via SiT - Stanford U. Will Test a Computerized Transcription System

Students testing the Liberated Learning Project (LLP) at colleges and universities in Canada, Britain, and Australia find they no longer need note takers at lectures where LLP is used.

Although LLP adds some extra work for the lecturer, students, including those without disabilities, give the innovation positive reviews.

Using voice-activated software, the system immediately converts a teacher's words into print that is flashed onto a large screen.

BTW, there's a wee bit of discussion going on over at SiT about this.