In this article we will define the beloved as well as the hated art system, analyzing its key players and, most importantly, finding out why it is so influential. Summary: Digitization has inevitably involved the art sector as well, forcing...
There is no single notion of A.I. Stanford University, in their “Artificial Intelligence and life in 2030” report (2016), defines it as a science and a set of computational technologies that are inspired by the ways people use their nervous systems and bodies to sense, learn, reason and take action.
It is common knowledge that most of the circulating artworks are actually fakes. A recent example is the exhibition of the Leghorn artist Modigliani at Palazzo Ducale in Genoa, consisting almost entirely of non-authentic works. To avoid risks, all art collectors (whether occasional buyers or simple enthusiasts) should follow a few basic rules.
This first transfer is frequently formalised in a written and signed contract of sale of a work of art between the artist and the buyer (often brokered by a gallery owner or some other agent of the artist). However, the formal requirements of a written contract are not always respected. This is especially the case with transfers taking place at different levels of the market.