Abhey Sharma's presentation discusses neural networks. It defines biological neural networks as networks of real neurons in the brain, and artificial neural networks (ANNs) as artificial systems composed of interconnected nodes modeled after biological neurons. ANNs are configured through learning to perform tasks like pattern recognition. The history of neural networks is reviewed, from early enthusiasm to a period of frustration before recent resurgence. Neural networks offer advantages like adaptive learning, self-organization, fault tolerance, and fast real-time operation, but disadvantages include their "black box" nature, high computational requirements, difficulty incorporating time, and inevitable errors of approximation.