The eye's retina, specifically the rods and cones, detects photon energy rather than the electric or magnetic components of electromagnetic (EM) waves. The interaction is best described in terms of photons, as the eye responds to the energy deposited by EM fields. The frequency of visible light causes these fields to change direction approximately 10^14 times per second. A discussion on the importance of using the correct terminology, such as "photoreceptor," highlights the complexity of understanding vision. Overall, the conversation emphasizes the quantum nature of light detection in the eye.