I reject the premise that using LLMs absolutely leads to loss of institutional knowledge. It is trivial for an LLM to generate a knowledge base of any kind in any language which can answer any question about your institution at any time. How is a bunch of fragmented humans with limited knowledge who can’t all communicate with each other better than that?

Do you seriously think that "institutional knowledge" can be maintained by simply writing down a few pages on Confluence or whatever system your company uses for internal documentation?

If you're not being sarcastic, you answered your own question. LLMs can absolutely do whatever you tell them to, which rapidly leads to the creation of a dependency if you begin building upon that as an assumption.

I've, for better or for worse, jumped full-on in with LLMs, and I can already feel my abilities radically declining over time. That's fine by me, but if you're a company looking to protect your institutional advantage - just handing over everything to an LLM suddenly means anybody can do exactly what you're doing, literally. At best and this is an absolute best case scenario, you're transferring your advantage to the stewardship of another company.

I guess that all depends on how much your company revolves around Minecraft