The document discusses the five generations of computers from 1946 to present. The first generation used vacuum tubes and were very large, expensive machines. The second generation used transistors, making computers smaller and more reliable. The third generation used integrated circuits, further reducing size. The fourth generation used microprocessors and VLSI circuits, leading to personal computers. The fifth generation uses ULSI technology and focuses on artificial intelligence and parallel processing. Each generation brought improvements in cost, size, reliability and capabilities.