Ben Clark
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- Milken Institute1h 5m
Investing for Immortality
Ben Clark, Elizabeth Gustilo, Drue Kataoka, Pearl Lam, Helen Lee Warren
A panel of industry leaders analyzed the surge in Asian wealth since 2014, which has elevated the region's collector base to surpass Western counterparts while driving a shift toward Western "blue chip" acquisitions and private museum expansion. The discussion highlighted a dual evolution in the ecosystem, where second-generation collectors prioritize provenance and direct patronage models alongside the integration of AI, blockchain, and virtual reality to redefine authentication and access. Ultimately, experts emphasized the necessity of balancing traditional institutional roles with digital innovation to ensure market resilience and the long-term "immortality" of artworks within a rapidly changing technological landscape.