Audio compression basics involve taking a raw audio signal and reducing its size by finding repeated or redundant parts. For example, if the same sound value repeats multiple times, we count how many times it repeats instead of storing each one separately. This is called run-length encoding. The code example shows how we loop through the audio values, count repeats, and store pairs of (value, count). When the value changes, we save the pair and start counting again. At the end, we add the last counted pair. This process helps make audio files smaller while keeping the sound quality close to the original.