In the discussion about the conservation of kinetic energy and momentum during an internal explosion, participants clarify that the initial momentum is zero since the object is at rest before the explosion. They establish that while momentum is conserved, kinetic energy is not, as the explosion releases energy, resulting in a total kinetic energy of 7500 J post-explosion. The conversation includes calculations to determine the kinetic energy acquired by each piece after the explosion, with one piece having 1.5 times the mass of the other. Participants express confusion over the timing of kinetic energy and momentum conservation, but ultimately agree that momentum remains zero before the explosion and balances out after. The final kinetic energy values for the pieces are calculated to be 2000 J and 5500 J, respectively.