Vanessa Carlos of Carlos/Ishikawa, who represents Oscar Murillo and Korakrit Arunanondchai, is one of many emergent gallerists who have seen the sharks circling. “My main issue with speculation is that it creates an oppressive (and dull) environment for all of us, one that loses sight of ideas, discourse and culture—the very reason most of us get involved with art in the first place,” she says. “It can be destructive for any artist, but especially younger ones who don’t have certain support structures in place—it just becomes predatory, irresponsible and unfair.” Carlos is aware that gallerists trying to protect their artists have a limited pull. “You just have to try and be sensible. Resale agreements are so easily broken, I don’t see them as stopping anyone. Vetting is so subjective anyway,” she notes.