The document discusses JIT compilation in CPython. It begins with a brief history of JIT compilation, including early implementations in LISP and Smalltalk. The author then describes their experience with JIT compilation in CPython, including converting Python code to IL assembly and machine code. Benchmarks show the JIT compiled Fibonacci function is around 8 times faster than the unoptimized version. Finally, the document briefly mentions the Numba project, which uses JIT compilation to accelerate Python code.