The Next Wave of Collectors Is Here — And They're Buying AI Art

A generational shift is reshaping the art world, as Millennials and Gen Z embrace culture around the crossroads of AI art and NFTs.

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A great wealth transfer is underway. Over the coming decades, Boomers and older generations will pass an estimated +$84 trillion to Millennials and Gen Z.

As that capital changes hands, so too will the standards for what holds and maintains value, the digitizing implications of which we've already begun to see with crypto's growing popularity.

This dynamic is playing out in the art world, too. In 2024, younger collectors made up 25–33% of buyers at major auction houses—more than double their share from five years ago.

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David C

Written by David C

369 Articles View all      

David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.

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