The expression |i><i| represents a projection operator in quantum mechanics, defined as \(\hat{P}=|i \rangle \langle i|\). This operator projects any vector |\psi\rangle into the direction of the unit vector |i\rangle, with the component of |\psi\rangle in that direction given by \(\psi_i=\langle i | \psi \rangle\). The completeness relation states that a complete set of orthonormal vectors |j\rangle can decompose any vector |\psi\rangle, expressed as \(|\psi \rangle=\sum_{j=1}^{\infty} |j \rangle \langle j|\psi \rangle\). The discussion emphasizes the utility of Dirac notation for simplifying operations in abstract Hilbert spaces, while also noting the connection to matrix representations. Overall, the projection operator serves as a fundamental concept in understanding vector decomposition in quantum mechanics.