The discussion clarifies the distinction between the "=" sign, which indicates equality between two mathematical objects, and "<=>", which signifies logical equivalence between statements. The "=" sign asserts that two values are identical, while "<=>" indicates that two statements imply each other, thus being equivalent but not necessarily equal. The conversation highlights that logical statements can be equivalent without being equal, as seen in examples from vector spaces and mathematical structures. It emphasizes that the biconditional "<=>" cannot replace "=" since it pertains to the truth values of statements rather than numerical equality. Overall, the key takeaway is that equality and equivalence serve different purposes in mathematics and logic.