"Not only is California the entertainment capital of the world,"
Most of the movie production is done outside of California for tax and union evasion. And much of the TV Sitcom an other such shows start out being produced in Vancouver, Canada to save on same expenses.
" it's also the tech capital. And google just how many Fortune 500 capitals are based from California."
You will also find that those companies may keep HQ in Cali. But they expand elsewhere. Facebook built a Billion Dollar Expansion in Oregon for example. I could spend hours talking about the others.