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

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 podcastchoices.com/adchoices