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In today's video, Vince from Digital Nomad Institute introduces a new free AI writing software called Essay Bot. This web-based tool allows users to do topic and drafting, modify essays, run grammar and plagiarism checks, and more. While some features are locked behind a pay membership, Vince shows how to use the free version effectively. He emphasizes the importance of setting up the tool correctly for optimal results. Paying attention to settings is key to avoiding poor outcomes when using this software.