 Search within podcasts possible. Speech to text conversion - Dunno standalone program
There are three services I know that convert speech to text to allow you to search within a podcast: Blinkx, Podzinger, Podscope.
All these services run podcasts through a speech recognition engine to convert speech to text, that is why it becomes easy to search within podcasts.
Blinkx Inc. is using speech to text software from Autonomy Corp. It shows a transcript but starts from the beginning of the podcast.
Blinkx scans not only podcasts but also millions of hours of TV broadcasts.
Podzinger is based on the technology from BBN Technologies Inc.
that created services for the U.S. intelligence services, namely developed speech recognition that has been used for real-time analysis of foreign broadcasts in Arabic and other languages, now it allows you to mine podcasts.
Podzinger provides the time at when the search phrase was found, a text transcript of that time period that you can scan quickly to figure out if they are talking about what you are actually looking for.
TVEyes makes Radio & TV searchable by keyword, phrase or topic - just as you would use a search engine for text. TVEyes has been indexing television and radio broadcasts since 1999. And now TVEyes offers Podscope - a service to search within podcasts.
TVEyes crawls the web with Podscope looking for podcasts and creates an index against every word, thereby making the contents searchable. The user can search on a term, generate a list of results ranked by a variety of ods to find the most relevant podcast and click to play or click to download. Although Podscope doesn't produce a transcript you can read.
As you can see there are podcast searching services that successfully use speech recognition engines. However ATM I can't suggest you a standalone program that can convert your downloaded podcasts to text.
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