The document discusses the semantic web, which aims to make web content machine-readable through the use of metadata, XML tags, and ontologies. It explains that the semantic web will bring structure to web page meaning to allow computers to process semantics. Key components that enable the semantic web are RDF, which describes web resources through subject-property-object triples, and ontologies, which formally define relations among terms. The ultimate goal of the semantic web is to help computers comprehend semantic documents to assist the evolution of shared human knowledge.