> This is totally lost on me.

Appears to be lossy then ;)

(Sorry, you have to admit that was too easy to not say)

Compression minimizes the representation of information.

Laws (scientific, philosophical etc.) as compression represent the common side of classes of events - an abstraction of said events, stripping the irrelevant - irrelevant to some perspective, or irrelevant in a potential Procuste's bed. So, laws are compression, but a so extremely lossful compression that the loss can be relevant.

Brutally, "there may be more to the story of the fall of an elderly than just gravitation" - also in the sense that there are details behind the event.

Laws are compression - yes, with caveats.

On a more scientific, epistemological side: Einstein extended Newton covering more exceptions (reducing the abstraction - reducing the loss).