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Too much information is, in some ways, as bad as too little information. There is no way to realistically take all the information out there and use it in a rapid decision making process. So, in the very long term, the invisible hand might have an effect (assuming people use the information correctly), but there will be short to medium term stickiness. If people don't use the information correctly (misinterpret it, ignore something important, use poor metric, etc...) then the old theories are really just mathematical fun.