This video explains Russell's Paradox, a fundamental problem discovered in set theory in 1901 by Bertrand Russell. It begins by introducing the concept of numbers and set theory, explaining what a set is and its basic rules. The video then details how these rules, particularly the idea that sets can contain themselves, lead to a logical contradiction. Finally, it explores how this paradox, initially applied to set theory, is also inherent in language and thought through the concept of predication.