This measurable proposition echoes one of Parkinson's Laws (for which I am indebted to @jobucks on Twitter.) which states that when companies start building monuments to themselves, their precipitous decline is just around the corner.
How is the new Apple HQ coming along, I wonder?
Perhaps this trend has been repeated through history. Perhaps that's why the phrase 'pride comes before a fall' is so well used - and often so accurate.
And then I think about Google Plus. Is it an essential reconfiguration of google's business model? Or one helluva showboat?
Time will tell.
In any event I'm going to be watching what Google, Apple, Amazon and Facebook build for themselves with renewed interest.
hah, a picture of downtown shanghai .. who may yet disprove the thesis
ReplyDeleteWell if you read the FT you will find increasing opinion that Shanghai may be very much heading into the direction due to hidden local debt being enhanced by the slowdown.
DeleteIs that a theatre in the foreground? Think I recall seeing an acrobat show in something very similar
ReplyDelete