Michael Lewis wrote an interesting book on this, published as an audio-book in 2018, called The Coming Storm (https://www.goodreads.com/book/show/41016100-the-coming-storm). It's well worth the listen:
In his first Audible Original feature, New York Times best-selling author and journalist Michael Lewis delivers hard-hitting research on not-so-random weather data — and how Washington plans to release it. He also digs deep into the lives of two scientists who revolutionized climate predictions, bringing warning systems to previously unimaginable levels of accuracy. One is Kathy Sullivan, a gifted scientist among the first women in space; the other, D.J. Patil, is a trickster-turned-mathematician and a political adviser.
Most urgently, Lewis's narrative reveals the potential cost of putting a price tag on information with the potential to save lives, raising questions about balancing public service with profits in an ethically-ambiguous atmosphere.
I’m not an Information Theory guy, but I am aware that, regardless of how clever one might hope to be, there is a theoretical limit on how compressed any given set of information could possibly be; and this is particularly true for the lossless compression demanded by this challenge.
Quote from the article:
The skepticism is well-founded, said Karl Martin, chief technology officer of data science company Integrate.ai. Martin's PhD thesis at the University of Toronto focused on data compression and security.
Neuralink's brainwave signals are compressible at ratios of around 2 to 1 and up to 7 to 1, he said in an email. But 200 to 1 "is far beyond what we expect to be the fundamental limit of possibility."