EP 435: How 50X cheaper & faster AI transcription is changing enterprise work

Meetings. Speeches. Quick thoughts to self. Those words are more than words. That's your company's secret sauce. Philip Kiely, Head of Developer Relations at Baseten, joins us to discuss.Newsletter: Sign up for our free daily newsletterMore on this Episode: Episode PageJoin the discussion: Ask Jordan and Philip questions on AI transcriptionUpcoming Episodes: Check out the upcoming Everyday AI Livestream lineupWebsite: YourEverydayAI.comEmail The Show: [email protected] with Jordan on LinkedInTopics Covered in This Episode:1. AI Transcription Benefits2. Whisper Model by OpenAI3. Cost of Transcription4. Business Applications for AI TranscriptionTimestamps:00:00 Conversations are gold; AI makes them valuable.03:56 NVIDIA advances exceed Moore's Law; Apple's AI inaccurate.09:48 Text transcription technology error-prone; manual transcription necessary.11:19 Whisper V3: Low error rate, multilingual accuracy.14:58 Whisper rapidly transcribes audio with high efficiency.17:26 Emotion inflection crucial for text-to-speech synthesis.23:58 AI transcriptions need human verification for accuracy.25:35 Chain cheap AI models for efficient calls.30:53 On-device AI less powerful than cloud AI.33:07 Build prototypes now; technology improving rapidly.Keywords:Whisper by OpenAI, Automatic Speech Recognition, Open-source ASR, Accuracy, Multilingual ASR, MIT licensed, Amazon Transcribe, Whisper V3 Turbo, Live transcription, Speech inflection, ChatGPT, Philip Kiely, Jordan Wilson, Everyday AI podcast, Unstructured data, Anthropic funding, NVIDIA AI advancements, Apple AI alerts, AI transcription, Base 10, Searchable data, AI infrastructure platform, AI cost efficiency, Wearable technology, Voice control, On-device inference, Cloud inference, Speech synthesis, Business applications of transcription, Future of workSend Everyday AI and Jordan a text message. (We can't reply back unless you leave contact info)