Final answer:
Peter Hovenden would likely experience a shift in perception towards art, recognizing it as an 'inspired' creation rather than just a skilled craft, reflecting the changing social attitudes about the role of an artist.
Step-by-step explanation:
Based on the passage provided, it seems that Peter Hovenden's reaction to change, specifically the changing status of the artist as mentioned in 'The Artist of the Beautiful', would involve a shift in perception.
Art is beginning to be seen not simply as a product of skilled labor, but as a reflection of an individual's special 'inspired' vision. This shift indicates a changing social narrative about the essence of art and the role of the artist.
This evolution reflects a broader cultural transformation whereby art is progressively valued for its imaginative power and capacity for emotional resonance over mere craftsmanship.