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In this video tutorial, the speaker introduces a transcription tool that allows users to transcribe audio to text and make money. Manual transcription is time-consuming and prone to mistakes, such as grammar and spelling errors. These mistakes are not accepted on the website or other platforms, and failure to transcribe accurately may result in rejection. The speaker recommends using a free tool called "Descript" to transcribe audio accurately, even with multiple speakers, as it can detect and label each speaker.
