Chapter forty-seven belongs with a group of passages that are suspicious of learning, and the group is worth assembling because the objection in each is slightly different.
Chapter forty-eight draws the contrast most cleanly: in the pursuit of learning something is added every day, and in the pursuit of the way something is dropped every day. Learning is not attacked; it is characterised as accumulation, and the way is characterised as subtraction, so the two are different operations rather than rivals.
Chapter twenty opens, on some readings, with an instruction to abandon learning and be free of worry, and then shows what that costs in the most desolate passage in the book. Chapter three warns against making the people knowledgeable. Chapter sixty-five says that people are hard to govern because they know too much, and it is the chapter most often cited against the text.
Chapter forty-seven adds the epistemological objection: extension does not deepen. And chapter seventy-one adds the qualification that saves the group from being simply anti-intellectual, since it praises knowing that one does not know and calls the opposite a defect.
Read together they are not one position. Some of the passages object to accumulation as a distraction, some to knowledge as a political instrument, and at least one values a specific kind of self-knowledge very highly. What they share is a rejection of learning as a stock to be built up, and a preference for a smaller thing held clearly.
The chapters have been used to justify both intellectual modesty and the deliberate keeping of populations in ignorance, and both uses have real support in the words.