Human Brain Processing Speed clocked at less than 60 bits/s using Hicks Law
technologyreview.com
technologyreview.com
A very interesting read now long ago. I must read it again.
http://www.amazon.com/User-Illusion-Cutting-Consciousness-Pe...
Thing is, the throwing out part is very elaborate and takes a lot of work.
http://www.amazon.com/Intelligence-Jeff-Hawkins/dp/080507853...
(Hopefully I get this right... was pretty sleep deprived while listening to it.) In the book he describes the core part of intelligence as prediction - our brain is constantly making predictions from sensory inputs. While our brains do take in huge amounts of data, Hawkins' theory suggests that it is being operated on in massive parallelism - with different predictions happening simultaneously. Thus it isn't so much that all that data is being thrown away, as it is all being checked against known patterns from previous memories. He lays out reasoning for how intelligence, creativity, etc. are formed on top of this prediction model. It is a very interesting read.