The CAGED template, also referred to as the CAGED system, is the most important pattern of all to commit to memory. It truly is the mother of all patterns for guitars in standard tuning, and any course teaching you how to use the whole fretboard will have to refer to it. It, in a very real sense, IS the way guitars work. When we start playing, we tend to stick pretty close to the nut, down in open-chord territory, and for good reason: that's where we can keep track of what we're playing by using open strings and relying on the proximity of the nut to count our way up the fretboard. Anything past the fifth fret become no-man's land where panic sets in. However, as we progress, we need to move up the fretboard in order to access those high notes. We can't let ourselves be restricted musically by the seemingly undecipherable layout of the fingerboard. There must be some logical way of dealing with the maze of strings and frets, we tell ourselves, and that way is the CAGED template.

If you like this video and you'd like to learn how to actually use this system, I have recently put together a mini-course called 'How To Use CAGED' which you can check it out here: https://www.guitaralorange.com/how-to-use-the-caged-system - this will show you how you can master this powerful mindset.
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I am also the author of "PlaneTalk", which teaches a mindset, a way of thinking about music and a way of tracking it all on the guitar fretboard. Yes, there IS a constant down there in the maze of strings and fret wire, a landmark that points to everything at all times. I call it The Easiest Yet Most Powerful Guitar Lesson You Will Ever Learn and many testimonials at my site will back up that rather superlative description. If your goal as a guitar player is to be able to truly PLAY the guitar, not just learn by rote; to be able to invent on the fly, not memorize every note; to be able to see the WHOLE fretboard as friendly, familiar territory, not just the first 5 frets and to do it all without thinking about all those scales and modes, then you should read more here - https://www.guitaralorange.com/planetalk-signature-guitar-course