The document discusses the BIOS (Basic Input/Output System) which is low-level software that controls hardware and acts as an interface between the operating system and hardware. The BIOS consists of firmware stored on the motherboard as well as device drivers loaded from disk during startup. It describes how the BIOS initializes hardware during the POST (Power-On Self-Test) and bootstrap process to load the operating system. Modern operating systems like Windows can replace the BIOS firmware with their own drivers loaded from disk.