Is compression at the basis of the universe?

At www.incrementalcompressionconjecture.com a philosophical framework is presented where incremental compression is what manifests our universe, mainly reflected by the second law of thermodynamics. Several aspects of quantum mechanics are conceptually similar to techniques used within computer science for compression. One of the biggest questions in physics is whether information is lost or not in black holes - this conjecture says that yes, contrary to consensus, it is lost.