I used to have to listen to white noise just to get away from the drip-drip torture of the endless prattle - my productivity at home used to be 5x compared to working in this open Hades.
I guess you are right - a lot of interaction will never come about if it isn't fostered organically by the environment. I am saying that in my case, what was fostered organically by the environment was people that first speak what they are about to type before typing it and utter every exclamation point associated with a failed `ls` or etc. It was Hades. I have ringing in my ears from listening to loud music and noise to drown out this aural rubbish and I can assure you that this ringing is a quintillion orders of magnitude more pleasant than the cacophony foisted on to me by the fine co-workers at this establishment, courtesy of the cage free office plan. I left as soon as I could and while I miss the money/benefits, I don't miss the noise - not one little bit.
About the noise pollution...
Like decision fatique, I think we all have a stimulation budget (buffer). Most of the time, I'm fine. Until I'm not. And my budget (buffer) gets smaller as I age.
Nowadays, I'm completely content to be facing a wall, with earbuds in, so I can tune out and get some real work done.
This isn't to dispute that the benefits of an open office plan are fairly minuscule compared to the costs for most people, myself included.