It's so vague and general of an idea that it's almost a truism. I don't think it provides anything meaningful in regards to figuring out the actual complexity of human behavior both individually or collectively.
And I think this kind of over-generalization that is a little bit vapid has been a trend because there's simply not been a lot of theoretical progress when it comes to the functioning of the human mind.
When people use this kind of thinking to apply it to artificial intelligence I always think, why not just ditch intelligence and build a physics simulator? Clearly intelligence is somewhere in the subspace of simulating the physical world, so why bother? It doesn't add much to understanding anything in particular.