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AI Art Auctions

Clean the Sky - Positive Eco Trends & Breakthroughs

Christie's Will Be the First Auction House to Sell Artwork Made by an Algorithm

— August 24, 2018 — Art & Design
The future of AI art has already been explored in a number of ways, with algorithms used to curate exhibits at prestigious museums, work in collaboration with humans on judging panels and now, Christie's is setting itself apart as the world's first auction house to sell AI art.

This autumn, Christie's will be holding an auction for 'Portrait of Edmond Belamy,' a work of art that depicts a member of the fictional Belamy family, as created by Paris-based collective Obvious. The algorithm was created by feeding the system with data from 15,000 portraits created between the 14th and 20th centuries.

With this project, Hugo Caselles-Dupré of Obvious notes, "we found that portraits provided the best way to illustrate our point, which is that algorithms are able to emulate creativity."
Trend Themes
1. AI Art - The use of artificial intelligence in creating artwork is a trend with disruptive innovation opportunities in the art industry.
2. Algorithmic Auctions - The rise of algorithmic auctions presents disruptive innovation opportunities for the auction industry, enabling the sale of AI-generated artwork.
3. Data-driven Creativity - The trend of using data-driven algorithms to create art showcases the disruptive innovation potential in combining technology and creativity.
Industry Implications
1. Art Auction - The art auction industry has an opportunity to embrace AI-generated artwork and leverage algorithmic auctions to attract a new audience.
2. Artificial Intelligence - The artificial intelligence industry can capitalize on the growing demand for AI-powered creative tools and algorithms in the art sector.
3. Creative Technology - The intersection of technology and art presents disruptive innovation opportunities for companies specializing in creative technology solutions.
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