The discussion centers on the distinctions between "streamlined" and "steady" flow in fluid dynamics. "Steady" flow is defined as having no time-varying components, while "streamlined" flow suggests a lack of turbulence but lacks a precise technical definition. The terms can be context-dependent, with "steady" sometimes used to describe flows that are quasi-steady or average over time. Unsteady streamlined flow is theoretically possible, indicating low turbulence that can be ignored under certain conditions. Overall, the conversation highlights the nuanced meanings of these terms and the potential for confusion in their usage.