I found a script which allows you to generate automatic subtitles in Davinci Resolve for Free! This is a plug in made by Tom Moroney.
Check out Tom's Original video:
• Auto Subtitles for Davinci Resolve (Free)
Support him: https://buymeacoffee.com/tmoroney
Auto Subs GitHub: https://github.com/tmoroney/auto-subs
► TIMESTAMPS:
00:00 What We'll Learn
00:19 Installing Auto Subs Script
01:51 Some problems and solutions
02:21 How to use Auto Subs
03:30 Final Result
Thank you so much for watching :)