The public sector’s disengagement from arts and culture is accelerating, particularly in Europe, driven by the breathtaking geopolitical developments of our times. The exponential impact of technology brings additional challenges to the cultural world, not least with AI unleashed with very few guardrails in the creative sector.
Thus we find ourselves at the outset of a new era, in which private actors (foundations, corporate institutions, wealthy donors) are called upon to step up their role and responsibility in supporting culture, an essential element of our societies.