The document discusses search engines and how they work to index the vast amount of information on the web. It explains that search engines build indexes by having software agents crawl the web, download pages, and extract key information to build searchable databases. It also notes that search engines compete based on factors like the size of their indexes, speed of searches, and relevance of results. Finally, it provides statistics on the size of indexes and recent indexing activity for some major search engines like Google, FAST, AltaVista, and others.