The painting in the transcript is called 'Night Fishing at Antibes' by Picasso.
The two ways to understand the painting are by looking at it and describing the objects and actions, and by understanding the actual content of the scene.
The actual content of the scene is a night fishing scene with two spear fishermen hunting for fish from a small boat lit by a mesmerizing light. The two towers in the mass of purple shapes are the Chateau Grimaldi, and the water is the French Riviera at Antibes where Picasso was vacationing in the summer of 1939.
The painting was completed in August 1939, just a couple of weeks before the outbreak of World War II. Life in Europe was extraordinarily tense, and Picasso was still reeling from the sad conclusion of the Spanish Civil War.
The personal context is important to understand the painting is that it was completed in the same year that Picasso's mother died and Spain was lost to a vicious dictator. The two women in the painting likely represent Picasso's wife Olga and a combination of his mistresses Maria Theresa Walter and Dora Maar.