The result is in the large sample limit, which is pretty much never the case for high dimensional datasets like the ones most popular for ML these days (images, audio, text). It doesn't mean what the parent thinks it means.
I.e. expose the underlying low rank of nearly any huge sparse data matrix with an SVD or NMF. Enable fast recovery with a shitty (CS-wise) hash function. Recover most of the information about an observation's neighbors in a fraction of the time taken by many other approaches.
What's popular for ML benchmarking these days is not necessarily the same as what's needed for a specific application. It's a useful proof to keep in mind before prematurely optimizing with overly complicated approaches.
Know a good reading on this?