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Historic Achievement: Microsoft has made a major breakthrough in speech recognition, creating a technology that recognizes the words in a conversation as well as a person does.

In a paper published Monday, a team of researchers and engineers in 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.