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I am still trying to wrap my head around this, but the parallels with functional programming are striking.
This reminds me of something I never understood fully: Penrose's tensor notation.
I am guessing these diagrams are taken from Electrical Engineering and not Quantum Physics.

The blog looks like an expansion of their paper http://arxiv.org/abs/1403.7048v3

Yes! That's where I have seen these diagrams before. They are Hopf algebras, which appear both in Electrical Engineering and Theoretical Physics.