The document discusses various perspectives on what constitutes art and factors that influence the value of art, including physicality, ideas, context, rarity, and how the internet has affected notions of rarity. It also references economic principles of supply and demand that influence price. The document advocates creating one's own artistic context and conversation to imbue their work with value and longevity.
6. Value of Art One sold for âŹ124,000 in 2007 One for ÂŁ97,250 in 2008 Container for an idea What is your shit worth? Context is king
7. Picasso There are literally thousands of shitty Picasso's in the world Not all new, important, evolved ideas Picasso had over 50,000 works when he died
9. Rarity Something you can't have when you want it. Limited or no Future Supply Accuracy of reproduction not certain Limited Edition Supply Demand Price
10. Andy Warhol âquitâ painting in 1965 to manage the Velvet Underground Artificial Rarity Supply Demand Price
11. Art Value Time Rarity Uniqueness Context Logically the artist should commit suicide to ensure rarity of the work
12. The Web Content is king What can I... Do, learn, play, buy? Who can I... Email, talk with, connect to?
13. Rarity and the Internet Ideas are for free Using ideas costs money (licensing) Pay to access Time = Rare
14. Perception of rarity makes us buy stuff Learning from UX Amazon, eBay, many buying sites use inventory counters Rarity can be created by design Only 2 left in stock! Buy NOW! Ending Soon!
15. Learning from F&F Kunst Schule Value of art tied to the current conversation My art is undefined in this context Zurich Art Scene ?
16. Can I create the context? Designed rarity Make good art Art is timeless
17. Create my own conversation Life is limited Art is life
20. Art Death Psychology Voyeurism = the internet can watch Rarity = unique supply diminished Time limit = lost buying opportunity Self-destruction = Fight Club 00:00 $470 (min $500)