This has been a thing forever: companies start planning to build shiny, expensive new headquarters when things are going great, and 10 years later when the thing is actually built, they’re in major financial trouble.
Applies to skyscrapers too, for the same reasons. (See also, Crown Casino.)
Sirneko on
Maybe get Ai to finish it
dreadpiratewombat on
Just imagine all the datacenters they want to build after the AI bubble pops. They won’t be able to easily repurpose any of those for other uses either.
tinypoem on
Yikes. 😬
SqareBear on
Maybe all those workers they laid off could get jobs on their construction site…
burn_after_reading90 on
The actual plan was always to lease it as a tech hub. Tbh he’s just built himself a giant phallus in the middle of Sydney’s transport hub.
I wonder if people slapping the door frame as they enter will actually be slapping his hairy dangly bits🤣
failuretosabre on
Lol
happydayzetr on
Do they actually own it or are they just anchor tenants… which means nothing this day and age.
R_W0bz on
They’ll just become your standard Sydney landlord and make someone else pay for their problems.
francis-02 on
Recent:
“Mike Cannon-Brookes’s fortune slashed by $1bn as AI rivals threaten Atlassian”
At least he has his building 🥲
ElleEmEss on
Shame they didn’t use the agile approach to building it.
Get the first 10 floors up and running, then see if they need more.
TheDevilsAdvokaat on
They’re getting ready to carry the world on their shoulders.
frezz on
Cool
tinmun on
The start-up hub in wynyard closed down a few months ago, to be moved to Tech Central.
But as you can see, there’s nothing ready there.
Wynyard hub was great, such a shame they closed it.
I don’t think tech central will be a success, the quantum terminal hasn’t delivered at all for example
Jealous-Hedgehog-734 on
The building might be the most valuable asset left on the books by the time they’ve executed their current strategy.
16 Comments
You know who will use this building?
AI agents!
This has been a thing forever: companies start planning to build shiny, expensive new headquarters when things are going great, and 10 years later when the thing is actually built, they’re in major financial trouble.
https://www.businessinsider.com/poorly-timed-headquarters-2009-11
Applies to skyscrapers too, for the same reasons. (See also, Crown Casino.)
Maybe get Ai to finish it
Just imagine all the datacenters they want to build after the AI bubble pops. They won’t be able to easily repurpose any of those for other uses either.
Yikes. 😬
Maybe all those workers they laid off could get jobs on their construction site…
The actual plan was always to lease it as a tech hub. Tbh he’s just built himself a giant phallus in the middle of Sydney’s transport hub.
I wonder if people slapping the door frame as they enter will actually be slapping his hairy dangly bits🤣
Lol
Do they actually own it or are they just anchor tenants… which means nothing this day and age.
They’ll just become your standard Sydney landlord and make someone else pay for their problems.
Recent:
“Mike Cannon-Brookes’s fortune slashed by $1bn as AI rivals threaten Atlassian”
At least he has his building 🥲
Shame they didn’t use the agile approach to building it.
Get the first 10 floors up and running, then see if they need more.
They’re getting ready to carry the world on their shoulders.
Cool
The start-up hub in wynyard closed down a few months ago, to be moved to Tech Central.
But as you can see, there’s nothing ready there.
Wynyard hub was great, such a shame they closed it.
I don’t think tech central will be a success, the quantum terminal hasn’t delivered at all for example
The building might be the most valuable asset left on the books by the time they’ve executed their current strategy.