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Intelligence Squared

The Futureverse: Undervalued – Is the Future of Art Female?

Intelligence Squared

Intelligence Squared

Arts, News, Society & Culture, News Commentary

4.21.1K Ratings

🗓️ 7 September 2022

⏱️ 42 minutes

🧾️ Download transcript

Summary

Sign up for Intelligence Squared Premium here: https://iq2premium.supercast.com/ for ad-free listening, bonus content, early access and much more. See below for details. Until very recently, female artists have occupied a tiny space of the art market, undervalued and ignored. There are no women in the top 0.03% of the auction market, where 41% of the profit is concentrated. Overall, 96.1% of artworks sold at auction are by male artists. The most expensive work sold by a woman artist at auction, Georgia O’Keeffe’s Jimson Weed/White Flower No. 1, sold in 2014 for $44.4 million—over four hundred million dollars less than the auction record for a male artist: Leonardo Da Vinci’s Salvator Mundi, which sold in 2017 for $450.3 million, shattering the previous record of $179.4 million for a work by Picasso. Now that’s changing. This year’s Venice Biennale was heavily skewed in favour of women for the first time ever. Historically, about 10% of artists in the main exhibition have tended to be women, rising to 30% in recent years; in 2019, the UK-based curator Ralph Rugoff’s exhibition achieved rough parity for the first time. Cecilia Alemani, curator of the 2022 Biennale, included approximately 90% female and gender non-conforming artists. Who is driving this change? And how do we continue to make sure the work of female artists is given the recognition they deserve? Join Kamal Ahmed as he explores the role of women in the contemporary art market with art historian and broadcaster Katy Hessel, art historian and founder of ArtscapesUK Rose Balston, art market specialist Bojana Popovic, entrepreneur Marine Tanguy and patron and academic Princess Alia Al-Senussi. The Futureverse is brought to you by Intelligence Squared in partnership with Y TREE. The past is in your head. The future is in your hands. For more information visit y-tree.com/futureverse The Story of Art without Men by Katy Hessel: https://www.waterstones.com/book/the-story-of-art-without-men/katy-hessel/9781529151145 Rose Balston’s ‘Old Mistresses’ lecture series: https://artscapesuk.com/old-mistresses/ … We are incredibly grateful for your support. To become an Intelligence Squared Premium subscriber, follow the link: https://iq2premium.supercast.com/ Here’s a reminder of the benefits you’ll receive as a subscriber: Ad-free listening, because we know some of you would prefer to listen without interruption One early episode per week Two bonus episodes per month A 25% discount on IQ2+, our exciting streaming service, where you can watch and take part in events live at home and enjoy watching past events on demand and without ads A 15% discount and priority access to live, in-person events in London, so you won’t miss out on tickets Our premium monthly newsletter Intelligence Squared Merch Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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I want to let you know about an event I'm hosting for Intelligent Squared on the 9th of October in London.

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I'll be talking to Michael Lewis, the renowned author of best-selling books including Moneyball, The Big Short, Flash Boys and Liars Poca.

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We're going to be discussing his most anticipated work to date.

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It's a gripping real-time narrative telling the story of Sam Bankman Fried, who became the world's youngest billionaire

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before his 30th birthday and was behind one of the most catastrophic financial meltdowns of the 21st century.

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Lewis was granted unprecedented access to his subject, allowing him to witness Bankman Fried's entire tumultuous journey.

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He'll learn all about this unconventional figure who nonchalantly wore cargo shorts and played video games while giving interviews,

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To hear the tale of an extraordinary individual and a 21st century epic,

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encompassing high-frequency trading, insane amounts of money, hubris and downfall.

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