Use AI cautiously and assess its output. (09/14/2026)
I am having fun using artificial intelligence (AI) in my professional and personal life, watching it comb the Internet, dig up data, and synthesize it for me.
Having used AI in actual aircraft deals and disputes, I find it a little scary how much it can accomplish in its infancy and the dangers it poses. The age of AI is here to stay, and it behooves us to at least understand it generally, if not use it.
AI can generate market research, draft reports and agreements, summarize mountains of data, and analyze or calculate pertinent metrics. In my legal practice, AI has helped me with research, summarizing articles and legal analysis, improving or correcting drafting, and flagging inconsistencies or errors in aircraft purchase agreements (APAs) and other documents. As its use expands, AI may lower transaction costs. It is not a panacea, but it can undeniably be a useful tool.