Art Market Minute
How Could A.I. Transform the Art Trade?
Plus, why Andy Warhol called Donald Trump 'cheap'.
Sonia Manalili
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The art industry, known for its reticence to adopt new technology, may not be at the forefront of A.I. adoption, but there’s no doubt that the technology will change the market. Areas in which A.I. is already proving a game changer include the fields of authentication and appraisal. Meanwhile, Sotheby’s is selling its first work credited to an A.I. humanoid robot this week, which is estimated to sell for between $120,000 and $180,000.
Also in this episode, Sotheby’s completes its $1 billion deal with Abu Dhabi’s sovereign wealth fund. Plus, the Andy Warhol work that Donald Trump never paid for hits the auction block and more essential industry news brought to you by podcast host, Margaret Carrigan, executive producer, Sonia Manalili, and the editors of Artnet PRO.
For more need-to-know intel, subscribe now to The Back Room, our lively recap funneling only the week’s must-know intel into a nimble read you’ll actually enjoy delivered straight to your inbox every Friday.
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