The video introduces a formula for mastering prompts in ChatGPT and Google Bard, emphasizing the importance of effective prompting skills.Jeff, the host, shares his personal journey of learning prompt engineering through extensive courses and practical application.The video outlines six essential building blocks for creating effective prompts, focusing on generating high-quality outputs.Context is highlighted as a crucial component, with Jeff providing three guiding questions to help viewers determine the right amount of information to include in their prompts.An example is given to illustrate how to provide specific context, demonstrating how to tailor prompts for better results based on user background and desired outcomes.