Having knowledge isn't the same as knowing. I can hold a stack of physics papers in my hand but that doesn't make me a physics professor.
LLMs possess and can retrieve knowledge but they don't understand it, and when people try to get them to do that it's like talking to a non-expert who has been coached to smalltalk with experts. I remember reading about a guy who did this with his wife so she could have fun when travelling to conferences with him!