Ginger Schell

I'm often asked if there's enough work available for human transcriptionists since AI is so popular now.

Let's do some math.

On YouTube alone, there are 500+ hours of video uploaded EVERY MINUTE.

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Y'all... That's just YouTube.

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Okay, okay. Back to the math.

500 x 60 = 30,000 audio minutes posted on YouTube every minute

Let's assume 98 percent of the people who post on YouTube are completely satisfied with their AI transcripts.

Let's also assume the other 2 percent are NOT satisfied with AI transcripts. They want professional/custom-designed transcripts they can post on their websites and repurpose into blog posts, newsletters, online courses, book manuscripts, etc.

30,000 - 98 percent = 600 audio minutes

Let's also assume your pay rate is $3.00 per audio minute. (Most of my clients pay me $3.59 per audio minute.)

600 x $3.00 = $1,800

That means $1,800 worth of work is posted on YouTube alone per minute.

That means $108,000 worth of work is posted on YouTube alone per hour.

That means $2,592,000 worth of work is posted on YouTube alone per day.

That means $946,080,000 worth of work is posted on YouTube alone per year.

If you add all the content put on TikTok, Twitch, Facebook, and Instagram, that number goes up to 1200+ hours of video uploaded PER MINUTE.

Now add in the gazillion other businesses that post files directly on their websites and/or use other platforms such as Vimeo, PodBean, Udemy, etc.

The amount of work available for specialists like us is mind-boggling.

Do you want to know how many audio minutes you need to transcribe per week to make $50,000 per year if your pay rate is $3.00 per audio minute?

320 audio minutes

With the right skills and determination, you can turn a tiny slice of this massive market into a life-changing income.

I'm here to help you every step of the way. 😊