Streaming technology works for audio and video content by compressing data and transmitting it over the Internet in real-time. This involves a streaming protocol that sends data in small packets, allowing for immediate playback without requiring a full download. Technologies like Content Delivery Networks (CDNs) reduce latency by caching content closer to end-users. Streaming platforms often utilize adaptive bitrate streaming to adjust the quality based on the user's Internet speed, ensuring an uninterrupted viewing experience. This technology has revolutionized how users consume media.