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In this tutorial, the speaker explains how to reduce the file size of photos on an iPhone by changing the camera settings to capture photos and videos in high efficiency format. This can be done by going to the settings application, scrolling down to the camera settings, and selecting the high efficiency format option. While this format may reduce file size, it may also slightly lower the quality of the photos. This is a common method known to many, but it can be useful for those looking to save space on their device.