It's quite old but I felt it was still spot on: let's not try to think we can fix this by regulating the amount of information upstream. It's the filtering downstream that needs to evolve.
All the current attempts at building efficient Curation mechanism are following this approach.
As Clay puts it: "We've had information overload in some form or another since the 1500's (he dates it to Gutenberg and print). What's changing is that the filters we've been using for most of the past 500 years stopped to work".
Time to innovate !