Let's Get Surety #126 Building the Future: AI, Construction and Law
12 snips
Dec 10, 2024 Denis Serkin, a Partner and Chair of International Practice at Peckar & Abramson, dives into the exciting intersection of AI and construction law. He discusses how AI is redefining efficiency in the industry, tackling challenges like labor shortages and the need for regulatory frameworks. Serkin also highlights AI's role in enhancing dispute resolution and the potential for substantial cost savings. With a shift towards data-driven decision-making, he emphasizes the importance of legal guidance in navigating this transformative landscape.
AI Snips
Chapters
Transcript
Episode notes
Serkin's Background
- Denis Serkin worked as a project engineer while attending law school at night.
- This experience gave him a practical understanding of construction, which benefits his legal practice.
AI's Transformative Power
- AI is a general-purpose technology like electricity or the internet, impacting every aspect of our lives.
- Its rapid evolution makes predictions challenging, as advancements constantly emerge.
Construction's Shifting Landscape
- The construction industry, known for resisting change, is becoming more agile and adopting new technologies.
- AI's influence will be unavoidable due to its integration into various construction tools.