Google is getting too big, for the reasons Wade Roush mentions.
But also - and this applies not just to Google, but to the small number of big-money megacorps that now dominate Silicon Valley:
- The oligopsony on tech labor, especially given the non-poaching agreement, keeps wages down.
- It also, in combination with the high cost of living and the large amount of non-cash compensation, limits workers' mobility, keeping talent away from innovative and risky self-funded ventures.
- The rapid growth of massively-funded, big-spending companies is quickly transforming the local habitat, as low-rent properties are aggressively bulldozed to make way for megacorp campuses and expensive high-density housing for their serfs. The new megacorp buildings are only usable by megacorps, not by little startups.
- Factor in the Sand Hill Road venture-capital crowd with its $10 million quantum of funding, and trying to launch a venture, here where the talent is, without massive backing and its attendant filtering, becomes nigh impossible.
- And then there's politics: regardless of the individual politics of the executives, the big-money corps throw lots of money at the current ruling party, because that's where the power is. In a high-tax, extreme-regulation state, buying influence is mandatory, and the influx of money from the megacorps reinforces this.
So, yeah. Google is too big, and the big money cartel that now runs this area is vastly too big. Silicon Valley has been broken since the mid-1990s, and is now being aggressively cannibalized into a vast shiny new metropolis where dreams go to die.