Excited to be teaching my case study at @harvardhbs on making the art market more transparent. Transparency—especially around prices in galleries and auctions—is key to solving the industry’s four biggest challenges: fraud, a lack of buyers, high transaction costs, and illiquid assets. AI can play a transformative role in navigating the market, curating opportunities, and connecting buyers with artists more efficiently. NFTs and blockchain can further increase liquidity by reducing friction in transactions. I envision an art market three times bigger, driven by new buyers and smarter tools. Working with the next generation of buyers from @harvard is invaluable in shaping ideas on how to build a more transparent and accessible market.
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Fitting outfit for these - wait for it - drawings by Basquiat. fondationlv put up a fantastic show with many works that haven't been on view for decades. Like the ones behind me. These drawings were last seen in 1990 at Robert Miller Gallery in NYC.
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Weights several pounds, costs millions of dollars: the handy Richard Serra steal sculpture in the picture.
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