Uncompressability doesn't imply information content, for example the output of a stream cipher. I believe the digits of pi can be calculated algorithmically, no? That program is a bound on the information content of pi.
You can make a similar argument about digitizing film via sampling, rather than digitally recording the state of every atom - you're throwing away a huge amount of information. Not infinite of course, but dwarfing what it takes to accurately represent the movie. That's a philosophical curiosity, but not really relevant to the qualitative situation.
My point with 3.14 was that everybody recognizes it as a reference to pi, and it works well enough to calculate the circumference of a circle in an engineering context.
(FWIW I personally hate "Pi Day" as March 14th, as it reeks of numerology. It should probably be the day/time when the Earth has traveled around the sun its distance from the sun)