The discussion focuses on calculating Planck's constant using an LED experiment, highlighting that the I-V curve of the circuit is not linear at low bias voltages. It emphasizes the importance of knowing the power output of the LED to backtrack to Planck's constant (h) using the equation E = hν. Assumptions about the conversion efficiency of electrical power to light versus heat are crucial for accurate calculations. Participants suggest consulting the LED datasheet for relevant information to aid in these calculations. The conversation underscores the need for careful consideration of variables in the experiment.