Yoni Davidson gives a presentation on serverless solutions for backend development using Function as a Service (FaaS). FaaS allows developers to write small pieces of logic that are run in response to events and automatically scale with traffic. This can make applications more cost effective and fault tolerant by paying only for the resources used. However, there are also challenges to the serverless approach including a change in development paradigm, vendor lock-in, and potential limitations with very high traffic applications. Overall, FaaS is presented as a way to build event-driven applications, extend existing services, and reduce cloud expenses.