This AI tool allows users to easily convert video to text. To get started, users need to download the converter and run the python backend as per the instructions on the GitHub page. After starting the backend, users can fill in a form with a link to a YouTube video and select the language of the video. The tool will then transcribe the video, and once the process is complete, the resulting text will be displayed beneath the form. It is important to have ffmpeg installed for the tool to work properly. Additionally, users have the option to donate $5 to support the creator"s work. Potential applications for this tool include generating transcripts for videos, aiding in video content creation, and assisting individuals with hearing impairments.