I agree with CSflim, what you're discussing in the first part appears to be quantum entanglement, with an interesting explanation... No analogy is required to compare it to a hologram, as its basically the same thing, with everything as waves. This is really unclearly written, because it's nearly 4 am. Bleh.
Anyway... I'd agree that the idea that a holographic universe implies subjectivism seems to be, at the least, incompletely developed, and somewhat questionable. Nonetheless, without the subjectivism, it is an interesting theory.
Just a random association my tired mind has thrown up, would this complete divisibility into innumerable wholes correlate at all with the universe apparently being the same at every point?
As to the scientific american article, that's different... It's talking about the universe being 2 dimensional and appearing 3d, not quantum wave phenomena. I though it was a bit flawed anyway, as it works from the entropy of a black hole, a very special case, and then extrapolates to the entire universe... may be the biggest generalisation I've seen published in a scientific magazine. But then, SciAm has been known to popularize concepts a little, so maybe they didn't do the idea justice... someone else here could explain it, if they know why it works?
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