The seminar on CAPTCHA conducted by Mr. Suhas Joshi discussed its purpose as a challenge-response test that differentiates humans from computers. It covered the history of CAPTCHA, its algorithmic generation, applications, and potential drawbacks, such as lack of support for human disabilities and complexity in use. The conclusion emphasized the ongoing relevance of CAPTCHA in preventing automated abuses on the web, while also acknowledging the potential for future AI advancements to crack it.