Does video within your blog / article improve SEO? Looking to test this with some people

I've been diving into SEO for a while now, and one thing I keep seeing mentioned is the power of video to improve rankings. Videos are said to boost engagement and lower bounce rates, but I’m curious if anyone here has actual experience seeing a measurable impact on SEO from embedding videos in blogs or articles. To make things interesting, I'm testing out a tool that turns written content into engaging video summaries (short, under 2 minutes), which could work as a great way to complement text-heavy content. The idea is to provide users with the option of watching a summary of your blog or article rather than reading through the entire piece—could this boost engagement, reduce bounce rates, and ultimately help with SEO? I'm looking for a few people to test this out and see if embedding short videos impacts the SEO of their content. Anyone here willing to give it a shot or share any insights they’ve gathered on this topic? Would love to compare notes! Bonus: If anyone's tried something similar before and seen great results (or even the opposite), I’d love to hear about it. Let's figure out if this is a hidden gem or just another SEO myth.