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In this video tutorial from Base Grid, the speaker introduces Otter.ai, an application that creates automatic meeting notes and transcriptions for platforms like Zoom, Cisco Webex, Google Meet, and Microsoft Teams. The tutorial demonstrates how to use Otter.ai, which is available for free on the web and as an iPad app. It utilizes AI technology to transcribe spoken words while filtering out background noise, making it efficient for generating meeting or interview notes. The speaker emphasizes the ease of using Otter.ai to enhance productivity during meetings.