It could - hence the fomo in normie land about ETH smartcontracts etc.
From the Art viewpoint try doing a search on programmable art / NFT there are some dapps experimenting with it now. I loved the idea that you can sell an artwork and it would grow and evolve on its own. Conceptually it raises a few off the wall ideas.
RE: NFTs - Future of Creativity Or Flash In The Pan Novelty?