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Today we are going to standardize times using the HTML5 date/time attribute. HTML5 introduces the time element, which can wrap a date or time on a page to provide a valid format for assistive devices. This helps in avoiding confusion by displaying a standardized version of time, even if written informally. An example is provided where a paragraph element is wrapped with a time tag for specific dates. Wrapping the text with time tags helps in creating a standardized and accessible representation of dates in HTML content.