The document discusses how deep learning, particularly sequence-to-sequence LSTMs, has revolutionized natural language processing (NLP) tasks such as parsing, language modeling, translation, and summarization. It highlights the effectiveness of LSTMs in achieving state-of-the-art results and their application in Google Translate, while also addressing challenges related to speed and data requirements. The document concludes that deep learning has significantly advanced the field of NLP and that new models are continuously being developed to mitigate existing issues with LSTMs.