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In this video tutorial, David from Freelancerinsights.com shows how to automatically add timestamps to any transcript without pressing hotkeys. He introduces an application called Descript for Windows, which simplifies the process. To use this method, you need Descript for Windows, Mac, or the web interface, as well as a prepared transcript. Viewers can check the show notes for links to get a referral link for a hundred free minutes of automatic transcription.