Solomonoff Induction is uncomputable, and implementing it will not be possible even in principle. It should be understood as an ideal which you should try to approximate, rather than something you can ever implement.

Solomonoff Induction is just bayesian epistemology with a prior determined by information theoretic complexity. As an imperfect agent trying to approximate it, you will get most of your value from simply grokking Bayesian epistemology. After you've done that, you may want to spend some time thinking about the philosophy of science of setting priors based on information theoretic complexity.