Disturbing Volatility

Ξ 1
($406.04)
0 194 Share
Description:

Disturbing Volatility explores the perception of and sentiment towards economic systems and their market forces. Embraced and used to their advantage by some, for the majority volatility represents an appalling uncertainty and the loss of control. With the rise of financial technologies, humans are even further removed from decision-making processes … (read more)

Disturbing Volatility explores the perception of and sentiment towards economic systems and their market forces. Embraced and used to their advantage by some, for the majority volatility represents an appalling uncertainty and the loss of control. With the rise of financial technologies, humans are even further removed from decision-making processes and replaced by artificial intelligence. Algorithm-driven automated decisions account for approximately 80% of the daily trading volume, react instantly to signals and have caused significant fluctuation in recent years.

This artwork embodies this alienation through an animation of 60 aerial videos recorded with a cellphone through the window of passenger flights over two years. The videos are organized in five rows depending on their relative position between the ground, clouds and sky, and the 12 columns loosely resemble a histogram chart. In an endless loop, the video columns imitate economic cycles that move around an opaque layer of cloud videos as its reference point. Disturbing Volatility plays with similarities between the developments in financial markets and commercial aviation. Furthermore, it emphasizes the necessary surrender of a market participant or passenger to the faith in its driving forces.

In the adoption of new technologies such as blockchain, high fluctuation of the underlying cryptocurrencies drives in speculators but deters fast, widespread adoption. High price swings overshadow the technological benefits and reduce it for many to its monetary roots. The artist acknowledges the use of copyright-free music by Doug Maxwell (Lost in Prayer), and I Think I Can Help You (The Ten Names) in his artwork.


Additional Details:
  • 3240 x 1920 px, Video (74.9 MB)
  • This is a signed and limited edition digital creation.
    What does this mean?
  • You're purchasing the full non-commerical rights to this creation. Learn more.
  • All sales are final.
  • The creation will be transferred to your digital wallet. If you don't have one, we'll provide one for you.
  • You may download the full-sized creation to display or even print for personal use.

Comments

Current Owners

Owner Edition Details Date
Martin Lukas Ostachowski #5 Created 23 days ago View
Martin Lukas Ostachowski #4 Created 24 days ago View
Benjamin Zola #3 Acquired for $408.08 16 hours ago View
mattscollection #2 Acquired for $349.26 22 days ago View
moderats #1 Acquired for Ξ1.00000 ($360.64) 24 days ago View

Martin Lukas Ostachowski's Recent Collectors

Register or Login to view more.
Ξ 1
($406.04)