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In this excerpt, the speaker introduces optical character recognition (OCR) through a demonstration of pattern and feature recognition. They highlight the historical context, noting that before OCR, individuals often wasted time manually typing text from printed pages. Ray Kurzweil, a pioneer in OCR technology from the early 1970s, is mentioned, as he developed systems capable of recognizing printed text in various fonts. Kurzweil's work also led to the creation of speech synthesis technology that allows printed text to be read aloud. The speaker emphasizes the advancements in OCR technology regarding speed and accuracy since its inception.