The document discusses knowledge representation on the Semantic Web. It introduces the need to formally represent information on the web using languages that allow computers to process and reason with the information. It describes the approach of using ontology languages like RDF and OWL to develop domain models and conceptualizations that provide shared interpretations of information across sources. It explains some of the basic constructs in ontology-based knowledge representation using these languages, including classes, properties, subclasses and restrictions.