First of all, it depends on when you got started pursuing a career in art. One of the pros that artists had 40 years ago is that everything was cheap. That included food, rent and art supplies and you could survive off a part time job that gave you all the time in the world to produce work and get you noticed in no time. Obviously that is not the case anymore with the high cost of living and higher prices. With that being the case, more hard work and time is required to support yourself and that leaves you less time in your studio.
However, with the help of the internet and social networking sites artists can now use these two new tools to get exposure for their work and expand their audience. And the more they stay active on the internet the better. It seems like computers are the future, which is often already how people look at art besides going to galleries. Just like me, artists can approach their art as internet entrepreneurs.
On the other hand, today it is very rare for artists to be making a living off their art alone. The only artist I can think of who does that is Jasper Johns. Depending on what art forms you’re involved in it can be tough-- like painting, drawing, sculpture and mixed media, which I believe are dying art forms.
I’m not saying that artists are living in a bad time or good time; I’m saying that being an artist not just today but in general has its pros and cons. After all, nothing is perfect.