The main flaw in superintelligence arguments is to think of intelligence as an intrinsic property of an agent, like the height of a tower.
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It is not enough to represent available data in a compact form, one must also discard massive amounts of data, & pick wisely what to discard
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So cognition is compression, but a very lossy form of compression tied to a specific objective function that is not intrinsic to the data
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I take it quite seriously, even literally, actually. :) Atleast in terms of its ability to "in principle" compress.
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But it is not clear to me how to formalize this "in principle" beyond abstract computational models.
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