The discussion clarifies that the symbol ∏ represents a product operation, functioning similarly to a summation sign but for multiplication. An example illustrates this by comparing the summation of squares to the product of squares, highlighting how the product can yield a different result, especially when starting from zero. Participants also explore the concept of an "upside-down" product symbol, which leads to a discussion about the coproduct symbol used in category theory, although it is noted that this is unrelated to the product symbol. The coproduct is defined in terms of disjoint unions, which ensures that each set is distinct by mapping to different indices. Overall, the thread provides a foundational understanding of the product symbol and its mathematical context.