Originally posted by royalchicken
Do you mean look at each frame separately or invert the colors?
In isolation, each frame contains no information, as it consists of random noise. However, if you animate it quickly enough you'll see that some areas are static noise while others change with each frame. The fact that it is possible to read the letters at all is testament to the brain's ability to detect change, even in the form of noise turning into more noise.
The metaphorical biscuit goes to psychopath42.