Working with your definition, you've basically just described backpropagation in sufficiently deep neural nets. A feature of Artificial Neural Nets, which, as you say, probably oversimplifies brain functions.

"The underlying language within which the consciousness exists may have a very minimal grounding in some physical reality."

Your usage of physical reality is interesting. Is this the "free will is real" ala true randomness exists argument again? Hope we aren't moving backwards into the arms of religion here.