In some ways, of course, I agree, but as some other commenters have pointed out, this is essentially a "deepfake" of yourself...in principle there's no restriction on what one could use as their "avatar." As much was demonstrated in the "Different Output Styles" slide.

So I'd have a hard time saying this is not dramatically less "real" than some lossy compression technique. Is there some way to formalize "realness?" Maybe it would be inversely proportional to the hardness of manipulating the medium as a user..?