Ideas like that are often mentioned here when related topics come up but they are almost surly totally wrong. Computing means doing something in several steps and that is - as far as we can tell - absolutely not what the universe is doing. Even if the universe did something like that it would just mean that there is another layer below evolving in a more fundamental way.<p>Many people seem pretty confused when physicist talk about things like the black hole information paradox. We think that all physical processes are reversible which means that distinct physical states will always remain distinct. If state A and state B could or would evolve into the  same state C this assumption would no longer hold because you could no longer tell whether you arrived at state C from state A or B. The laws of physics would not be time reversible.<p>And this is the sense in which physicist talk about information, the description of the state space. If you throw something into a black hole the only things that remain visible are things like the mass, the charge or the (angular) momentum but you just lost all the details about the thing you threw into the black hole which is a problem for our understanding of physics.