The Future of Austin: Google’s Eric “Uncle Sugar” Schmidt Hosts Burning Man for the 1%

Why settle for a festival when you can buy an entire city?

A red Ferrari with the top down swerved past on the winding dirt road, heading to what looked like a small Mars encampment. Helicopters landed on the side of the road and greeters darted across. At a farmers’ market with overflowing baskets full of raspberries, watermelons, and focaccia, I asked for a mango, and the farmer started cutting it in half for me: “That’ll be $7.”

This weekend, outside Las Vegas, a group of Burning Man veterans put on a festival called Further Future, now in its second year. Across 49 acres of Native American land over three days, with around 5,000 attendees, the event was the epitome of a new trend of so-called “transformational festivals” that are drawing technologists for what’s billed as a mix of fun and education. While tickets started at $350, many attendees opted for upgrades to fully staffed accommodation and fine dining.

‘Burning Man for the 1%’: the desert party for the tech elite, with Eric Schmidt in a top hat