If it takes days or weeks to move information, then you might as well be back at the beginning of the last century. America is by no means perfect, as witnessed by the Firestone tyre recall fiasco. Various pieces of information about defects in the tyres were available for years to Firestone, Ford, and the American road safety authority. Another commentator observed that a similar problem was caught much more quickly in the late seventies because the road safety authority had more staff on the ground. Product life cycles got shorter and shorter, as the need to get the latest gizmo on the shelves got stronger and stronger.
Information economies bring it to a next stage.
All this speed can create a big squeeze. Faster, cheaper, exerts a lot of pressure. Sure, I want cheaper tyres but not at the price of quality and safety. And if there is a fault, I want to be informed of it as quickly as possible. The Russian public is disgusted with the Russian Government, not so much because the Kursk sank, but because the truth sank with it.