This document discusses how artificial intelligence and machine learning are used in speech recognition technology. It explains that AI and ML allow speech recognition solutions to analyze large amounts of speech data to build statistical models and predict outcomes accurately. Examples are given of how Microsoft, Google, and Uniphore's AI-powered speech recognition software achieves high accuracy rates and can continuously improve through machine learning. The document advocates that AI and ML give speech recognition applications new capabilities like self-learning, emotion detection, and diagnostic analysis.