Tried reading the paper [1]. I understand the authors are academics, which is why I'm surprised the paper reads like a layman's attempt at a contributing to a "theory of everything", or at best, an inquiry written by a 18th century European philosopher of science. - "identification of conceptual equivalencies among disparate phenomena were foundational to developing previous laws of nature" - what exactly is a "conce…
I don't really have an issue with any of the points you raised - why do they bother you?
The interesting stuff is the discussion about "functional information" later in the paper, which is their proposed quantitative measure for understanding the evolution of complexity (although it seems like early stages for the theory).
It's "just" a slight generalisation of the ideas of evolution but it applies to nonbiological systems and they can make quantitative predictions. If it turns out to be true then (for me) that is a pretty radical discovery.
I'm looking forward to seeing what can be demonstrated experimentally (the quanta article suggests there is some evidence now, but I haven't yet dug into it).