artnet: Why You Can’t Trade Art Like Stocks (and Other Insights)
"2. “All the current art market models and start-ups deal with existing big data information, which only takes into consideration auction results.” This is blatantly false. ArtRank has been synthesizing data science with on-the-ground intel from an expert network since at least 2014, as founder Carlos Rivera clarified in this interview two years ago. Artsy‘s new analytics initiative under Hugo Liu sounds like it will do something similar. True, neither of those platforms is currently trying to run an art stock market."
Read the whole story by Tim Schneider at artnet.com