The document summarizes changes in Rails 3 including:
1. Bundler is introduced for managing gem dependencies through a Gemfile.
2. The ActiveRecord query interface is updated with method chaining and relations to unify finders, named scopes, and with_scope.
3. The ActiveRecord validation API is updated to use hashes instead of separate validator methods for validation options.
4. Views are updated with automatic XSS escaping, unobtrusive JavaScript, and consistent <%= %> usage for output.
5. Internationalization is updated with %{} instead of {{ }} for translations.