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In this video tutorial, the speaker introduces a transcription website where users can earn money by transcribing audio to text. Manual transcription can be time-consuming and error-prone, leading to grammatical and spelling mistakes that may result in rejection as a transcriber. The speaker recommends using a free tool called Descript, which can transcribe audio accurately without mistakes, even in cases with multiple speakers. The tool can detect different speakers and their dialogue, making transcription easier and more efficient. If you search for Descript on Google, you can access this tool for transcription purposes.