The discussion clarifies the concept of "magnitude of order," explaining that it refers to the exponent in scientific notation, which indicates the order of magnitude. Examples like 9.10645x10^5 and 6.5x10^-5 illustrate how numbers can be categorized by their powers of ten. It is noted that numbers such as 1,253,000 and 7,552,215, while different, fall within the same order of magnitude, which is millions or 10^6. Participants express surprise that this concept wasn't covered in their lessons. Understanding the order of magnitude simplifies comparing large numbers effectively.