Can the "Paradigm" make any quantified predictions? Can you give an example?

You don't explain what is being emitted and absorbed. So it's both obviously true and meaningless. Of course the sun emits light, and the earth absorbs objects falling from space. But how does that determine the gravitational force between them?

Calling your idea "the ultimate" suggests that it's the final answer for science. You can't know that so it's a dishonest claim.