The document discusses and dismisses two views of semantics: naming theory and concept theory. Naming theory, which views words as labels for objects, is shown to be unsatisfactory through several problems. It does not adequately account for parts of speech beyond nouns, words that refer to nonexistent objects, abstract concepts, ambiguous references, and vagueness in classification. Sentences cannot be directly related to things and events through naming theory either. The concept theory is also found to be problematic.