Chemistry has DRASTICALLY altered painting from the Renaissance to the World War era. New pigments have been constantly highlighted and displayed in artwork. Finally, an insanely blue blue has been invented, bluer than any other blue paint in the past.
The artist highlighted above attempts to showcase the new technology in its purest form. Though, despite this strive for purity of blue, the application is inherently uneven. If you look into the painted canvas up close, you will see imperfections and patterns in "just a wall". It's also a statement, it may cause reactions and cause viewers to question the boundary between art and not-art.
It's not my cup of tea compared to masterworks of Van Gogh or Homer or any of the legendary painters, but art goes through many phases and is used to express many different ideas. What I do think is bonkers is that modern artists (who are well-connected) may be paid millions of dollars for these works, which to me don't showcase skill and talent, but which reward creative ideation and concepts.