The document discusses different threading models including green threads, native threads, and hybrid threads. Green threads are lightweight threads implemented entirely in userspace that allow for cheap context switching but block all threads when one blocks. Native threads are true OS-level threads that have overhead but allow blocking individual threads. Hybrid threads combine aspects of green threads and native threads. The document also covers preemptive and cooperative multitasking and notes that Ruby uses fibers which are green threads using cooperative multitasking.