You might have heard that we are in the midst of a trillion-dollar transfer of wealth—the largest in history—allegedly to a group that is no longer interested in collecting art like their parents. Additionally, you’d have to have had your head deeply buried in the heavenly Hamptons sands to have missed the incessant reports that we are mired in an ongoing contemporary art recession and that we’ve faced wave after wave of well-publicized gallery closures. And I haven’t even gotten to the fact that AI is going to decimate our livelihoods and forever scorch creativity forever and a day (or two). And guess what? Through all the unprecedented upheaval and disruption, artists keep making art, galleries keep popping up worldwide to display it, and, miraculously, new buyers are appearing to buy it. So it goes, like it always has.
–Kenny Schachter