Let's face it. Jay-Z is not Marina Abramovic and "Picasso Baby: A Performance Art Film: is nothing like "The Artist is Present". Jay-Z's film fails on show at least one intimate moment between the singer and one member of the audience. Nothing really interesting happen during the 10 minutes film, more a long music video than a short documentary.
On the other hand we have to give him some credit for trying to make something different.
Watch "Picasso Baby: A Performance Art Film" (the whole film) here: