How Art Firms Are—or Should Be—Using A.I. Right Now
An Artnet News article by Jo Lawson-Tancred reports that galleries and auction houses are cautiously experimenting with A.I. after the 2022 NFT bust, with most art-market use cases still limited and specialized tools still emerging. It notes that LiveArt began publicly offering A.I.-powered art-market analytics in 2022, aimed primarily at new investors rather than established collectors. In March, Bonhams announced a partnership with the tech company ARTDAI to explore A.I. applications for specialists, including identifying market patterns, supporting valuation, and improving access to insights, according to Bonhams CEO Seth Johnson. Former Art Basel chief Marc Spiegler argued in an Art Market Minds Academy course that A.I. could put high-performance technology within reach of smaller art businesses over the next five years, citing firms such as ARTDAI and the newly merged Artsy and Artnet.
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This story was covered in A.I. Anxiety and the Gallery Goodbye Tour