E-Memory and Human Nature

The less of our brain we must use for data storage, the more we can utilize it for problem solving and creative thinking algorithms. What happens when you can instantly know what everyone else know? What will the hive mind be like?

However, it seems that at some point, if you didn't have enough factual knowledge stored in your head, that you could not fully utilize your creative capacity. Creative thoughts, in my opinion, seem to emerge from the application of one fact or memory or learned principle to another, in order to create new ideas. Perhaps there is an optimal balance between recallable data and creativity.