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Explore the intricacies of memory management in Python and the groundbreaking PEP 683 in this 29-minute PyCon US talk. Delve into the fundamentals 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 evolution and its potential impact on future developments, including modifications to the Global Interpreter Lock (GIL) and true parallelism. Gain insights into optimizing memory consumption for large-scale applications without compromising CPU performance. While tailored for intermediate to advanced Python developers, curious beginners are welcome to join this enlightening discussion on advanced memory management techniques and their future implications for the language.