If I'm not mistaken some gaming physics engines work this way too, am I mistaken? Something akin to avoiding calculating the details of a voxel until it is observed by the gamer?
I’ve always encoded it thus:
“All matter is information, all information is functional, and perception is therefore the lazy evaluation of the universe.”
In the Greg Egan edition of this thesis, the speed of light emerges as a property of evaluative propagation through a functional universe, and new forms of consciousness are encountered living within the algebraic structure of the cosmos.