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AI transcripts look cheap—but editing adds 4–5× the sticker price.
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Compliance fines, re‑work, and brand damage drive true costs even higher.
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Human‑verified services like GoTranscript still deliver the lowest all‑in cost where accuracy matters.
1. The Sticker‑Price Illusion
Automated transcription vendors headline prices like US $0.10–$0.25 per recorded minute—about 90 % cheaper than human services. What the price tag hides is the post‑production slog your team must perform to reach publication‑ready quality.
Average Fix‑Up Time (Industry Benchmarks)
Multiply those hours by the U.S. average wage of $36.06/h (BLS, Apr 2025) and the true labour cost balloons.
True Cost Comparison (per 1 Audio Hour)
Takeaway: AI looks 75 % cheaper—but once humans fix errors, it’s 3× more expensive.
2. Compliance & Legal Landmines
Academic Integrity
A single mis‑transcribed gene name can derail a peer‑review. Re‑submissions cost journals weeks and can jeopardise grant timelines.
Legal Risk
Mis‑heard objections or speaker IDs compromise evidentiary transcripts. Re‑certification fees run US $300–$500 per document—plus potential case delays.
Medical Liability
AI regularly confuses dosage units ("mg" vs "mcg"). U.S. HIPAA penalties range up to $50,000 per violation.
3. Hidden Operational Overheads
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Contextual Research: AI can’t Google acronyms or spell rare surnames; your staff must.
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File Security Checks: Sensitive data often leaves the protected environment when exported for editing.
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Version Control: Multiple edited copies breed confusion and overwrite risks.
These “soft” costs rarely appear in budgets but drain calendars and morale.
4. Why Human‑Verified Services Win the TCO Battle
GoTranscript leverages AI as a safety net (flag anomalies) rather than a content generator. Dual human reviews guarantee 99 %+ accuracy on the first pass—no hidden hours or fines.
5. Questions to Ask Before You Choose “Cheap” AI
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Who edits the raw transcript—and at what wage?
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What’s the cost if we ship an error? (fines, retractions, litigation)
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Can a chatbot handle my purchase order, split billing, or NDA?
If the answers make you uneasy, consider a human‑first provider.