The document discusses service discovery in cloud-based applications, highlighting the need for a more elaborate mechanism due to dynamic network locations of service instances. It compares two primary patterns: client-side discovery, where the client queries a service registry and manages load balancing, and server-side discovery, where a load balancer handles these tasks. It also outlines the role of service registries and the options for registering service instances, emphasizing the benefits and drawbacks of self-registration and third-party registration patterns.