According to a report from AppleInsider, Apple's artificial intelligence plan on the iPhone may bring real-time transcription functionality to the "Voice Memos" and "Notes" applications. This new feature is expected to be launched with iOS 18 and is said to allow you to see real-time transcriptions of your audio recordings in either app. While the current "Notes" app does not allow you to record audio, another rumor from AppleInsider suggests that Apple also plans to add this feature in iOS 18. Audio transcription in both of these apps sounds particularly useful for students or journalists who can save time transcribing lengthy lectures or interviews. It should also be helpful for those who just want to quickly review "Voice Memos" without having to listen to the recordings. As for "Notes," Apple is reportedly planning to go beyond transcription functionality by adding AI-driven summaries. The company may add an option to generate text summaries of recorded audio. Audio transcription services like Otter offer similar functionality, but providing this feature directly on the iPhone can help reduce reliance on third-party apps. During a recent earnings conference call earlier this month, Apple CEO Tim Cook emphasized that the company's AI features will "remain steadfastly focused on privacy." Apple's own research papers indicate that the company will handle simple AI requests directly on the iPhone while sending more complex requests to third-party servers. "Notes" and "Voice Memos" are not the only rumored applications in iOS 18 to receive AI processing. Other reports suggest that Apple plans to introduce more AI capabilities to Siri, potentially analyzing and summarizing text in the "Messages" app. It may even add a new webpage summary feature in Safari.