Well, do you see the resemblance? Granted, it might be easier if you can mentally block out the tentacles and the eyes, but as a co-worker pointed out, "It even has a line down the middle."
Specifically, the new squid emoji is among the 74 character candidates currently poised to be included in Unicode 9.0, which the Unicode Consortium expects to release next summer. And since we're already here, we should also point out that there are four additional contenders for your dick-like emoji needs: a cucumber (or pickle!), a carrot, a baguette, and a peanut. You can check out the full list of the candidates here, but keep in mind the designs could change before they hit your phone's keyboard.
While it's unclear when the fresh batch of emoji will actually appear in a software update to your phone, it's certainly something to get excited about. And, as always, text responsibly.
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Tony Merevick is Cities News Editor at Thrillist and, honestly, doesn't see it, but everyone insists it's a dick. Send news tips to email@example.com and follow him on Twitter @tonymerevick.