AI drives 37% growth in tech M&A, valued at $984 billion by 2030; X Japan's Yoshiki calls for AI legislation to protect artists rights; AI researchers stunned by unprecedented pace of development, survey finds; IBM's Sriram Raghavan forecasts 40% surge in demand for AI specialists- this and more in our daily roundup. Let us take a look.
AI propels a 37 percent compound growth in tech M&A, reaching $984 billion by 2030, despite a post-pandemic dip. Corporates anticipate increased deal volumes and values, driven by AI's transformative role and tech giants' continued investment. AI turbocharges diligence, enhancing efficiency and data protection, with legal implications for handling personal data. Investors must address identified risks as a pre-closing action for successful M&A strategies, Business Today reported.
We are now on WhatsApp. Click to join.
Yoshiki, leader of X Japan, advocates for legislation to safeguard artists' rights amid the rise of AI in music production. Expressing concern about AI-generated songs blurring the line between human and AI compositions, he emphasizes the need for progress in copyright and publicity rights legislation to keep pace with technological advancements. Yoshiki notes the negative impact on artists' income due to increased participation in the music industry through AI, according to a Borneo Bulletin report.
AI researchers are astounded by the rapid pace of AI development, according to a recent survey. The study, conducted by AI Impacts, reveals a widespread perception among 2778 AI experts that AI progress is accelerating. The findings also highlight a divide between AI enthusiasts and cautionary voices, with the former seemingly gaining ground. The survey suggests a notable shift
Read more on tech.hindustantimes.com