In this episode of Design Alchemy, hosts Billy and Dimi discuss the topic of design thinking and its place in the design industry. Dimi expresses his skepticism towards design thinking, calling it a vague framework that falls under the category of secular religions. Billy, on the other hand, defends design thinking and explains its five-stage process of empathizing, defining, ideating, prototyping, and testing. The hosts also touch on the role of top-down design in industries such as fashion and the importance of understanding the needs of users in UX and UI design. Tune in to this thought-provoking episode to gain insights into the world of design and its various approaches.