Microsoft : develops first human-like speech recognition system 4-Traders

The logo of Microsoft is pictured in Issy-les-Moulineaux, France, August 8, 2016. New York: In a major breakthrough in the field of speech recognition, Microsoft researchers have created a technology that accurately recognises the words in a conversation like humans do. The team from Microsoft Artificial Intelligence and Research reported a speech recognition system that makes the same or fewer errors than professional transcriptionists. The researchers reported a word error rate (WER) of 5.9 percent, down from the 6.3 percent WER the team reported just last month. The 5.9 percent error rate is about equal to that of people who were asked to transcribe the same conversation, and it's the lowest ever recorded against the industry standard "Switchboard" speech recognition task.