The adventure of modern art is over. Contemporary art is only contemporary of itself. It no longer transcends itself into the past or the future. Its only reality is its operation in real time and its confusion with this reality. Nothing differentiates it from technical, advertising, media and digital operations. There is no more transcendence, no more divergence, nothing from another scene: it is a reflective game with the contemporary world as it happens. This is why contemporary art is null and void: it and the world form a zero sum equation… [promoters of the art scene today are involved in] insider trading, the shameful and hidden complicity binding the artist who uses his or her aura of derision against the bewildered and doubtful masses.
Jean Baudrillard on contemporary art