What is the Future of AI art?
The field of AI art is one that is exciting and is developing quickly. Artificial intelligence (AI) is used to create or influence a variety of artistic mediums, including music, literature, performance, and visual art.
One possibility for the future of AI art is that it will become more and more ingrained in the artistic process, with creators using AI tools to come up with concepts, design, and even complete works of art. With AI algorithms that can adapt to individual preferences and produce custom artworks on demand, AI art could also be used to create personalised art experiences.
Another possibility is that human and AI artists will collaborate more to produce new types of art that neither could independently produce. This might result in the development of fresh artistic forms and aesthetics that are specifically suited to AI's capabilities.
Now let's see how it could impact the NFT Market. Most artists are scared that AI could replace them, which may or maynot be the case
What would be the impact of AI art on NFTS?
By giving the market a new source of content, AI art may impact NFTs in a big way.
Currently, many NFTs are produced using conventional art techniques, like digital paintings or illustrations, but AI art has the potential to expand the range of products that are currently made available as NFTs but bringing in new concepts, forms or styles of work
AI Art tools such as MidJourney have stormed the AI Art market and a lot of people of the app are using the paid version of it to sell the AI art generated commercially, as NFTs.
The amount of time consumed using AI art is also very less as compared to an artist doing it manually.
To use MidJourney AI Art tool, one must join their discord and post that give the algorithm prompts so that it can generate NFTs using that text input.
Some NFT artists have taken a stance against such tech while others are using it to create art instead.
The way NFT art is valued and collected may change as a result of AI.
In the past individual, one-of-a-kind works of art NFTs made by hand were more appealing to some collectors but now things are changing and there are a fair bit of AI art collectors out there that are paying top dollar for it.
Overall, the impact of AI art on NFTs is likely to be significant and multifaceted, and it will be interesting to see how the market evolves in response to the introduction of this new form of art.