Age of Anxiety
Held concurrently with Art Basel, the Digital Art Mile fair provoked conversations about the art world’s anxiety toward new media.
In this episode of his video series “Bear Market Diaries,” Jeffrey Alan Scudder investigates the reasons why people reject NFTs, such as intellectual property theft, energy consumption, and the commodification of data. If NFTs are going to achieve mainstream adoption, Scudder explains, their proponents need to acknowledge these problems and offer solutions.