Northeastern University Abstract The new technologies of digitalization and the Internet threaten the market positions of artists and intermediaries.
In other w ords, everything is beau- tiful in which an idea is revealed; for to be beautiful means no more than clearly to express an idea. Because many painters at the time were doing portraits, they saw the danger of the new technology for their activity.
Some ha ve argued that the pictorial movement emerged in response to this democratization of the access to the technology. The recent emergence of digital photography has made the marginal cost of taking and viewing pictures rather trivial; despite this democratization of the technology, photography as an art form is still alive, present in large museums and taught in art departments in prestigious universities.
Before the Gutemberg press, the church had a monopoly on the stock of original writings and monks were the main artisans for reproducing these works, often by using techniques and crafts that required years of training. The Gutemberg press rendered this craftsmanship unnecessary for copying or for production of new books.
The blessing is that more opportunities for artistic creation are available. The curse is that more people have access to it. It is a curse because issues of craftsmanship tend to be less important, and a work of art may now have to be distinguished from its look alike by another dimension than craftsmanship.
That aesthetics or craftsmanship is not a necessary charac teristic of a work of art is well espoused by philosophers and artists. While economists are ill equipped to philosophize on art, they and scientists in gen- eral are also in the business of creating ideas, and transmitting these ideas to peers and the public at large.
As consumers we sit through seminars, read working papers or published papers and we hope that these activities will giv e us some insights into the message that the author wants to convey. We train students for many years hoping that one day they will be able to read and understand our papers or that they will themselves be able to contribute to the production of ideas.
There are two sorts of mistakes the concept of art gives rise to, one of which is philosophical and the other merely critical.
Consequently, in the chain of reactions accompanying the creative act, a link is missing. Hence, markets in which ideas are valued, either directly, like in research, because they cont ribute to the stock of knowledge and facilitate the production of new ideas, or indirectly, like in art, because they change our perception of the world, have two characteristics that distinguish them from other markets: Many of them are covered in this Handbook: This chapter is by necessity incomplete.
The theory of regulation did not achieve this in the 70s. Properties HI are actually reasonable assumptions for most processes of communication; language is inherently ambiguous and skilled sp e akers use rhetoric to present facts or events in a new light.
Recent exceptions are Legros and Newman, Dewatripont and Tirole And here the Internet's curse that more people use the same technology as the artists can be also a blessing because Internet may facilitate the diffusion of the knowledge needed for interpretation. Art and Internet: Blessing the Curse?∗ Patrick Legros ECARES, Université Libre de Bruxelles and CEPR February 1, “Beauty, however, in its general aspect, is the inseparable characteristic of the idea when it has become known.
Art and Internet: Blessing the Curse?
Art and Internet: Blessing the Curse?∗ Patrick Legros ECARES, Université Libre de Bruxelles and CEPR February 1, “Beauty, however, in its general aspect, is the inseparable characteristic of the idea when it has become known.
This curse of new technologies may be a blessing in disguise since it also increases the possibilities of production, of distribution and the emergence of new works of art.
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So internet has advantages as well as disadvantages and some individuals consider it as blessing and some consider it the curse. A great scholar said that each silver precious metal cloud has dark linings and everything which has positive effect it do have some negative effects as well.