we come to germany. and got my license to work as a swimming instructor. and our 2 children under the auspice revised. what's your story take part share it on in full my grinstein. these days art is big business this piece of canvas for example went 432-8000 euros and that's nothing out of the ordinary in fact prices can easy to go into the millions as will discover later in this show the state of the art is this week's topic here on made in germany few art and design movements of the modern era

have left such an impression as germany's bauhaus the group has been in france and designers and architects for 100 years now the bows motto was form follows function they create as practical pieces clean crisp lines and some of these classics are bestsellers to this day. some ideas trigger a revolution. machine age lead to a whole new world a new tempo way of seeing. some revolutionary ideas just keep on giving. the title it's never too late for timeless good design and some are still bestsellers a century after they were 1st launched. wolf a design of a chair needs to conform to the nature of sitting.

perfecting the chair has made this man's company successful. who found a german home furnishings company tacked on says furniture is more than just a series of functional objects it's a symbol between art and craftsmanship. but when you need to grasp the nature of the task involved the nature of the material the design and the function and to grasp it in such a way that you're able to bring out the internal image of the structure so that it speaks for itself for. me where. it sounds complicated but it's actually all about simplicity modern furniture should be adapted to suit people and not the other way around it involves reducing everything to essentials in other words form follows function. house for losses.

in around 1900 many homes in europe would have looked like this bulky cupboards and chairs and pretty crowded. the bow house designers wanted to break with that tradition and they were radical. their furniture designs were simple with clear shapes and daring combinations of materials. much of our modern fine. today stems from these ideas. it's going bauhaus of our house 1st wanted to get an unobstructed up to date view about what it means to live somewhere what are all the functions the chair for example before stop expected when and what about structure lots of the load bearing elements how can you play with and rearrange things and break away from what we're used to. even put a human investment vincent. entrepreneur is a work with bauhaus designers such as marcel briar and peter keller as well as that

user who could bag the assistant of least one there or. he's now handed over management of the tech to a furniture company to his nephew. it's one of only a handful of companies worldwide permitted to reproduce original bauhaus furniture it has a license for about 30 designs. all the furniture here is produced by hand as a carpentry workshop and upholstery and a metalworking shop the company focuses on making small numbers of luxury products bauhaus has become an exclusive brand behind us we do we need these workshops here on site because then we can work closely with those creation the product we want to be involved in the details and we think it's very important to see art and craftsmanship as one unit. having artists who also work as craftsmen was a revolutionary concept a 100 years ago but the powerhouse designers and students experimented freely with

fabrics metals wood and ceramics the result was prototypes that could then go into industrial production. luxury products made for the view was not the original goal of powerhouse its aim was to make products for the masses but powerhouse furniture never made it into cereal production interview. jewel design comes at a price. the principle of maximum freedom to innovate still applies today and no matter how unusual about house chair looks it still sells this one by gropius costs 2000 euros and this one my broiler costs 3000. different way of developing furniture building from scratch based on a strong idea it's a totally different approach to designing a product for the markers that's the cheapest possible to make and has wide appeal we totally believe in what we're doing of the.

house pioneered the use of steel pipes for home furniture in the early 20th century steel was a material reserved for industry until muscle broyard built the 1st cantilever chair it remains one of the best known powerhouse chairs to this day instead of standing on 4 legs the supporting framework gives it the effect of being suspended in mid-air. furniture designer torn it says the cantilever chair counts for around one 3rd of its sales $175.00 employees produce the chairs by hand you can pay over $600.00 euro's for this classic design which has become something of a legend in itself. and that one must outliers idea to use the humble bars of his bicycle to make furniture was quite an avant garde approach. and really it was about accentuating the industrial nature of the design.

but the company isn't content with just reproducing powerhouse designs it also sells its own furniture. here too the designs are kept simple without embellishments thinking willing many people's lives are already complicated enough . 'd this pile has had authors who what it's going to focus on the essentials the bauhaus also. sort to bring in a sense of order and calm. and i thought perhaps an inspiration that we can take on for our modern day and age. through art and design and architecture in the wildest sense you try to provide a little calm right from the complexities and fast pace of life. and. how do we want to live how do we want to work what makes us feel good these are the questions that the bauhaus designers and architects sought to answer a century ago and many of the answers they found are still relevant today.

but if you spend tens of thousands of your hard earned cash on a painting or sculpture by a rebound artist what you really want to know is this is it real or is it legitimately acquired by the seller theft and forgery are enduring problems in this high stakes but some experts claim a 3rd of all works for sale right now. worldwide art sales amounted to 60000000000 euros last year. the biggest market was the united states followed by china britain and france the largest single group of purchasers are young collectors in asia it's estimated however that a 3rd of the works for sale on the global art market are fakes one famous living former art forger is the german vols going back tucky he spent more than 3 decades creating new old masters causing losses to others of between 20 and 50000000 euros

interpol says art theft is very big business. the value of work stolen is estimated at almost $2000000000.00 euros a year. almost half the artworks on the market are sold in galleries 30 percent of fairs and just 2 percent of the option. kristi's was the auction house with the highest sales last year at 6000000000 euros . well into the 1980s options of the major houses were society if. people dressed up to attend. in the 99 to 3 month bidding became common with staff manning a bank of telephones. if around 2000 online options emerged with bidders manning their mouse at home. last october the art

world suffered a huge shock when a girl with balloon by the street artist banksy self destructed just as the final hammer fell confirming the selling price of 1200000 euros. banksy had built a shredder into the frame. banksy renamed the house shredded painting love has it in the bin. but then something a very unintentional happened lovers in the bin actually went up in value after it was shredded machines an artificial intelligence like in many other industries are putting their stamp on the world even in music listen to this. as the beatles writes. in actual fact this song was created by an algorithm so from computers make meaningful art or does true art require a human soul behind what happens when artificial intelligence paper is adopted and

doesn't sell. people or machines more creative ai breaking into the art business and it's turning everything on its head. from the music is an algorithm it's a program that serves to generate variations on my art the way that i do the chords . coming sheens be creative and if so how. the painter roman lipski works with data scientist florian dorman he's written a program phillips that analyzes the way he paints the colors and the composition and then creates new picture is based on all that information. it started with this picture since then the style has become progressively more

abstract the news has so far generated several 100000 pictures. bit asserts that picture is ultimately a matrix of number of signals so one can imagine that the muse is actually a very clever number generator that could get a term in the color values of images in such a way that something new and exciting has created this noise and still. heart of the music there's a pre-trained neural network that can recognize all kinds of objects in a picture it was actually originally developed to distinguish cats from dogs. out of bed and so i can buy a few years ago researchers discovered that such a pre-training neural network can be used to extract certain features such as brightness colors shapes and even style from images. always wanted to paint abstract pictures but it wasn't until he started creating

works with the computer program that he really succeeded. what the computer came up with proved to be a source of inspiration. for you. i mean a kind of dialogue with a muse. and we influence each other to digital images inspire me to evolve. i see the music only as a tool that will never replace me. or maybe it will alter fishel intelligence comes up with amazing results will algorithms soon rival human out it's. bad times 5 it's laden doesn't need a computer he creates busts of people who interest him unknown individuals and celebrities politicians activists all entrepreneurs.

for the sculptor every last detail is important. to us 15 secrets of the constellation is what really matters the volumes have to be arranged in such a way that intensities emerge through the curves the way something pushes up against something else yielding for example a depression here to. each bust needs to reflect the subjects true character. on the ship there are of course different approaches to artificial intelligence things could go in a number of directions i can imagine that something will eventually come of it that works i just don't see what the advantage would be. try is laden spends many hours sometimes days with his living subjects working from photos a computer might be able to create busts that resemble their subjects but for this

artist the human contact is crucial to this kid it's always about. spontaneity intuition and experience what i've looked at in the history of art and who did what and how and what did they achieve these are the resources i call it on it's you and then there are spontaneous decision of surfaces emerge that can be determined in advance. and over for he. is spontaneity indeed sensual to human creativity. more and more works created with the help of computers showing up in art galleries as well as works to focus on this subject of digital technology and collectives of paying high prices for them based ai generated portrayed it was sold at christie's for more than $430000.00 a formula has replaced the signature. and this rembrandt

isn't the rembrandt it too is the work of a computer some pioneering artists are busy putting the pot into a lot of fictional intelligence and you know what it might lead. well call me old fashioned but i think real art needs a real human artist and they really don't need the competition from computers they have a hard enough time as it is many of them can hardly on a living with their work among our artist in japan typically less than $1000000.00 yen a year according to the country's illustrators association that might sound like a lot but it's just a quarter of the japanese average wage and it's a similar situation for ordinary writers in the united states someone who writes full time and about $20000.00 less than half the average yearly for americans and that's not much different for many of germany's freelance actors 14000 euros that's

about 40 percent of the average income over here so the really big money in the arts is made elsewhere namely in the big auction houses we met someone who has a pretty good idea about what's hot and what's not stickball it sells multi $1000000.00 pieces for a living. 60000000000. $1000000000.00. this is where art collectors come for some high stakes gambling is that these prices simply reflect demand. to other people who shell out millions at christie's auction house. 71000500. always outstrips supply. there's a lot of art out there but the focus is on the art that society considers most interesting. dick paul is president of christie's for europe the middle east russia

and india. if anyone can explain why works of art can be so mind bogglingly expensive it's him. because it's the value of an artwork is 1st and foremost its thetic value its cultural value and that's determined by art history and the canon and today there's a consensus that because it was an interesting artist. as is when someone buys a piece for such a crazy price is out of love for art of mine of argument is that my experience the overwhelming majority of collectors we have counter or i know personally are indeed interested in the art and not just in art as investment though of course there are investors as well versed on the work that fetched the highest price ever was sold at christie's in new york in 2017 salvator monday a portrait of jesus from around 1503 ascribed by some experts to leonardo da vinci . 200000000 is bit so you are good nearly 200000000

throughout the military 2 of the 1000000000 is big it may be a significant or even important work of art but it's also an investment it went to an anonymous better later revealed to be a saudi royal for $400000000.00. $450000000.00 when you include fees christie's charges between 10 and 20 percent on top of the sale price of each work. at christie's $400000000.00 is the bridge to the prius. so. i just ask you has the art market changed in recent years that. yes indeed as everything we do is speeding up nowadays he's against developments that used to take place one after the other also with regard to art and the discourse on art now occur in parallel at the same time. draws public attention much faster we

now have global trends where once there were local or regional trends but this also offers artists greater exposure we get to see more art these days. buying contemporary art is considered riskier than buying old masters it's far from clear which modern artists will prove to be a good investment anybody find them interesting a century from now. be worth a fortune for nothing at all. about of collectors and curators are always keen to discover the next generation of interesting artists nowadays there are talent scouts who have an eye for such things that are well known curator find something exciting at a gallery and post it on instagram the whole world knows about it instantly. is so for the. clothes it will online sales play an effort greater role. that's what he's doing yes i think they will you know we're already seeing the growth rate saw more

than 40 percent of our new customers come via online auctions where the generation that grew up with the internet comes of age and becomes the main player in the art market we'll see that reflected in the way they engage with the market. buying works on the internet is that what true love is about what do or is it something down below so investors are more likely to consider. well companies are important to us collectors as well these days some even set up their own museums like the one you see behind me as chocolate maker written is good for the corporate image and might make them some money as well and our consultants like us to advance corporate clients on acquiring art we met at the art cologne fair to talk art taste and money. so what about the great use of boys

as a puppet. if i'm buying art it has to speak to me. and i it doesn't speak to me and i'm actually thinking it me and. it looks like boys will not be added to our street shopping list. she's looking for works in our cologne that would suit one of her clients. she won't say who it is but she does offer one piece of information. i think about is just built a house in italy and asked me to come and have a look at the fair. on the budget. that's top secret it depends on how the stock market's doing. lilia works at the interface of art and business networking is a key skill. that wouldn't join the artist if i am in the company of torture velour right behind you so who is that it's just i'm the

companies that say he's a well known collector and he's just about to sell his collection at auction it's fun but exciting i don't see what's on offer. although studied economics and process engineering she also developed an eye for art and learnt about art history. and like to look at my grandparents paintings me and almost every weekend my grandfather would take me to a museum and explain the pictures to me that certainly left a mark. insiders often bump into each other year after year at the major art fairs. lydia runs into a former client. so you have to say that she's a very well connected and she communicates very well she's also good at setting out the issues even about insurance plus trees and charming person very open very warm

very helpful everything you could want. this was what. many companies like to promote are to some by art you can be good for their image and you can make the money. that's if they backed the right horse but it's not always easy to pick winners. that's where consultants like astrid come in. kept it i knew it all began when i had the good fortune to be noticed by a well known collector. intake types because after he said i can inspire people i would be able to get funding from large companies so we can finance exhibitions or buy art and. develop strategic partnerships basically the link between business and not just for artists trying to sell their works that makes something of a portal to patronage. it's certainly

a boost when you get recommendations and introductions that raises your profile so i hope we can work together. to get to you know. it's an endless round of networking and inspecting galleries and art furs around the world. and what about the client with the new house initially have you found i think he'd like. to say lately that's what i'm not going to tell you what right now. as always in australia as business discretion is required as the bargaining gets underway. and that's from many of the made in germany team for today.

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