Kotlin is a statically typed, multi-paradigm programming language that runs on the Java Virtual Machine. It is developed by JetBrains as an alternative to Java that is concise, safe, and interoperable with Java. Kotlin aims to reduce boilerplate code through features like data classes, type inference, named arguments, and null safety. It is a good choice for Android development and works well with existing Java libraries and tools. While Kotlin has many advantages over Java, developers should avoid using it for core logic that must be sustained for a long time due to its relative newness.