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In this video, the creator uses AI to remove watermarks from images, starting with a desire to obtain a specific image from Shutterstock. It is highlighted that the project may not be legal or ethical, with humor acknowledging potential criticism. The process involves opening Photoshop to remove the watermark manually, followed by using machine learning, specifically deep learning neural networks, to automate the task. The key components required for AI watermark removal are a large dataset, a deep neural network, and CUDA cores for processing. The process involves input images with watermarks (x) and corresponding clean images without watermarks (y) for training the neural network.