Generative AI tools have democratized the art-making process, allowing anyone with a computer to create unique pieces of art. This has led to a surge in AI art, with its demand and uses increasing exponentially. But has this ease of creating unique art and turning it into an NFT led to the devaluation of NFTs? Has the democratization of art creation inadvertently caused a downturn in the NFT market?
Source: The AI Art Revolution: A Catalyst for the NFT Market Decline?