Barcode decoders allow machines to read barcode information by translating the patterns of bars and spaces into digital data. The presentation discusses the history and types of barcodes, including 1D and 2D formats, and explains how barcode readers work by scanning codes with a light sensor and using decoder circuitry to analyze the image and extract the encoded data. Applications of barcodes are also reviewed, noting their common use for identification in retail, warehousing, and healthcare. While barcodes provide benefits like speed and data accuracy, disadvantages include delays if the system fails or codes are damaged.