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In this video tutorial, the speaker demonstrates how to compress any image file in PNG or JPG format. To do this, click the link provided in the description, which will take you to a website where you can upload the image file. After compressing the file, download it and see the difference in size - the original file was 1 MB, but the compressed file is around 500 KB. The speaker encourages viewers to subscribe, like, and share the video.