A boy sliding down a frictionless hemispherical ice mound of radius 2.6 m will lose contact with the ice when the normal force becomes zero. The discussion focuses on the relationship between centripetal acceleration and gravitational force, emphasizing that gravity must provide the necessary centripetal acceleration at the point of losing contact. Key equations include the velocity formula v=sqrt(2g(r-h)) and the relationship between height and radius through the angle theta. The participants explore how to relate these variables to determine the height at which contact is lost. Understanding the forces at play and their components is crucial for solving the problem accurately.