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In this video, Shrini discusses the best method for evaluating semantic segmentation, focusing on the intersection over union (IoU) approach. Semantic segmentation involves classifying individual pixels in an image, rather than categorizing the entire image as, for example, a cat or dog. The tutorial highlights the importance of this technique using an example of a rock sample with various minerals. Shrini critiques accuracy as a metric for evaluation, noting that it is not effective in cases of class imbalance, which often occurs in multi-class problems encountered in real-world scenarios. Thus, he emphasizes the need for more precise evaluation methods in these contexts.