It might be that anyone can generate "art" now.

While canvas, sculpture, and other media are far removed from jpegs, the scarcity of adjacent digital forms going away may have reduced the interest in the market for "shaped aesthetic things".

The attention, and thus money, has moved elsewhere.

Pretty much every country is in conflict at their border. However, resolutions can happen peacefully. Nations are essentially pillaging structures and thus want to always expand their borders.