Sorry, but this characterization is plain wrong. The experts on EE got VIP treatment when I was there, and they were getting good consulting work as a result of their answers.
EE also had teams working on improving the question/answer experience long before SO came around. I'd agree that SO is better now, but to say "no value added" is applying a blanket statement that isn't true.
EE's business model ended up losing out in the long term, but that's all that really happened. The characterizations and generalizations made about EE are pretty silly when you take a hard look at it.