The document discusses the Plug and Play (PnP) technology, a hardware and software standard for automatically configuring devices like modems and network cards. Established in 1993 and popularized with Windows 95, PnP allows devices to identify themselves, configure via software, and report necessary resources such as IRQs and DMA. PnP requires compatible BIOS, peripheral hardware, and operating systems to function effectively, following specific boot-time steps to manage resources and device recognition.