Netlist
A netlist is a machine readable file that contains all the connections between all the components in your design.
They are one of the outputs of a Synthesis tool like Yosys.
These examples are taken from http://bygone.clairexen.net/yosys/screenshots.html
If you have a counter design written in an HDL like Verilog
module counter (clk, rst, en, count);
input clk, rst, en;
output reg [3:0] count;
always @(posedge clk)
if (rst)
count <= 4'd0;
else if (en)
count <= count + 4'd1;
endmodule
The output netlist can be visualised like this:

You can see the blocks are fairly ‘high level’, like multiplexors ($mux), or adders ($add). These types of blocks are not part of the Skywater PDK, so they need to be broken down into more simple blocks.

These blocks are now simple enough that they can be mapped onto the standard cells we have in the PDK. The synthesis process is the first step in the LibreLane tool.
Course feedback
I’d absolutely recommend this course even if you've never done hardware design. We all have a phone with a couple of gigahertz worth of compute power in our hands but I don't think many people know exactly how that works.
Fran Gonzalez (digital course)