The level of technology we have in phones to dictate speech to text accurately should exist in some capacity for Premiere. It would be an absolute game changer for editing efficiency and separate premiere from other similar editing software. I've attached a mock-up that I also posted to the videography sub-reddit. It gained a lot of attention there and seems that the community shares the interest in this idea.

Most of them are round-tripping to third party software and services to dictate their audio. Wasting time and potentially over-complicating things.