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The text informs viewers that the content is under a Creative Commons license and encourages support for MIT OpenCourseWare. The speaker, Sara Verrilli, announces that the due date for the vision statement was wrong and has been adjusted on Stellar. The vision statement is still accepted until tomorrow morning without penalty. Additionally, a product backlog is due the following Monday, and students will work on creating it in class. Refinement and further thought on the product backlog will be needed before turning it in.