Acharya Prashant addresses the common struggle people face regarding the past, present, and future. He explains that the past is not something to be deleted or forgotten, as it provides the necessary knowledge and language required for communication and comprehension. However, he distinguishes between knowledge, which is a carry-forward of the past, and intelligence, which exists only in the present. While the past provides the medium to understand words, the actual act of understanding and listening happens in the present moment through attention.