This document discusses Flink SQL and its capabilities for stream and batch processing. Flink SQL provides a unified SQL interface that allows the same queries to run over both bounded batch data and unbounded streaming data. It achieves this through dynamic tables that are continuously updated as streaming data arrives. The document outlines Flink SQL's features, how queries are translated and executed, and examples of how SQL can be used to build data pipelines, real-time analytics, and live dashboards. It also introduces the new SQL client for interacting with Flink without writing code.