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In this tutorial, Kevin introduces a new feature in Word online: transcribe. Unlike traditional dictation, which converts speech to text in real-time, transcribe allows users to record audio in advance. For example, one can record an interview or lecture on their phone, then upload the audio file to Word online to get a transcription of the conversation. Additionally, the transcribe feature has the capability to identify multiple speakers in the audio. Kevin promises to demonstrate how this functionality works.