By way of context, human transcriptions cost about $1 to $1.50 per [EDIT: minute] --which is what I use for my podcasts. Accuracy is extremely good, especially if you flag obscure terms when you submit.

For a podcasts with good audio quality(which is usually a case for podcasts) you probably can use speech recognition tools that will cost you a fraction of this price. They are pretty good nowdays

They're really not--at least for my purposes. And $25-50 for an episode requiring minimal cleanup versus spending 30-60 minutes going back through the audio and fixing things up is a no-brainer for me.

ADDED: Machine transcriptions are pretty good for a lot of things such as search and quickly skimming content. But if you want something that people can read as an alternative to listening to the podcast, you pretty much have to use human transcription or budget a bunch of time to fix up.

Is there a way you can record then edit a podcast but keep track of which microphone different voices are coming from? Seems like you could make speaker identification easier that way?

Yeah, if you record on multiple tracks it's pretty easy but podcasting setups vary a ton.

That's super cheap! Who do you use?

Uggh. Per minute. Sorry. So it costs me about $25-30 per podcast typically. Which is pretty reasonable but obviously adds up for longer transcriptions.

Thanks for the feedback. Ours are diarized accurately. I've yet to see an automated service that does that well.

That's a valuable piece of info that I didn't see mentioned on the site. I'd add it if I were you.

Updated. Thanks for the feedback.

What automated service do you use?

Google