Greg Young's presentation discusses modeling domain state transitions and separating commands and queries. It addresses using explicit state representation, storing events, and asynchronous context mapping between bounded contexts. Diagrams show evolving architectures from directly coupled components to eventually consistent designs with denormalized data stores and anti-corruption layers. Key points are that getters and setters are anti-patterns; domains should model state transitions; most queries can tolerate eventual consistency; and the client view differs from the domain model.