improved data collection will likely transform into faster decision cycles. By way of analogy, when radar was introduced into commercial shipping, it was for the intent of improving safety so that ships could avoid collisions when visibility was poor. The actual impact was that ships increased their speed, and accident rates stayed constant. On the decision front, we expect to find the same thing. Planning cycles will be expedited, and the plans will be made with the same level of uncertainty as there was before.
This sounds similar olr relates to the economic effect of efficiencies increasing demand. There was some example with steel production, I think, where new efficiency was predicted to lower the price but it increased the demand which again increased thhe price, or something.
