Explore memory management in Python and the groundbreaking PEP 683 in this 28-minute conference talk from EuroPython 2024. Delve into the basics of memory handling, understand the origins of PEP 683, and discover the significant changes it introduces. Learn why this proposal is crucial for Python's future, including potential modifications to the Global Interpreter Lock (GIL) and the possibility of true parallelism. Gain insights into reducing memory consumption without compromising CPU performance, especially valuable for large-scale applications handling numerous requests. While aimed at intermediate to advanced Python developers, curious beginners are welcome to join this informative session on advanced memory management techniques and future developments in the Python language.