In this episode of The Pearl Lam Podcast, Pearl Lam is joined by art market journalist and author Georgina Adam to examine the evolving dynamics of the global art market.

Drawing on historical insight and current developments, the conversation explores structural challenges such as liquidity, high transaction costs, and the art market’s fundamental differences from traditional financial systems.

It also addresses the influence of technology and digital art, alongside ongoing concerns around transparency and environmental sustainability. The discussion considers generational shifts, geopolitical uncertainty, and demographic constraints in emerging markets as continuing pressures on the sector. Despite these complexities, the exchange conveys a measured optimism that a sustained commitment to art will continue to underpin the market’s long-term resilience.