The Webflow Extension by Peek is designed to significantly enhance productivity while using Webflow. It boasts powerful tools, notably an AI-powered alt text generator that automates the process of adding relevant alt texts to images. This improves website accessibility and SEO. The extension also provides shortcuts for various routine tasks, helping you focus more on design and less on repetitive actions. This blend of AI and practical tools makes it an essential asset for anyone developing websites on Webflow.