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In this video tutorial, the instructor discusses Microsoft Publisher 2016 and demonstrates how to replace text boxes, including placeholder and default text. The tutorial begins with a Microsoft Publisher flyer, where various objects are identified by their boundary types as the instructor scrolls through the document. The video highlights generic and specific text, such as business names, while also noting the presence of images within certain objects. When clicking on generic text, it automatically highlights, and the instructor shows how to type in new text, using the example "replace publisher plac." The tutorial aims to provide practical guidance for editing text in Publisher.