No, it really is just a couple of fancy words strung together.
Let's deconstruct it:
1) Space -- Einstein has shown that it's really Space-Time
2) Mind -- there is no real agreement on what "mind" means. Brain? Consciousness? Brain is well defined, consciousness no so.
3) Time -- the 4th dimension of space-time, right?
So "Time is the Mind of Space" deconstructs to: "the 4th dimension of space-time is <something to do with thought or thinking or consciousness> of the other three dimensions of space-time."
Let's deconstruct it:
1) Space -- Einstein has shown that it's really Space-Time 2) Mind -- there is no real agreement on what "mind" means. Brain? Consciousness? Brain is well defined, consciousness no so. 3) Time -- the 4th dimension of space-time, right?
So "Time is the Mind of Space" deconstructs to: "the 4th dimension of space-time is <something to do with thought or thinking or consciousness> of the other three dimensions of space-time."