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What would be the benefit of this, besides from looking cool?
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More accuracy. Like others have said, homonyms (their, they're, there) is easier to determine once you have more context. So then you may need to go back a couple words and update them.

Same with punctuation, you could determine that a comma belonged in a certain place once you have enough words.

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Oh certainly, I was asking what the benefit would be to the opposite!
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In iOS this means you can edit the text as it’s being transcribed. For example, I want to dictate a todo list and after each item I can hit enter to go to the next line.
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Do the parts before you hit enter still get updated if later context indicates you said something else?
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