AI Fakes Art Provenance

Fraudsters are now using AI chatbots to fabricate convincing documentation for artwork, including sales invoices and provenance records. This poses a significant challenge to the art market, where authenticity and ownership history are crucial for establishing value. The AI-generated forgeries can deceive buyers and undermine trust in the art market.

The technology allows bad actors to create realistic-looking documents that are difficult to distinguish from genuine paperwork. Experts warn that the increasing sophistication of AI makes it easier for criminals to create fake art and launder money.

As AI technology evolves, art market participants must exercise increased vigilance and implement robust verification processes to combat fraud. This includes employing AI-detection tools and consulting with experts to scrutinise documentation and assess the authenticity of artwork.