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In this tutorial, the presenter demonstrates how to extract text from PDF files using Python. The key file used is "lorem.pdf," which contains lorem ipsum text and features a hidden character, Waldo. The tutorial employs Visual Studio Code, starting with the activation of a virtual environment (optional for viewers). The presenter installs the `PyPDF2` library, emphasizing the correct capitalization, and successfully updates the package. Subsequently, a script named `pdf_extract.py` is created, and the `PdfFileReader` class from `PyPDF2` is imported to establish a PDF file reader object, setting the stage for further text extraction processes.