From the perspective of a programmer who's watched the industry grow from bare metal assembly to advanced languages like C# and Java, I've noticed a reoccurring pattern. Sometimes, people who can no longer find anything truly unique to capitalize on simply make shit up and throw it against the wall to see if it sticks.
Comparable to Constructor Theory, there was this idea floating around called the Vidic (Virtual Information Domain. Youtube it). This one proposed that there was a massive subspace storage system housing all meta-knowledge about everything in the universe. It's great sci-fi and maybe even coffee table philosophy. But it's terrible science.