The text discusses how to make pg_dump and pg_restore 5 times faster. These tools are essential for backing up and restoring Postgres databases but can be slow for large tables due to their single-threaded nature at the table level. Parallel Snapshotting is an idea that could make these tools multi-threaded at the single table level by logically partitioning the table based on CTIDs and copying multiple partitions simultaneously. PeerDB, an open-source Postgres replication tool, has already implemented this concept. Through Parallel Snapshotting, a 1.5TB table can be migrated 5 times faster than using pg_dump and pg_restore alone.