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The video tutorial discusses the concept of free software, focusing on the distinction between "free as in free beer" and "free as in free speech." While free beer refers to no monetary cost for the software, free speech emphasizes the freedom to use, study, modify, and distribute the software. The importance of these concepts is highlighted in the context of Linux, UNIX, and open-source software. Additionally, the lesser-known concept of "free as in free time" is introduced, referring to the time saved by using free software. Overall, the tutorial explores the benefits and implications of these different forms of freedom in the software world.