The length of time for transcription usually depends upon the file size you have chosen. For example, Otter.ai swiftly transcribes 15-minute audio files in about 5-6 minutes with mostly accurate results, making it suitable for immediate use with minor edits. In contrast, human transcriptionists take about an hour for the same task, charging 75 cents to $1.50 per audio minute. While human transcription offers higher accuracy, it takes more time and it’s more expensive. Otter.ai offers quick, convenient automated transcription for dictation, record-keeping, and meeting transcriptions.