Joe,

Innovation pace increases but knowledge accumulates, providing opportunities to decipher the meaninful info out of the noise. "Faster innovation" does not mean "infobesity".

Lack of time in learning is the result of a culture and an organization.
Culture. It's not uncommon on my side of the world to find people who believe that knowledge is a stock rather a flow and that graduating from college is good enough for the rest of their lives.
Organization. Reingeenering has supposedly empowered operational people by eliminating hierarchies. One has overlooked that operational folks have been paid too long to follow a defined process rather than questioning it and learning to make it better.