1. A computer-implemented method of managing information, comprising acts of: searching information sources containing audio data for tag and content relationship data; transcribing the audio data to produce transcribed text; creating a tag classification model based on the relationship data comprising taxonomy between tags and an associated corpus of tagged content to produce tag information; obtaining the tag information from the tag classification model and outputting the tag information as a short list of likely tags that have a likelihood of being appropriate and related to the transcribed text; selecting a tag that applies to the transcribed text based on the list of likely tags; and utilizing a processor that executes instructions stored in memory to perform at least one of the acts of searching, transcribing, creating, obtaining or selecting.