Noah Horowitz - CEO, Art Basel

In a discussion with Noah Horowitz, the CEO of Art Basel, he explains how the global art market is experiencing a slowdown, yet Art Basel remains a prestigious and influential art fair. Founded in 1970 in Switzerland, Art Basel has expanded to Miami Beach, Hong Kong, and Paris, significantly impacting the contemporary art landscape. Horowitz emphasizes the importance of maintaining the core values of the brand while expanding into culturally diverse destinations. Art Basel plays a crucial role in regenerating cities and remapping cultural ecosystems, contributing to the economic and cultural vibrancy of cities like Miami and Hong Kong. The fair also supports the careers of artists and galleries, balancing commercial success with contributions to the art world. Horowitz acknowledges the criticism of inflated art prices but highlights the broader trajectory of supporting artists' careers. He expresses interest in digital art and technology, recognizing the potential of blockchain and NFTs in the art market.