Aside from accessibility as mentioned, you can catch up on videos that are hours long. Orders of magnitude faster than watching on 3-4x playback speed. If you catch up through something like Subtitle Edit, you can also click on relevant parts of the transcript and replay it.

But transcribing and passably translating everything goes a long way too. Even if you can hear what's being said, it's still less straining to hear when there's captions for it.

Obviously one important factor to the convenience is how fast your computer is at transcription or translation. I don't use the features in real-time personally currently, although I'd like to if a great UX comes along through other software.

There's also a great podcast app opportunity here I hope someone seizes.