The document discusses overfitting and underfitting in machine learning models. It argues that with enough context data and a large model, 100% training accuracy can be achieved without overfitting. Typically, overfitting occurs when a model learns noise in the data as patterns. However, the document asserts that data only appears noisy if we lack context about how it was generated. A model can fit all training data if it learns patterns according to their proper contexts. With enough contextual data dimensions and a large model, the training data can be learned without overfitting to noise.