rjwilmsi
The WER scores on the larger whisper models are lower (better) than "tiny"/"base", so none of these small models are close to SOTA either way.
I would agree that the "tiny" model has a clear drop off in accuracy, not good enough for anything real (even if transcribing your own speech, the error rate means too much editing needed). In my experience, accuracy can be more of a problem on shorter sentences because there is less context to help it.
I think for serious use (on GPU) it would be the "medium" or "large" models only. There is now a "large-turbo" model which is apparently faster than "medium" (on GPU) but more accurate than "medium" - haven't tried it yet.
On CPU for personal use (faster-whisper, CPU) I have found "base" is usable, "small" is good. On a laptop CPU though "small" is slow for real time. "Medium" is more accurate, though mostly just on punctuation, far too slow for CPU. Of course all models will get some uncommon surnames, place names wrong.
Since OpenAI have re-released the "large" models twice and now done a "large-turbo" I hope that they will re-release the smaller models too so that the smallest models become more useful.
These moonshine models are compared to original OpenAI whisper, but really I'd say they need to compare to faster-whisper: multiple projects are faster than original OpenAI whisper.
From historical data, Octopus would also pass on a negative spot price to customers on that tariff so consumers could sometimes get paid to use electricity.
As you say I'd imagine that certain customers with high flexibility, maybe/particularly those with some battery storage (or an EV to charge), could make huge savings.
I don't know what sort of margin Octopus apply on that tariff, I expect it's a bit higher than the 3 p / kWh you suggest (when normal tariffs would average something like 15 p / kWh difference between average wholesale and retail).
The retail electricity prices are linked to the wholesale gas cost. So consumers pay the same unit rate for electricity regardless of source/time of day etc. (simplification). Average 23p / kWh or so.
However, the producers of the electricity get paid the grid spot price. Plus any source-specific government-agreed subsidies (for nuclear, or the strike price for wind auctions).
So the typical/average UK grid electricity spot price is around £70 per MWh or 7p per kWh, so while retail is 23p / kWh a solar producer doesn't get paid 23p.
What you will also find is that the spot price, while it varies a lot, tends to be higher in the UK late afternoon / early evening, and higher in the winter than the summer, both of which are normally times when solar output is lower.
However, we're now beyond that point so it seems to me that the pricing model should change. With the planned growth rate of new wind (and solar) by 2030 for the UK I assume it's going to happen one way or another.
UK law for consumer goods and sales, I would say generally doesn't require the buyer to be an expert. Laptops are items that are frequently included in sales and clearance sales at 50% off or more do happen. £400 is still a normal price to pay for a laptop. So I'd say the buyer could reasonably expect a laptop discounted to £400 to be the correct price, therefore HP were unreasonable to try to blame the buyer.
So then we'll see whether we get the 6x model speedup on top of the stated 4x faster-whisper code speedup, at same/nearly same accuracy.
I would generally start with the assumption that if something is significantly faster the accuracy has to suffer a bit, but increasing model size and/or settings such as beam size to compensate should allow same accuracy and higher performance (just not all of the stated performance gain).
So I infer that these data sets are some deliberately difficult audio: call centre recordings with lots of background noise, phoneline quality audio etc. Maybe non-native speakers. If I only heard that sort of audio once I also might have an error rate of 10%.
I assume therefore that the 10% word error rate is on very difficult audio such as pilots speaking to Air Traffic Control (distorted or clipped microphones with significant background noise), which I personally find can be difficult to 100% understand even though I'm a native English speaker and when both pilots and air traffic control are native English speakers.
At a larger level, say an exercise to transcribe a back catalogue of audio might need a $1000 GPU with the current model speeds to get the job done in a reasonable time. With models that run 6x faster it might be that a $200 GPU is sufficient. That could be quite a significant saving for a small company or charity etc.