[TeMPOraL]

The thing: market optimizes itself too. It's a dynamic system. So the real question to consider is what is market's fixed point. Or at least what's its phase portrait.

In other words - start with a perfect, transparent market with full and unbiased information available to all participants. Press the "Play" button. What happens? How soon will the market degrade itself, eschewing transparency and perfect information, because it's a more optimal point in the state space? Personally, I predict this is exactly what will happen.