The creation of legislation is a multifaceted and intricate process that is beyond the capabilities of AI. While AI has shown proficiency in natural language processing, its involvement in this area is limited due to numerous ethical concerns that must be addressed before it can be deemed fit for such a task.

A typical dilemma here is that legal transactions are demanding and complicated to comprehend. It requires a thorough knowledge of legal notions, case precedents, and the society norms, which the AI may not be capable of handling due to the fact that it lacks the capacity to comprehend context and details in legal reasoning.

Moreover, the process of creating legislation involves democratic discourse and involvement from various parties including elected officials, legal experts, and the public. These elements encompass ethical considerations, empathy, and a grasp of human values that are crucial for developing laws that align with the needs and principles of society. Unlike humans, artificial intelligence lacks qualities such as trust, understanding, compassion, and concern, making it unsuitable for the task at hand.

The persistence of biases in data processing is a significant concern in AI systems, as it can perpetuate or worsen existing injustices and inequalities. The use of biased data for training the AI system can result in negative social consequences, potentially leading to discriminatory actions in the AI's decision-making process.

The use of AI in the creation of laws raises concerns about issues of accountability and transparency. Who should be held responsible for the implementation of the law and face consequences for decision making errors - a human or the AI system? If it is the human, what recourse do they have in appealing decisions made by the AI? These important questions must be carefully addressed before blindly trusting and incorporating AI into the legislative process.

Ensuring that the AI-based lawmaking embodiment is in accordance with current legal frameworks, addressing technical limitations and errors, and verifying the security and authenticity of lawmaking are all significant considerations in practical application.

To summarize, AI, despite making advancements in helping with diverse processes of legislation, is still not able to deal with the complex and multilayered procedure of lawmaking. There are a plethora of issues and subtleties that need to be worked on in order for AI to one day be ready to take over such a critical task.

In spite of the problems it may pose, AI's potential for benefiting lawmakers can be fully realized by providing with valuable insights, automating trivial tasks, and giving evidence-based approach. Nonetheless, this tool ought to act as a complementary device along with the traditional human knowledge-base.

Achieving the abilities of AI in the rulemaking process requires setting up a regulatory framework, maintaining transparency and responsibility in AI systems and, finally, involving technologists, politicians and lawyers in a dialogue and cooperation.

Ultimately, in order for AI to play a role in shaping legislation, it is imperative that we first establish a clear understanding of our own values and capabilities, and diligently address the complex ethical, legal, and technological considerations. While the incorporation of AI in the lawmaking process may be groundbreaking, it demands careful consideration and deliberate contemplation of its impact on the legal system and the principles of justice and the rule of law.