I don’t see why finding underlying structure in what we expect to be pure noise has to mean our reality is a simulation. I guess it could be consistent with that, but couldn’t it also be consistent with some previously undiscovered physics, much like the development of quantum mechanics?

It’s not a falsifiable hypothesis. It makes so many implicit assumptions it’s scarcely worth talking about.

It’s fake smart and not interesting.

Of course, that’s exactly the kind of thing a simulation would type!