The discussion centers on an unusual mathematical symbol resembling a greater-than sign over a less-than sign, which participants interpret as "is not equal to." Several possible names for this symbol are suggested, including \lessgtr, \gtrless, and others. The consensus leans towards it representing a relationship where values can be either less than or greater than, often used in specific contexts. It is noted that this symbol is rarely used, with more common practices involving separate lines for different cases. Overall, the symbol signifies a nuanced comparison rather than a straightforward equality.