Large language models (LLMs) are transforming collective intelligence across various domains such as teams, organizations, markets, and online communities. They are praised for their ability to generate a wide range of content, from poetry to technical documents, and for making new connections. John Nosta, in his article in Psychology Today, discusses how LLMs generate potential meanings which are then interpreted by humans to form concrete insights. This interaction between LLMs and human interpretation is reshaping individual and collective knowledge. Nosta introduces the concept of collapsing the 'Information Wave Function,' where knowledge becomes real through human interpretation. However, Nosta cautions against attributing metaphysical qualities to AI, emphasizing that while LLMs can be powerful tools with seductive eloquence, they should be seen as partners rather than replacements for human intelligence.