You can view the source of the transcription text by clicking “View Source” in the top right.
The transcription source is in markdown format. The links between
<sup/> tags link to the Paircast video timestamp. Anyone who clicks these links will be brought to the Paircast recording at the time that line was generated!
You can then use the markdown source for your own purpose, like making a tutorial or filing a bug. The source can be embedded in a variety of ways, like on GitHub Readmes or even embedded into your own blog posts.
Here is an example of an embedded gist generated from Paircast.