Sounds like hot air, Wolfram style. Making an intellectual smart sounding argument out of something that is well simple. Version control is version control , a hammer is a hammer. What style you choose depends on the situation, right now git is king because it works and we all understand it.. enough.
The lossy aspect mentioned in the article just sounds like you forgot to write comments or a README. simple fix
The "lossy aspect" feels like it tells me a lot more that the author doesn't know what commit messages are for.