The document discusses the goal of natural language processing moving beyond "processing" text to truly understanding text through the use of world models. It provides an example of a top-down world model called Cyc and how such a model can be used to disambiguate text and allow for reasoning beyond the information directly stated. Micro-reading is discussed as understanding individual documents through extracting logical assertions and allowing for inference, with examples provided. Finally, some of the key challenges for artificial intelligence in developing comprehensive world models and achieving true understanding are outlined.