Tag: art
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The art market is in a correction as big spenders fade
The global art market is poised for its second straight year of declines, as demand for the top trophy works wanes and a new generation of buyers favors lower-priced pieces, according to a new survey. Auction sales in the first six months at Christie’s, Sotheby’s, Phillips and Bonhams fell 26% from 2023 and 36% from the…
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AI music companies say their tools can democratize the art form. Some artists are skeptical.
Artificial intelligence-made musical creations continue to go viral, from tunes like “10 Drunk Cigarettes” to “BBL Drizzy.” But despite AI-generated music’s recent popularity, use of the technology has faced intense criticism. Universal Music Group, Sony Music Entertainment and Warner Music Group sued the AI music companies Uncharted Labs and Suno this summer over software that…