My honest take on the Epiphan LiveScrypt after buying one myself and running it at real events, including what it actually costs.
https://www.youtube.com/embed/wyZTUapc3Q4
Not sponsored. I bought this with my own money and I've run it at several events.
A client had large in-person and online audiences who weren't engaged, because they couldn't follow along. Hearing impairment, language barriers, room noise, catering clearing plates mid-session. The Epiphan LiveScrypt converts speech to on-screen text live during the stream, running on Google's AI transcription.
YouTube, Facebook and Vimeo caption uploaded video, but not live, at least not affordably. Vimeo gives you two free hours a year, and additional hours are only purchasable on the Enterprise plan.
It claims a 95% accuracy rate. That's solid, not perfect. Expect errors on technical terms and names. It will never replace a human transcriptionist, but a live in-person transcriptionist carries a hefty price tag, which is exactly why this is an upsell and a new revenue line rather than a cost. Setup is plug-and-play: connect the stream, hit start, transcription begins.