Is Rabbit R1 worth the hype?

I have been hearing a lot about Rabbit R1 lately, and I thought it was time to dive deeper into what makes this AI transcription tool so interesting. While I haven’t personally used Rabbit R1 yet, I did some research and spoke with few friends in the tech industry to gather insights. After all AI based transcription tools are rapidly gaining traction, and tools like Rabbit R1 are touted as game changers. So here is my take based on the information I have gathered, along with its technical insights on its claim and performance