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The Storm Hits the Art Market

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Re: The Storm Hits the Art Market

#161

Post by wbnns »

dreamcompiler wrote: post #81
gonzobonzo wrote: post #66

Earlier quoted context omitted.

I remember IBM making huge claims about using the blockchain for supply chain management. For instance[1]: > A recent pilot by KPMG, Merck, Walmart and IBM using blockchain injects new trust into the system by reducing the time it takes to trace prescription drugs from 16 weeks to just two seconds. It was impressive how many people uncritically took these claims as facts. [1] https://www.ibm.com/solutions/blockchain-…

A blockchain is the world's slowest database. The idea that a blockchain could speed up anything is laughable.

> A blockchain is the world's slowest database.

It's dependent on how performant the underlying protocol is, not all blockchains are the same.

Re: The Storm Hits the Art Market

#162

Post by mkl »

fluoridation wrote: post #84
dublinben wrote: post #67

Earlier quoted context omitted.

What do you think the market is for this kind of digital art? Do you see this style of work attracting an audience elsewhere? How much is it selling for? I'm far from an expert, but I do occasionally buy original artwork. The sheer multitude of works you are displaying (more than one a day!) devalues what you are doing. It suggests that these can be churned out with relatively little effort. If you are really posting…

I didn't want to criticize, but since you've already opened the door: these are interesting to me as sheer sensory stimulation, but the problem that might dissuade a lot of people is that there's no structure to most of the pieces (save for the ones that are based on distorting an existing image). Without structure there's no narrative, and no reason for someone to become interested in any given piece beyond, as I sa…

They're not just algorithmic. There's a lot of manual effort in each image: https://thecodist.com/my-art-and-color-after-tiling/, https://thecodist.com/why-i-use-swift-to-make-generative-art...

> In my process, generation is supplemented by many manual processes, including image manipulation, digital painting, and occasionally even AI

Re: The Storm Hits the Art Market

#163

Post by Guestmodinfo »

coldcode wrote: post #38

I make an unusual kind of art, but I haven't tried selling it, as you need a stable of interested people, and I can only post it in one place at the moment (a Facebook interest group on tiling, Instagram is overrun with AI, you can't start a new profile without lots of existing supporters). I've considered opening a gallery in my local area just to sell my art (5 million people in the metro, and barely a real commerc…

Can you please let us see your art and enjoy it

Re: The Storm Hits the Art Market

#164

Post by pkdpic »

> Each case is different, but many voice the same laments: Overheads are killing businesses. Sales are down. It’s no longer fun. Primary pricing is untenable. Major collectors have stopped buying art or significantly reduced their spending. The next generation isn’t there to take over from the old guard. The art world has become bloated, and there isn’t an easy way to cure the malaise.

> “I don’t believe for one second that it’s cyclical,” Belgian collector and art market commentator Alain Servais told me. “It’s structural. The infrastructure is too big. There are too many advisors, too many galleries, too many artists, too many fairs. Everything will need to downsize. In my blunt opinion, blood will flow in the streets before the art market finds a new balance.”

Super exciting to imagine what new structures and ways of making and sharing art might arise in the aftermath of this system. It seems like in a lot of ways the gallery / collector relationship is still running essentially the same way that was established in the 1870s.

Re: The Storm Hits the Art Market

#165

Post by anal_reactor »

jandrewrogers wrote: post #52

The art world is just fine. Pretentious art speculation maybe not so much. In a way, we are actually in a golden age. I lurk on social media accounts of amateur art enthusiasts around the globe with (IMHO) good taste who seek out interesting little known artists and post it on their feeds. I am introduced to so much great art that I probably would have never known about otherwise. If I see something I like, I search…

I never understood those ridiculous prices for artworks that look like poop. "Here's a few random splashes of yellow paint on red background, €300 000 please". I used to think that maybe I'm just too stupid to understand the truly fine art, but no, it's all just speculation and dick measuring contest for people with too much money.

I just finished decorating my living room. Majority are prints of pictures that I found on the internet and then pushed through an AI upscaler, which means the costs are equal to the printing service and they look amazing. Two pieces have been commissioned, and total cost of both of them with printing is below a thousand. Just recently I saw a beautiful painting in a gallery and it cost me a thousand. Art doesn't need to be expensive to be beautiful.

Re: The Storm Hits the Art Market

#166

Post by khazhoux »

nine_k wrote: post #146
khazhoux wrote: post #127

Earlier quoted context omitted.

Of course it's a conflict. Every war is a conflict.

Roman Empire, or Genghis Khan, or Nazi Germany did not have a "conflict" with neighbors, some kind of quarrel that can end in a compromise. They had a desire to conquer, subdue, and consume the neighbors. There could be no resolution beside a complete capitulation and becoming annexed. Russia is currently acting in this mode. There can be no "resolution", only a devastating military defeat of one of the sides.

Why are you trying to redefine a word? My most low-effort refutal is simply to consult Webster’s Dictionary:

https://www.merriam-webster.com/dictionary/conflict

> Definition #1: : Fight, battle, war

So, having proved my point, I’ll note that (1) this war could certainly end in compromise, and (2) even a devastating military defeat would be a resolution.

And I’ll appreciate not being called an invasion-sympathizer when I’m only pointing out that using the word “conflict” is not a political statement.

Re: The Storm Hits the Art Market

#167

Post by neuralkoi »

jandrewrogers wrote: post #52

The art world is just fine. Pretentious art speculation maybe not so much. In a way, we are actually in a golden age. I lurk on social media accounts of amateur art enthusiasts around the globe with (IMHO) good taste who seek out interesting little known artists and post it on their feeds. I am introduced to so much great art that I probably would have never known about otherwise. If I see something I like, I search…

Roughly a twentieth of all humans who have ever lived were born in just the past 50 years. I agree some of the best painters ever might actually be alive right now.

I've attended local art festivals (i.e. Atlanta Dogwood Festival) where I've bought some incredible prints and paintings in the hundred dollar range which are subjectively more beautiful compared to some of the stuff I've seen in the High Museum of Art in downtown Atlanta. For example:

https://www.instagram.com/alejandro_munoz_art

https://www.instagram.com/marirosafineart

https://www.instagram.com/s.carterscreations

https://www.instagram.com/shealeyartworks

https://www.instagram.com/salazarartes

http://bryanyung.com/ (no instagram)

Artists are the most interesting people you can ever talk to.

Re: The Storm Hits the Art Market

#168

Post by impostervt »

jordanb wrote: post #24

The best evidence that art was going to crash is when Masterworks ads were everywhere. You know the bubble is stretched to its limit when they start hawking it to retail. "I've got an exciting bag-holding opportunity that you don't want to miss."

You can buy shares on their secondary market pretty cheaply right now.

Re: The Storm Hits the Art Market

#169

Post by ttoinou »

woodruffw wrote: post #11
ttoinou wrote: post #4

Isn’t the money being invested in crypto instead? Rich people might prefer others better ways to protect their assets than the current art market

I think it’s a decade too late for that to be the dominating factor.

Well now it’s mainstream and safe. It wasn’t 10 years ago

Re: The Storm Hits the Art Market

#170

Post by AbstractH24 »

jordanb wrote: post #24

The best evidence that art was going to crash is when Masterworks ads were everywhere. You know the bubble is stretched to its limit when they start hawking it to retail. "I've got an exciting bag-holding opportunity that you don't want to miss."

Was exactly my thought when reading this
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