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The speaker critiques the use of the term "branding" in relation to identity, arguing that it overemphasizes the importance of identity. They suggest that many people falsely equate branding with a higher value, while true branding encompasses copyright, strategy, positioning, product development, user experience, and customer service design. The distinction between identity design and branding is highlighted, with a call to recognize that many successful companies focus solely on identity design. The speaker challenges the notion that brand identity is valuable in itself, stating it may only provide superficial confidence. They encourage honest discussion about these concepts and their implications.