ART CYCLES are moving faster than ever before
From “wet painting” to NFT-s: the art market is moving on faster and faster, now to the AI ART. Today, AI art – art generated by artificial intelligence – is the next big thing.
Cycles in the art are becoming shorter, as investors move quickly on the next hot things – NFTs. When you think that the NFT-s gravy train started 2021, that cycle lasted just one year, astonishing. The market of NFTs went down from $3bn in 2021 to just $350 m a year later (According to Art Basel and USB’s Art Market Report, the NFTs volume trades went however down 90% between September 2021 and September 2022)