Read more about it here: http://en.wikipedia.org/wiki/The_Library_of_Babel
A library containing all possible books may contain all the gems of knowledge in the world, but it also contains far more nonsense: Books full of random letters that mean nothing, as well as real books with changes made to them, both unnoticeable and noticeable. Such a library, though containing all information, would not contain any information about which books contain real information and which do not. A single real book, though, while it may contain factual errors, can at least be guaranteed to contain the beliefs and assumptions of its author, which is more than you can say about the infinite library.
Look at it this way: an infinite list of strings containing all possible strings (or even a finite list of strings containing all possible strings shorter than a given length) contains less information than a program or essay that I wrote, because the infinite list gives no indication about which strings are "important", "informational" or "useful", while my one essay or program contains concise, easily-extractable information intended for a particular purpose.
One more example, just for fun: Imagine I'm a stupid bank robber who keeps all the plans for my heists and the names of my partners in one Word document on my hard drive. If the police arrest me, they have enough information to send me and my partners to jail. However, imagine that I've written a program that makes a million copies of my secret plan and changes the names and locations inside all of the copies to random values. Now, if I get caught, without knowing which document is real and which are fake, the authorities don't have any useful information.
To look at it another way, by the trivial isomorphism between any class and its complement, the library containing all possible books has just as much information as the library containing no books.
Theres many big long books that are merely churned out, or are written before an author has reached a point of completeness about the subject he's writing on. Worse, they could be written as "wines of fear" where they are written not to directly offend anyone.
On the other hand, there are a few beautiful books that are short, yet establish mental frameworks that cover all the other books. The book of five rings is touted as one.
Personal example: There's volumes of business books that all harken back to people being some mixture of evangelist, maven, or relater. Books like "the human fabric" or religious books like the "bhagavad gita" establish the same framework.
I like the implementation in his house, but it doesn't apply to business or creating things. In some ways, what he's done is created something by creating nothing - but very rarely does that occur elsewhere.
Translating it to be a bit more explicit...
The blank page starts with unlimited potential. But each word you add reduces its possibilities.
Same thing with that business idea you've had forever.
Or that beautiful person you haven't spoken with.
<sarcasm>
So maybe you should just leave them in your imagination, where they're at their best.
</sarcasm>
OR...MAYBE...
The one thing that would be even better is if you...
[1] http://www.zefrank.com/theshow/archives/2006/07/071106.html
My wife and I visited the Guggenheim a number of years ago, and came across Robert Rauschenberg's "White Paintings", which even as I am a fan of minimalism, seemed kind of silly. All the while, we decided that we would one day duplicate the paintings for our own house. If it's good enough for the Guggenheim...
A year or so later, we bought four canvases, some gesso and some white paint, and made four white paintings, and upon hanging them up, found that it actually looked really nice. We did some research on the original "White Paintings" series, and discovered that John Cage and Robert Rauschenberg were friends, and that 4'33" was "a direct response" to the White Paintings.
http://www.sfmoma.org/multimedia/audio/aop_tour_404
It was doubly cool because while I've worked in the visual arts, my wife is a composer. These seemingly silly paintings have come with us to our new house, and hang in the living room, and I'm quite fond of them, even though they required fairly minimal effort for my wife and I to create. Hooray for minimalism!
"Happiness is only realized when it is shared." Communicating ideas without a few wrecked canvases never works.
As far as i know, most artists continuously start with blank canvases. The "wrecked" ones are the ones everyone buys to help the artist eat.