The infusion of artificial intelligence (AI) into the art domain has ignited profound discussions concerning the essence of artistry and its economic valuation. This study aims to provide a comprehensive examination of the impact of AI within the painting market, focusing on technological advancements with artistic and commercial perspectives. Utilizing qualitative methodologies, insights are gleaned from a diverse array of stakeholders, including art practitioners, and gallery proprietors. This research aims to explore different viewpoints to understand the essence of art, and determine the authenticity of AI-generated artworks.
By taking a close look at how paintings are valued and priced, identifying the subtle factors that determine the value of paintings made by humans compared to those made by AI. By comparing these factors, we aim to understand the different ways paintings are valued in today's art market. Additionally, the paper examines the creative abilities of both human artists and AI, predicting how they might change the way paintings are created in the future.
The research focuses on key questions aimed at understanding the important aspects of how human and AI artists work together, examining what gives paintings their value and how much AI can mimic or differ from human abilities in this regard. Additionally, taking a look at how AI affects the creative process and what this means for creativity, innovation, and artistic expression. Finally, explore how AI can improve the painting industry's value, paving the way for better collaboration and innovation.
This research targets to equip stakeholders with a comprehension of the intricate dynamics at the intersection of technology and artistry. By shedding light on both the collaborative potential and potential conflicts between human and AI artists, it brings a profound understanding of the intricate dynamics inherent in the coexistence of human and AI artists within the painting industry.

By illuminating the symbiotic relationship and potential tensions between these two entities, the empowerment for industry stakeholders to navigate this evolving landscape with discernment and foresight. Through strategic utilization and collaboration, stakeholders can harness the transformative potential of AI to not only invigorate but also elevate the painting industry's value proposition. This concerted effort not only fosters an environment conducive to innovation and growth but also propels the industry toward new horizons of creativity and value creation. Through informed decision-making and strategic planning, stakeholders can leverage the transformative capabilities of AI to not only invigorate but also enrich the painting industry. This concerted effort propels the industry toward uncharted realms of creativity and value creation, fostering an environment ripe for innovation and growth.

Table of Contents Abstract ........................................................................................................................................... 4
Chapter 1 Introduction ................................................................................................................. 6
Chapter 2 Literature Review ...................................................................................................... 10
2.1. Definition of Art ........................................................................................................................... 10
2.2. Learning Arts and Paintings ......................................................................................................... 12
2.3. Digital Paintings ........................................................................................................................... 14
2.4. Painting and Artificial Intelligence ............................................................................................... 16
2.5. Painting Value and Price .............................................................................................................. 18
Chapter 3 Method ........................................................................................................................ 22
3.1 List of participants ............................................................................................................................ 24
Chapter 4 Result .......................................................................................................................... 25
4.1. The Contribution Factors to Creating a Good Painting ..................................................................... 25
4.2. The Contribution Factors to Creating an Expensive Painting ........................................................... 27
4.3. AI Artist vs. Human Artist; What AI Can Do and What Human Can Do ......................................... 31
4.4. AI in the Painting Market Landscape ................................................................................................ 35
4.5. Preference over AI-painted, Human-painted, Human & AI painted Piece .......................... 38
Chapter 5 Discussion and Analysis ............................................................................................. 42
5.1. The Capability of AI in Art ............................................................................................................... 42
5.2. The Acceptance of AI in Art ............................................................................................................. 49
5.2.1. Evolution of Paintings and Social Acceptance .......................................................................................... 49
5.2.2. The Change in Learning Arts ..................................................................................................................... 53
5.3. The Value Perceived of AI Art ..................................................................................................... 57
5.4. AI usage adds value to the industry ................................................................................................... 61
5.4.1. Digital Art is Growing ............................................................................................................................... 61
5.4.2. AI Democratizes Art and Painting ............................................................................................................. 62
5.4.3. The Coexistence of Traditional and AI Paintings Increases Value of the Industry ................................... 68
5.5. Potential Drawback of AI to the Painting Market ............................................................................. 70
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