This video demonstrates how to create an Amazon Cognito identity pool using the new console experience. It walks through selecting trusted identity providers, configuring IAM roles, and setting up attribute mappings for access control. The presenter explains each step of the process, from choosing authentication sources to reviewing and creating the identity pool. The video also showcases the new console interface for managing existing identity pools, including features like user statistics, identity browsing, and configuring access settings. Amazon Cognito identity pools enable secure federation with various identity providers and allow customers to obtain temporary AWS credentials for accessing AWS resources.