The discussion centers on the entropy of diamond and graphite at absolute zero (0K), referencing the third law of thermodynamics, which states that the entropy of a perfect crystal is zero. Participants argue that diamond likely has zero entropy due to its tetrahedral structure, while graphite may have a non-zero entropy because of its bonding flexibility, expressed as S=N/2 ln(3). The conversation also touches on the concept of residual entropy in non-crystalline substances like ice, suggesting that any real crystal with defects or finite size may exhibit some entropy at 0K. Ultimately, the consensus leans towards the idea that both diamond and graphite, as perfect crystals, would have zero entropy at absolute zero, while acknowledging complexities in real-world applications. The discussion highlights the nuanced relationship between crystal structure and entropy at low temperatures.