[rramadass]

>If you can delegate your decision making to the lowest possible level, this will make the average decision slightly worse, but because you can make each decision much faster you can still come out ahead overall

This is insightful. Each node in the chain is a self-correcting loop. The trick is to make sure that information is sent up the chain more rapidly so that each node can use it to act on its own within the broader objective. Note that "information loss" is a function of both the number of nodes in the chain and time.