Imagine that reports of the mid-20th-century breakthroughs in biology had focused entirely on quantum mechanical interactions among elementary particles. Imagine that the reports neglected to discuss the structure or functions of DNA. Inheritance would not have been understood. The level of explanation would have been wrong. Quantum mechanics lacks a notion of function, and its relation to biology is too complex to replace biological understanding. To understand biology, one must think in biological terms.
Discussing psychology in neural terms makes a similar mistake. Explanations of neural phenomena are not themselves explanations of psychological phenomena. Some expect the neural level to replace the psychological level. This expectation is as naive as expecting a single cure for cancer. Science is almost never so simple. See John Cleese’s apt spoof of such reductionism.
The third thing wrong with neurobabble is that it has pernicious feedback effects on science itself. Too much immature science has received massive funding, on the assumption that it illuminates psychology. The idea that the neural can replace the psychological is the same idea that led to thinking that all psychological ills can be cured with drugs.
Correlations between localized neural activity and specific psychological phenomena are important facts. But they merely set the stage for explanation. Being purely descriptive, they explain nothing. Some correlations do aid psychological explanation. For example, identifying neural events underlying vision constrains explanations of timing in psychological processes and has helped predict psychological effects. We will understand both the correlations and the psychology, however, only through psychological explanation.