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Re:Christie’s sells its first AI portrait for $432k by bobthepanda on Thursday October 25, 2018 @05:01PM (#18304551)
IIRC, isn't art used as a tax dodge these days? That and a giant influx of money from countries that don't historically buy a lot of art (e.g. China)
Re:Christie’s sells its first AI portrait for $432k by rococode on Thursday October 25, 2018 @10:45PM (#18306374)
YC actually funded a company that does art investments! Arthena, YC W17. Not sure about tax stuff but it's definitely becoming popular as way to make safe investments, given that paintings by well-established (dead) artists don't tend to lose value.

https://arthena.com/

Re:Christie’s sells its first AI portrait for $432k by Pristina on Friday October 26, 2018 @01:01AM (#18306890)
You know, arts and bitcoins are alike in this way.
Re:Christie’s sells its first AI portrait for $432k by IshKebab on Thursday October 25, 2018 @05:18PM (#18304664)
How exactly would buying art work as a tax dodge?
Re:Christie’s sells its first AI portrait for $432k by wavefunction on Thursday October 25, 2018 @05:22PM (#18304694)
Re:Christie’s sells its first AI portrait for $432k by breakintheweb on Friday October 26, 2018 @03:52AM (#18307498)
I know in France, there was a "solidarity tax on wealth" which was a yearly tax on assets over 1.3million euros. Artwork was exempt from this. This changed in the end of last year and I think it's just based on real estate now.
Re:Christie’s sells its first AI portrait for $432k by MattSteelblade on Thursday October 25, 2018 @05:51PM (#18304884)
An interesting video on free ports https://www.youtube.com/watch?v=vsA_L1t4vXY