandem with what is
convert their speech into text, and thanks to theirbeing spoken by the characters in the television
lack of time, the medical transcription process isprogram.
providing employment opportunities to not onlyThe doctors and the television companies are not
people in the United States, but to people living inthe only ones that choose to hire transcribers, the
India or Philippines.universities and students also solicit the services
Similarly the television production companies forof transcribers for documenting academic
many years now have entertained millions andresearch or typing dissertations for graduating
millions of people, but thousands of people thatstudents, including thesis for post-graduates taking
are hearing impaired were unable to comprehendPhDs. Therefore people with the skill of converting
the programs because sub-titles were not addedspeech-into-text are working overtime, either out
to the television programs, only after the USof their homes or in offices that hire them for
government took the step to make it mandatorymedical or media transcriptions.