Python is an object-oriented, high-level programming language that is easy to learn and use for a variety of purposes including web and app development, data analysis, automation, and more. It can be used on many platforms and has a simple syntax that focuses on readability. Python allows for rapid prototyping and is commonly used in fields like data science where it can handle large datasets. Key benefits include its productivity, readability, extensive standard library, and ability to be extended with additional modules.