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In this video tutorial, the speaker introduces a transcription website that allows users to make money by transcribing audio to text. Manual transcription is time-consuming and riddled with grammatical and spelling errors, which can lead to rejection as a transcriber. The speaker recommends using a free tool called Descript, which can transcribe audio accurately and detect multiple speakers. This tool can help transcribers avoid mistakes and improve their chances of acceptance in the transcription industry.