* Not every app is full screen (especially not a weather widget.)
* Very few people actually have a 4K display. 1080p and 1440p cover over 75% of users already.
* You do not allocate a separate buffer for the main content and the parallax, applying a different transform does not need a dedicated buffer, just something the size of your asset. It can be a 640x480 upscaled asset for all you care.
* You also don't allocate a dedicated buffer for text rendering/hinting. Your text rendering engine keeps a texture atlas in a buffer which is eventually maaaaaybe reach a 4k texture if you display a TON of various glyphs, realistically they won't. DirectWrite will also share this atlas with other executables unless you explicitly ask for isolation.
* On windows, you write to DWM, which keeps a single buffet for all your windows. Every window does not pay that memory price. I'm pretty sure most compositors do something similar.