The discussion centers on understanding the phase difference between two points, O and P, in a wave graph. It emphasizes that the displacement of point P should not be represented as Asin(wt + 2pi/(x)) because P lags behind O in time. An analogy of corks floating on ocean waves illustrates that while O is falling, P will follow after a certain time delay. The conversation also touches on the convention of defining positive and negative displacement directions, clarifying that the motion is described as A.sin(ωt). Ultimately, the key takeaway is that any motion of O is mirrored by P after a time delay, regardless of the wave's instantaneous behavior.