The Futureverse: Undervalued Is the Future of Art Female?

Published: Sept. 7, 2022, 3 p.m.

b'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.\\nUntil 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\\u2019Keeffe\\u2019s Jimson Weed/White Flower No. 1, sold in 2014 for $44.4 million\\u2014over four hundred million dollars less than the auction record for a male artist: Leonardo Da Vinci\\u2019s Salvator Mundi, which sold in 2017 for $450.3 million, shattering the previous record of $179.4 million for a work by Picasso.\\xa0\\nNow that\\u2019s changing. This year\\u2019s 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\\u2019s exhibition achieved rough parity for the first time. Cecilia Alemani, curator of the 2022 Biennale, included approximately 90% female and gender non-conforming artists.\\xa0\\nWho 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.\\xa0\\nThe 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\\nThe Story of Art without Men by Katy Hessel:\\xa0\\nhttps://www.waterstones.com/book/the-story-of-art-without-men/katy-hessel/9781529151145\\nRose Balston\\u2019s \\u2018Old Mistresses\\u2019 lecture series:\\xa0\\nhttps://artscapesuk.com/old-mistresses/\\n\\u2026\\nWe are incredibly grateful for your support. To become an Intelligence Squared Premium subscriber, follow the link: https://iq2premium.supercast.com/\\xa0\\nHere\\u2019s a reminder of the benefits you\\u2019ll receive as a subscriber:\\n\\n\\nAd-free listening, because we know some of you would prefer to listen without interruption\\xa0\\n\\n\\nOne early episode per week\\n\\n\\nTwo bonus episodes per month\\n\\nA 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\\xa0\\n\\nA 15% discount and priority access to live, in-person events in London, so you won\\u2019t miss out on tickets\\n\\nOur premium monthly newsletter\\xa0\\n\\n\\nIntelligence Squared Merch\\n\\n\\n\\nLearn more about your ad choices. Visit podcastchoices.com/adchoices'