It could be argued that such things happen in academics too.
But this is not the same, famed people established themselves at Microsoft and AT&T. There wasn't this sort of hiring of celebrity. Someone of Kurzweil's stature could be doing his own research and simply hired on as a board member.
There are plenty of widely known people at Google, but seemingly in spite of Google rather than because of. Maybe that's a consequence of 20% time too. But if people's reputations are staked in things other than the company, the company seems to borrow more reputation than it makes.