An Old Hollywood Story

Here is a gem buried in a discussion about plans for the tech giants to take over the entertainment world:

Several times in conversations with people in Hollywood, I heard the tech people referred to as “dumb money” — the sort of outsiders (in the past, they came from oil, then from finance) who parade through town looking to call the shots. One Hollywood executive who has worked often with tech companies told me: “I wouldn’t say we’ve looked at them with fear, no.”

Yeah, pretty much.