Has AI Killed Transcription Jobs in 2024? The TRUTH Revealed & What Companies are Hiring?

Are there still transcription jobs in 2024 or has AI made transcribers and transcriptionists irrelevant? What about captioners or typing subtitles? Why would a company hire a human to do a job that AI can do in minutes for a fraction of the cost? AI has certainly changed the industry, and I'm going to share my findings.
Many popular KZbinrs claim you can make thousands of dollars each month as a transcriptionist. I've seen claims that you can make up to $100 USD an hour. All of these claims are outlandish click-bait designed to get you to watch their videos and earn them ad revenue in the process.
Please don't fall prey to these kinds of videos. My channel aims to tell you the TRUTH about these types of jobs and give you an honest idea of how much money you can expect to make as a transcriptionist, captioner, or general freelancer.
Improve Your Punctuation/Transcription Skills:
▶️ • English Writing Essent...
How to Transcribe Faster:
▶️ • Transcription Tools, T...
Chapters:
00:00 - Intro
01:00 - Does transcription pay well?
01:40 - Most Common Transcription Websites
03:43 - Best Company in 2024
06:32 - Worldwide Companies Hiring
07:15 - North American Companies Hiring
08:23 - Freelance Transcription Opportunities
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#transcriptionjobs #transcription

[@JenniferMarieVO]

⌛Quick Links: 01:00 - Does transcription pay well? 01:40 - Most Common Transcription Websites 03:43 - Best Company in 2024 06:32 - Worldwide Companies Hiring 07:15 - North American Companies Hiring 08:23 - Freelance Transcription Opportunities

[@mosesouma4168]

I love how honest you are, no need for clickbaits just for the views but you're actually telling us the bare truth.

[@zch7345]

Youre indeed a rare genuine voice on the subject. Lucky to find your channel.

[@malvavisco10]

I got laid off as a medical transcriptionist (union university job with good pay and benefits). While unemployed, I tried doing some freelance transcription, but the pay structure was too demoralizing. You’re paid a pitiful amount for your time and effort, and the approach of these companies is incredibly micromanaging and punitive. Many other companies that used to employ transcriptionists have laid them off, and it’s a shrinking profession according to the bureau of labor statistics. I have used my experience to gain a job in a similar field, also a governmental clerical position.

[@SAMX2007]

Thanks for this video, I was considering trying these websites a few days ago and decided it was not worth my time. Now i see this video and im glad I didn't spend hours on that.

[@Celimar-369infinity]

I’m so glad to have found your channel after doing my AI research. I’ve been wanting to become a transcription but with AI things have changed. I’ve read medical transcription is a dying field. Your video was very informative and helpful!

[@perplexedbystander6203]

Jennifer Marie, yours is one of the less than a handful of channels about online work that I deem to be honest. I got some private client work last week from someone I used to do a considerable amount of work for pre-pandemic but now it's sporadic. Although I'm experienced at transcription I think I need to practise a bit because I broke my wrist last year and think my speed may have decreased. Off topic, would you ever do a video about SEO optimisation (if you've already done one I'm missing it somehow)?

[@perplexedbystander6203]

I should have stated the work was transcription. Editing because I'd somehow made the same comment several times. Have deleted the surplus ones now.

[@jared29bc]

Back in my college days, there were a lot of transcription jobs on Upwork. Until almost none would appear, if there is, 20-50 applicants would apply to a single file.

[@pamelamary8583]

We had the same transcription company for our medical office for almost ten years and then all of a sudden, the work was coming back horrible and taking much longer, and nobody would respond to our issues so we switched to another company recently,. Well they get the work back quickly but multiple mistakes and it's like they dont even know medical terminology! It's very frustrating as I feel some of the people they are giving our work to are not qualified. Some of the simple medical words are butchered, and my doctor speaks very clear... I am going to try to watch your video on how to possibly do it myself due to these issues. I am also not alone in my surrounding area.

[@elijahwangare8631]

How is the work flow? I can help you with that. We have a team of transcribers ready to help you.

[@pamelamary8583]

@@elijahwangare8631 what company?

[@elijahwangare8631]

​@@pamelamary8583JRodd Technologies

[@GoodnewsEssien778]

UCDS would be glad to help with that. We have people that understand medical terminology. Some are doctors in training.

[@lalalalalalalalalallalalalal88]

Hello! Although I am not from a company but I am a student who really wants a transcription job! I find it really fun and interesting and I assure you I will complete my tasks in the required time. You can test my skills!

[@delfina2771]

Thanks for sharing the information and I really appreciate your sincerity! Great job! 💪🏼👍👍❤

[@JenniferMarieVO]

My pleasure!! Thank you for your kind words!

[@delfina2771]

@@JenniferMarieVO 😊 I’m just telling the truth! To be honest with you, I really want to find a part time online job. Do you have any videos talking about this issue? Or, maybe, any suggestions? Many thanks!

[@jtempleton1465]

Jennifer, you're a gem! Thank you for sharing this valuable information. 🙏

[@JenniferMarieVO]

You're so welcome!

[@Jhun-pn3qj]

Hi Jennifer, just one question? is 25 word per minute are enough to be hired as a transcriber ?

[@McJeff_F]

Yeah, thanks to AI, jobs have been very few at Scribie, and it made major changes to their processes since last year. Scribie typically follows a four-step process: transcription, review, proofreading, and quality check. I was one of those fortunate ones who managed to get accepted two years ago and crawled their way up to QC level, so I still get something to work on every day. I don't know what's going to happen to us in the future as AI becomes more advanced.

[@JenniferMarieVO]

Thanks so much for sharing your experience with us!

[@GManWrites]

300 million jobs are estimated to be lost to AI according to recent research by Goldman Sachs, over 11 Million in the United States alone. This is why it will be so important for Universal Basic Income to be introduced. Tax the big corporations making billions accordingly and use the Taxes to pay UBI.

[@shell5233]

You might as well give away your house your car and you free will if you take that payment. They will own you.

[@GManWrites]

@@shell5233 They already own you.

[@Chantal_4107]

Ive been transcribing since 2018. AI has definitely affected the industry. I think the only saving grace that I have for the moment is that most of the work I do is bilingual or French (Im from Canada, with contracts for government ministries that requires transcription to be bilingual), but as AI improves and can handle switches from French to English and back multiple times in a speech, then i suspect the field is definitely on its way out, sadly.

[@JenniferMarieVO]

Thanks so much for sharing your insights and experience with us! The only hope is that there will be a greater demand for transcript editors or AI editors/editing AI-generated transcription.

[@Chantal_4107]

@@JenniferMarieVO you're welcome! With the speech to text tools that are available to us now, I do a lot more editing than actual typing these days, other than to insert the French. I just noticed that I had a typo, and I had to edit it even though I know it made me lose your like lol. Can't do typos!

[@nrsmythe]

1994-2017...no more.

[@KenolWangeci]

Hi Jennifer thanks for your teaching I've got PayPal account and other things but laptop is my hinderance can there be away to get laptop

[@folakeogunsola9723]

Where can I get video and Audio that I can use to learn transcription, kindly help me out

[@user-qt8bb9ix1w]

Hey. I have been trying to reduce the length of the subtitles as the characters generated by whisper can be overwhelming, ranging between 12 - 18 words in a single caption. I am using google colab and so far there's no success. Here are the commands i have used: !whisper "FILE NAME" --model medium --word_timestamps True --max_line_width 40 !whisper "FILE NAME" --model medium --word_timestamps True --max_words_per_line 5 It works completely fine with the following command but with large number of words !whisper "FILE NAME" --model medium Could you please help.

[@user-cm9bj8lq5d]

How is AI with legal transcription? I would think there would be more post-AI editing with legal documents.

[@yvettemartin9703]

to be honest I'm surprised some companies are using AI since the best AI-generated transcripts I've seen lack any kind of formatting and can't seem to decide on a single spelling for names.

[@immacolata1068]

There's work at Rev, but if that's the best transcription job, we are all screwed. I work for Rev and if I had to survive on what I make I'd be living in a shack.

[@Melisa-356]

Thank you.

[@vaishaligavane2906]

Hi jennifer...i am from India. I have experience in medical transcription of 10 years. Please could you suggest me any work in this regard?

[@yomnahussein1826]

Could you please share with us why you've never passed Go Transcript's exam as you mentioned ?

[@JenniferMarieVO]

I tried the test a very long time ago, and the audio was nearly impossible for me to understand. Apparently, it has improved since then!

[@xdeepak12]

Thank you

[@artsandvoicebyav6005]

Any company for transcription job would you suggest me

[@nosaintesq]

Ey yo, idk where this gal come from, but she the TRUTH, the realest human being ever, she deserves a SUPERTHANKS, i ma watch her videos til the pearl gates open up for me., for real, put nothing above that!

[@Lifeisgoodpeema]

I'm in Nigeria, which freelance can accept people from my country

[@dannkyaloh8485]

Hello Jenifer? You never talk about how Rev closes accounts and make no payments.

[@yvettemartin9703]

they still do that? I knew some people that had that happen to them a few years ago.

[@TranscribeAll]

I have PayPal account and I have registered it from Dubai phone number , the point is I neither can link a local card which is from Uzbekistan , neither local bank which I was aware , so could you tell me the solution?

[@neaeanblue]

This is what I found on the forum: "Paypal is country specific so if you move country you have to open another paypal account in that country and add an address / phone number / and bank accounts from within that country."

[@DrNoha.]

Please, which of these websites support the Arabic language?

[@florenciataffarel661]

Hi, i'm 16 years old,i want to try this,i Need to improve My English skills because i think that i am A2-B1 level,i Need a B2 -c1 level,i Guess,i don't know,but i study on My own,i really Want to do this,to make money ::(

[@immacolata1068]

No, it has not. What really dealt a death blow to the money you could make was offshoring jobs. I work for a transcription company and edit AI-generated transcripts. It doesn't pay diddly, and $100 an hour is B.S.

[@JenniferMarieVO]

I agree. It's shocking the amount of videos out there that are saying you can make thousands and thousands of dollars a month transcribing. It's completely and utterly false.

[@johnforthr.dumayhag3300]

❤