That's exactly right. The aim of this product is to enable businesses to offer that service to their users. Right now, you can only get intelligent dictation by having users already come to the table with some of these apps, like Wispr Flow.
You want companies to pay you to process their customers voices and private data, but I don't see a privacy policy or even what jurisdiction you operate in. Your Terms and Conditions is literally a placeholder. That's a huge red flag.
If you're processing people's data it doesn't matter if it's free or not, you need to understand your legal obligations. You can't have a blank Terms of Service. You should really talk to a legal professional.