Can 'hardware' thermalization explain memory decay?
Interesting point, but I think there is a simpler and possibly more widespread reason for the decay of memories. Namely, as new memories need to be stored in the same neural networks, the weights, timings and other properties of the network links are constantly changed. In other words, there is competition for the limited amount of memory. This re-use of the same networks for multiple functions and memories is the same reason we have redundancy in our brain - it's also largely why they are as fuzzy in remembering as they are. And since memories are recalled associatively, the more connected two networks that encode different memories, the more likely it is that activations of one will activate the other. But that also blurs the boundaries between specific bits of information stored. It's a trade-off between fidelity of the memory stored and recalled and generality of the recall and associations possible.