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Just adding to this ...
If this theory is true, then
we don't have a self per se (as new programs are being added and so there is no core identity)
rebirth is the new and improved version of the software
order or dharma in this world is the result of careful, meticulous programming
chaos (like disease, earthquakes) is introduced now and then like a virus or malware to the system. Results in bulk delete. Explains dukkha.
Evolution - biological and other types - can be seen as successive software updates based on trial and error. Explains anitta.
All this fits in well with Buddhism.
Except that it sort of posits a programmer/designer doesn't it?
It's programmers all the way down.
I see four possible ways of viewing Universal Consciousness that miss the mark.
That there is a Universal Consciousness and you believe in it.
That there is a Universal Consciousness and you don't believe in it.
That there is not a Universal Consciousness and you don't believe there is.
That there is not a Universal Consciousness and you do believe there is.
All of these are only views and are all wrong. Believing that they are all wrong is just a view too and not it.
Eh, I guess views are the raft. So maybe ignore me and carry on.