Not sure why someone chose to downvote this to 0, but here's how the OP put it:
The global lock is a feature of MRI that basically wraps a big mutex around all of your code. That's right, even if you're using multiple threads on a multi-core CPU, if your code is running on MRI it will not run in parallel.
OP is wrong, MRI will release the GIL (and yield to other threads) on IO and after running a bit (which can yield convoy effect actually lowering the performances). C extensions can also release the GIL when not manipulating VM structures.
Technically the GIL is there to protect the VM's internal state, so its operational semantics are that it's taken and released for each bytecode instruction.
However the efficiency would stink (short of awesome automatic lock elision or merging), so GIL-based VMs usually have a higher threshold, either based on some sort of instructions count (which may or may not map 1:1 to bytecode instructions) or an internal "wall clock" timer. I think MRI's the latter but don't quote me on it.
There are some very specific caveats that MRI makes for concurrent IO. If you have one thread that's waiting on IO (ie. waiting for a response from the DB or a web request), MRI will allow another thread to run in parallel.
The global lock is a feature of MRI that basically wraps a big mutex around all of your code. That's right, even if you're using multiple threads on a multi-core CPU, if your code is running on MRI it will not run in parallel.