It may provide that one bit of information but it could still be a net negative if it destroys current institutions (such as graduate studies) and no new institutions can be developed that provide a clear signal of who is doing meaningful work. That was a byproduct of solving open problems that are now lost. These are not my ideas, these are things that Terence Tao and others have written about that were recently on the front page of HN, e.g.:
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