I do not run a multi-billion dollar tech company, but I look at this and feel a bit saf.
Some of the most useful stuff that has come out of google has been due to the labs, and the people who work at google are supposedly some of the people who are at the top of their game, who are now not going to benefit us with their great ideas, just work on the "more wood" approach, which just sounds like the google employees and google consumers are getting the wood.