As the guilded age came to a close in the 1900s, railroad barons, industrialists and banking kingpins put money into the arts in order to launder their image and legacies. We see no such thing today. Why is that?
I’m an independent film producer in NYC who has previously acted in Hollywood studio films and sold screenplays. I’m also extremely online. I have found that wealthy techies, in general, have little to zero interest in investing in culture. This has been a source of frustration considering the large percentage of new money that comes from the sector.
I’m not alone in feeling this way: I have a friend who raises money for a non-profit theater in Boston, another who owns an art gallery in Manhattan, and another who recently retired at the LA Opera. All have said not to bother with anyone in tech. This has always bummed me out given that I genuinely believed with all of my heart and soul that the internet was going to usher in a new golden age of art, culture, and entertainment. (Yes, I was naive as a kid in the 00s.)
Art and culture can truly only thrive on patronage, especially in times of deep income inequality. Yet there are no Medicis in 2023. So what’s missing here? Where is the disconnect?
It’s funny you mention that, because there is one new patron in tech who is making waves in NYC: Peter Thiel. The catch is, of course, that everything he finances goes through his ideological filter. And he’s not being particularly generous either.
Thiel has put money into a series of small zines, a youth focused film festival, a small production company, a few very popular podcasts, and a feature film that just went to Cannes. None of it has made him any money because the target audience of edgy, sexy, artsy 20 somethings have rejected the technofeudalistic dogma that these works promote.
There was certainly a brief reactionary wave where young artists in LA and NYC rebelled against liberals for Covid restrictions and “corporate wokeness”, but other than the occasional use of slurs, it never materialized beyond aesthetics and all but ended when Roe V Wade was overturned.
Lol I’m sorry what, this guy really spent his money on an anti woke film festival? Has he ever even been to a film festival? The whole point is wokeness. Really curious to see what Atlas Shrugged esque films he’s financed, so I can make sure I run away from all the major plot points when they happen in real life.
Yeah, I was invited by the queer Black kid who ran it. He ODd on the last night of the fest. Grim stuff. https://www.buzzfeednews.com/article/josephbernstein/peter-thiel-anti-woke-film-festival-trevor-bazile
I kinda love that a techno feudalist is stingily trying to flip as counterculture of an art form as zines. Like the only currently running not explicitly anarchist zine I know is curated leatherdykery.