The discussion centers on the differences between gravity waves and density perturbations, emphasizing that gravity waves are related to space-time curvature while density perturbations involve matter and radiation density changes. Before re-entering the horizon, these perturbations are largely "frozen" due to rapid expansion, meaning they do not oscillate significantly. Once the universe's expansion slows, normal matter interacts with these perturbations, leading to density fluctuations. The conversation also touches on the behavior of acoustic waves during the radiation era and their relationship to perturbations re-entering the horizon, suggesting that these waves evolve but do not oscillate until re-entry. Ultimately, the interaction between photons and baryons in potential wells occurs when density perturbations re-enter the horizon, influencing the formation of structures in the universe.