The document discusses Traceur, a compiler that allows developers to write JavaScript code using ECMAScript 6 features while targeting browsers that do not yet support these features natively. It provides an overview of Traceur's capabilities, how to use it through command line, Grunt, or Gulp builds, and the benefits of using a compiler like Traceur to write ES6 code now while targeting older browsers through compilation to ES5. However, it also notes that Traceur does not support all ES6 features and requires a runtime, so developers must carefully consider if their projects truly need ES6 features.