Dictation: Speak instead of type your ideas or notes. All you need is a microphone and a reliable internet connection. A list of voice commands, can be found here: here Record your conversation in Word and have it transcribed on the fly
Transcribe and Dictate in Word is available in Word for the web for all Microsoft 365 users and is supported in the new Microsoft Edge or Chrome browsers. here
Free
There is a limited amount of time per month (300 minutes). When using the transcribe functionality in Teams or in Word365 make sure you ask for permission from the attendees of the meeting.