Artistically? No way. We're actually falling into a new Dark Age, art-wise. When a canvas covered in red squares or vomit or squiggly lines can be considered art and could be purchased for thousands of dollars... well, it's certainly not GOOD.

Even in other respects, this is not a renaissance, as (to our knowledge) there has never been a human civilization at this level of advancement. The world is, simply, though illogically, getting smaller by growing larger.

You see, for a very long time the human population was relatively stable. A low life expectancy and high infant mortality rate led to very slow increases. However, as technology became more advanced, it was possible to save many lives that would have been lost and lengthen them, too. As the increase rate of the increase rate increased, there were more and more people, who pioneered more and more advancements, making more and more people. This cycle continues today, with its primary purpose the creation of more people and generating new technology in other sectors almost as an afterthought. Especially in communications and transport, but also in others, the rapid gains made insurmountable distances and impassable barriers effortlessly easy to bypass. Thus, smaller by larger.