Hiscox Art and AI Report 2024 Personal Analysis


First of all, it is very telling that the report focused on AI, highlighting the growing interest in this space. In summary, seasoned art collectors are largely a no-go market for AI-generated art. By most metrics, they did not value this art form. The real momentum lies with younger collectors, new collectors, and art enthusiasts. As the AI-generated art market matures, these groups may be the ones to carry it forward. We should also consider the “great transfer of wealth,” estimated at $70...