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For a 50 minute long meeting you are better off transcribing it yourself.
Since it's a meeting there will probably be difference people speaking.
It may take you 2 hours to transcribe it - however cleaning up a badly auto-transcribed file may take longer.
“That which can be asserted without evidence, can be dismissed without evidence.”
― Christopher Hitchens
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WIFE 1.0 is pretty good at this kind of thing.
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You like rabbit punches? 
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Munchies_Matt wrote: WIFE 1.0 is pretty good at this kind of thing.
May corrupt any MS-Money files you have, and has the side-effect of scanning your entire network for "strange" software.
Bastard Programmer from Hell 
If you can't read my code, try converting it here[^]
"If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.
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Does it have to be an app?
Speech recognition is built into Windows nowadays.
You could hit Play on the phone, and place it right next to your PC's microphone so it transcribes it into, say, Notepad.
I have no idea how well it'll work...but there's nothing to download and you can try it right now. I suspect there's a lot you'll want to re-edit by hand.
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Transcribe Through “YouTube”
Go to YouTube and upload your video file. If you have an MP3 audio file, you may use a tool like Windows Movie Maker, iMovie on Mac or FFMpeg to convert the audio into a video file before uploading to YouTube.
Wait for YouTube to completely process the video. The machine transcriptions may not immediately become available after uploading the video.
The best way to improve Windows is run it on a Mac.
The best way to bring a Mac to its knees is to run Windows on it.
~ my brother Jeff
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Dragon Naturally Speaking is the best. Our patients disabled used it when I worked at the hospital. Over the years it has improved very much. The problem, for your colleague, is that the voices, at the meeting, will be all different. The software works best with one voice though, as a joke, I tried the set up that one of the female occupational therapist had made and with my voice (male) it was about 80 to 85% accurate, much to my surprise! I must point out that we had the same accent and this part is very important.
It is conceivable that with a combination of Dragon and transcribing it still might save some work.
Good luck,
Mike
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Dragon Voice Writer works good. I think you need Professional to transcribe from a file instead of a microphone. Teaching it to recognize your voice takes about 15 minutes. After version 10, it got pretty darn accurate. ... Careful, it can tell if you've had a couple beers. (A Ray Kurzweil product... I think.)
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Google Docs does this... under the Tools menu choose "Voice typing..."
You might be able to play the recording into the microphone, or if the quality isn't very good you may need to actually listen to the recording using headphones or something and then use your own voice to repeat everything said in the meeting.
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The youtube feature is the best.
But honestly. It would take about 2hrs to just slow down the recording, and type it as they go into a computer.
And you could probably capture who said what better.
I use voice recordings (snippets of facts only) and then type them up later, adding back in the pertinent details all the time.
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"Voice recognition" generally requires "training" the app (for a given "voice").
You cannot take any old recording and just "convert" it; unless the app is "very" sophisticated (which usually means "expensive").
"(I) am amazed to see myself here rather than there ... now rather than then".
― Blaise Pascal
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Came across this while searching for music transcribing software.
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Artificial language and copper in a vote for a shocking death (12)
modified 17-Jul-18 7:11am.
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Artificial language RO T? - No idea why
and copper CU
in a vote ELECT ED
for a shocking death
ELECTROCUTED
Sent from my Amstrad PC 1640
Bad command or file name. Bad, bad command! Sit! Stay! Staaaay...
AntiTwitter: @DalekDave is now a follower!
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Yes I'll give it to you. Was meant to be electrocution but I got the letter count wrong. 
ro - artificial language[^]
cu - copper
vote - election
And then I totally missed out the extra t
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I'm very tempted to say you made so many mistakes that you should do it again tomorrow ... but at the current rate I'd still end up doing the day after! 
OK - I'll take tomorrow.
ELECTROCUTION was my first thought - but then I counted the letters and abandoned it.
Sent from my Amstrad PC 1640
Bad command or file name. Bad, bad command! Sit! Stay! Staaaay...
AntiTwitter: @DalekDave is now a follower!
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Yeah I got the BS bloke doing an audit today - so it was very rushed.
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Have you tried turning yourself off and back on again?
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He is known to turn off others in certain areas of life.
"It is easy to decipher extraterrestrial signals after deciphering Javascript and VB6 themselves.", ISanti[ ^]
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My lame attempt at NSFW joke.
"It is easy to decipher extraterrestrial signals after deciphering Javascript and VB6 themselves.", ISanti[ ^]
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BOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!
I was thinking of Euthanasia and could not figure where to put that cu in. For artificial language, I thought you are referring to some star trek/war/something else which has a made up language.
"It is easy to decipher extraterrestrial signals after deciphering Javascript and VB6 themselves.", ISanti[ ^]
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I started off with Esperanto[^] as the language, but that didn't fit either.
Sent from my Amstrad PC 1640
Bad command or file name. Bad, bad command! Sit! Stay! Staaaay...
AntiTwitter: @DalekDave is now a follower!
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But you still got it. You know him very well, I suppose.
"It is easy to decipher extraterrestrial signals after deciphering Javascript and VB6 themselves.", ISanti[ ^]
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No, I've just been answering "questions" in QA for a loooong time.
Sent from my Amstrad PC 1640
Bad command or file name. Bad, bad command! Sit! Stay! Staaaay...
AntiTwitter: @DalekDave is now a follower!
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