This document discusses input/output (IO) and file handling in Ruby. The IO class is the basis for all input and output in Ruby. File objects allow reading and writing files and are a subclass of IO. Common file opening modes are described like "r" for read-only. The File class can open files and a block can be passed to File.open. Methods like gets, read, rewind, each are used to read files. Directories can be accessed using the Dir class and its methods like entries.