The document discusses the current cloud-native Function as a Service (FaaS) ecosystem presented at ContainerConf 2019, highlighting its evolution as a key part of serverless computing. It emphasizes the benefits of cloud-native development including the lack of server management, integration with event-driven architectures, and criteria for selecting an ideal FaaS platform. The presentation also mentions various contenders in the FaaS space and notes that the best choice depends on specific use cases.