Light, as described in the discussion, is a complex phenomenon that cannot be fully understood from the perspective of a photon, as it experiences no passage of time. While light travels at an absolute speed, its motion through space-time is relative to observers with mass, who perceive time and distance differently. The conversation touches on the philosophical implications of light's nature and the existence of time, emphasizing that time is a valid concept within the framework of relativity. The participants clarify that despite light's unique properties, time does exist and is essential for understanding motion and change. Ultimately, the discussion highlights the challenges of reconciling physics with philosophical inquiries about existence and perception.