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In this video tutorial, Alvendrill demonstrates how to retrieve data from a txt file, modify it, and save it to another file using Python. He emphasizes that any coding language can be used as long as you know how to code. He shows his desktop with larger icons for better visibility and refers to a previous video where he generated and saved data to a txt file. The data generated can be anything like MAC addresses, IP addresses, phone numbers, or email addresses. Now, he plans to retrieve and modify the data as it is not standardized.