Of those models that can be epxressed as fractals. Some (lots) of datatypes can't. The perfect exact mathematical solution for a cube or sphere isn't a fractal.fractal is perfect exact mathematical solution.
And if you have a massive array if Retina displays, 2,000,000 by 1,500,000 pixels say, and a source image of 1024x768, upscaling it to that display will result in low-resolution mess up close. And if you take a 2,000,000 x 1,500,000 source image and compress it, you are employing lossy methods. I dare say a fractal compression and upscale would give better results than a wavelet compression and fancy upscale, but it's still a limited solution.