Bjorn Ulvaeus, a member of the iconic supergroup ABBA, recently spoke about the "existential challenge" of Artificial Intelligence (AI) and its recent boom in the music industry.

"This year's results show that the collective management system, despite all the enormous challenges it faces in adapting to digital, is still robust and effective," the Swedish singer slash composer slash songwriter said, as per CISAC.

Ulvaeus is the president of CISAC, a non-profit organization that supports and represents songwriters and composers globally, like himself.

"CMOs (collective management organizations) have the backs of the creators they serve and are now delivering more money to more creators than ever before," he added.

He went on to explain why he thinks AI poses a threat to the industry, "[...] We now face is another very serious, existential challenge - that of artificial intelligence. AI will radically change the world for creators and the creative industry."

Furthermore, the ABBA member asked for the constituents of the music industry to stay strong and remain solid amid the challenges.

"It demands international leadership and a strong united front from all parts of the creative industry."

Artificial Intelligence Ethically, Legally Questionable

When an AI-generated song called "Heart on My Sleeve" was released online, it garnered numerous questions and criticisms, as it featured the voices of Drake and The Weeknd.

Other tracks were released by the same anonymous creator featuring the voices of Rihanna, and several other artists as well.

None of the artists have commented on the AI-generated songs using their vocals.

However, none of these artists have actually consented to have their voices used on the track, and it became a contentious debate online among netizens as well as music executives.

According to reports, the song was created by a user who goes by the pseudonym "Ghostwriter."

Moreover, the track reached the ears of the Recording Academy, who declared the song to be eligible for a Grammy Award.

READ MORE: Grammys' FINAL Decision on AI-Generated Music: 'Absolutely Eligible For Entry' [DETAILS]

Recording Academy Green Lights AI-Generated Music

According to reports, the Recording Academy eventually took back the initial statement shared by its CEO, Harvey Mason Jr.

"Let me be extra, extra clear: Even though it was written by a human creator, the vocals were not legally obtained, the vocals were not cleared by the label or the artists and the song is not commercially available and because of that, it's not eligible."

READ ALSO: Queen's Brian May Disapproves of Using Artificial Intelligence in Music? 'I'm Preparing to Feel Sad About This'

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