The document provides an overview of hypertext and its key characteristics including undefined structure, interactivity, and examples like Wikipedia. It discusses how hypertext engages readers through a reader-driven experience with linked content like text, images, videos and more. Readers can explore different paths and details in the text. The document then presents an excerpt from the beginning of the story "The City and the Sea" and includes some hyperlinks to further explain and demonstrate hypertext elements in the story.