Frankly, based on a looot of introspection and messing around with altered states of consciousness, it feels pretty on point and lines up with how I see my brain working.
But humans are a specific type of a bag of atoms, and humans do (mostly) understand what they say and do, so that's not a legitimate argument against the reducibility of "understanding" to a such a bag of atoms (or specific kind of next token prediction for LLMs).
Frankly, based on a looot of introspection and messing around with altered states of consciousness, it feels pretty on point and lines up with how I see my brain working.