(sorry, this going to be a slightly complex explanation)
A neuron fires if it receives a certain pattern of signals from the possibly hundreds of dendritic upstream connections to other neurons. It fires if a signal of its own down the axon to reach out and become the dendritic input of a downstream cell. I have no ideas if this process can be recursive with downstream dendrites reaching back to attach themselves to upstream neurons - but it's an interesting thought ;-)
Anyway, if the incoming pattern/s (the algorithm) keep the cell firing, the inhibitory neuron shuts it down (don't ask me how, but it does). This can be seen in the phenomena of 'When the novelty wears off" type. You can cause things to disappear from your sight by staring at them long enough. This would appear to be an inhibitory neuron effect. You can think of many others.
The inhibitory neuron needs to charge itself with a substance called GABA which it can otherwise run out of, and no longer be able to inhibit. This happens when you are asleep - which according to the theory may have a connection with dreaming ie your neural networks have lost their inhibitors.
Back to acid: I explain the above to show how changes in the inhibitory system can affect the way the brain works. Acid may have an effect on this system in that it would, in a way, remove the 'repression', to take away the limiter/compressor in the system and 'hear' the real loudness and dynamic of everything.
Our sense of time may come from that repression, in the same way that sand falls thru the narrow waist of an hourglass, regulating an even sense of time. Remove the regulator and time goes crazy. You can't be me, I'm taken
Other people seem unaware of it, just as, if you focus, you can have phone conversations with people and they are are unaware of any difference (my mother, for instance!). It really is a matter of trusting your good old autopilot system that also keeps you safe while driving on the motorway even if you can't remember the last 10 kms while thinking about something else. (I am talking about complete sobriety here - the normal daydreaming that we all do on a fairly empty road). You can't be me, I'm taken