Perhaps, but FCPX does so in a much more elegant and intuitive way by excelling at non-linear operations, whereas Premiere defaults to a more linear, cumbersome paradigm of decades-past. But don't just take my word for it:
Thanks for the heads-up on Speedscriber, Jamie. We use FCPX exclusively and this is an exciting development (we transcribe a lot). Looking forward to seeing it out of beta.
Thanks for the accent, Ruben. That was unnecessarily kind of you :)
Why? Because that's his name. Or shall we simply call you Alex Z. from now on since half the world can't pronounce your last name? Congratulations on your contributions to make the internet a slightly dumber place.