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In this video tutorial, the presenter demonstrates how to use Python to find and replace text in multiple Word documents. The example focuses on replacing "2022" with "2023" within a collection of Word files located in an input folder. The solution utilizes the pywin32 package, which requires Windows and Microsoft Word to be installed. The presenter mentions attempting to use python-docx, but it caused issues by deleting images and altering the document's formatting. To begin, viewers are instructed to install pywin32 via the command line with the command `pip install pywin32`. After installation, the tutorial proceeds to set up a blank Python file, where dependencies for file path management will be imported.