This particular example can be misinterpreted though. It's true that no single person knows how to make that exact pencil that he is holding. But it's not true that no single individual exists who can make a pencil by themselves. If the criteria is just that it works as a pencil, then many people could make or find something that fills that criteria.
This is an important distinction because there are things like microprocessors, which no single person knows how to make. But also: no single person could alone build something that has anywhere near the same capability. It's conceivable that a civilization could forget how to do something like that because it requires so many people with non-overlapping knowledge to create anything close. We aren't going to forget how to make pencils because it is such a simple problem, that many individuals are capable of figuring out workable solutions alone.