https://www.understandingai.org/p/large-language-models-explained-with I don’t think you’re intending to be purposefully misleading, but I would recommend checking this article out because the pachinko analogy is not accurate, really. There are several layers of considerations that the model makes when analyzing context to derive meaning. How well these models do with analogies is, I think, a compelling case for the model having, if not “knowledge” of something, at least a good enough analogue to knowledge to be useful.
Training a model on the way we use language is also training the model on how we think, or at least how we express our thoughts. There’s still a ton of gaps to work on before it’s an AGI, but LLMs are on to what’s looking more and more like the right path to getting there.