Why Modern Art Is So Expensive | So Expensive
Modern art is expensive. From completely white canvases to simple abstract colours, these seemingly basic works can cost you millions. So what makes their price so high and how can they possibly be worth this much money?
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Why Modern Art Is So Expensive | So Expensive
Before, I do not understand why modern art is very expensive. But after watching this, I still do not understand why modern art is so expensive.
Oddly, me too.
Yea this video tells nothing lmao
Modern art is expensive because it is one of the easiest ways to launder money.
Same
@@celesteinfantino1409 Marty Byrde moment
I have a painting to sell. Its a white canvas that wasnt even touched by paint. I call it nothingness. Starting bid is 5 million.
H B 🤣🤣🤣
☝️ 5.5 million in nothing dollars lol
@@ffrebello sorry, somebody dm'ed me 9.8million before ur bid
I must have it!!!
@@Marcel-il2te put a bid on it, or are you all talk?
To me, this is a slap in the face for every hard working, underpaid animators and comic artists.
Thank you 😭😭🙏
Don't worry, a lot of these artists don't see much of a return either. A lot of money earned by artists actually goes to art dealers and galleries.
I don't think art necessarily needs to look realistic, but it should look pleasant, interesting, beautiful, or trigger some emotion other than "bruh". It should also take skill/talent to create. Anyone can draw some lines, not anyone can create art.
Art today: yo i spent $40 on paint cans and bought this huge $80 canvas and spilled all the paint on it, now buy this for $8.5M
@@symmetry6320 it's not about the material your not selling the canvas your selling the art which took decades to master. Hope this helps
@@mr.k6728 you're telling me spilling paint over a canvas takes decades to master? This ain't art.
@@bulgslel that's your interpretation of what happened "spill paint", no art educated person would view it that way. Let me help you understand with a very simple equation: if the person has mastered art and can paint and draw like masters THEN if he decides to "throw" paint at the canvas you have to ask yourself how is his masterful knowledge of art applied in this case, why did he choose this medium, why this colour, were the strokes aggressive etc. I see alot of non- artist viewing art with this naive lense, understand that it's not just a guy that decided to throw paint but an art master that decided to experiment
@@mr.k6728 yeah but that wasn't your original point. You said that this art takes decades to master, so, logically, I thought you meant that spilling paint over a canvas takes decades to master which, in my opinion, isn't true. I was wrong about the fact that this wasn't art, because it is,since art is subjective. My problem is that these paintings sell for millions, when they look like they were made by a 3-year old in 2 minutes. Personally, when I look at these paintings, I feel barely anything at all. It is only after I look at the price tag, that makes me angry. There are hundreds, thousands of talented and hard-working artists out there that produce much better art than this and get almost nothing in return. In my opinion if anybody can make this art, it isn't worth millions and it is not a masterpiece.
Basically rich people spend millions on random art to launder their money, so they don’t have to pay taxes since it counts as a donation/charity.
Aaaand BINGO..here we have the actual answer.
Wow that's actually very true
You have the right idea my friend
This is what I was expecting."It's controlled by a bunch of rich CEO psychopaths/sociopaths." But your answer is probably very true as well. So they don't discuss this in the video then? Then I suppose I already know the answer. Moving on...back to reading, I guess.
Wait that’s how it works?
As an artist I find this.. how do I say it, sarcastically irritating.
I luckily have not reached too deep into this passion I have... after watching this video it’s like destroying something that resembles who I am... now I feel like it is pointless to understand the anatomy of the human body, the techniques of brushes, pen and pencils, etc, because all these will result in a piece “less beautiful” than what museum artists creates.
@@henrywu8500 ik it is disappointing but it is never useless, you should never give up on something you like.. no matter what others think about it.. those pieces that got sold for high prices are the best example that money doesn't truly value your art
Me too i hated it in art college .
@@henrywu8500 yeah, it made me feel the same way...
Though I can't really call myself a good artist, I enjoy drawing, from each sketch to the lineart. And I can't help but agree with you. . . I can't even fathom wth happened to modern art.
Imagine a cave man watching us from the distant past and chuckling to himself "Man I thought my paintings were bad"
Frfr bc cave man art actully tell stories
And the excuses were bullshit
🤣
This made me laugh. 🤣
@@rowanisgay I imagine cavemen reacting to your comment and say, " I was just wiping my hand on the cave wall after throwing out some camp fire ash. Didn't know my mess told a story..."🤔
I remember having spent about two weeks on a painting that would go towards me college gallery. I wasn't expecting to win anything but I was just happy it got shown. It was a very emotional piece that I spent much time and thought towards. Only for my work to not just win anything, but not even make it in the gallery. Instead this guy walked in with 50 or so paintings of simple lines and colors and he would explain his "thought process" on it. None of it made any sense, just giberish. And of course he received pats on the back and money out of it. It was extemely discouraging. Unless you have connections, money, or power, your dream as an artist will die with you.
There is truth to this, an artist's work can be promoted like a product and invested in so as to create a marketplace for investment purposes. But the artist's work has to grow over time. Don't let a college situation hold you back or make. you believe this is the total truth because it is not. Perhaps you need to find your. niche, there are art collectors out there who aren't necessarily millionaires but see the value in your work. Talk about the meaning behind your paintings, create a connection with the viewer based upon this. How to find collectors? I'm praying about this myself. I do believe in the power of prayer. However, you may not believe in that and that's okay. There is information out there that can teach you, or at least lead you to find your niche and your own collectors. All the best.
@@davidhetherman8127 imagined if you spent two weeks putting your all into something only for a scribble to win. that's not jealousy, it just feels awful.
@@davidhetherman8127ok? So he have all the right to be jealous angry and sad like why would he the one the approximately spent half-hour drawing lines to win that is absurd
@@davidhetherman8127 Ur probably just a modern "artist“...
You need to learn to sell your art. That guy knew how to sell his work, you clearly didn’t. If you want to be a working artist that has their pieces in galleries then you need to craft stories around your work, create mythology, charm curators, collectors. Simply making good art is not enough, sad but true. You’re venturing into the business side of things which is a skill set of its own. You have to sharpen your social skills and build those networks that will get you through the door.
“Art isn’t about beauty, it never really was” Italian Renaissance: Am i joke to you?
Well, Italian Renaissance wasn't exactly about beauty, you know?
Marcio Couto so Botticelli and his la Nascita di Venere, the David of Michelangelo? That actually are standard of beauty, and you can find hundreds of pieces, that are an example of astonishing beauty. Just think at the sculptures, with ripped muscles during different action like fighting, or just staring. Aren’t them beauty?
I think only a blind won’t see beauty looking at La Pietà, or Mosè.
@@gabrielefarina9103 It is not that they are not beautiful, but rather that beauty comes in all forms and shapes.
@@gabrielefarina9103 they are beautiful, obviously, but Renaissance was about much more also.
Van gogh died thinking he was never good enough with no recognition yet these people literally just splash paint on the canvas and get famous. It's honestly sad.
That's not dad thayts smartness of artists
Its just basic money laundering, most of these have no artistic value.
Worst thing is that after his death, greedy art dealers took advantage and (no offense to him; he was still unique and worthy of success during his time on earth) over-exaggerated his name, adding way more value to the art than the contents of the paintings themselves. I grow tired of artists being popular by their stories over the quality of their artwork. I don’t care if someone had a difficult life, what I care about is that their art is skillfully and well composed.
@@theleafshandsomedevil1552 A lot of van gogh’s work is well composed but I agree
I love a starry night
I went to the Chicago Art institute and stood in awe. Literal AWE looking at the paintings by Van Gogh. You can get so close that you can see every brushstroke. Then we went to the modern art side and I felt sick. Not only were the paintings pointless. But so many gave me the creeps. I got out of there as soon as I could.
The ' creep ' I felt that. I too am so sick of this modern art
@@davidhetherman8127i imagine this comment with your voice to be the stereotypical british with string quintet in e major playing in the background OR a fat american discord mod who complains about memes in general
It's the energy that people are imprinting into the artwork, intentionally or unintentionally, that can feel creepy or amazing....depending on the vibes infused🤸💫
years and years wasted in art school and we get this trash🤣 a toddler can do better
In short: the art doesn't has value, the artist has the value!
Beautifully put
this is brilliant
Present form instead of past form, change "has" to "have"
@@fangames032 🤓
PK playz if its a pice of s*it on canvas doesn't matter who made it it's still a piece of s*it
I watch this whole video but still don’t get why it’s so expensive
Because it’s a scam.
Rich people buy it so they can launder money and it can be considered as a "donation"
Same
Money laundering platform
I am just going to get a white canvas and some paint and splash it on the canvas. Apparently people would like to buy it for over a million dollars so they won’t have to pay taxes. Fine by me
My art teacher told me this quite a while ago and i still remember it until now for how great it was. "Modern art isn't about art, it's about the artist. First, you have to make yourself known and apreciated by actually making good paintings and then you can make modern art because people will buy it because it was painted by you, not because of how it looks. " Amen
Yes, this is what people are missing. They think an artist just makes one of these paintings and sells it for over a million. No they have to have a whole history of artwork.
Actually it all bullshit.
@@praytherosaryforpeace1204 yes . Same opinion. It all bullshit. They make you feel it strange so you believe it above your understanding. The truth it all bullshit. Litterally bullshit. Throw piss and shit in the wall. Wah lah... an art
Not all ways true.
Kim Kardashian's poop is still poop
I don't think random paint spills should cost this much. However, I do abstract art that is created purposefully with emotion and with the end design in mind when I begin. Now that is abstract art that should capture the heart.
Problem is art experts cant tell the difference, neither can you and therefore everything is art, and if everything is art, then nothing is art. basic logic.
Everytime i see modern art i Just sit and think of how hard I worked to learn the techniques of the masters. And how many years of dedication that took. Its so infuriating
Most of us are mad because if we do the same thing it's called trash. But if someone with a fancy name does it, it's considered art
Maybe
I'm mad because it's a front for money laundering. 150$ in materials suddenly equals 9 million?
No offense but pretty much how people idolizing Picasso's lastest art. I mean there are some of his *old* arts that definitely worth. But now.. I failed to understand the meaning behind it.
If some painter got a name called le cock sucker I'd buy a painting from him
Depends on what you look in for art. Art is communication, and the less specific a painting is (like abstract), the more meanings people can give it. Although it is true that it costs a lot of money simply because of money laundering. If you just want to see something pretty, then abstract is usually awful
I really wish I would’ve kept the masterpieces I did in kindergarten. 😔
I bet someone would be like "OMG THIS IS THE BEST ART EVEN THOUGH ITS JUST SCRIBBLES ITS WORTH 70,000,000"
yeaa i hope so too, as they say "the art represent a history in it", kindergartner literally have the most history (imagination) its a looooooot wider
A G your teacher probably kept your scribbles and she’s now a millionaire..
This comment is gold😂
@@nsr5961 stonks
As someone who paints acrylic paintings over the course of days, even looking at the modern “art” leaves me unsettled. Experimenting with colours is another thing, but selling it for this insane amount of money is absurd, because I find absolutely no way for it being worth that much. I don’t find this art, I simply find it colours slathered on a canvas. The main reason why I hate this is because the actual, real art, the detailing, the colour schemes that took actual time and effort are being overlooked because of this. For me, random brushstrokes will never be equal to a detailed work.
I think one of the biggest challenges in fighting the undeniable degeneracy of modern art is that it's really not enough to point out the laziness of the work. To really be effective in your criticism, you need to shift your focus towards modernism itself.
"degeneracy of modern art" careful what you say, that's what the Nazis said about the Modernists.
I feel bad for all the artists with actual skills and creativity being unnoticed out there
When it comes to art and business it isn't about talent or skill but more about who you know
I think they are aware you can't do it for the money.
The most wealthy living artists are called "art fabricators" they don't actually make it. The biggest art dealer in the world is called the PT Barnum of the art world.
People with actual talents and skills are plenty. Beauty is abundant and plentiful, therefore cheap. Scarcity is what costs.
C O I’m sure all the kindergarten kids could produce all these pieces of modern contemporary shits.
I used to be a modern artist back when i was 3-4 years old and eating paint and dirt
Lol
😂ik
@John Carter So true 😂😭
@@euphoricepitome66 ah yes *truer*
A little more of eating glue and booger your value will rise drastically
I'm an artist, and I'm sure their are many others artists here like me who will agree, that when we display our works we show a certain amount of pageantry in our techniques, the scale of complexity and as such becomes a culmination of something that can't simply be replicated by just throwing paint, making a cube or letting our children create havok for half an hour in a room with some paints and a canvas. For me arts about mastering the capture of a feeling and translating it on the canvas with the finesse of that expression, putting it before an intended audience and having them feel the same way by reading it as I did painting it, it's not about alienating your audience and then flaunting it's price! This is the reason why I give much of my works away for free! In protest to spite this ridiculous trend
A portrait painting still has an edge over photography, as a painting can show how you wish to be represented; a camera shows what is actually there. Telling people what they want to hear can be a valuable skill.
It actually pisses me off that there are genuinely talented artists out there but shit like this is what is people are willing to pay millions for.
idk man, my fkin mind blown up and turn into pile of turd. Why do they even call these things art what the heck, it's fkin bright paint slathered by 5 years old child wtf?
It's simply because of too many rich people either launder money through "art", or to show off or to invest their money. In other words, there are 1000s of Billionaires and 100 millions of millionaires who are willing to buy due to the above mentioned reasons or simply to climb the elite social class. Or many buyers, obviously the ones who can afford to buy anything they want worth 100s of million dollars buy it simply because they like it and can afford it. Personally, I feel most of it are a scam. If the ones auctioned for millions were on someones yardsale they wouldn't even fetch a 100 bucks!
My turd is nicer then these art work
@@Starrrwarrrs6rbluey lol
Actually this is all about billionaires paint themselves and buy it for their own paint. Garbage painting can cost 100000trillions dollars if the owner paint on it own and buy it.
Buyer: Truly a masterpiece...the artist must have thought long on this...I can feel their thoughts touching me spiritually. Artist: haha paint go sploosh
WisteriaRotting kindergarten teachers are having the top paying jobs. Just gotta sell their 5 year old students’ art for tens of millions of dollars
Don't say that.
Lol
LMFAo yeah pretty much
Eshal A Hey, we have the same name!!!
Love the part where they explained why modern art is so expensive
What I understood from the video is. if you are an artist, do a painting and people will accept it. If you are not an artist, do something on a canvas and cook up a story on your struggle in life ( every one struggle in life by the way). If your story was better that others, few will consider you as a modern artist after your death.
And they still didn't give a "valid and logical" reason why art is expensive.
money laundering that's why
there is nothing logical about art, its all about feeling
Its just a scribble
Elitism plays a role I reckon
cause it unique and unrepeatable
I am 22. I can proudly say that I am modern artist since 20 years.
Winner - Comment of the Day.
So, your name is 22 and you said that you r a modern artist 2 decades ago so now are you in your 40s?
That was clever.....
@@techwithmaadhesh6622 eat almonds bro
maybe, but can you produce the same kind of completely free creativity today? no, because the past 20 years had an influence on you.
The truth is they sell for so much because it’s an easy write off once you buy it and hold on to it while it increases in price and later on sell it to yourself for half the price of what it’s worth and then you have another tax write off since it’ll come up as you took a loss for selling it
Art can’t be recreated even by the same artist. And even if it is recreated it’s merely just another creation. All art is one of a kind❤️
I shat 3 days worth of food by holding it in. The canvas was all brown and stuff. I call it “Le merde”
Andy Warhol recreated his own art, Modern art is crap.
Abstract art is the “I’m not like the other girls” of the art world.
And there are two types of contemporary art . Jojo or money laundering .
I never seen 2 pretty best friends,,, one of them gotta be ugly
I love this comment
Abstract: Don't *call me out*
Jotaro!!!
DaVinci would have died again seeing this kind of art.
Indeed
Angelo too.
Artist does not make painting for sell But the painting has value as others want to buy
Thats 100% true
Agree
I paint for my self, i build my own frames and my home is my gallery. I dont feel like sellling or showing anything, they bring me joy. My wife loves them so they will never be sold. So with each painting my happiness grows.
i thought my comment on this topic would make me seem uncultured and uncivilised but its good to see that the comment section is filled with comments from people that have common sense !
Money laundering and people who are able to hallucinate random stories from simple daily products
you mean monet laundering...hhh
Indeed
Yes thank u
Yep well described
You can do it with non moder art too
_splashes paint on canvas_ _sells it for 100 million_ "Why would we buy this?" "It represents society and life" _sold_
*piss on canvas* "Some dumbass will definitely buy this for 1 billion dollars"
Someone could probably get stickers from a store, paint them random colors, then stick it on a canvas and have enough to retire and live a happy life
And yet hitlers art is considered a bad art.
Sounds fair to me
For me: splash paint by my self. sell it for 99 Million to myself. instant profit
The idea that we should be highly rewarded for a small amount of effort has made its way into almost every aspect of life
My theory: after what happened with hitler, art schools started accepting anything and everything in order to avoid another world war
XD
Underrated comment
intellectual
Big brain theory up there
That makes more sense than the video.
Imagine going to art school, studying and practicing hard to be the next Leonardo Da Vinci. Then imagine making a painting you put your heart and soul into it for 46 years, only to be bested by some squiggles because some dude had a heart attack and the “artist” stole it.
lil memeio LMAO
Honestly
I am an art student at Paris's beaux arts and i knw lot of teachers who lived this
Your not an artist I’m guessing.
@@Pascal5207_ boo hoo you posers who love those squiggly lines are not even artists
Art (drawing) is to deeply feel each stroke, color, and line. It depends on each perception and develops successfully according to the popularity/price of the painting.
Meanwhile There are many beautiful traditional artwork all around the world which are on the brink of disappearing. Sometimes I just don't understand people.😭
That's what happens with "liberal arts" schools and their curriculum.
So much REAL talent hidden away while people go about buying splatters of paint on canvas for millions
I don’t think they’re on the verge of disappearing? Many old styles/techniques are still very relevant! I’m pretty sure in most art schools they make you try many different techniques like both modern and traditional. There’s nothing wrong with liking different types of art as long as it doesn’t hurt anybody!
There are places in India where they will make some of the most beautiful hand woven design on a piece of cloth, but they're barely earning anything for a living and are forced to find other jobs. On the other hand, splashing paints on a piece of paper are being sold for millions.
Nah most of people are on digital they're switching now though...
What normies see: shitty art What rich people see: tax evasion
What normies see: a worthless digital coin - seems like a great idea to dump my life savings into it. What rich people see: the normies are going crazy for worthless digital coins, let's make some money off those morons.
Tax evasion and money laundering
@@kimfromnorthkorea very real
It’s not tax evasion, it’s avoiding piling taxes to begin with.
@@joeroeinski1107 ...wait, so what's tax evation?
Art is inherently a balance of colors and shapes. What makes it special is the idea and feeling it brings to the person viewing it. - To have a work of a lifetime is not an easy thing. it's sometimes a matter of luck. - It is because of such rarity that it becomes so expensive.
The truth is that most artists starve. Most of the comments say artists are scammers but 90% of them work really hard and don't get any money for their art. I'm an artist myself, I work hard and don't sell anything. Works only sell for millions after the artist is dead. So stop saying it's a scam, art don't do you any harm, on the contrary.
Is it just me or did no one say anything during this video? I didn’t hear a single explanation as to why it’s expensive
They said it’s expensive because apparently “drawing realistically” is taken by photographers, so all they do is draw “simplicity”, something a goddamn ONE YEAR OLD can accidentally draw. Art can actually be amazing if people didn’t think drawing shapes is better than drawing like a photograph.
@@henrywu8500 beeing abstract isnt bad in general. many REALLY famous artists did it but theres a big difference between a abstract van gogh wich resembles something you can actually feel and see and someone that violently hits the piece of art with a brush for no goddamn reason other than making monetas. no skills needed whatsoever. you could basically "paint" that shit beforehand and then think about ANY reason why you did it and it would still fit as its only a random piece of crap 😂. you cant see how much thought process is in there. you can say its art but to me sth you need to explain isnt art. simple as that 😂
@@peniskopf653 True that. But from what I've seen in the video, they only sell the bad ones for such uh unreasonable price. I feel like those good abstract arts just went to waste 😔👊
@@kuwachi8241 Chuck Close?
One of the reasons was "because an artist is dead", which is stupid anyway
As an artist I feel so hurt. We spend hours upon hours working on a piece, trying our level best to create a beautiful artwork that people would look at with awe and wonder, then there are these fake ass imposters who shit all over a canvas and have the audacity to call it art n say things like art isn't about beauty. Don't give me bs. People like these and the ones who buy their 2 cents worth shits are the reason why real artists are struggling today.
saaaaammmeee here
Same I just changed my minor to art. I decided to change for reasons 1. I needed an outlet to channel my strees and emotions to 2. I love hands on skills 3. I love painting sure my paintings take at least 4 to 5 hours but with each new painting I get better 4. An excuse to buy all the paints and canvases and materials I want
Art is about expression and not only about beauty - an expression of pain may not be beautiful but it is art. But, that said, modern art is mostly nonsense foisted on us for complicated, evil reasons. It is highly priced because it is used for money laundering,
Tom K I love your explanation
REALISM TAKES 1000% MORE TIME AND I WOULD KNOW! ITS JUST STUPID
Thank you kindly 🙏🏻 this is actually an original song I came up with in open G tuning , I remember it took me around 40 attempts to play it and record it without hitting the wrong string . 2 yrs later I can't seem to remember how to play it
I have really fallen in love with the contemporary art movement and work to expand on the works of the greats before me in my own art work.
The back of my notebook: finally, a worthy opponent
Me: *looks at notebook* Me to myself: so how much would people pay for a 10 second drawn penis with pubic hair?
Hmmm
Me: Looks into my baby sisters diaper while changer her, I'm a millionaire.
@@ok4297 😂😂
@@marinaaguas9219 20 mil . Going around once , going around twice.......
"Only two things are infinite, the universe and human stupidity" - Albert Einstein
"And I'm not sure about the universe"
entropy of universe and human stupidity = ♾
I love your pfp
Both are impermanent... but there are somthing infinite; when we stop being stupid we will know.
@@ilsuocavallopazzo so you realize it was a joke?
As a long time art collector. Their are two out of many reasons why modern art is very expensive. Art galleries, managers, promoters and shows work on hype, limiting and price manipulation. As an example a young artist building a buzz once their is interest the manager list the artist work as sold, “last one” and/or pending. Even if they aren’t, creating an artificial demand. Collectors react to FOMO. By using this method a piece sells for 100K, the watermark is set now all of their works raises in value and price. Second, the wealthy are willing to pay very high prices for art as an investment and also a way of avoiding taxes on the amount. As an example, I make 3 Million per year to minimize my tax burden I purchase a 2 Million dollar painting every year. Their are warehouses around the world with the 100’s of Billons of dollars in art being held that will never be seen. Now to increase the value of the work an investor loans it to a museum. The museum list it as part of the XYZ collection. Now the art provenance grows by stating “displayed at the Museum of Modern Art”. Also the value of the XYZ collection rises because of cost averaging and notoriety.
There are countless stories of ‘installation art’ being thrown out by the cleaning staff at museums who mistook it for the garbage it was. If something can’t stand on it’s own merit, without explanation as to why it should be appreciated or admired, it doesn’t deserve to be called ‘art’.
THIS
I agree. Art isn't about Beauty. It can be grotesque, terrifying, sorrowful, or grating. Art is about feeling something. And when I look at these squiggles and shapes - I feel nothing.
A round of applause to this!
Hahahaha. Exactly
How sad for you. Most of these pieces are amazing. Maybe you'd feel something if you witnessed them up close in person. Abstract art can really brighten up a room in a mysterious and wonderful way. Anybody can learn art/painting techniques over time and learn to master painting realistic portraits or realism. Abstract art on the other hand really can't be taught. It's a self taught journey an artist must go through and despite how simple and un-skilled or lack of talent you may think these abstract pieces showcase, you're wrong. It's actually very hard to produce good abstract art pieces in reality. Some really good artist make it look easy the way they splash their paint around but don't be fooled.
@@smokegasplaynintendo5767 there are different kinds of abstract. So which do you think such art belongs to?
Basically my kindergarten nephew can make my family a fortune if she splatters paint on her paper because we told her no snacks
This makes me so angry... That shitty art is being sold for millions where amazing artists I follow sell artworks for a 100$-500$
Couldn't agree more. It's also kinda sad that these millionaires and billionaires spend millions on this rubbish when there are millions around the globe starving to death.
@nostalgic ice vibe ruiner
True.ive seen people on the street drew their customer really well in under 5m and theiy are getting 50 fpr it
@heimer donger If you make an income of 100 mil from that 37% of it goes to federal taxes alone. So 37 million dollars just taken from the government. Let's say you buy an art piece from an auction house for 10 million dollars. And you store it in a free port anonymously so taxes doesnt count on your art piece. Your art piece stays in the free port for 5 years. Auction houses always keep exclusive partnerships with artists and make sure the demand for their art goes up and keep marking the price up as time goes on. You can get an appraisal for your art piece, and because its from a famous auction house and a famous artist, its worth 50 mil now. You can donate this art piece to a museum and get a tax write off of 50 million from your 37 million taxes. The other 13 million can be evenly split for the next 5 years.
@heimer donger they can evade taxes for a lot cheaper. The art is generally bad because auction houses dont really care about the product quality because the buyers dont care if it looks nice or not.
Art is not about itself but the attention we bring to it. -Marcel Duchamp
The art market is monopolized by large buyers, it makes no sense. They randomly choose the works of who they are going to promote as the star of the moment.
Feels like the secret of modern art is not the art skill itself, but the skill about how good are you at persuading people into something
It's money laundering and tax frauds.
scamming people is a form of art
That would be a con artist
Most artists dont create to make a fortune. Jeff Koons and Diamen Hirst are exceptions.
@@emperorthylord You can't launder money through art and it be the dumbest way.
I’m an artists and I do realism, and when I’m drawing realism it takes me time a precision, getting the exact colors right, and making sure all the proportions are correct. Just seeing someone splatter some paint and calling it a day kind of irritates me because artists that are struggling because people don’t find realism as fascinating as contemporary art struggle
Omg that hurts!!😢😢😢😢😢😭😭
Julius Mendoza ikr it might have thought or whatever but it takes literally no skill
Agreed
@@shom924 I can do that random splatter shit that most of the artist in the video do
Iovanska Berenice Delgadillo Villa yeah my dad does abstract but it’s kinda a mix between that and realism and he draws people and I know most people can’t do it so I hate how people just do a squiggle and call it abstract
It’s actually a way of moving money around globally. Buy a painting for 10 million here in the US ship it to a “buddy” in Russia and sell it there . No one questions shipping a painting to Russia but try shipping or transferring 10 million dollars without problems.
"I could do that" + "Yeah but you didn't" = MODERN ART
Even the way they paint makes me cringe, it's like they don't even care. Just smearing paint all over
I'd rather buy a fan art of a certain fandom cause at least they look nice than... this
Right! Even a toddler could do it who is in diapers. smearing paint all over it.
@@Shawn-md2lr lol i found some painting i did on art school when i was 6 now after 18 years. I though i'll just keep them as memory...find this video...my brain...we are rich!
thank you. I am so so careful with my strokes, I do everything with love and caution. seeing people violently rub brushes on a canvas makes me incredibly uncomfortable
Because thats how they show their expressions through how they paint
Whats sad is there are actual artist with amazing talent being overshadowed by these 10 minute "abstract" paintings
what does it mean to be a talented artist?
@@anthonyisquirky3510 you are good at art
@@anthonyisquirky3510making an actual art
@@anthonyisquirky3510 you would be interested in art and be able to feel thing when you look at a artwork
@@anthonyisquirky3510 be creative, put effort in your work, be original and most importantly be patient with your art.
"No matter what the artist intended, art is now seen as an EASY INVESTMENT by many (really the GALLERIES), and COMPANIES HAVE APPEARED TO TREAT ART PURELY AS AN ASSET FOR FINANCIAL GAIN." INSIDER BUSINESS
Its expensive because someone has to launder a large amount of money.
But why they don't pick actual good paintings to do that?
@@karlaanchondo they do buy good ones but they buy those for cheap i dont think that someone with the skill to create a real masterpiece would want to take place in money laundering schemes at the very least it would feel like an insult to the effort put into it
The good ones at track attention. These shit ones transaction is covered up. Also there are tax laws regarding art which have loopholes around them which can be exploited
@@karlaanchondo laundering requires that the actual transaction is worth less than the money being transferred.
@@BassMaestro until you're hungry. Ever heard of a starving artist?
When the woman said, 'Art was never about beauty, it never has been.' really pissed me off.
i mean, it never was. In some way yes, but artists didn’t show only beautiful things.
@@liannamkoyan9893 it was and still is. It's Not just about beauty if that's what you're saying.
@@flinbin I think what Aayan Abu Sifayet is getting at is not about beauty in the way we normally think, but how we perceive art on an emotional and visual level - that art should be about how it looks and feels, not about if it's "rare" or "valuable" which was the point of the quote from the video
@@flinbin Beauty doesn't necessarily mean actual beautiful stuff, the ugly and dark at still has to have some kind of beauty to it. Even "Saturn devouring his son" is beautiful art. So you could agree on that.
@@flinbin And don't even get me started on some of the really terrifying biblical renderings, yet beautiful, look up biblically accurate Angels.
if you dont know much about “the urinal” (originally “the fountain”) by marcel duchamp, the whole point of it was to piss everyone off. hence the name urinal. it was a store bought piece, and the only thing actually handmade was his fake signature “r. mutt.” the artist wanted to make people mad and make everyone question what even is art anymore if we can buy an everyday object and slam it in a gallery. i do think thats what a lot of these minimalist/abstract/contemporary artists are doing. of course you can put so much emotion and storytelling into a canvas with such simplicity, but you can also just be smearing paint for shits n giggles. i hope thats what some of these artists are trying to show us, show us that art nowadays is so invaluable because rich people dont have anything else better to do with their lives except spend it on the most simple piece and say it “speaks to them.” yeah arts interpretive, but arts becoming more about who can think of anything and paint it versus who can think of something creative. but of course, creativity is subjective. so we’ll never know why art IS SO EXPENSIVE.
As an artist, scamming the rich is my favorite pastime.
“It’s not easy being an artist in London” ....paints messy circle.
🤣🤣🤣
what he said is true if you are trash like him.
*Woah* that must be 5 million dollars!
He fave up and started painting with his fingers
I watched him without blinking and dude was doing what my little niece does.i didn't any artistic or smthn.like he was just going randomly
I mean like, i dont know about this kind of "art", but people need to appreciate more comics artist who literary draw and thinking about their comic story.
Ikr?? The composition that goes into comics needs to be appreciated
modern comic art is literally shit tho with a few exceptions manga art is better
@@ZoZo-fh6tq what do you mean?
@@AA-vr8ve u said that comic art and the effort that goes into it should be appreciated but most of them suck balls
@@ZoZo-fh6tq i wouldn't say that but they have to churn out piece after piece of art that tells a story
My dad is an artist, since he was a kid he went through a lot, when I say a lot I mean it. He’s a brilliant artist, he works hard to sell his artworks and participates in exhibitions and galleries..etc , that breaks my heart, I really hate it when I see him up all night and working under pressure and not be able to sell anything.
Because people that hold a high amount of wealth need to ‘clean’ their assets. In other words, money laundering for rich people.
The back of my Notebook has more personality than these.
You don't have any notebook actually.
@@marguskiis7711 don’t think you’re being cool with this shitty attitude of yours, just leave if you’re that annoyed. And stop coming at random people for no reason.
So do I. 😆
@Olivier Merheb My God! How could a peasant like me understand what you said? You must be using language of the gods. Like come on dude, seriously?
@Olivier Merheb 99% of modern artists are gonna be forgotten anyway
It MUST be some kind of money laundering scheme.. I mean 99% of 'modern art' literally looks like a child did it, and ANYONE could make something that looks either the same, or better with NO skill required whastoever.
Not 99%. WAY less.
@@O.LEO.N yeah 100%
@@madara6668 No i mean that that's not right at all.
Its a way for rich people as a tax write off
The “art” in this video is what I call “Tax art”, in which the rich use to get less taxes. REAL modern art is more about the meaning aspect of the art rather than the appearance. While you don’t have to be obligated to like it I just wanted to tell you and people reading this.
Potrait arts, Landscape arts, Sculptures like the Renaissance period arts based on various events and mythology I admire them
It seems to me that people who defend modern art claim that it is a personal expression of emotion from the artist and therefore, it has value. In 3:26, the speaker states that any person could make a black canvas, but because the artist put lots of thought into the work and had a journey to arrive to the work, the plain black canvas has value. However, you're not buying the journey or the thought, you're buying the stupid black canvas (which you could DIY at home). The journey and thought is deeply personal. It is an insult to the artist to think that one could buy that personal journey with rich people paper.
Who else found this video to be completely unconvincing?
I found this video to be entirely bs
Sam Chen Yeah its clearly so shady people can clean their dirty money
This makes me think that when I go dump, I should put it on the canvas and call it "art" and nobody should fight me over it. Poop on the canvas = Million dollar art. It has a story. Periodt.
Preaching that we are bullshitting everyone else.
Wow! So my years of practicing anatomy, shading, lighting, design, perspective, coloring and environments fundamentals are just a waste, all i need is to buy paint platter and paint random shapes on a canvas and i would be a billionaire.
You never learned it. So, just go away.
@@marguskiis7711 I bet you can’t even draw a line straight, so YOU go away :)
@@marguskiis7711 well if you are, you don’t gotta be so self-centred and think you’re the best- Cuz your attitude is def not.
@@chimkennubbets6899 everyone who has studied art never talk such a crap about art history. All the educated artists understand modern art, all the logic.
@@marguskiis7711 I’m sorry but like when did this person talk about “art history”?? They just meant to say that they learned art and it has all gone to waste cuz of the “modern art standards”
0:20 imagine if you had a daily budget of $2600 every single day of the year for 10 years that you could give away, to help anyone who needed it, anywhere in the world, with food, shelter, clothing, bills etc. You could do a lot of good with that kind of money
"mom look what I made in finger painting!" "let me see that... hello stefan? I think I've got something for you"
*sneezes* at a canvas Money launderers: I will pay 20 million!
Money launderers: (art dealers, sellers, agents etc) how much is my cut?
hobo eats paint and shits on canvas "dies" painting valued at 420 million
How exactly would someone launder money from this?
Just made my day 🤣
Dmitri Xallo two ways. One by using it as a vehicle to move mass amounts of money back and forth. Two, using losses, transfers or donations as a means of tax deductions.
I’ll give you a better title: “Why Modern Art Is So Ugly?”.
YES TRUE
Better yet “why modern art is pointless”
Yes
Because modern art is not meant to be good it is just made so rich people can save their taxes.
Is this ‘title’ supposed to be a statement or a question?
All the renaissance painter beating the shit out of picasso up there. 😂
Best wishes from blind artist in Los Angeles! I love modern art all my life))
"Art isn't about beauty." Modern art in a nutshell, ugly.
@Marcus Dietachmair yes
the whole point of art for buyers is to hang on your wall. people want beautiful things to look at, like flowers or a portrait- not a stupid black square. if you’re selling art I think it would help an awful lot to paint something beautiful
.....their complete argument is that "it's about evoking a responce". Even back in the day when religious art dominated. The purpose was not to show how beautiful jesus or the virgin Mary were but how holy they were. Them being beautiful was just a means to convey that
@Marcus Dietachmair what is a black square supposed to make you feel? Not racist maybe?
@Marcus Dietachmair well, maybe those people could set their wallpaper as a black square maybe and not spend millions? Mate grow up, it's about tax evasion
This what happens when you give every kid a gold medal.
I'd like but I'll leave it at 69 likes
LoL.. throw in some participation award and my facebook flex is complete.
Okay make art and tell me is it easy or hard
Every art has it's meaning
I cannot tolerate the child-like paintings in this vid. Art's supposed to be like what van Gogh, Rembrandt, Monet, Raphael, Michelangelo and Frida Kahlo had created.
I think the world needs to know that not all art is for aesthetic purposes only. Whether or not you understand that, it's a fact.
Moral of the story : YOU ARE AN ARTIST
It would be interesting to see an experiment done involving a modern artist’s work vs. 3 random passersby instructed to imitate said artist’s work, and see whether a room full of social elites are able to differentiate the authentic one full of “meaning”. I reckon everyone would just start bidding on the spot.
yes
*I would pay someone to make a video like this*
genius... better do this before someone beats u to it... modern artists have the mentality of 'yeah anyone CAN do this but im the one that DID'
Someone left glasses in the floor of art gallery on purpose...and many people thought it was a artist who left it... It was just some random person ..who wanted to see others reaction..
@@Jojosiwo so it Was art, and that person WAS an artist making a statement that succeded beautifully.
And that’s why local artists who actually have talent can’t sell their art 💁🏻♀️
Talent isn't a real thing, its years of work that get people where they are.
Sara Dorcic Yes and no. Someone with talent for something is naturally good at it. It doesn’t take years to recognize their talent. Others aren’t good at something and take years to be good at that thing. Throwing paint on a canvas doesn’t take talent.
@@goddessofdragons1996 Ofc it doesnt XD but i am yet to see a child that draws portraits like da vinci.. A person can have potential and show interest, but you only get better and more "perfect" as you work and improve
talent is a concept. if there's no effort, talent can't take you anywhere. talent just means a flair for something. no matter how much flair you demonstrate, you need work to produce something substantial.
@@thepriceofsalt9003 you're right talent ain't real but skills are. Skills that is full of hardwork will never betray you
Great abstract art work!! And very informative video👍👍 Thanks for wonderful sharing 🌲🌹
Paintings with a vivid image on it would someday be a history because there’s a possibility that abstract art would takeover the future.
No matter how much thought or emotion you put into it, the majority of this 'modern art' is just 5 minutes worth of splashing paint onto a canvas.
Van Gogh: Am I joke to you?
INDIGO BLUEoO woah, don’t pull Van Gogh into this, his artwork belong to Impressionism era not to the crap era
@@mingfei1622 actually it's post-impressionism, or expressionism. And yes, this movement is actually categorised as part of the modernism, and is a precursor movement to minimalism and geometric abstraction. Go check it.
That what I previously commented about is the TIME! Painting takes forever especially when your satisfied with the work
My older brother: goes to art college Also my older brother: modern art is trash
Me: is a pretty skilled artist Also me: this is bs
@gheddi i post pretty simple artwork on my yt channel since recording is painful, i have to stack a bunch of books and put my phone on them, and then wait a MILLION years to export the video on my phone. Plus Thats one of my older videos, and i can tell you, I've gotten much better at art. Im planing on editing on my pc now since Its easier.
@@ghostie7776 Yoooo, a fellow Balkan person. Šta ima?
@@thatoneguy9822 e ćao
@gheddi damn why so mean 🤣
Understanding art is the thing / either one does or doesn't because it is a labour of love 😊 accolades to the artusts😊
I remember watching a news report many years ago where they took paintings made by elementary school students and put them in art galleries. It was hilarious to watch the "experts and critics" comment on how much depth, talent, skilled, etc, the artists were.
Most skilled artist suck at modern abstract art. Children can make awesome art. There's artists like Twombly who got their inspiration from children, but added composition, color, and balance. All I see on here are people who have Dunning Kruger that don't know anything about what they're talking about.
@@jonathanmosher72 or maybe being an artist isn’t that impressive like being a scientist or other witty professions and some artists have a sunken cost fallacy.
@@su2spinors There's no record of what the OP said ever happening. You can tell someone who understand weight, composition, color, and balance, vs an average elementary school student. Most great modern artists went through college making classical art. Much of modern art is an idea of art as invention.
this dont consider as an art. such a dumb idea anyone could say this is an art worth of million dollars. such a shame to those people who work for hours days weeks and even months to finish their ART works meanwhile this kind of so called 'art' feels like elementary days and they called it "very difficult" for what? lmao everyone could do that even a 2yrsold could. glad many people wide awake to not consider those frames with dirty paints as an art. lol
@@jonathanmosher72 nobody is saying we need only classical art. But if you need to sort of make ad hominem to the audience to justify the price tag, perhaps its not innovative and more pretentious. We aren’t really angry, we are just saying meh, and perhaps a bit concerned about money laundering to evade taxes. I just personally think in today’s world where scientists or physicists have tapped into fundamentals of our very existence, is creating things that are borderline magical, a lot of continental philosophers/artist feel rather inadequate and not that innovative and that leads to these pretentious things. “Look we are also really abstract just like math people are! Praise be upon my intellect!” Comes across pretty self aggrandizing which rest of the population finds silly. Modern art isn’t abomination nor is it end of civ or something. It’s just silly insecure people doing silly things.
“Art isn’t about beauty, it never really was” Definition of art: the expression or application of human creative skill and imagination, producing works to be appreciated primarily for their beauty or emotional power. Explain this then
There it is: "emotional power", which is not the same thing as beauty. Not defending shitty paintings, just saying she's half right on this one.
Because there's only one definition of "art", sure. 🤦♀️
@S a) in Caped Baldy's definition, which I responded to, there's the expression "beauty or emotional power". The word "or" implies the validity and independence of both concepts: they are not two conditions which should be met, but two different possibilites art can explore. b) This definition of art is arbitrary, as most are, but at least the concept of "emotional power" encompasses more stuff that is commonly called art. An example would be movies like "Incendies" or "No Country for Old Man". They are incredible, gut wrenching movies. Yet they're not exactly "beautiful", but they do carry emotional power. Of course, it all depends on how you define beauty in the first place.
@@yuturtuyieie5544 I'm trying to understand how to associate what you said to the reason someone calls a plain black Square art, *and* make me want to pay for it Whether is art or not, i don't know, but if is something worth buying? In my opinion, no.
@@m234476ghhma You shouldn't buy it. To me, the likes of Malevich or Pollock are amusing, but I wound't pay millions, not even thousands for their work. The reason why these paintings are so expensive is simple: speculation and money laundering. With that said, there are plenty of contemporary artists which create really astounding art, like Theo Jansen, Ron Mueck, even Ai Wei Wei deserves a lot of merit for his crazy ideas. Is just that money is not a good metric of quality, or of its absence. My original point was just that I agree art is more than beauty, NOT that people should pay millions of dollars for lackluster works or concepts.
I wish modern artist would start going to things that are more inspired by realism like abstract realism surrealism cubism comic book art and cartoon art in some cases could even be inspired by realism
You need to sell your art to rich people, it will increase value and benefit in marketing, my friend sells his artworks and makes over 300k$ annually