I feel like modern art market is primarily a way for a subsegment of rich people to buy certain intangible goods: These are people that feel lonely, and have low self esteem... They really would like to socialize with cool and charismatic people, and the "modern art scene" is basically a very pricey matchmaking service for them to make friends and go to parties with people that fit this description (i.e. the artists)
It's also a way for rich people to involve themselves comfortably in some non-profit sector (go look at a board for a major art museum), and to become 'tastemakers.' The desire to be an influencer is very natural, and this is the easiest path for you if you've got a lot of cash to burn.
The $2M Urinal: Why Hard Work Doesn’t Cut It (2018)
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Re: The $2M Urinal: Why Hard Work Doesn’t Cut It (2018)
#62> But I do mean to say that there is no quality in art. > The simple truth is we have no way of objectively determining the value of any work of art or the performance of its maker. Ehh... Not having objective, quantitative metrics is not the same thing as having no quality what so ever. It seems very strange (and utterly wrong) to claim there is not even a smidgen of underlying truth or insight about the world found…
AFAIK there's no way of objectively determining the value of anything. Are prices of houses in SF "reflecting their inherent quality" compared to houses in other parts of US? Or is the value of t-shirt with some brand logo sticked on it "objectively determined"? No, they're not, it's all simply negotiated by market's supply and demand, and so is art. It's worth exactly as much as someone is willing to pay for it.
You can objectively determine how people subjectively value something, but value is always subjective.
Re: The $2M Urinal: Why Hard Work Doesn’t Cut It (2018)
#63> But I do mean to say that there is no quality in art. > The simple truth is we have no way of objectively determining the value of any work of art or the performance of its maker. Ehh... Not having objective, quantitative metrics is not the same thing as having no quality what so ever. It seems very strange (and utterly wrong) to claim there is not even a smidgen of underlying truth or insight about the world found…
This article is directly relevant to the tech community. It's axiomatic that technical performance is very difficult to measure. It's also axiomatic that it's not what you know, but who.
Re: The $2M Urinal: Why Hard Work Doesn’t Cut It (2018)
#64> But I do mean to say that there is no quality in art. > The simple truth is we have no way of objectively determining the value of any work of art or the performance of its maker. Ehh... Not having objective, quantitative metrics is not the same thing as having no quality what so ever. It seems very strange (and utterly wrong) to claim there is not even a smidgen of underlying truth or insight about the world found…
>Ehh... Not having objective, quantitative metrics is not the same thing as having no quality what so ever. I am shocked that in 2019 there are adults walking around with this epistemology. Every quantitative metric is an exercise in narrative. The notion of objectivity is an appealing construct in a world constructed by second hand observations, but alas, it remains just another implement in the narrative toolkit.
The unattainability of ultimate truth does not negate the partial truths we are able to grasp.
Re: The $2M Urinal: Why Hard Work Doesn’t Cut It (2018)
#65> The art world is a wonderful illustration of the First Law of Success: 'Performance drives success, but when performance can’t be measured, networks drive success.' This is a thought-provoking reframing of "it's not what you know; it's who you know."
The difference is that it's admitting that in some areas the managers/consumers can discern between good and bad, just not in every area. It's a bit closer to, "it's not what you know but who you know, when nobody else knows anything." When a non-technical manager hires his nephew to write PhP, he isn't thinking "I love my nephew so much that I am willing to sacrifice our company's technology plan to help his career,…
Re: The $2M Urinal: Why Hard Work Doesn’t Cut It (2018)
#66Earlier quoted context omitted.
What a weird and condescending take.
Why? It’s not strange to think that an old man in leveraged buyouts would be willing to spend some money to be catered to by a group of young, talented, attractive people... and if he’s rich enough or lucky enough, maybe even fuck a few of them.
Re: The $2M Urinal: Why Hard Work Doesn’t Cut It (2018)
#67Later edit: I mean, compare this Soviet painting called "The Last Letter" [3] to Pollock's "One, Number 31, 1950" (taken from the artist's wikipedia page). The first painting instantly made me feel the blood flowing through my veins, even though I had last seen it 7 or 8 years ago (when I also left a related comment here on HN), while Pollock's painting doesn't make me feel anything.
[1] http://www.allworldwars.com/Soviet%20War%20Paintings.html
[2] https://www.independent.co.uk/news/world/modern-art-was-cia-...
[3] http://www.allworldwars.com/image/008/SovietPictures065.jpg
[4] http://www.moma.org/media/W1siZiIsIjIyMzgwNSJdLFsicCIsImNvbn...
Re: The $2M Urinal: Why Hard Work Doesn’t Cut It (2018)
#68Earlier quoted context omitted.
>Ehh... Not having objective, quantitative metrics is not the same thing as having no quality what so ever. I am shocked that in 2019 there are adults walking around with this epistemology. Every quantitative metric is an exercise in narrative. The notion of objectivity is an appealing construct in a world constructed by second hand observations, but alas, it remains just another implement in the narrative toolkit.
E pur si muove.
Re: The $2M Urinal: Why Hard Work Doesn’t Cut It (2018)
#69Contemporary art is a sophisticated form of money laundering for the very rich. As it almost completely exempt from taxation, it's an ideal vehicle, relatively fungible and open to crazy speculation. The crazy financiarisation of our world made many collectible objects prices skyrocket (see old cars, art, etc). But Contemporary art is the best of all, because, contrary to ancient art or old ferraris, its supply is un…
Re: The $2M Urinal: Why Hard Work Doesn’t Cut It (2018)
#70Earlier quoted context omitted.
>Ehh... Not having objective, quantitative metrics is not the same thing as having no quality what so ever. I am shocked that in 2019 there are adults walking around with this epistemology. Every quantitative metric is an exercise in narrative. The notion of objectivity is an appealing construct in a world constructed by second hand observations, but alas, it remains just another implement in the narrative toolkit.
And now you are swinging too hard in the other direction. We can and do draw distinctions between narratives as we best we can. The unattainability of ultimate truth does not negate the partial truths we are able to grasp.