The buffer is the UI, rendered by Emacs's extremely optimised text display machinery

The author is known in the community as a mere packager whose knowledge of the nitty-gritty derives entirely from hearsay. Perhaps he read the long-winded preamble to xdisp.c written in 1995 boasting of all manner of optimisations. But they were written so long ago, almost no one believes most of them matter anymore, what with thirty years of bitrot.