In today's world of technology excellence, it seems completely possible to offer video and audio content over various platforms. When new technologies enter the picture, however, there is no less a need for the standard content that we are familiar with - in this case, the written word. There are several reasons for transcribing audio content.
A Permanent RecordWritten accounts do not deteriorate as quickly as audio recordings. In places such as doctors’ offices and the court, the value of written copies of all transcripts has long been known. Written transcriptions can be filed easier, retrieved quickly and searched easier. There is no need for specialized equipment to access the files. It is also much less likely a person can "misread" something, like they can "mishear" a recorded word or phrase.
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People Still Prefer WritingWhen someone listens to an interesting video or sees something that tells them how to do a project, they like to have an audio transcription so they can return to the information as many times as necessary. It is easier for them to find a print out a paper copy of instructions than to search the vast Internet for something that caught their interest months ago.
Wider AudienceNot everyone has access to video or audio content. In addition, those who are hearing impaired may find it frustrating to miss out on good information. A written material is easier to load on a computer or other device and will likely be viewed by a greater audience than simple video or audio. You want to offer your audience as many ways as possible to access the things you find important.
Whether for posterity or easier access, having your most important content transcribed will benefit you greatly over time. An audio transcription will provide an invaluable addition to your records, one that can't be gotten in any other way.