I mean, sure this is compression in the sense that I can send you a tiny "compressed text" and all you need is this multi-terabyte model to decompress it!
But sure, it's a constant factor, so if you compress enough data you can always ignore it.
But I do want to point out that almost everyone installs at least one multigigabyte file to decompress other files, and that is the OS.
This is just the gigascale version of that.