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In this video tutorial, the host explains how to extract information from PDF files using Python. The focus is on utilizing different Python libraries tailored for specific tasks: one for extracting images, another for text extraction, and a third for extracting tables. The approach favors using multiple libraries rather than a single one to handle all tasks, as each library is optimized for its respective function. The tutorial is structured into three sections, each demonstrating how to use a different library to accomplish these tasks, particularly for those dealing with extensive PDF parsing projects.