How To Enable Transcription in a Meet:
Hosts are able to save a Transcript of their Meet. They can either configure this option when creating the event or once the meeting has started.
In Meeting: Navigate to your Meeting Tools on the lower right of the screen and Click.
From the Meeting Tools popup, select “Transcripts” from the tools.
Click “Start Transcript”. Note, when ending your meeting. You will need to stop the transcript.
When Scheduling Your Meet via Google Calendar:
Open “Video Call Options”
Select “Meeting records” from the left menu
Click to check “Transcribe the meeting”
Click “Save”. When you start your meeting, transcription will begin.