Arbitration group unveils AI tool for construction
AI Article Summary
The American Arbitration Association has launched an AI-based tool aimed at facilitating construction arbitration. This platform is designed for two-party, documents-only arbitration cases, ensuring that proceedings remain efficient while under human supervision. The use of AI in this tool aims to streamline arbitration by managing documents and simplifying case processes.
What This Means for Canadian Contractors
This development shows how AI is increasingly being integrated into construction-related processes, paving the way for more efficient dispute resolutions. For Canadian builders, this means potential reductions in dispute timelines, thereby possibly impacting project costs and schedules favorably. The tool could lead to faster resolutions without the need for extensive in-person meetings, which is beneficial for projects involving cross-border collaborations.