Isn't it essentially a source for both of those things?
If all the sources dry up then LLM 'facts' will be time constrained.
That's the idea, yes. Kill all primary sources, wound all secondary sources (examples: WaPo or "Grokipedia"), convince everyone that they should use this tertiary source whose full control is in the hands of a very few.
It being a technology that inherently has plausible deniability when it for example starts referring to itself as Mecha-Hitler is a feature, not a bug!
It aggregates many public sources, so much of it is findable, but not all.
Which means resources like real encyclopaedias will again become financially viable.