Possession of facts is not learning. What is an important skill is the ability to sift through abundant information, identify what is valid and meaningful, then use it to create meaning and express it. This is why student creation is so important in the new economy of information.
I use it to help my students differentiate between thematic ideas, which we begin to recognize early in our reading, and themes, of which there may be several and which may not be clear until later in a story or novel.
Crowdsourcing is an important information literacy skill. This is important for students because the idea of crowdsourcing will allow them to utilize personal learning networks to gain a diversity of opinions, find outside experts and use the wisdom of a network or crowd to find more thorough answers and ask better questions.