I think you're drawing an inappropriate conclusion.
Imagine someone offered you a million dollars per contiguous accurate word you produce in a continuation of some text they randomly drew from the internet. You were allowed to have a team of experts help you and have a month to construct your best response (but not to go look up the text itself).
If the text they gave you was some weird non-sequitur thing are you going to make your continuation an earnest reply? No. People don't usually write that way. Instead, you might decide that the source material was a children's story or a joke site and continue in kind. You want the millions of dollars, after all.
So when prompted with some "natural reasoning" question without any other context-- involving a farcical situation with a bathing suit and a court appearance of course you are going to continue it with a story about wearing a bathing suit to court. Because, duh.
This is the task GPT3 is accomplishing. But instead of merely being incentivized by millions of dollars, GPT3 was built from the ground up to exist for only this purpose and it does it reasonably well.
Would we assume that you didn't understand the world, didn't have a concept of 'making sense', or were only capable of madlibs because when asked to accurately continue text from the internet and prompted with a bit of narrative about a bathing suit and a court you recognized the genre? No, we would not. Quite the opposite.
As far as I can tell GPT3 understands the world better than some MIT Technology Review writers and HN posters.