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In future versions of Subtitle Edit, it will be possible to have your audio or video automatically transcribed inside the program to quickly create subtitles or closed captions in multiple languages. The 3.6.4 beta version showcases this feature, allowing users to open a video file and have it transcribed into text automatically. This will significantly speed up the process of creating subtitles. Additionally, users can type out subtitles or import subtitle files in the beta version before the official release of 3.6.5.