Pros
Work when you want. If there's a rush job, you need to get it done within 24 hours, but other than that, you're on your own. Some of the work is interesting. You'll do everything from headline news events to jail calls.
Cons
Some jobs are easy; most are not. There are no raises, no bonuses. If you get a job that takes you 8 hours to transcribe and proof but it's only 30 minutes in length, you would only make around $3 an hour. AI does the first draft and a lot of times you have to completely retranscribe all of it. There is no management hardly at all unless they need something rush. Then you'll hear from them, which is nice because you're on your own without someone looking over your shoulder.