Art World is in Existential Crisis- The AI Revolution to be Blamed?
The art world is facing an existential crisis as artificial intelligence (AI) becomes increasingly advanced and monetized by big tech giants. The release of the Artificial Intelligence Index Annual Report by Stanford University has shed light on the challenges artists and museums must navigate in this rapidly evolving landscape. With AI development being dominated and profited from by companies like Google, Microsoft, OpenAI, and Meta, how can the creative sector thrive when the tools and technologies driving innovation are controlled by a few corporate behemoths?