What is the benefit of using $() instead of backticks in shell scripts?

What is the benefit of using $() instead of backticks in shell scripts?

bash syntax sh backticks

bash

Batch equivalent of Bash backticks

bash batch-file backticks

bash

What is the difference between backticks and $() in bash script? [duplicate]

bash backticks

bash

Display output of a Bash command and keeping the output in a variable

bash stdout backticks

bash

PS1 command substitution fails when containing newlines on msys bash

bash backticks ps1 command-substitution

bash

Exactly how do backslashes work within backticks?

bash escaping backslash backticks

bash