This is very much not true, as I'm sure other HN readers will notice. The number is rational (it's equivalent to 1/120). Now, it is true that a floating point number may not be able to represent it exactly, but by no means does this number require "infinite memory." In fact I have represented the number exactly in this comment, which does not take up infinite space.
For irrational numbers, sure, they cannot be exactly represented. But there are no irrationals involved in this article.
I got hung up at this point in the article, so I haven't finished it yet, but it looks like the author goes on to argue that because numbers like the above cannot be represented in computer memory at all, errors will always accumulate in representations of audio/video. This makes me question whether the author understands the problem they are writing about.
Edit: the author does in fact state that rational numbers can be represented by a numerator and a denominator. The article is actually about errors the accumulate during floating point operations. It ends up making a decent argument despite false claims about representing numbers in memory.