This document discusses different types of variable speed drives (VSDs) used to regulate the speed of AC induction motors. It begins by explaining how conventional VSDs work by converting AC to DC and then back to AC using diodes and IGBTs to generate pulse width modulation (PWM) waveforms. It then describes how matrix drives eliminate the need for rectification and smoothing circuits by directly converting 3-phase AC input into 3-phase AC output using bi-directional switches arranged in a matrix. Matrix drives generate 3-level output pulses and a sinusoidal input current waveform with less than 5% total harmonic distortion. While matrix drives have higher initial costs than conventional drives, they achieve low harmonics without additional components.