Under your broader definition of color, we've already found the three or seven or I guess nine if you want to count black/white, existing colors
Which is the point of the meme and I agree with it
all we can creatively accomplish is proving we've exhausted the range of available colors.
There is a lot we can do creatively besides creating new colors from stretch. The meme is about how the human mind is creative but this one thing it can't do.
Besides, how is your method creative? You said yourself it's pure mathematics.