The empirical error equation given in the book Understanding Machine Learning: From Theory to Algorithms is

My intuition for this equation is: total wrong predictions divided by the total number of samples $m$ in the given sample set $S$ (Correct me if I'm wrong). But, in this equation, the $m$ takes $\{ 1, \dots, m \}$. How is this actually calculated, as I thought it should be one number (the size of the sample)?