[Applause]
[Music]
and there's a bit of this I'm excited
it's not seeming to be and I want to
share something and these are not
building new markets in the arts they're
covered three broad topics in stock
ideas around new kinds of property
rights and the meat of it will be around
generative economies new ways to
generate and co-create work together and
the final one is a bit in the rear
detector which is seeing markets as a
medium for us so as far as such the
camera there's been a lot of amazing
stuff that's been done in the sense of
entirely positive and it's not doing
some of the things have been done so far
in space inside secondary sales which is
awesome big crowd funding mechanism
tecna's Asian decisive do a bunch of
people have written like in the spectrum
like Rob Myers intensity no he's not
from further fuel to rely difficulty
amazing things so Lewis son with
intellectual property intellectual
property as is as we understand it today
we all have this idea that whatever we
creates eventually goes into the public
domain this this is for copyright the
case eventually making us forget to do
the probably the main activism start
lobbying and then we'll say the
principal payments babies are privately
exploitable for a while and then becomes
being able to be exploited by a line in
the market now the way we design this is
that we kind of guests how people should
be with such intellectual property
because of copyright depends where our
world but maybe thinking the u.s. it's
like after you died last seventy years
or something like that say it's pretty
arbitrary think about it so there was
some new proposals with regards to asset
property ownership by lane while an area
personnel from other radical markets
that proposed different ways to property
rights was initially targeted towards
that anymore
I think it would be a party to natural
property as well which essentially
creates a market for the ability to
private exploit intellectual property
and if it's not being partly excluded
because back into the Commons and back
into the cons and this kind of property
rights is called Harbor gay rights
it's named after our harbor and though
it's not part of your rights or
hamburger rights its Hardware the rights
so this guy invented this model where it
situates as follows
once you own the property whatever it is
it's been in this case of symmetrically
you have to always specify sale price
upon which someone can buy it from that
corner but they can't choose like five
billion dollars as a price because you
have to pay tax my basic request you
sent so it means that might give you the
price goes towards a level which is fair
market fair and water pricey but the
person that owns it and any points on I
can buy from them at their posture the
person has an owner constantly
re-evaluating prices there isit so I
thought this is a really interesting
idea it's perhaps not readily available
in the current traditional world
but why not try create something like
this for digital art visual art relate
concern when I use this beautiful thing
called blockchain material to allow us
to experiment with us so I thought let's
try this out in a creative particle this
artwork is always on sale and that is
the actual artwork itself and software
referential I created it and I launched
it in march/april and there was interest
in the art work and it's so available to
be bought and it's kinda valued at
around forty thousand dollars and the
great thing about this model is that
while I started it is a like the
secondary set of model where every sale
the artwork generates really for the
artist and this is any second I earn
revenue from the fact that some of the
sizes of all the disputes will connect
so this is an interesting model and
since then other people have started
using this model in other domains such
as conservation like your own digital
writer and the money you pay gets given
to rather conservation center spotlight
and hard piece but what's interesting
about this model and why part of the
rights were created in Christmas is it
asks the question what things ought to
be owned in the comments and I think
that's very it's particularly
interesting in the case of etherium
because when you look at it here and we
often design markets for multiple
participants to enter and exit as they
wish so the question becomes what can we
build an oddity on
that is related to part in the pasta me
theorem that they're an interesting
experiments related to this I don't
think many people might remember this
experiment but it was running on a
theory but it's called the universe
explodes and it's a book it's a book
where if you have a copy of the book
there's like a few copies of the book if
you have the book here of the right to
remove some words and write some new
words in the book but you there's
there's you can only you can add less
words than you then you take out so over
time its universe explodes and the book
becomes essentially nothing so all
versions of the book essentially gets
written out of existence so people can
buy assault book so that's a good
example to me of what Commons art can be
where the theorem you can buy this all
specific versions of this book then
we'll sell things like they some maps
which is famous on the internet for
comments are everyone this isn't
available to both and in its specific
business but none of this criterion
maintenance is both such a way that the
people who co-created this could
actually learn anything from it it's
just a collective experience but with
things I cover the text to the process
only made specific sections of the
things that you could buy sell and
participate and co-creates
value together then there was also
projects in the space things like
Solaris which is creative which is
pretty fascinating I think it's so very
unexplored the validity curve creates
always together both collected universes
and we seen in almost any popular media
production
there's fanfiction so much too much
fanfiction and the press
fan fiction is part of the cabin of the
story hasn't really been done so much
but also just ability to send people
listen symbolize the co-creation of part
together and collector storytelling so I
think that's small space that's largely
unexplored the next one I might have fun
which is the meat of this talk is the
production of generative economies in
art and I think the most important thing
is we have this economic incentive
engines that we both my aetherium that
could use and we could use incentivize
people generate algorithms to make us go
find interesting part interesting
patterns exists in this you know
adjacent possible space and what's been
done so far is this people that happen
some of the sex which is funny to say
and it's the following kind of manic
spree generated its water generated and
then final one which is slowly being
done is the standardization of these
kind of generations the one of the first
ones was the protocol program us I'm
sure some of you might be familiar with
this interrupted months there were about
10,000 of these created but they were
done Randy so this has different parts
of the Mesa Cryptococcus had put
together and then it was Reese
so in this generative artwork that was
pre generated what Atlas was a similar
project by the same guys we're in a
created five 3012 generating apartments
but what they did here though was
kneelin different was that the action
the code to produce the hard work in
this one hundred bits off so if you take
the specifics even put this there is a
solidity code that will generate these
pieces apart so there's no separate file
that doesn't like it it's the
representative our group is actually all
in solidity then there is a similar
project for generative which also uses
similar thing to what Alice uses take
compositions based on a specific cache
and then there is project or Crooker
which kind of took input from craft a
case where you would have animate
characters in able to be combined and
bred into new anime characters and use
machine learning models to generate
those new versions about these anime
characters so then this case is started
combining the fact that if you have one
of these you can generate new ones
before I get to the holy grail there's
another component that's been started
which is the ability to use these
collective organizational models doubts
to basically send less people to produce
Commission artworks to be created so
given in the idea there was a doubt
chakra sorry that condoms at Osaka
experiment there's also other ones for :
Alamos also tell them she they're
several thin ones trying to talk we're
essential people who manage good and
Commission any artists anywhere in the
world to great words together and when
he's assault some of the money goes back
into the doll so people could choose
proposals to create parts together now
when you take generative economies
machine learning that Albert of the new
generation aren't provided with dolls
you get when to train the body a few
articles AI art does this is where it
gets fun
and weird
so essentially some of the first designs
this one design I made called eponymous
it's there was a prototype boat and
youth Berlin was here or essentially is
there is a a doubt that creates these
digital artworks
generally already and then pays people
to improve this algorithm so over time
you have new harbors we produce and it
would incentivize software developers to
upgrade to the uses in progress
perhaps the most interesting one needs
to be a visit production if you
integrate its Lily Lily when it comes to
clovers which is really great just these
pictures that you see we feel familiar
with is finished any games of a fellow
or reverses depending what you call it
and because there is many other vices
minion states of this game you collect
the various ones and because it
generates interesting patterns you could
find either the most sought-after ones
or the symmetrical auspices we are
humans we like patterns but what's great
about this example is that it's advises
people to run these simulations on their
computers to generate some user burdens
and it has a both an economy of a planet
where it incentivizes people
through a Dalek system using monikers so
super super great experiment and it's
also really fun I think they did a
really good job with the user experience
where they send advise people to monies
things to collect is interesting pieces
of work so this is like the start of
something great
so I'll combine everything together to
get quite interesting outcomes not when
you combine all these things together
there's no one is missing this is where
people like Jean Cogan who created
machinery for artists started buying all
this companies together and added one
final piece which is the ability to add
a philosophy of mind and arguments that
he created and its profitable Abraham
the AI is with an amazing medium pieces
that this was describes a small project
and what it is you have digital art of
the economics machine learning and
artificial intelligence and a philosophy
of mind to combining together
distinction in a quick as he describes
it which is more palatable version and
artists in the club higher versus red
philosophy of mind comes in he said the
machine learning or the the generative
algorithm is federated so it's not one
person owns the mind this artist so it's
scattered among main computers and when
hard works are generated they are good
together in by these different sets and
model keeps be improved such that over
time you have this artist great artworks
software developers is proving the
smartest is making money for the people
involved and it ends up being
- artificial artists so - extremely
extreme class today I think this is a
holy grail of ideas together where I
hope in the next five years we will see
the first fight is that that lives up
there that is salt a few million dollar
artworks that we don't quite understand
it's quite a fascinating idea so even my
existence is for me you can visit go
discuss gene comes from the machinery
world so if we're trying to get this
appears in the Crypt economic space it's
gonna get quite interesting and then the
final part which is perhaps put stranger
kind of requests one daily request but I
think it's interesting space to explore
which is looking at markets as potential
medium for just because of the fact that
in an area we constantly deal with
transaction display recall transactions
so it fits adapted Sasaki Network
recording the transaction and everything
is about finance everything you have to
do you have to pay those boys and market
an area but we rarely has markets being
seen as a part as a art medium mostly
because we tend to see it as that hit
them it's a it destroys the value of art
sometimes where they will see there's a
transaction to this experience and deeds
that use experience but I think in that
we can also create their own experiences
and what's interesting what's
interesting is that many people might
not realize this but there is a lot of
interesting things to see markets and
obviously the first one that we are
quite familiar with
analysis in our books people like these
words for these packets ascending
climbing over the head and shoulders the
various forms of like clouds that you
can turn various later it's a
terminology that you can see and people
don't you see normal technical nuts and
these things they get creative this is a
dinosaur movement which is by fighting
and then there's also just form for
using markets as protest in South Africa
there was a company that was litigated
in state capture and it when was done
the company got the visit but you could
still trade in it through life shares in
the science of the sky for yellow like
screen this company formed in South
Africa and sonic training this beautiful
continue with a company in practice for
he actually got sued because like
practical information
and then and then like this defining one
is an experiment that I did and always
thinking is like endings kind of forms
of art experiments you sometimes wonder
if it just being pretentious day but in
this case our were just interesting to
try so my question was could it
prediction market the art so it's a
prediction market itself so I create a
running over and ask the community is
this prediction market part and the
outcome would be if people say yes it
would be our who doesn't know become PR
it ran for about months not a lot of
people participated but there were
people participating in this the final
outcome was yes people the people that
participated the limits are but the
order could be any thought that this was
not a written question or getting that
question so they decided to mark it as
be better so during the question itself
is embedded like questioning that may be
asking you this is the case so now it's
just a fun experiment that I would do it
this way that is are then the final the
faulty parts is where you combine the
market process to create art one of the
interesting ones was the network of
harness creating is part during the
channel so the channel ocean is yeah the
rising the English
and they buy now price coming down in a
Dutch motion when these two meet in the
middle that's the price that someone
pays for this Marquis but what's
interesting in their experiment is the
art didn't exist before the Roses
started so during the process of the
neshamah auction
the artwork was created because this
buying all price comes not in the plan
took about two hours for the ocean to
compete and in that two hours this one
but bunch of artists together created
this artwork and when it was bought
through shared among all the artists so
which is the interesting process where
during the market process artists
actually created and then there is also
an experiment from the convergent team
which essentially created bombing
curveball ports which was a strange
experiment where you could buy a piece
of a space when it's under the line and
the bonding curve which is the price
doesn't know what
making man ISM it might be in this but I
think it's just a good example of
experimenting with ways which you can do
by part and markets and psychosis and
perhaps in through that way maybe take
control back over the narrative of
Marcus's being necessary completely
negative towards parts you know that is
that was so worried about not going over
time that I was I went across life I
think that time for like one question if
anyone is interesting to or feel like
saying that this means maybe
[Music]
DMT oh yeah I mean obviously inordinate
spirit artists all about it beforehand
inside for me it's just at the end of
the day art is just another foreign
language right so we try to convey
something in in specific form and
sometimes language does not do that so
sometimes we need to make music to say
something sometimes we need to make
means to say something sometimes we need
to write the middle finger onto metal
analysis to say something so yeah that's
that's my most minimal definition yeah
[Music]
Oh
yes sir that's part of the process like
once it's SP creative people going like
this I'm going to be the mix like
brilliant part work or it's going good
yeah I'm gonna some policy you know the
artist beforehand it's yeah it's more
like it's more like when you have this
kind of generative algorithms if you
just run in the process because it's
because you should deterministic if you
put specific input in again specifically
so in that sense the mind of the artist
is known before it it is written in
stone so to speak so in the case of
philosophy of mind is where it is
certain input it would not necessarily
know what the heart would be a toy
itself so in generative algorithms there
is no space currently where you would be
able to say that like you would know you
will not know what the outcome would be
in terms of math yeah it just off ages
mercy because it's very learning like
your office gates the process enough
there not one person in this process
one note in this process would be able
to like know what the thanks a lot in
order to look like it's only when you
bring all the pieces together that you
will see this is what was created so
it's to the venue to say philosophies
Mike but it's just like the people that
participate wouldn't necessarily know
what the this
[Music]
meet share knowledge
is this
serve this country on these topics visit
much platforms that have their
communities these kind of communities I
think would be great if there is
actually like sexual one of the shares
indices there could be I may just have
fun
[Music]
multiple there's not kinda familiar but
they might be home I've seen it
[Applause]
you