Silicon Valley’s plutocrats are shaking up culture in the region

Save time by listening to our audio articles as you multitaskThe uprooting also symbolises the disruption for which the home of the technology industry is famous. The museum itself marks a break with the past. Local artists and performers have long complained that the tech industry does little to support them. Now, for the first time, Silicon Valley’s plutocrats are underwriting a new cultural institution in their own backyard.

An obvious reason is that “there are a million things” the wealthy can choose to support, says David Hornik, a venture capitalist who, with his wife Pamela, invested in the new museum. On a planet that is “flooding and burning, there are lots of alternatives to the arts that are drawing people’s dollars”. Tech tycoons have poured billions into global issues such as poverty and education; locally, Marc Benioff of Salesforce and Mark Zuckerberg have built hospitals.

The article offers little to support the premise of the tweet. If today, to “forge civic progress and make the city a better place” is the expected ROI on art, that’s no different than what 19th Century moguls sought with their gifts.

How about using their smarts and dollars to address mental illness, addition and homelessness? Seems more pressing, especially in California.

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