The Wallpaper of Spacetime

Richard and Eric look into a quote about art and music that has been making the rounds of social media recently.  Formally attributed to postmodernist/neo expressionist artist  Jean-Michel Basquiat, it reads: “Art is how we decorate space, music is how we decorate time.”  Why does the statement illicit a strong response from those in the fine arts?  What could it actually mean, or does it perhaps mean something that people are misinterpreting, en masse?