Earlier quoted context omitted.
And you're likely not far off. It's a pretty well tested principle that massive familial wealth usually disappears by the 3rd or 4th generation (because the descendents regress to the norm in terms of ability) and it looks like we're seeing the same at Google. They've got too little "real" work for the number of hands they need to keep busy, so unqualified people are going back and "improving" the work of the 1st and…
That doesn't line up with the fact that Google kills existing apps all the time, and look at this new Google communications platform.
They release a new chat app every year and put the previous years app on a 5 year sunset.
So you get to put a bunch of developers on the roof every year.
It's Keynes "break things to put people to work fixing them" at its finest.