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Tool to facilitate transcribing speech

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Nod5:
The obvious solution is something like Dragon software's speech-to-text. But the catch is that the speech is in Mandarin, and so far as I've been able to find, there's no software available to turn Mandarin speech into text.
-CWuestefeld (December 21, 2014, 08:37 PM)
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Microsoft's real time translation project for Skype will likely support Mandarin in a not so distant future.
For now, the voice function of Skype Translator will only work in English and Spanish, the two most widely spoken languages in the world after Mandarin (it's likely the tech giant will want to launch in Mandarin as well, and position the tool as being for business as well as education). However, in a blog post the company says we can expect "40 plus instant messaging languages" to be up for translations.
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http://www.wired.co.uk/news/archive/2014-12/15/skype-translator-tool

While geared toward real time translation of small snippets of speech, I bet there is already work underway by MS and third parties to apply it also to do recorded-speech-to-text-processing. Here is a MS preview video of the Skype real time translation

https://www.youtube.com/watch?v=G87pHe6mP0I

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