Futurism influenced many other twentieth century art movements, including Art Deco, Vorticism, Constructivism and Surrealism. Futurism as a coherent artistic movement is now regarded as extinct, having died out in the 1920s; many of the Futurists were killed in two world wars, and Futurism was, like science fiction, in part overtaken by 'the future'.

Nonetheless the ideals of futurism remain as significant components of modern Western culture; the emphasis on youth, speed, power and technology finding expression in much of modern commercial cinema and culture. Ridley Scott consciously evoked the designs of Sant'Elia in Blade Runner. Echoes of Marinetti's thought, especially his "dreamt-of metallization of the human body", are still strongly prevalent in Japanese culture, and surface in manga/anime and the works of artists such as Shinya Tsukamoto, director of the "Tetsuo" (lit. "Ironman") films. Futurism has produced several reactions, including the literary genre of cyberpunk - in which technology was often treated with ambivalence - whilst artists who came to prominence during the first flush of the Internet, such as Stelarc, Natasha Vita-More and Mariko Mori, produce work which comments on futurist ideals. Natasha Vita-More also designed Primo Posthuman as the artistic futurists' body design.

A revival of sorts of the Futurist movement began in 1988 with the creation of the Neo-Futurist style of theatre in Chicago, which utilizes Futurism's focus on speed and brevity to create a new form of immediate theatre. Currently, there are active Neo-Futurist troupes in Chicago and New York.