The document compares Vue 2 and Vue 3, highlighting the significant changes and improvements in Vue 3 that enhance performance and usability for developers. Vue 3 introduces features like multiple root nodes, a composition API, and an improved method of accessing properties and emitting events. It positions Vue 3 as a faster, more efficient framework while maintaining similar syntax to Vue 2, which continues to be widely used until its expected end-of-life in late 2023.