Neil Fryman

They were being sold for $100,000 a pop and they sold within the first hour they were there.

What was interesting to me is the ones that had people's face sold before anyone else.

So people really were infatuated with this.

I would say the art critics were not at all.

Art News talked to one dealer who described the work as decadent in the way that signifies a moral and cultural decline, called it a spectacle that panders to the crowd, dodges complexity, disguises thin ideas behind technological bombast.

Sure, it's nice that people care about it, but this whole project tramples on the art of history of digital and video art and makes it a bit.

Beeple has dealt with this kind of criticism for years, too, because he was creating NFTs and sold one for $69 million, which people were like,

What is going on?

We don't even know what an NFT is.

And now he's one of the most expensive living artists in the world.

So there does seem to be a divide between high culture and low culture.

The art critics hate it, but the regular people seem to get enough of it.

It's Monday.

So here are the events you need to know about in the week ahead.

Who's ready for a haircut?

With the labor market stumbling, the Federal Reserve is a lock to slash interest rates at its meeting on Wednesday, bringing borrowing costs to their lowest level since the fall of 2022.

Then, Chair Jerome Powell will hold a closely watched press conference to share his view on where the economy is headed.

Also expect a lot of chatter about Powell's replacement when his term ends in May.

Trump has said he'll announce the next Fed chair in the next few weeks.

Yeah, we'll get to that.