Category: technology
-
Images generated by AI are now everywhere as people produce seemingly-high-quality artwork with just a few text prompts, be it for social media, company logos or picture books. As AI hits art forms such as illustration, there are international artists looking beyond the relationship between AI and their artistic practice, far more interested in the…
-
Back in 2021, during the heyday of NFT hype and the second year of the pandemic, there was an increased appetite for all things related to the digital art market. This was epitomised by the US$1 billion valuation of Masterworks in October that year. Founded in 2017, Masterworks is a financial investment platform that purchases…
-
Back in 2020, social media replaced art fairs as the third most successful means for galleries to sell art, moving up from sixth place in 2019, primarily due to the pandemic. This was reported by Artsy Gallery Insights 2021 Report. Yet, there were already tell-tale signs of the shift towards online appetites as far back…
-
Figures reveal increasing gains in renumeration, sales, and employment opportunities at the art market’s high end. Will this worsen workforce issues brought on by accelerated technology? During the pandemic, as the art world drew to a grinding halt, there was an attempt, however short-lived, to face the myriad employment issues plaguing one of the most…
-
At the end of the first pandemic year, American futurist at the helm of Dubai Future Foundation, Noah Raford, told CNN that video games are the future and would likely become as large, or even larger than the physical economy, thanks in part to the economy that takes place within the games. “Video games are…
Art Industry Insights With Reena Devi 