PICASSO BABY HAS ARRIVED.. MUST SEE..PEEP THE VIDEO... Jay Z shot the visuals at Pace Gallery in New York last month. The hip-hop mastermind presents the performance art film for “Picasso Baby,” the Timbaland-produced single off his No. 1 album Magna Carta: Holy Grail. Spectators including Wale, Taraji P. Henson, Rosie Perez, Judd Apatow, Alan Cumming, Magazeen, Fab 5 Freddy, and the “grandmother of performance art” Marina Abramović gathered around as he took turns interacting with them in the all-white space.

“Concerts are pretty much performance art,” explains Jay, who shot a video for “Holy Grail” with Justin Timberlake in L.A. this week. “In a smaller venue, it’s a bit more intimate so you feel the energy of the people.”

Watch the “HIP HOP Pablo Picasso” unveil his visual masterpiece below.

He also addressed Harry Belafonte’s comments about him not doing enough for his community. “I didn’t think it was the correct venue. If it was a real problem, I’m not very difficult to find,” said Jay. “I didn’t appreciate that, especially dragging my wife into it was a bit of a low blow.”

He will be eligible for the Rock and Roll Hall of Fame in seven years and wants President Obama to induct him. “He owes me a couple,” joked Jay.

He also debated with politician Barney Frank about the presence of police in the inner city. “I don’t really want to scare America, but the real problem is there’s really no middle class, so the gap between the have and have nots is getting wider and wider,” said Jay. “It’s gonna be a problem that no amount of police can solve because once you have that sort of oppression and that gap is wide, it’s inevitable that something’s gonna happen.”

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