Comment by rob

For anybody trying to do this in bulk, instead of using OpenAI's whisper via their API, you can also use Groq [0] which is much cheaper:

[0] https://groq.com/pricing/

Groq is ~$0.02/hr with distil-large-v3, or ~$0.04/hr with whisper-large-v3-turbo. I believe OpenAI comes out to like ~$0.36/hr.

We do this internally with our tool that automatically transcribes local government council meetings right when they get uploaded to YouTube. It uses Groq by default, but I also added support for Replicate and Deepgram as backups because sometimes Groq errors out.